Happy At Work
Wharton Professor Asks Her Business Students What The Average American Earns—Their Answers Ranged Up To $800k
Nina Strohminger, an assistant professor of legal studies and business ethics at the University of Pennsylvania’s Wharton School of Business, asked her Ivy League students what they thought the average American worker makes per year. To her surprise, a quarter of them thought it was over six figures. Strohminger said, “One of them thought it was $800k.” According to the professor, the real number is $45k.
The Massive Selloff In Stocks, Bitcoin And Other Cryptocurrencies Could Cause Companies To Hold Off On Hiring
In March 2020, the stock market plunged. The black swan Covid-19 outbreak created fear and uncertainty. Investors sold first and asked questions later. They anticipated the worst and desperately wanted to get out of stocks—afraid of losing all or a big chunk of their money. Parallel to the precipitous decline in the stock market, companies furloughed and fired millions of Americans. Executives were concerned over how bad things could become and wanted to lighten their expenses by jettisoning workers.
The Metaverse Is The Web3 Wave That Democratizes Buying And Building Real Estate, Hosting Fashion Shows And Monetizing Video Gaming
We’re in the beginning stages of an innovative revolution. The metaverse is the Web3 next wave, changing the way we’ll socialize, work, play video games and interact. We’ll soon see businesses started, office buildings constructed, meetings held for remote workers and job interviews conducted in virtual reality.
‘That Raise Meant Nothing’: Inflation Is Wiping Out Pay Increases For Most Americans
Ty Stehlik, who works the front desk at a hotel in Milwaukee, pleaded for a raise all through the pandemic — and finally got an extra $1 an hour in the fall to make $15. But higher prices for rent and food have completely negated that 7 percent bump. Stehlik, who identifies as nonbinary, says they’re still relying on family for help covering rent and groceries. “That raise meant nothing,” said Stehlik, 23, whose roommate works at the same hotel. “I’ve got student loans. My roommate’s got medical debt. Most of my co-workers work two or three jobs, and they’re still having difficulty making ends meet.”
$130 Billion Wiped Off Crypto Markets In 24 Hours
The cryptocurrency market had around $130 billion wiped off its value over the last 24 hours as major digital coins continued their multi-day sell-off. Bitcoin was last down around 4% at $33,755.57, according to Coin Metrics, while Ether plunged 7% to $2,239.08. Earlier in the morning both fell to their lowest points since July and are each about 50% off their all-time highs.
Four AGs Sue Google For Allegedly Tracking You Without Permission
The bipartisan group of attorneys general from the District of Columbia, Indiana, Texas and Washington allege in separate lawsuits filed Monday that Google deceived users from at least 2014 to 2019 by leading them to believe that turning off Location History settings would make the service stop tracking their locations. But, the AGs allege, a user’s location could still be tracked by Google unless they also turned off settings in the Web & App Activity section.
Stressed Hospitals Are Asking Workers With Covid To Return—Even If They May Be Infectious
Candice Cordero still had a fever and a cough late last month when, she says, her hospital told her it was time to come back to work. The Bradenton, Fla. nurse was stunned — and worried she could still be contagious seven days into her breakthrough Covid-19 infection. When an employee health representative said she could come back anyway, citing updated federal health guidance, Cordero said she refused. She viewed it as too risky.
The No. 1 Reason People Quit Jobs During The Great Resignation, According To MIT Research—And It’s Not Pay
A record 24 million Americans quit their job between April and September of 2021, according to the Bureau of Labor Statistics. It may surprise you to learn that wanting to earn more money was not the main driver of the record turnover. “Toxic culture is the biggest factor pushing employees out the door during the Great Resignation,” according to an analysis published in the MIT Sloan Management Review. It’s “10 times more important than compensation.”
Activist Investor Blackwells Calls On Peloton To Fire CEO
An activist is pushing Peloton to fire its chief executive officer immediately and consider a sale as its share price has plummeted. Blackwells Capital, which has a stake of less than 5% in Peloton, believes the company could be an attractive acquisition target for larger technology or fitness-oriented companies, such as Apple or Nike, the firm said Monday in a letter addressed to Peloton’s board.
Companies Are Desperate for Workers. Why Aren’t They Doing the One Thing That Will Attract Them?
Few people are as knee-deep in our work-related anxieties and sticky office politics as Alison Green, who has been fielding workplace questions for a decade now on her website Ask a Manager. In Direct Report, she spotlights themes from her inbox that help explain the modern workplace and how we could be navigating it better. If you believe reports from employers, they’re desperate to find good workers but can’t lure them at any price. Talk to job seekers, though, or existing employees at those same companies, and you’ll hear a different story.
Flipping the Traditional Job Search: A Conversation with Josh Brenner, CEO of Hired
In this episode of the Happy at Work podcast, we spoke with Josh Brenner of Hired. Josh Brenner is the CEO of Hired, an AI-driven marketplace that matches tech and sales talent with hiring managers.
Salary Calculator: https://hrd.cm/3FujcO7
State of Tech Salaries Report: https://hired.com/state-of-salaries-2021
Remotafy.com Is The Leader In White-Collar Remote Jobs!
