The Kellington Times
Coinbase Ceases Salary Negotiations Upon Joining The Company...
Coinbase contends that the traditional methods of salary negotiations “disproportionately leave women and underrepresented minorities behind, and a disparity created early in someone’s career can follow them for decades.” To remedy this situation, the company wants “to do everything we can to ensure that’s not the experience at Coinbase. All employees in the same position, in the same location, receive the same salary and equity offer. No exceptions.”
Nine States Say They Won’t Accept The Extra $300 Unemployment Benefits, Claiming It's A Disincentive To Getting A Job
A national debate is arising over unemployment benefits. Workers, particularly in the retail, restaurant and hospitality spaces, say that they’re not being paid well enough to take on dead-end jobs that potentially put their health at risk. The opposing group contends that the federal government gave too much money to people, in the form of multitrillion-dollar financial aid programs that included enhanced unemployment benefits and stimulus checks mailed directly to families, which disincentivized them to work.
Goldman Sachs Director Reportedly Quits After Striking It Rich In Dogecoin
A managing director at Goldman Sachs London office has reportedly left the brokerage after making millions on Dogecoin. Aziz McMahon has been with the bank for 14 years, according to his LinkedIn profile, but a Goldman spokesperson confirmed to Fortune that he has departed. A report on eFinancialCareers says the move came after a huge payoff in the cryptocurrency that no one was meant to take seriously.
Workers Make Truthful Signs About Why Employers Are Facing Staff Shortages
The U.S. Labor Department reports that job openings rose to a two-year high in February, while in March employers added nearly 1M new jobs. In this new reality of the post-pandemic world when more and more businesses are reopening their doors, job openings are accelerating faster than people can send job applications. Unsurprisingly, many business owners are frustrated with this whole situation as they complain over how nobody wants to work these days. But things are not that easy. A growing body of workers are now stepping up to voice their eye-opening reasons on why making frappuccinos and defrosting pies would not be the smartest idea right now.
Breakdown Of Where America’s Richest City Dwellers Fled To During Pandemic Reveals Many Found ‘Hidden Gem’ Locations
Wealthy people who fled major cities like New York City, Los Angeles and Chicago last year moved to ‘hidden gem’ locations like San Antonio, Texas and Salt Lake City, Utah, according to a new report. Real estate company Coldwell Banker has released a 132-page report detailing insights into the luxury market including where and why people moved in 2020 amid the coronavirus pandemic. Reasons included fleeing taxes and “restrictive COVID-19 mandates.”
Overwork Culture Is Thriving; We Think Of Long Hours And Constant Exhaustion As A Marker Of Success. Given What We Know About Burnout, Why Do We Do Give In?
In 1987, Gordon Gekko, the unscrupulous cigar-smoking powerhouse in the film Wall Street, told the world: greed is good. The movie—ultimately a cautionary tale—depicted work and wealth-obsessed executives putting in long hours in sleek skyscrapers to seal deals and boost their pay packets, at the expense of whoever got in their way. If you live and breathe work (and toss in some moral flexibility), the message was, the rewards will be exciting—and immense.
HSBC To Test Zoom-Free Fridays
HSBC is piloting Zoom-free Friday afternoons for some of its staff as it becomes the latest major UK business to tackle working from home fatigue and burnout during the pandemic. Sources said that HSBC’s UK bank is testing out the idea as part of a taskforce looking at the future of work for employees. If the idea goes ahead then it would mirror steps already taken by Wall Street firms to combat the blurring of lines between home and work as a result of lockdowns.
SEC Pours Cold Water on Bitcoin Futures Market
In a statement, the SEC’s Division of Investment Management, “strongly encourages any investor interested in investing in a mutual fund with exposure to the Bitcoin futures market to carefully consider the risk disclosure of the fund, the investor’s own risk tolerance, and the possibility, as with all investing, of investor loss,” the SEC said.
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