This month’s relevant workplace neologism from www.wordspy.com:
rat-race equilibrium: workplace balance in which an employee’s willingness to work long hours for possible promotion is equal to an employer’s belief that working long hours merits promotion.

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Trade Me announces leadership transition

Trade Me CEO Anders Skoe has announced he will step down at the end of September. He will be replaced by Kul Singh Kargil, previously Real Estate Australia Group’s chief commercial and marketing officer.

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