Jets QB Aaron Rodgers is out for the season due to artificial turf; millennials embracing prenuptial agreements; Salesforce's boomerang strategy; hidden costs of business turnover; controversy surrounding artificial turf in NFL games
Millennials are increasingly opting for prenuptial agreements as a realistic approach to marriage and a way to prevent financial disputes.
Salesforce's boomerang strategy of rehiring former employees who require less training reveals the hidden costs of turnover and training in business.
Deep dives
The Rise of Prenuptial Agreements Among Millennials
Prenuptial agreements, once a taboo topic, have become a popular trend among millennials. In the past, prenups were mainly associated with major wealth imbalances in couples or celebrities looking to protect their assets. However, surveys show that 15% of couples now opt for prenuptial agreements, signaling a shift in perception. Millennials view prenups as a realistic approach to marriage, acknowledging the possibility of divorce and aiming to prevent financial disputes. Reasons behind this trend include growing up in a generation with high divorce rates, marrying later in life with more individual assets, and redefining prenups as open conversations about finances, ensuring clarity and a plan for potential future challenges.
Salesforce's Boomerang Strategy for Rehiring Former Employees
Salesforce, a major San Francisco-based company, recently fired 8,000 employees, but now plans to hire back 3,000 of them as part of a boomerang strategy. Boomerang workers are former employees who are familiar with the core business and require less training. They have a more thorough understanding of Salesforce's software and are more effective at selling it. Additionally, the financial costs of firing and hiring new employees, including HR paperwork, recruitment processes, and training, contribute to the appeal of rehiring boomerangs. While the move may seem contradictory, it reveals the hidden cost of turnover and training in business.
The NFL's Turf vs Grass Debate: Injury Rates and Business Considerations
Artificial turf has become a contentious issue in the NFL, with campaigns to ban turf due to its perceived association with an increased injury rate compared to natural grass. However, despite the higher injury rates on turf, many stadiums continue to use artificial turf for practical reasons. One significant factor is the revenue generated from hosting concerts, which is often more lucrative than NFL games. Turf is cheaper to maintain than grass, and its durability and versatility make it ideal for hosting large events. While there are concerns about player safety, financial considerations and the allure of hosting concerts contribute to the preference for artificial turf in many NFL stadiums.