When a new technology is developed, it’s first met with skepticism by many and enthusiastically embraced by others. Over time, more often than not, people realize that smartphones, computers, the internet, cryptocurrency and virtual reality add value to our lives and work.
Redditors Share Their Stories Of Quitting And What Happened Next
Millions of Americans quit their jobs in record-breaking numbers. On Reddit, a question was raised: if you were one of them, why did you quit and what are you doing now? To put things into perspective, Reddit has 330 million monthly active users. A February 2021 survey found that “36% of internet users aged 18 to 29 years and 22% of users aged 30 to 49 years used Reddit.” Around 46% of Reddit app users have a college degree or higher, while 40% have a high school degree. With this data in mind, the social media site serves as a great way to gauge the sentiment of young and middle-aged working people.
Envoy ‘Can’t Stop, Won’t Stop’ Making The Workplace Safer For People To Come Back
Larry Gadea, the CEO and founder of the $1.4 billion market valuation workplace app, Envoy, had a circuitous route to success compared to other Silicon Valley tech leaders. As a young child, he had to flee communist Romania with his family. He was smuggled out in the backseat of his parents’ car and lived in Germany, then moved to Ottawa, Canada. His parents held master’s degrees and had great careers in Romania, but they were forced to start all over again. They worked difficult, blue-collar jobs. His mother cleaned houses and his father picked berries.
Top Wall Street Banks Paid Out $142 Billion In Pay And Benefits Last Year
Wall Street’s leading banks increased pay by nearly 15 per cent last year as they fought a war for talent that is expected to drag on as long as dealmaking remains buoyant. JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley and Bank of America disclosed in recent days that they had handed out $142bn in pay and benefits in 2021, up from $124bn in 2020, in an effort to keep their top bankers satisfied and cope with a global rise in wage inflation.
56% Of Americans Can’t Cover A $1,000 Emergency Expense With Savings
Most Americans are still struggling to build solid savings accounts nearly two years into the coronavirus pandemic. Some 56% of Americans are unable to cover an unexpected $1,000 bill with savings, according to a telephone survey of more than 1,000 adults conducted in early January by Bankrate. “Emergency savings and the $1,000 threshold are really an indication of how much people are struggling, that they are that close to the edge financially,” said Greg McBride, senior vice president and chief financial analyst at Bankrate.
Jobless Claims Jump To 286,000, The Highest Level Since October
Jobless claims took an unexpected turn higher last week in a potential sign that the wintertime omicron surge was hitting the employment picture. Initial filings for the week ended Jan. 15 totaled 286,000, well above the Dow Jones estimate of 225,000 and a substantial gain from the previous week’s 231,000. The total was the highest since the week of Oct. 16, 2021, and marks a reversal after claims just a few weeks ago hit their lowest level in more than 50 years.
CEOs Are Joining The ‘Great Resignation,’ Trading Fatigue For Family Time
Corner office or not, everybody seemed to need a break after 2021. CEOs and other executives have spent the past two years juggling work-life balance like everyone else — and just like employees on lower rungs of the corporate ladder, a growing number are walking away.
Should We Get Paid To Do Job Interview Tasks?
The Great Resignation is the hot employment topic of 2021. Workers around the world are calling time on old or unfulfilling jobs and refusing to go back to the lives they had pre-COVID. Employees are handing in their notices en masse in pursuit of something better, whether that’s chasing their dreams, supporting a cause they believe in or looking for a better work/life balance. For the first time ever, in August 2021 the UK recorded more than 1 million open job positions; the job market as we know it is changing.
The Secret To Happiness At Work
Every year, Gallup asks a sample of American adults what might seem to be a rather loaded question: How much do you like your job? The results may surprise you. The portion who say they are “completely satisfied” at work has risen dramatically over the past two decades, from 41% in 2001 to 55% in 2019. In 2020, despite the fact that millions of Americans had shifted to remote work, 89% said they were either “completely” or “somewhat” satisfied.