Sagicor Life Acquiring PEMCO’s Life Insurance Business

Sagicor Life Insurance Co. has an agreement to buy the policies and clients of PEMCO Life Insurance Co. from its parent company in Washington State as the latter firm exists the life insurance market.

Tampa-based Sagicor is buying about 10,000 term and whole life policies, along with about 7,500 clients, from PEMCO Mutual Insurance Co., a Washington State-based company.

via Sagicor Life acquiring PEMCO’s life insurance policies, clients | Insurance & Financial Advisor I IFAwebnews.com.

Pressed and Stressed – The New (AB)Normal

Worker stress reflects not only heavier demands in recent years, but the fears and difficulties of the Great Recession that preceded the recovery as well as ongoing economic uncertainty.  In effect, employees have been under sometimes-severe strain for roughly four years.  Bigger workloads might be easier to shoulder if employees were getting raises, as well.  But by and large they aren’t. In the Workforce Management-Workplace Options survey, just 30 percent of those employees reporting an increase in job duties said they got a pay increase as well.   And government data show that inflation-adjusted average hourly earnings fell 1.6 percent from October 2010 to October 2011.Still, some observers say workers should get used to the present business as usual.  Given doubts about the government’s ability to reduce unemployment rates anytime soon, employers may be able to make always-on “superjobs” the standard rather than the exception. Companies have seen a spurt in productivity, but it may not be a lasting one. Wayne Hochwarter, a management professor at Florida State University in Tallahassee, surveyed more than 700 full-time workers in 2011 and found that employees in a demanding work environment said their job performance had risen.  But their anxiety levels at work and home also rose, while their job satisfaction fell.  Especially when increased demands come with factors like layoff fears and poor communication by the boss and company, heightened worker productivity is likely to be short-lived, Hochwarter says. “The toll on the human system leads to deteriorating performance and effort,” he says. “The person is left with an empty tank.”

via Today’s Workforce—Pressed and Stressed – Featured Article – Workforce.

The hamsters are dying.

Seth’s Blog: The chance of a lifetime

The thing is, we still live in a world that’s filled with opportunity. In fact, we have more than an opportunity — we have an obligation. An obligation to spend our time doing great things. To find ideas that matter and to share them. To push ourselves and the people around us to demonstrate gratitude, insight, and inspiration. To take risks and to make the world better by being amazing.

via Seth’s Blog: The chance of a lifetime.

Networking for Survival – HBR

Without the network, you don’t get new ideas into your organization, you don’t see trends and issues that affect you and your customers, you don’t grow and develop your people with new challenges and opportunities, you aren’t attractive for young talent, you don’t learn about new technologies or business models, you don’t create new markets and you risk deluding yourself with your own ideas. You don’t increase your own value and advance your own career. Without the network you stagnate, you become stale. With the network you grow, provide meaningful and valuable solutions to your customers and not just survive, but thrive.

via Networking for Survival – Deborah Mills-Scofield – Harvard Business Review.

Great post and well worth reading.  One comment caught my eye,

When new forms of communication emerge, don’t just look at how to improve what you’re doing already, but at new ways of doing.

I immediately thought of social media as a new way of doing.  My transition from a dumb phone to a smartphone is a new way of doing (for me).  One of my new projects for the New Year is to create a Google+ business page.  Is this an “improvement”?  Not really.  It’s just a new way of doing.

Over 700,000 Android Devices Activated Daily

Google’s Andy Rubin: Over 700,000 Android devices activated daily – latimes.com.

Android-powered devices are the No.1 target for cyber crooks in the mobile phone arena. Popular bill-paying methods and apps on smartphones are expected to be major targets.

via Smartphones offer easy access to malware purveyors | Herald Sun.

OK. I’ll admit to writing somewhat smugly about not owning or using a smartphone in a post two weeks ago.  I’m glad I didn’t make a comment about never owning or using a smartphone because I am now one of the 700,000 Androids that get activated daily.

Resistance is futile.  But you still have to be smart about how you use your smartphone.  See the second link above.

Change This – The Promise of Entrepreneurship

We are made to believe that when it comes to business success, bigger is always better. In our super-sized, consumption-oriented culture, not even small business is exempt from the pressure to grow for growth’s sake. We fixate on top-line revenue growth and increasing numbers of employees and locations. We pepper entrepreneurs with questions such as, ‘What are your plans for expansion? What’s next? How many cities will you go to?’ instead of asking what their goals are or why they started their business in the first place. When talk about growth we focus on speed, not sustainability. When we talk about success we focus on size, not satisfaction.

via Change This – The Promise of Entrepreneurship.

From the Change This website:

Adelaide Lancaster is the co-founder of In Good Company, a community, business learning center and coworking space for women entrepreneurs in Manhattan. She is a small business expert and has advised thousands of women entrepreneurs on how to create businesses that meet their needs and keep them satisfied over time. She earned two graduate degrees in psychology from Columbia University and her undergraduate degree from Colgate University. ingoodcompany.com

GYL here – this manifesto really hit home for me.  I am 5.5 years down the Path and I would have to say the effort and sacrifice is worth it.  So if you’re on your Path or if you are not and considering getting on your own Path, you ought to read this.  The link takes you to the Change This website.  Once there you can download a PDF of the manifesto.