Happy And Succeeding In The Future Of Work
‘Rage Applying’ To Jobs Is The Newest TikTok Trend
Feeling overlooked, unappreciated, passed over for a promotion and unfairly compensated has inspired a new career trend on TikTok. “Rage applying” to jobs is being touted on the social media platform as a great way to get even with your mean boss by aggressively shotgunning your rèsumè to several companies to find a new job and hefty pay increase quickly.
The Workers Who Escaped Layoffs Are Burdened With More Work And Face Fear And Anxiety
The workers who luckily avoided being laid off in 2022 and the first week of the new year face serious issues. Although their fate might be more favorable than those given the ax, the remaining employees won’t have it easy. They’ll confront a work environment much like Chinese water torture—the century-old practice of dripping water inconsistently on the forehead of the victim, slowly driving them mad as they don’t know when it will ever end.
Goldman Sachs Is Cutting Up To 3,200 Employees This Week As Wall Street Girds For Tough Year
Goldman Sachs is laying off fewer employees than feared, but the cut is still a deep one. The global investment bank is letting go of as many as 3,200 employees starting Wednesday, according to a person with knowledge of the firm’s plans. That amounts to 6.5% of the 49,100 employees Goldman had in October, which is below the 8% reported last month as the upper end of possible cuts.
Netflix, Tesla Post Wide Salary Ranges Under New California Pay Law
A Tesla Inc. software engineer could earn anywhere from $83,200 to $417,600. Netflix Inc. has one job posting advertising a pay range of $90,000 to $900,000 and another at $50,000 to $600,000. Under a new California law that took effect this week, all companies with 15 or more employees advertising jobs based in the state are required to post an estimate for what the employer “reasonably expects to pay” with the posting. Much like when New York City’s law went into effect last year, some companies are taking a liberal interpretation of the new regulations with notably wide pay ranges.
What Is A Richcession? Reporter Hints At New Type Of Recession In 2023
Will the U.S. economy enter a “richcession” in 2023? And how bad will it be? These are not the questions economists have been asking because they’ve been too busy worrying about a recession. But this time, any downturn in the economy could really be different. It could end up being a richcession, the trending term coined by Wall Street Journal reporter Justin Lahart earlier this week to describe a recession that disproportionately hurts rich people.
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NY Attorney General Sues Celsius Co-Founder For Fraud
N.Y. Attorney General James believes that the Celsius co-founder and former CEO gave false statements to his customers. Mashinsky allegedly lied about the company’s financial situation and purposely concealed information from his customers. Consequently, Celsius investors lost millions of dollars while the company took “risky investments” with their funds. In the meantime, Mashinsky advertised the platform as being “safer than a bank.”
Crypto Firms Poised To Spend More On Compliance
Crypto shops weary from last year’s sequence of unfortunate events likely have strenuous regulatory calisthenics waiting for them, and executives see compliance costs rising across the board.
Mark Cuban: Wash Trading And The Crypto Crisis
Billionaire Mark Cuban recently shared his thoughts about what could possibly cause the next crypto implosion: wash trading. During a recent interview with TheStreet, Cuban – who also is a well-known cryptocurrency investor – didn’t hold back in saying that 2023 will also be a year marked by scandals and frauds that will ravage the digital currency industry.
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Media Inquiry
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.