Happy And Succeeding In The Future Of Work
Interviewing In A Recession Will Be Tougher—Here Are Questions To Prepare For And What You Should Ask
It will be harder to get a new job. Record-high inflation, interest rates and costs, a likely recession and other economic and geopolitical matters led many companies to lay off workers, enact hiring freezes and rescind job offers. In this environment, pace yourself, as you might be in for a drawn-out interview process. Hiring, for many businesses, will seem like a luxury. This mindset will make human resources and hiring managers closely scrutinize each candidate and hold them up to the highest standards. You will need to prepare for tough questions designed to weed out people. Here are a few questions HR loves to ask and how to effectively answer them to help get you through the hiring process with flying colors.
Celsius Becomes Third Major Crypto Firm In Two Weeks To File For Bankruptcy
Crypto lender Celsius Network has initiated bankruptcy proceedings, the company said Wednesday night, marking the third high-profile crypto firm to do so in the last two weeks. The New Jersey-based firm filed bankruptcy under Chapter 11 with the Southern District of New York, stating it has $167 million in assets on hand to fund operations during restructuring.
SEC Letter To Musk Questions Tweet About Twitter Acquisition
The Securities and Exchange Commission asked billionaire Elon Musk for more information on a tweet related to his $44 billion acquisition of Twitter that he’s recently tried to call off, a new regulatory filing Thursday shows.
Manhattan Rents Cross $5,000 Threshold For First Time
The average price of a rental apartment in Manhattan surged above $5,000 in June for the first time, hitting $5,058, according to a report from brokerage firm Douglas Elliman out Thursday. Why it matters: Manhattan is ultra-expensive — typically an outlier — but in this case it’s on-trend. Rents are up across the country, as soaring mortgage rates keep potential homebuyers stuck in the rental market.
Workers Could See Average Raises Of 4.1% In 2023—The Largest Pay Bump Since The Great Recession
In another sign of a tight labor market, U.S. companies plan to give workers their largest pay bump in 15 years in 2023, with an average hike of 4.1%. That’s the finding from a new survey by Willis Towers Watson, a compensation consulting firm, which polled 1,430 employers in April and May. This year also saw a larger than usual average pay increase for workers of 4%; the raises are the highest since the Great Recession in 2008, when workers got an average pay bump of 3.5%.
Free Pizza Didn’t Get Employees Back to the Office; However, Air Conditioning Will
When Gregory Sarafan, a 33-year-old litigator, began commuting from Jersey City, N.J., to his job in Manhattan’s Tribeca neighborhood in May, he wore a go well with and tie. He would additionally depart half-hour sooner than crucial so he would have time to chill off in his non-public workplace earlier than heading to court docket one block away.
93% Of Employers Want To See Soft Skills On Your Resume—Here Are 8 Of The Most In-Demand Ones
When applying for a job, there are many ways to optimize your resume. You can check the listing to see where the employer’s priorities lie in terms of experience, and make sure to highlight what’s most important to them, for example. You can include any major achievements like exceeding sales goals. And you can include a link to your LinkedIn profile.
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Jack Kelly is available to discuss a broad range of topics, including, but not limited to: the job market, the state of recruiting, trending news stories and career advice. He has appeared on CNBC, MSNBC, NBC, FOX, CBS, BBC and NPR. Jack has been quoted in the the Wall Street Journal, Washington Post, Economist, INC., New York Post and more.
About Jack Kelly
Jack Kelly is the CEO, founder, and executive recruiter at one of the oldest and largest global search firms in his area of expertise. He has personally placed thousands of professionals with top-tier companies over the last 20-plus years. Jack is passionate about advocating for job seekers. In doing so, he founded a start-up company, WeCruitr, at the beginning of the Covid-19 pandemic. The mission of WeCruitr is to help people in need and make the job search more humane and enjoyable. As a proponent of career growth, Jack shares his insider interviewing tips and career advancement secrets as a Senior Contributor for Forbes. He also covers timely topics related to corporations, high-profile people, Wall Street, politics and other important matters. The pieces offer insight into the news and how it may impact your career. Jack is the author of Happy and Succeeding in Your Job Search, as well as the host of Happy And Succeeding In The Future Of Work and cohost of the Blind Ambition podcast.