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	<title>Business &#38; Money &#187; Gary Belsky &#124; TIME.com</title>
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		<title>Business &#38; Money &#187; Gary Belsky &#124; TIME.com</title>
		<link>http://business.time.com</link>
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		<title>When Good Things Happen To Bad People: Disturbing News About Workplace Bullies</title>
		<link>http://business.time.com/2013/05/21/when-good-things-happen-to-bad-people-disturbing-news-about-workplace-bullies/</link>
		<comments>http://business.time.com/2013/05/21/when-good-things-happen-to-bad-people-disturbing-news-about-workplace-bullies/#comments</comments>
		<pubDate>Tue, 21 May 2013 09:45:49 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[bullying]]></category>
		<category><![CDATA[social information processing]]></category>
		<category><![CDATA[SUNY-BUffalo]]></category>
		<category><![CDATA[workplace bullying]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=80383</guid>
		<description><![CDATA[As if life isn&#8217;t unfair enough for the alarming number of people who are bullied at work—or otherwise adversely affected by such behavior—recent research suggests that a lot of workplace bullies achieve high levels of career success. In fact, their bullying and on-the-job achievements might just be related.That&#8217;s according to a new study (&#8220;Political Skill and the Job Performance of Bullies&#8221;) in the most recent issue of the Journal of Managerial Psychology, the first attempt to examine the correlation between bullying and job performance. It&#8217;s an important next step in understanding what appears to be a growing problem—or at least one that&#8217;s being discussed more often and openly—not least because it provides a new framework for understanding a significant aspect of the bullying dynamic. It might be a little counter-intuitive to imagine workplace bullies earning positive performance reviews, if only because we think of (and tend to characterize) bullies as cruel and angry individuals who target weaker colleagues. But while the latter notion is undoubtedly accurate, and the former quite often so, it&#8217;s also true that for a bully to carry on for any length of time her or she must hold onto a job. To be sure, some bullies survive and thrive because their employers and/or managers aren&#8217;t focused enough on the problem (more than half of U.S. workplaces don&#8217;t even have an official bullying policy). But many if not most are allowed to keep abusing colleagues because their bosses aren&#8217;t aware of their behavior, either because it goes unreported (many victims are too frightened or embarrassed to draw attention to their plight) or because the bullies are good at masking their behavior and/or fooling their superiors. That&#8217;s the focus of the JMP study, which was led by Darren C. Treadway of SUNY-Buffalo and Brooke A. Shaughnessy of the Technical University of Munich in Germany. The research  team analyzed dozens employees at a mental health organization—collecting data on behavior and job performance over two separate time periods—to capture the individual differences and social perception of bullies. They  were especially<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=80383&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Careers &amp; Workplace</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/</primary_category_link>
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			<media:title type="html">garybelsky</media:title>
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		<title>The Hidden Cost of Tax Refunds</title>
		<link>http://business.time.com/2013/04/05/the-hidden-cost-of-tax-refunds/</link>
		<comments>http://business.time.com/2013/04/05/the-hidden-cost-of-tax-refunds/#comments</comments>
		<pubDate>Fri, 05 Apr 2013 09:45:35 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Personal Finance]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=76436</guid>
		<description><![CDATA[Most of the nation&#8217;s 100 million or so individual filers of federal tax returns will get a refund this year—an estimated 75%, in fact—and for those lucky souls we have a message: Be careful; windfall monetary gifts can be dangerous to your financial health.The culprit is one of the most common decision making biases identified in the past four decades of research in the field of behavioral economics. It&#8217;s called &#8220;mental accounting,&#8221; and it&#8217;s a subject visited frequently in this blog. Mental accounting is the process by which the human brain, consciously or otherwise, labels and prioritizes money differently depending on where it comes from (paycheck vs. gift from grandma), where it&#8217;s kept (savings account vs. stock market), how it&#8217;s spent (home repairs vs. vacation cruise), or  size of transaction (we value a $5 discount on a $20 item more than same discount on a $100 purchase). This is often a very useful bias, in that people who otherwise have a difficult time saying no to a new pair of shoes, pricey dinner, or digital camera can nonetheless refrain from tapping into their kids&#8217; college fund because they have mentally accounted for those dollars as sacred. (MORE: The Next Big Thing in Corporate-Tax Avoidance) But the problem with this non-conscious tendency to play mind games with how we treat money is that we sometimes aren&#8217;t aware of the rules. That&#8217;s especially true when it comes to the size of so-called windfall profits—in this usage, money that&#8217;s not part of your stable income stream, a.k.a., bonuses, gifts, gambling winnings, and, yes, tax refunds (expected or otherwise). Research suggests that if you get a $300 refund you’re more likely to make a $300 discretionary purchase with it than if you get a $3,000 refund—even though you can afford to splurge more, and still save a lot, in the second instance. (Up to a point, of course: Given a big enough windfall, most people will splurge and save.) It seems that a larger amount of found money makes it more difficult to spend,<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=76436&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Personal Finance</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/04/78752067.jpg?w=240</featured_image>
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			<media:title type="html">78752067</media:title>
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			<media:title type="html">garybelsky</media:title>
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		<title>Time Really Is Money: Five Tips For Maximizing Both</title>
		<link>http://business.time.com/2013/02/13/time-really-is-money-five-tips-for-maximizing-both/</link>
		<comments>http://business.time.com/2013/02/13/time-really-is-money-five-tips-for-maximizing-both/#comments</comments>
		<pubDate>Wed, 13 Feb 2013 17:00:10 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[Saving]]></category>
		<category><![CDATA[Saving & Spending]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=68339</guid>
		<description><![CDATA[Time is money, they say, and it&#8217;s hard to argue, especially after reading an informative new book by Lesley Alderman, The Book Of Times. This clever and entertaining compendium contains everything you&#8217;d want to know about the ticking away of seconds, minutes, hours, days, years, decades and centuries. Not surprisingly, given that its author is a noted financial journalist, there&#8217;s much to be gleaned from the book about spending, saving, investing, working and other money-related topics. We asked Alderman (who interviewed me for the book) about the intersection of time and money. Here are five interesting takeaways: 1. Don&#8217;t just do something, stand there! &#8220;It turns out that wasting a little time at work every so often is good for you and your productivity. That&#8217;s especially true when you waste time by cyberloafing: A recent study demonstrated that one of the best things to do following an intense bout of work is to surf the web. Do that, and you&#8217;re likely to be more effective and less prone to boredom than your perpetual nose-to-the-grindstone colleagues. There is one exception, though: email. Reading it tends to make concentration at work more difficult.&#8221; (MORE: Boomers Never Got Their $30 Trillion Inheritance—Will Millennials?) 2. Think green to make more of it. &#8220;The gist here is  simple: if you want to be productive, think about money. That&#8217;s the finding from a series of experiments that primed subjects to think about money or time. When participants thought about money, they tended to spend more time working and less time on social activities during and after the experiment. In other words, they were more productive. If you want to be happier, though, think more about time. Participants who were primed to think about time were more likely to be social, to hang out or plan to hang out with pals.&#8221; 3. Do sweat the small stuff—if you want to get rich. &#8220;If you want to earn more, spend more time at the gym. Again, there&#8217;s a study that shows this is so. Specifically, employees who regularly exercise<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=68339&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Personal Finance</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/</primary_category_link>
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			<media:title type="html">garybelsky</media:title>
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		<title>Prop Bets, Sports Books, And Beyoncé&#8217;s Cleavage: Everything You Need To Know About Super Bowl Gambling</title>
		<link>http://business.time.com/2013/02/01/prop-bets-sports-books-and-beyonces-cleavage-everything-you-need-to-know-about-super-bowl-gambling/</link>
		<comments>http://business.time.com/2013/02/01/prop-bets-sports-books-and-beyonces-cleavage-everything-you-need-to-know-about-super-bowl-gambling/#comments</comments>
		<pubDate>Fri, 01 Feb 2013 13:00:36 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Sports Business]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=69160</guid>
		<description><![CDATA[Forget record TV ratings, closer-than-you-think scores or Kurt Warner&#8217;s passing stats. The most impressive facts and figures when it comes to the Super Bowl are tied to that greatest of American pastimes: gambling. Specifically, sports gambling—and the Super Bowl wins the championship every year in that category. No wonder ESPN The Magazine editor in chief and sports betting expert/author Chad Millman calls Super Bowl Sunday &#8220;our national betting holiday.&#8221; And if you want to know who&#8217;s behind this gambling frenzy, well, just look in the mirror. &#8220;More bets are placed on the Super Bowl than on any other sporting event of the year,&#8221; according to the American Gaming Association, &#8220;including March Madness.&#8221; Since it seems like everybody and their cubiclemate has a brackets sheet in at least one NCAA tournament pool every year, that&#8217;s got to add up to a lot of money. How much? According to the Nevada Gaming Control Board, some $94 million was wagered on the 2012 Super Bowl at &#8220;sports books&#8221; across the state—the only one in the U.S. where sports gambling is legal. But it&#8217;s estimated that legal bets represent just 1.5% of  all Super Bowl wagers, which means the total pot on Super Bowl Sunday approaches $6.3 billion. (By comparison, it&#8217;s estimated that legal and illegal March Madness betting adds up to less than $3 billion.) And some experts have the figure approaching $10 billion. If those figures give you pause, you can thank &#8230; yourself. What distinguishes Super Sunday betting from all other sports-related gambling is not the size or number of wagers but rather the breadth of the wagerers. That is, more individual people make bets on the Super Bowl than on any other single U.S. sporting event—legally in Nevada, possibly legally online and definitely illegally but also mostly harmlessly in countless pools/squares&#8221; and other casual wagers with friends, colleagues, classmates, relatives and the occasional stranger. This herd mentality is in large part a function of three factors. (Four if you count Super Bowl parties; even Real Simple has gotten into the game.) (MORE: Why Beyoncé<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=69160&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Sports Business</primary_category><primary_category_link>http://business.time.com/category/sports-business/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/02/football-gambling.jpg?w=240</featured_image>
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			<media:title type="html">83797196</media:title>
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			<media:title type="html">garybelsky</media:title>
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		<title>Get Well Sooner—And Cheaper: Two Medical Insiders Pull Back The Curtain on the Doctor-Patient Relationship</title>
		<link>http://business.time.com/2013/01/28/get-well-sooner-and-cheaper-two-medical-insiders-pull-back-the-curtain-on-the-doctor-patient-relationship/</link>
		<comments>http://business.time.com/2013/01/28/get-well-sooner-and-cheaper-two-medical-insiders-pull-back-the-curtain-on-the-doctor-patient-relationship/#comments</comments>
		<pubDate>Mon, 28 Jan 2013 15:00:33 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Health Care]]></category>
		<category><![CDATA[Healthcare]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=66899</guid>
		<description><![CDATA[Healthcare spending dominates U.S. political and economic debate these days, for good reason. The rising cost of medical care isn&#8217;t simply a threat to our nation&#8217;s fiscal health. It is also, in the minds of a growing number of doctors, a sign that our society&#8217;s way of treating illness is out of whack, a dual threat to our health and pocketbooks. Two of those doctors—Joshua Kosowsky and Leana Wen—have written a compelling new book about a root cause of the problem: When Doctors Don&#8217;t Listen: How to Avoid Misdiagnoses and Unnecessary Tests. We spoke with both authors about what&#8217;s wrong with the doctor-patient relationship today and how it might be fixed.  How big of a problem are we talking about? Wen: &#8221;In their landmark report, the Institute of Medicine found that 100,000 deaths occur due to medical error every year. The majority of these are due to misdiagnoses. And this represents only the fatal errors; it’s likely that millions of other patients are misdiagnosed every year.&#8221; Kosowsky: &#8221;Not to mention all those who suffer the consequences of delayed diagnosis, often going through months and even years of frustration and uncertainty—and yes, unnecessary tests. It is estimated that 30% of all tests and treatments in the U.S. are unnecessary. This is a tremendous waste and drain on our healthcare resources, and poses significant harm to patients.&#8221; What&#8217;s the major reason for this? Why is so much of medicine off target, either in terms of missed diagnoses or wasteful testing? Kosowsky: &#8221;Modern medicine has veered off course. Instead of trying to figuring out what patients have—what’s the diagnosis?— health care providers have become stuck on “work-ups” and “rule outs.” It’s become easier to practice a brand of medicine that’s all about checking things off a list, rather than working towards an actual diagnosis.That&#8217;s why so many unnecessary tests are ordered.&#8221; Wen: &#8221;And patients suffer the consequences: addition risks, additional complications, additional costs. Even worse, at the end of the day, many patients are left confused and without a real diagnosis.&#8221; (MORE: Snowboarding May Have Reached Its Peak) What is the biggest<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=66899&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Health Care</primary_category><primary_category_link>http://business.time.com/category/health-care/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/01/124280856.jpg?w=240</featured_image>
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			<media:title type="html">124280856</media:title>
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			<media:title type="html">garybelsky</media:title>
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		<title>Davos Crib Sheet: Top Global Risks of 2013 (Be Afraid, Be Very Afraid)</title>
		<link>http://business.time.com/2013/01/23/davos-crib-sheet-top-global-risks-of-2013-be-afraid-be-very-afraid/</link>
		<comments>http://business.time.com/2013/01/23/davos-crib-sheet-top-global-risks-of-2013-be-afraid-be-very-afraid/#comments</comments>
		<pubDate>Wed, 23 Jan 2013 09:00:33 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Davos]]></category>
		<category><![CDATA[Economy & Policy]]></category>
		<category><![CDATA[Ideas for Business]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Work In Progress]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=67334</guid>
		<description><![CDATA[With world leaders, business titans, celebrity do-gooders and other publicity-and-hors-d&#8217;oeuvres hounds gathering in Davos-Klosters, Switzerland this week for the World Economic Forum annual meeting, now is as good a time as any to examine what this self-appointed group of world savers believes are the most pressing and/or dangerous problems at which to aim their impressive intellects. So here, for your reading pleasure and/or terror, is a highly edited summary and analysis of the WEF&#8217;s Global Risks 2013 report. It&#8217;s interesting reading, as much for what it tells us about the 1,000 experts whose opinions factored into its formation as it does about society&#8217;s impending perils. The good news—if such a phrase can be used to describe a report whose subject matter runs the gamut from &#8220;cyber attacks&#8221; through &#8220;rising religious fanaticism&#8221; all the way to &#8220;militarization of space&#8221;—is that only two threats appear on the WEF&#8217;s lists of top-five risks by likelihood and by impact. That is, according to the thousand or so experts from industry, academia, and civil society asked by the WEF to evaluate a set of 50 global risks—which Scientific American did a splendid job putting into graphic form—only two of those deemed most likely to cause the most damage are also deemed likely to happen in the near future. So, yes, the phrase &#8220;good news&#8221; is relative. &#8221;Bad news,&#8221; on the other hand, can be used without qualification, in that all the WEF&#8217;s most-likely risks are fairly terrifying, and none of the high-impact dangers seem especially far-fetched. But don&#8217;t let us influence your personal threat level; decide for yourself: Top 5 Most-Likely Risks 1. Severe Economic Disparity 2. Chronic Fiscal Imbalances 3. Rising Greenhouse Gas Emissions 4. Water Supply Crises 5. Mismanagement of Population Aging Top 5 Highest-Impact Risks 1. Major Systemic Financial Failure 2. Water Supply Crises 3. Chronic Fiscal Imbalances 4. Food Shortage Crises 5. Diffusion of Weapons of Mass Destruction (MORE: Four Keys to Decoding the World Economic Forum) As riveting as these lists of really bad things are—as well as Eurasia Group&#8217;s Top Risks 2013 and Ernst &#38; Young&#8217;s Top<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=67334&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Davos</primary_category><primary_category_link>http://business.time.com/category/davos/</primary_category_link>
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			<media:title type="html">garybelsky</media:title>
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		<title>Practice Makes Perfect: A New Way To Think About New Year&#8217;s Resolutions</title>
		<link>http://business.time.com/2013/01/02/practice-makes-perfect-a-new-way-to-think-about-new-years-resolutions/</link>
		<comments>http://business.time.com/2013/01/02/practice-makes-perfect-a-new-way-to-think-about-new-years-resolutions/#comments</comments>
		<pubDate>Wed, 02 Jan 2013 13:00:34 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Economics & Policy]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Psychology of Money]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=65185</guid>
		<description><![CDATA[By now you&#8217;ve doubtless heard or read more than a few stats about New Year&#8217;s Resolutions, in particular the surprisingly large number of people who make them  and the not-surprisingly, almost-as-large number of those folks who fail to keep them for longer than a few weeks or months. This discouraging fact holds true regardless of the kinds of self-improvements we undertake, whether they are health-related (three of the 10 most common resolutions) or financial in nature (the third most common type of New Year&#8217;s vow). But a recent study about dieting offers some new insights into a way we can permanently alter our behavior—and just maybe make this year&#8217;s resolutions stick.I&#8217;ve written previously about various ways we can &#8220;trick&#8221; ourselves into better resolution-keeping, including partnering-up, limiting our self-promises, removing small obstacles to success, anticipating our missteps and writing down our goals. All five can be of real value, but all essentially involve jumping into the deep end of the willpower pool. That&#8217;s how most people approach resolutions—or, for that matter, any behavior change. It turns out, though, that the best way to keep a resolution may be to practice the skills and thought-processes you&#8217;ll need to employ before you actually try. That&#8217;s the unavoidable conclusion of a study in the Journal of Consulting and Clinical Psychology, which showed that women who spent eight weeks practicing weight maintenance before starting their diets lost the same amount of weight as women who simply started dieting first. (MORE: The Top 5 Tech Biz Stories of 2012) More importantly, though, the so-called &#8220;Maintenance First&#8221; dieters were far more successful at keeping their weight off over the course of year, gaining only three pounds on average vs. seven pounds for &#8220;Weight Loss First&#8221; dieters. “Those eight weeks were like a practice run,&#8221; lead author Michaela Kiernan at the Stanford Prevention Research Center said when the study came out. In particular, the study was designed so that half the participants learned a set of what the researchers call &#8220;stability skills,&#8221; a toolkit of habits and behaviors &#8220;designed to optimize individuals&#8217; current<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=65185&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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	<primary_category>Psychology of Money</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/economics-policy/psychology-of-money/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/01/1500_82581128-1.jpg?w=240</featured_image>
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			<media:title type="html">garybelsky</media:title>
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		<title>Hockey&#8217;s Wealth Redistribution Problem: What&#8217;s Really Behind The NHL Lockout</title>
		<link>http://business.time.com/2012/12/19/hockeys-wealth-redistribution-problem-whats-really-behind-the-nhl-lockout/</link>
		<comments>http://business.time.com/2012/12/19/hockeys-wealth-redistribution-problem-whats-really-behind-the-nhl-lockout/#comments</comments>
		<pubDate>Wed, 19 Dec 2012 15:00:59 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Sports Business]]></category>
		<category><![CDATA[Forbes franchise values]]></category>
		<category><![CDATA[Gary Bettman]]></category>
		<category><![CDATA[hockey]]></category>
		<category><![CDATA[hockey business]]></category>
		<category><![CDATA[hockey economics]]></category>
		<category><![CDATA[lockout]]></category>
		<category><![CDATA[NHL]]></category>
		<category><![CDATA[NHL lockout]]></category>
		<category><![CDATA[Sports business]]></category>
		<category><![CDATA[sports economics]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=64388</guid>
		<description><![CDATA[You may not have noticed that the NHL hasn&#8217;t started its season yet, which is arguably Problem #1 for the wannabe major league: Ice hockey is fourth in a three-horse race of  pro team sports vying for the affection of casual U.S. fans. Problem #1A is the lockout of players that&#8217;s been in force since Sept. 15, which has resulted in the cancellation of nearly 550 regular-season games to date. But in the event you are following the inaction rinkside, don&#8217;t be fooled when league officials or anyone else claims that the main issue is greedy players. The real problem in hockey is not in the locker room, but in the owners&#8217; suites and commissioner&#8217;s office. The NHL would like you to believe that owners give too much money to players. That was management&#8217;s position almost a decade ago—the last time the league locked out its talent—when players were getting three-quarters of total revenues. After an entire season was voided, the NHL Players Association caved, agreeing to lower its members&#8217; share of revenue to 57%. Peace and harmony have ensued since, but now the owners want an even bigger piece of the pie, claiming financial hardship. Don&#8217;t believe them, not for a minute. First, as I&#8217;ve written about before, sports team accounting is misleading at best, given that club owners can claim to be losing money when a) the losses are on paper only; b) there are tax benefits from whatever losses happen to be real; and c) the value of their teams continue to rise. (MORE: America&#8217;s Gun Economy, By the Numbers) All this is true for NHL owners as a group. The average NHL team, according to Forbes, is worth $282 million, an 18% increase from one year ago. It&#8217;s true, certainly, that sky-high values for a handful of mega-successful teams (Toronto Maple Leafs, $1 billion; New York Rangers, $750 million; Montreal Canadiens, $575 million; Chicago Blackhawks, $350 million; Boston Bruins, $348 million) raise the overall average, while some  struggling teams (Carolina Hurricanes, $162 million; New York Islanders, $155 million;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=64388&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Sports Business</primary_category><primary_category_link>http://business.time.com/category/sports-business/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/12/157664118.jpg?w=240</featured_image>
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			<media:title type="html">Owners And Players Meet To Discuss NHL Lockout</media:title>
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			<media:title type="html">garybelsky</media:title>
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		<title>Jobs Guru Spills Secrets About Older Workers</title>
		<link>http://business.time.com/2012/11/19/jobs-guru-spills-secrets-about-older-workers/</link>
		<comments>http://business.time.com/2012/11/19/jobs-guru-spills-secrets-about-older-workers/#comments</comments>
		<pubDate>Mon, 19 Nov 2012 13:00:12 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=61305</guid>
		<description><![CDATA[Workers 55 and older are expected to be the fastest-growing segment of the U.S. labor force this decade, and it&#8217;s not solely because of Baby Boomers are graying. A greater-than-expected number of Americans are staying on the job longer or returning to work after a long absence—some because of Empty Nest Syndrome, others because of financial need and still others looking for meaning as they age. But whatever the impetus, navigating late-stage career paths presents particular challenges, ranging from outright ageism to a host of stereotypes about older workers.  Curiously, there aren&#8217;t many good books targeted at this crowd, but a strong one has just been published, written by the award-winning journalist Kerry Hannon. It&#8217;s called  AARP&#8217;s Great Jobs For Everyone 50+, and we asked Hannon about what she learned from her research into this employment demographic. What is the most surprising thing about older workers you learned while researching this book? &#8220;Senior entrepreneurship. I am struck again and again by the number of 50+ workers fed up with the job hunt, or looking for something that really kicks them out the door in the morning, who are starting or planning to start their own businesses.&#8221; What&#8217;s driving that trend? &#8220;Truth is, some of this emboldened entrepreneurism stems from being frustrated by the tight job market. The refrain I hear a lot is, &#8216;I doubt I can get a full-time job at an employer these days&#8230;&#8217; You know, ageism, the sense that there&#8217;s expiration date stamped on their forehead and so on. But a major driver is a genuine desire to try something new. Midstream career rocking is a reality. It might be a job loss that spurred it, but often is is a personal crisis: a health scare, losing someone close to you, too soon, too young. And many senior entrepreneurs not only want to be their own boss, they are looking at these as legacy businesses. (MORE: Is the Daily Deal Model Dying a Slow Death?) What&#8217;s a &#8220;legacy business?&#8221; &#8220;Where they work side-by-side with their twenty-something children. For the somewhat older folks<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=61305&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Careers &amp; Workplace</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/</primary_category_link>
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			<media:title type="html">garybelsky</media:title>
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		<title>A Simple Way to Get TV Viewers to Stop Skipping the Ads</title>
		<link>http://business.time.com/2012/11/14/a-simple-way-to-get-tv-viewers-to-stop-skipping-the-ads/</link>
		<comments>http://business.time.com/2012/11/14/a-simple-way-to-get-tv-viewers-to-stop-skipping-the-ads/#comments</comments>
		<pubDate>Wed, 14 Nov 2012 13:00:16 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Technology & Media]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=61006</guid>
		<description><![CDATA[It may be wishful thinking, given the source, but  a recent study of TV viewing habits offers some hope to networks and advertisers used to being on the losing end of any battle with new technology. It seems that there&#8217;s an unforeseen side effect when viewers watch TV while also using so-called &#8220;second screens&#8221; (i.e. smart phone, tablet or laptop): They&#8217;re less likely to fast-forward through commercials and more likely to respond to audio-centric ads. To be sure, the findings should be taken with a grain of salt, not only because the study (&#8220;Deconstructing the Multi-Screener&#8221;) is one of the first to examine TV viewing habits in this way but also because it was conducted by Latitude Research with/for Bravo Media. That&#8217;s Bravo as in Real Housewives and Top Chef. Which means the cable network has a strong interest in promoting any research that suggests that a) there are ways to get people to skip fewer ads; and b) second-screen usage somehow makes certain kinds of ads more compelling. That said, the well-regarded Latitude Research took a serious quantitative and qualitative approach to the project, surveying more than 1,000 people about their viewing habits while also observing more than 100 actual human beings watching TV in a variety of time-shifting-plus-second-screen situations, i.e. DVRs plus various combinations of smart phones, tablets, and laptops. (MORE: The Winners and Losers of the New Television Landscape) More important, the findings pass the smell test. Some 73% of survey participants said that using a second screen while watching a program increased the likelihood that they would refrain from ad-skipping. This makes intuitive sense. If you&#8217;re watching a recording of your favorite program, a commercial break presents any number of opportunities for action, only one of which is to fast-forward through to the next act or segment. Among those who don&#8217;t head to the kitchen or bathroom, a growing number will use the break to answer emails, conduct show-related research, or perhaps see what other fans think about what they just watched. Advertisers, in fact, might pray that viewers<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=61006&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Technology &amp; Media</primary_category><primary_category_link>http://business.time.com/category/technology-media/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2011/12/3921-000048-e13243047315011.jpg?w=240</featured_image>
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			<media:title type="html">Remote Control and Television</media:title>
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			<media:title type="html">garybelsky</media:title>
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		<title>Best and Worst Months To Be Born If You Want To Be the Boss</title>
		<link>http://business.time.com/2012/10/26/best-and-worst-months-to-be-born-if-you-want-to-be-the-boss/</link>
		<comments>http://business.time.com/2012/10/26/best-and-worst-months-to-be-born-if-you-want-to-be-the-boss/#comments</comments>
		<pubDate>Fri, 26 Oct 2012 11:59:19 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Management & Leadership]]></category>
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=59119</guid>
		<description><![CDATA[There&#8217;s been much research and writing over the years about the positive and negative affects of birth month on various aspects of life, few as well known as Malcolm Gladwell&#8216;s 2008 bestseller Outliers: The Story of Success. Now comes word that having been born at certain times of the year might help or harm your chances of becoming a boss. (Which means, once again, that it&#8217;s all your parents fault if you fail!)First things first, for those unfamiliar with what is variously called the &#8220;relative-age effect,&#8221; &#8220;birth-date effect,&#8221; &#8220;month of birth bias&#8221; or &#8220;season of birth bias&#8221;: The basic idea is that kids born just before the cutoff date for an academic year or sports age division are at a disadvantage because they can be nearly a full year younger than some of the other children in their group. As a result of being intellectually or physically less mature, the theory goes, such kids are less likely to excel from the outset, which makes it less likely that they&#8217;ll get the particular kind of attention and feedback that tends to flow towards high achievers. Similarly, they&#8217;re less likely to be chosen for leadership roles, such as speaking at assemblies or captaining a team. That brings us to a new study published in the December issue of the journal Economic Letters, co-authored by Qianqian Du of Shanghai Jiao Tang University in China, Huasheng Gao of Nanyang Technological University in Singapore, and Maurice D. Levi from the University of British Columbia&#8217;s Sauder School of Business. Knowing that most academic year cut-off dates fall between September 1 and January 1—thus making kids born in the summer months most likely to be the youngest in their classes—the three researchers theorized that June and July babies would be less likely to grow up to become corporate CEOs, since those roles reflect a long journey of competition and achievement, which should be affected by the relative-age effect if it truly exists. (Outcomes for kids born in August, they speculated, would be affected by the decision of some parents<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=59119&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Career Strategies</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/career-strategies/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/10/119341206.jpg?w=240</featured_image>
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			<media:title type="html">image: Mitt Romney as Chief Executive of Bain Capital, Nov. 10, 1993.</media:title>
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			<media:title type="html">garybelsky</media:title>
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		<title>Attention Employers: Don&#8217;t Sleep On Workers&#8217; Insomnia</title>
		<link>http://business.time.com/2012/10/10/attention-employers-dont-sleep-on-workers-insomnia/</link>
		<comments>http://business.time.com/2012/10/10/attention-employers-dont-sleep-on-workers-insomnia/#comments</comments>
		<pubDate>Wed, 10 Oct 2012 12:00:41 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Ideas for Business]]></category>
		<category><![CDATA[Management & Leadership]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[business of sleep]]></category>
		<category><![CDATA[employee wellness]]></category>
		<category><![CDATA[health and wellness]]></category>
		<category><![CDATA[HR departments]]></category>
		<category><![CDATA[insomnia]]></category>
		<category><![CDATA[NASP]]></category>
		<category><![CDATA[National Association of Safety Professionals]]></category>
		<category><![CDATA[occupational safety]]></category>
		<category><![CDATA[OSHA]]></category>
		<category><![CDATA[sleep]]></category>
		<category><![CDATA[sleep clinics]]></category>
		<category><![CDATA[sleep coaches]]></category>
		<category><![CDATA[sleep disorders]]></category>
		<category><![CDATA[sleep industry]]></category>
		<category><![CDATA[sleeplessness]]></category>
		<category><![CDATA[workplace accidents]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=51165</guid>
		<description><![CDATA[Add employee sleeping habits to the list of problems that workplace managers will have to start worrying a little more about: According to a study released earlier this month, insomnia-related workplace accidents happen more often and cost more than anyone had imagined.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=51165&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>5</slash:comments>
	<primary_category>Ideas for Business</primary_category><primary_category_link>http://business.time.com/category/ideas-for-business/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/10/71930144.jpg?w=240</featured_image>
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			<media:title type="html">71930144</media:title>
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			<media:title type="html">garybelsky</media:title>
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		<title>Why Prices for Sports Teams May Stop Skyrocketing</title>
		<link>http://business.time.com/2012/10/05/why-prices-for-sports-teams-may-stop-skyrocketing/</link>
		<comments>http://business.time.com/2012/10/05/why-prices-for-sports-teams-may-stop-skyrocketing/#comments</comments>
		<pubDate>Fri, 05 Oct 2012 12:00:51 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Sports Business]]></category>
		<category><![CDATA[Forbes 400]]></category>
		<category><![CDATA[franchise values]]></category>
		<category><![CDATA[MLB]]></category>
		<category><![CDATA[NBA]]></category>
		<category><![CDATA[NFL]]></category>
		<category><![CDATA[NHL]]></category>
		<category><![CDATA[sports]]></category>
		<category><![CDATA[sports broadcast rights]]></category>
		<category><![CDATA[Sports business]]></category>
		<category><![CDATA[Sports marketing]]></category>
		<category><![CDATA[sports team owners]]></category>
		<category><![CDATA[sports teams]]></category>
		<category><![CDATA[team values]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=50824</guid>
		<description><![CDATA[All things sports-related have risen in value over the past decades—teams, stadiums, broadcast rights, salaries, ticket prices, merchandise sales, sponsorships and ad rates. But we might be reaching a market top on sports team values.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=50824&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>7</slash:comments>
	<primary_category>Sports Business</primary_category><primary_category_link>http://business.time.com/category/sports-business/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/10/153223486.jpg?w=240</featured_image>
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			<media:title type="html">San Francisco Giants v Los Angeles Dodgers</media:title>
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			<media:title type="html">garybelsky</media:title>
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		<item>
		<title>10 Best &amp; Worst Sports-Team Relocations in History</title>
		<link>http://business.time.com/2012/09/24/10-best-worst-sports-team-relocations-in-history/</link>
		<comments>http://business.time.com/2012/09/24/10-best-worst-sports-team-relocations-in-history/#comments</comments>
		<pubDate>Mon, 24 Sep 2012 12:00:32 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Sports Business]]></category>
		<category><![CDATA[Anshutz Entertainment Group]]></category>
		<category><![CDATA[Barons]]></category>
		<category><![CDATA[Braves]]></category>
		<category><![CDATA[Browns]]></category>
		<category><![CDATA[Cardinals]]></category>
		<category><![CDATA[Clippers]]></category>
		<category><![CDATA[Coyotes]]></category>
		<category><![CDATA[Devils]]></category>
		<category><![CDATA[football in LA]]></category>
		<category><![CDATA[franchise relocations]]></category>
		<category><![CDATA[Kings]]></category>
		<category><![CDATA[LA Stadium]]></category>
		<category><![CDATA[Lakers]]></category>
		<category><![CDATA[MLB]]></category>
		<category><![CDATA[NBA]]></category>
		<category><![CDATA[NFL]]></category>
		<category><![CDATA[NHL]]></category>
		<category><![CDATA[Orioles]]></category>
		<category><![CDATA[Pro sports relocations]]></category>
		<category><![CDATA[Ravens]]></category>
		<category><![CDATA[sports franchises]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=48963</guid>
		<description><![CDATA[There&#8217;s no shortage of speculation about which NFL team might relocate to Los Angeles, despite recent news that Anschutz Entertainment Group, a leading force in the development of a downtown stadium, has been put up for sale by its billionaire owner. But for all the excitement in the nation&#8217;s second-largest media market about the return of the pro game after nearly two decades, history suggests that not all franchise moves work out quite as planned. Exhibits A-J: The five best and five worst pro franchise relos.  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=48963&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/09/24/10-best-worst-sports-team-relocations-in-history/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
	<primary_category>Sports Business</primary_category><primary_category_link>http://business.time.com/category/sports-business/</primary_category_link>
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			<media:title type="html">garybelsky</media:title>
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		<title>New Public-Private Partnerships: The President&#8217;s Stealth Plan To Create Jobs?</title>
		<link>http://business.time.com/2012/09/12/new-public-private-partnership-the-presidents-stealth-plan-to-create-jobs/</link>
		<comments>http://business.time.com/2012/09/12/new-public-private-partnership-the-presidents-stealth-plan-to-create-jobs/#comments</comments>
		<pubDate>Wed, 12 Sep 2012 12:00:49 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Ideas for Business]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Small Business]]></category>
		<category><![CDATA[Start-Ups]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[employment]]></category>
		<category><![CDATA[entrepreneurship]]></category>
		<category><![CDATA[FFRDC]]></category>
		<category><![CDATA[government research]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[job creation]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[private equity]]></category>
		<category><![CDATA[start-ups]]></category>
		<category><![CDATA[technology transfer]]></category>
		<category><![CDATA[Thinking Big]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=48863</guid>
		<description><![CDATA[Two recently released documents give an inside look at the President's efforts to create jobs.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=48863&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/09/12/new-public-private-partnership-the-presidents-stealth-plan-to-create-jobs/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	<primary_category>Government</primary_category><primary_category_link>http://business.time.com/category/economy-policy/government-economy-policy/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/09/151754029.jpg?w=240</featured_image>
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			<media:title type="html">President Obama campaigns in Florida</media:title>
		</media:content>

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			<media:title type="html">garybelsky</media:title>
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		<title>Top Reasons Why Americans Stay At Their Jobs (And What It Means For The Presidential Campaign)</title>
		<link>http://business.time.com/2012/08/31/top-reasons-why-americans-stay-at-their-jobs-and-what-it-means-for-the-presidential-campaign/</link>
		<comments>http://business.time.com/2012/08/31/top-reasons-why-americans-stay-at-their-jobs-and-what-it-means-for-the-presidential-campaign/#comments</comments>
		<pubDate>Fri, 31 Aug 2012 15:00:20 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Economy & Policy]]></category>
		<category><![CDATA[Ideas for Business]]></category>
		<category><![CDATA[benefits]]></category>
		<category><![CDATA[co-workers]]></category>
		<category><![CDATA[economic]]></category>
		<category><![CDATA[employment]]></category>
		<category><![CDATA[good bosses]]></category>
		<category><![CDATA[good managers]]></category>
		<category><![CDATA[HR]]></category>
		<category><![CDATA[human resources]]></category>
		<category><![CDATA[intent to leave]]></category>
		<category><![CDATA[intent to stay]]></category>
		<category><![CDATA[job retention]]></category>
		<category><![CDATA[job satisfaction]]></category>
		<category><![CDATA[pay]]></category>
		<category><![CDATA[salary]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[work-life balance]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=47992</guid>
		<description><![CDATA[What&#8217;s the No. 1 reason people continue working for their employer? Is it the pay? The benefits? A lack of better options? Those are obvious answers, especially given today&#8217;s unemployment numbers and sluggish economy. But they&#8217;re not  the correct ones. The top reasons Americans give for not leaving their current job are  &#8221;I enjoy the work I do&#8221; and it &#8220;fits well with the other areas of  my life.&#8221; That&#8217;s according to a new survey commissioned by the American Psychological Association, which contains a number of revealing insights into employee motivation that ought to be of interest to corporate managers and governmental policy makers.The APA&#8217;s &#8220;Workforce Retention Survey&#8221; was conducted by Harris Interactive in early August. Some 1,240 full- and part-time workers, age 18 or older, were asked to evaluate nine common reasons for staying with a current employer. Here&#8217;s how their answers ranked, as measured by the percentage of participants who said they &#8220;agreed&#8221; or &#8220;strongly agreed&#8221; with a statement: I enjoy the work I do (67%) My job fits well with the other areas of my life (67%) The benefits (60%) The pay (59%)  I feel connected to the organization (56%) My co-workers (51%) My job gives me the opportunity to make a difference (51%) My manager (40%) There aren&#8217;t any other job opportunities for me (39%) (MORE: Recognize Employees Who Stand Up) Surveys can only tell you so much, of course. But as much as anything, these top-line results suggest that despite all the media coverage about the U.S. economy, most employed Americans feel confident enough about their work situation to value the fulfillment they get from their job as much as—and sometimes more than— the financial rewards they receive or their prospects for alternative employment. That might be of particular interest to Mitt Romney&#8217;s presidential campaign, given its official&#8217;s insistence that what their candidate really wants to talk about is the economy. Voters, especially unemployed voters, certainly worry about job creation and GDP growth, but perhaps not the extent that the Republicans seem to believe. Mostly, people care about being happy and enjoying their lives,<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=47992&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/08/31/top-reasons-why-americans-stay-at-their-jobs-and-what-it-means-for-the-presidential-campaign/feed/</wfw:commentRss>
		<slash:comments>11</slash:comments>
	<primary_category>Careers &amp; Workplace</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/08/sb10062615l-001.jpg?w=240</featured_image>
		<media:thumbnail url="http://timebusinessblog.files.wordpress.com/2012/08/sb10062615l-001.jpg?w=240" />
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			<media:title type="html">desk office</media:title>
		</media:content>

		<media:content url="http://1.gravatar.com/avatar/a30699adf88a56f38defec3d45222e08?s=96&#38;d=http%3A%2F%2F1.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">garybelsky</media:title>
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		<title>Six Reasons Why &#8220;Gamification&#8221; Will Rule the Business World</title>
		<link>http://business.time.com/2012/08/28/six-reasons-why-gamification-will-rule-the-business-world/</link>
		<comments>http://business.time.com/2012/08/28/six-reasons-why-gamification-will-rule-the-business-world/#comments</comments>
		<pubDate>Tue, 28 Aug 2012 12:00:10 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Curious Capitalist]]></category>
		<category><![CDATA[Ideas for Business]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[business buzzwords]]></category>
		<category><![CDATA[business strategies]]></category>
		<category><![CDATA[businessspeak]]></category>
		<category><![CDATA[customer engagement]]></category>
		<category><![CDATA[customer loyalty]]></category>
		<category><![CDATA[employee engagement]]></category>
		<category><![CDATA[employee motivation]]></category>
		<category><![CDATA[employee training]]></category>
		<category><![CDATA[fantasy sports]]></category>
		<category><![CDATA[gamification]]></category>
		<category><![CDATA[gamify]]></category>
		<category><![CDATA[management strategies]]></category>
		<category><![CDATA[UI]]></category>
		<category><![CDATA[UX]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=47624</guid>
		<description><![CDATA[The term, which has been around for a few years, refers to any number of ways in which businesses try to engage customers and/or employees using the core principles of, well,  games. <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=47624&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/08/28/six-reasons-why-gamification-will-rule-the-business-world/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
	<primary_category>Ideas for Business</primary_category><primary_category_link>http://business.time.com/category/ideas-for-business/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/08/picture-1.png?w=240</featured_image>
		<media:thumbnail url="http://timebusinessblog.files.wordpress.com/2012/08/picture-1.png?w=240" />
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			<media:title type="html">Picture 1</media:title>
		</media:content>

		<media:content url="http://1.gravatar.com/avatar/a30699adf88a56f38defec3d45222e08?s=96&#38;d=http%3A%2F%2F1.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">garybelsky</media:title>
		</media:content>
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		<item>
		<title>Don&#8217;t Nap On This: Why The Business of Sleep Will Keep Booming</title>
		<link>http://business.time.com/2012/08/15/dont-nap-on-this-why-the-business-of-sleep-will-keep-booming/</link>
		<comments>http://business.time.com/2012/08/15/dont-nap-on-this-why-the-business-of-sleep-will-keep-booming/#comments</comments>
		<pubDate>Wed, 15 Aug 2012 14:00:07 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Health Care]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Ideas for Business]]></category>
		<category><![CDATA[bedding]]></category>
		<category><![CDATA[business of sleep]]></category>
		<category><![CDATA[entrepreneurs]]></category>
		<category><![CDATA[insomnia]]></category>
		<category><![CDATA[mattresses]]></category>
		<category><![CDATA[sleep]]></category>
		<category><![CDATA[sleep clinics]]></category>
		<category><![CDATA[sleep coaches]]></category>
		<category><![CDATA[sleep disorders]]></category>
		<category><![CDATA[sleep economy]]></category>
		<category><![CDATA[sleep industry]]></category>
		<category><![CDATA[sleeplessness]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=46586</guid>
		<description><![CDATA[One day, when smog-free cars run on sea water and every loophole in the tax code has been closed, the entirety of humanity will be in such a glorious state of physical fitness and spiritual bliss that falling asleep will be as simple as  laying one's head on a pillow. Until that day, however, the business of helping people get a good night's rest is likely to remain what it is: A fast-growing sector in an otherwise slow-moving economy.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=46586&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/08/15/dont-nap-on-this-why-the-business-of-sleep-will-keep-booming/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
	<primary_category>Ideas for Business</primary_category><primary_category_link>http://business.time.com/category/ideas-for-business/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/08/149282639.jpg?w=240</featured_image>
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			<media:title type="html">149282639</media:title>
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		<media:content url="http://1.gravatar.com/avatar/a30699adf88a56f38defec3d45222e08?s=96&#38;d=http%3A%2F%2F1.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">garybelsky</media:title>
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		<title>Start-Ups Create Jobs, Right? So Let&#8217;s Stop Praising Small Businesses — and Fund More</title>
		<link>http://business.time.com/2012/08/06/start-ups-create-jobs-right-so-why-arent-we-funding-more-small-businesses/</link>
		<comments>http://business.time.com/2012/08/06/start-ups-create-jobs-right-so-why-arent-we-funding-more-small-businesses/#comments</comments>
		<pubDate>Mon, 06 Aug 2012 17:17:42 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Small Business]]></category>
		<category><![CDATA[chamber of commerce]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[SBA]]></category>
		<category><![CDATA[small business administration office of advocacy]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=45669</guid>
		<description><![CDATA[By pretty much any measure, lending to American small businesses is weak. Most recently, small business borrowing dropped 5% from May to June, according to the research firm PayNet, which tracks such lending. And while May&#8217;s borrowing had encouragingly reversed a four-month decline, June&#8217;s numbers were actually in sync with a broader trend.According to the recent annual report from U.S. Small Business Administration Office of Advocacy, a year-0ver-year comparison of outstanding loans to the nation&#8217;s small business revealed a decrease of almost 7%, for the 12 months that ended in June 2011. At that point,  banks had $606.9 billion in outstanding loans to the U.S. small businesses, compared with $652.2 billion for the same 12-month period ending in June 2010.  That&#8217;s not good news for anybody, except maybe the Romney campaign. But understanding why lending to small firms is down—and how important small firms are to the economy in general and employment in particular—is not simple. Because for as much as politicians glorify entrepreneurs, it&#8217;s unclear how crucial they are  when it comes to job creation. For that matter, it&#8217;s a little unclear what we&#8217;re talking about when we talk about small business. Because one entrepreneur&#8217;s small business is another&#8217;s gigantic competitor. According to the SBA, for example, a small business is defined in one of the following ways, depending on industry: Annual revenues of $750,000 or less for most agricultural industries $33.5 million or less for heavy construction industries $14 million or less for specialty trade contractors 500 employees of fewer for most manufacturing and mining industries 100 employees or fewer  for wholesale trade industries $7 million or less for most retail and service industries (MORE: Unemployment Rate Ticks Up to 8.3%—But There&#8217;s Good News Too?) That&#8217;s a wide range of range of definitions, especially given the way politicians and Chamber of Commerce types like portray entrepreneurs as an urban version of the family farmer. In fact, even the SBA&#8217;s small-business loan data is based on a a sort of proxy measure. The agency defines a loan to small business as<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=45669&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/08/06/start-ups-create-jobs-right-so-why-arent-we-funding-more-small-businesses/feed/</wfw:commentRss>
		<slash:comments>11</slash:comments>
	<primary_category>Entrepreneurship</primary_category><primary_category_link>http://business.time.com/category/small-business/entrepreneurship-small-business/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/08/145671149.jpg?w=240</featured_image>
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			<media:title type="html">Hand holding American currency</media:title>
		</media:content>

		<media:content url="http://1.gravatar.com/avatar/a30699adf88a56f38defec3d45222e08?s=96&#38;d=http%3A%2F%2F1.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">garybelsky</media:title>
		</media:content>
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		<title>Country Half Full: An Optimistic Take On Our National Debt Nightmare</title>
		<link>http://business.time.com/2012/07/24/country-half-full-an-optimistic-take-on-our-national-debt-nightmare/</link>
		<comments>http://business.time.com/2012/07/24/country-half-full-an-optimistic-take-on-our-national-debt-nightmare/#comments</comments>
		<pubDate>Tue, 24 Jul 2012 09:45:11 +0000</pubDate>
		<dc:creator>Gary Belsky</dc:creator>
				<category><![CDATA[Curious Capitalist]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[World Finance]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[inclusive wealth report]]></category>
		<category><![CDATA[international human dimensions programm]]></category>
		<category><![CDATA[national debt]]></category>
		<category><![CDATA[united nations]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=43648</guid>
		<description><![CDATA[It&#8217;s rare that a United Nations report can engender optimism about anything, let alone America&#8217;s finances. But a recently issued (and mostly overlooked) study from the global body&#8217;s International Human Dimensions Program might just turn the trick, at least when it comes to U.S. federal indebtedness. It turns out that, at least from one angle, we&#8217;re not in as deep of a hole as we think! Blandly labeled the Inclusive Wealth Report 2012, this impressive research project, which is super fun to explore, is the first serious attempt to measure the total wealth of the planet&#8217;s richest countries. Not income, mind you, which is what Gross Domestic Product (GDP) refers to, but rather total wealth, i.e., the comprehensive value of the physical assets (buildings + roads+ equipment + railroad tracks + etc.), human capital (population + education + skills + earning potential + life expectancy) and natural resources (land+ trees + minerals + fossil fuels). As you , the winner, by a long shot, is the United States, with an inclusive wealth figure of roughly $118 trillion (in 2000 dollars). That&#8217;s more than double the total of  the next wealthiest country, Japan ($55 trillion), and almost six times the cumulative value of all the tea plus everything else in China ($20 trillion). Japan, to give credit where it&#8217;s due, tops the ranking of per capita inclusive wealth, at better than $435,000 per person. The U.S. was No. 2, at a little more than $386,000. So all Americans are pretty rich, by at least one measure. Just don&#8217;t expect to borrow against it. But more on that later. For now, let&#8217;s focus on this potentially cheering reality: The value of all measurable U.S. assets is more than seven times the total of the federal debt, which is fast approaching $16 trillion. When you look at our collective national borrowing in this (admittedly refracted) light, our federal debt picture suddenly starts to look a little  brighter. That is, if we use the aforementioned amounts to calculate our country&#8217;s debt/equity ratio—a classic measure of financial<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=43648&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	<primary_category>Economy</primary_category><primary_category_link>http://business.time.com/category/economy-policy/economy/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/07/85469743.jpg?w=240</featured_image>
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			<media:title type="html">New York Stock Exchange</media:title>
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			<media:title type="html">garybelsky</media:title>
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