Careers

Share to Twitter Share to Linkedin Take a moment and try to think of someone who’s wealthy. If you’re like most people, the person who comes to mind may have a lot of money, a big house, or expensive assets. Traditional wealth is too often associated with material possessions. Wanting to have fancy things or financial security is natural, but having more material wealth is certainly not the only measure of a successful career. Material wealth is often more visible and measurable, which certainly makes it more noticeable and even admirable. However, unpacking the true meaning of wealth can enable you to pursue a career that allows you acquire more of what you truly value most. Rethink Success Metrics When I was working in the corporate world, I was like many full-time employees I now cross paths with as a career consultant and speaker. I did my fair share of pursuing higher salaries, year-end bonuses, stock options, employee benefits . . . the list … [Read more...] about Reframe How You Measure Wealth In Your Career

Share to Twitter Share to Linkedin Here’s something that people don’t often talk about. To succeed in your job, in addition to possessing the right skills and experience, you need the proper strategies and tools in place to effectively deal with potential self-defeating thoughts, stress and anxiety. This may sound easy, but it’s not. Given everything people are dealing with today, it would be surprising if you’re not feeling stressed out and anxious. “People have spent 2½ years managing a global pandemic, uncertain financial futures, political turmoil and growing inflation,” said Jeffrey Galak , an associate marketing professor at Carnegie Mellon. Until recently, talking about mental health issues wasn’t socially acceptable. People would keep their challenges to themselves, out of fear of being labeled and marginalized. Post-pandemic, it has become more commonplace to talk about your emotional well-being, feelings of depression and career burnout. … [Read more...] about How To Overcome Stress, Worries And Anxiety To Succeed In Your Career

Share to Twitter Share to Linkedin Quick quitting is becoming a fast-growing trend, according to LinkedIn’s new Workforce Report . The data from LinkedIn indicates that workers in the United States are leaving their jobs after only being with the company for a short stint of time. Many are quitting in just under a year. Silicon Valley is well-known for people switching jobs quickly, as the tech hub has the highest employee turnover rate . Workers in this dynamic sector learn as much as possible, forge new relationships, move on to other roles elsewhere and repeat this process multiple times. As they move around, they earn more money with each job switch, build more extensive networks and learn new skills that empower them to grow faster than their peers who remain at the company for long periods. LinkedIn’s report shows that Silicon Valley isn’t an isolated phenomenon. People in an array of other industries, such as the arts, recreation, media … [Read more...] about ‘Quick Quitting’ Could Offer More Money And Faster Career Growth

Share to Twitter Share to Linkedin I've been stuck at the same level for the past 8 years and would love to learn how to push beyond that and be considered for roles at the next level (both internally and externally). I often am pursued by recruiters for roles that I've done in the past, which makes me believe that the work I am showcasing on LinkedIn and my resume is not reflective of where I want to go. – Rebecca, tech lead 1 – Stop worrying about your resume and LinkedIn profile (till Step 4) In general, your best bet for growth in the immediate term is your current employer, rather than some outside recruiter discovering you. You do want an updated resume and optimized LinkedIn profile that showcases your potential and gives prospective employers enough compelling information that they’ll want to talk to you. But these documents are just a start in a long vetting process for senior roles. As a first step, get your current employment … [Read more...] about 5 Steps To Take When Your Career Has Stopped Growing

Share to Twitter Share to Linkedin Two and a half years after the start of the "world’s largest work-from-home experiment" we’re still debating where people should work. Most employers have settled on a hybrid model that offers flexibility. However, some companies are still pushing for a complete return to the office and, in extreme cases, are going as far as to suggest that people who want to continue working from home should take a lower salary for the privilege. But in a talent-short market where demand for flexible working is high, does this approach make sense? Does it ever? The Hybrid Penalty The concept of location-based pay isn’t new. Workers in urban centers such as New York and London have long received a higher salary to reflect the higher cost of living. However, is it right that employees should earn less if, rather than commuting to the office five days a week, they spend a few days working from home or another remote location? Some … [Read more...] about Employers, Insisting Your People Return To The Office Full Time Comes At A Cost

Share to Twitter Share to Linkedin What's the secret to raising your company’s quarterly revenue by 50%? Throwing on a green owl costume, twerking in front of an iPhone, and posting the final product on TikTok. … At least, that’s what worked for language learning app DuoLingo last fall after they hired Zaria Parvez , a recent college grad, as their social media coordinator. When Parvez noticed the company’s mascot, a green owl named Duo, sitting in the office last September, she decided to poke fun by creating a TikTok . It blew up. As Parvez continued to create content, she turned Duo into a character — an unhinged owl that pressures people to complete the app’s daily language lessons and on the side, flirts with Dua Lipa. Not only have DuoLingo’s TikTok followers grown from 50,000 to nearly 5 million in one year, its profits have too. The company’s second-quarter revenue increased over 50 percent year over year to $88.4 million. It’s … [Read more...] about 5 Tips On Using TikTok To Grow Your Company

Share to Twitter Share to Linkedin The arrival of the gig economy placed a renewed emphasis on the problem of worker misclassification . This usually refers to employers classifying employees improperly as independent contractors. There are a variety of reasons why an employer might do this, but one common reason is to save money on payroll and employment taxes, like state unemployment. But companies who claim their workers are independent contractors don’t always get away with not paying their fair share of payroll taxes, as we recently saw in New Jersey with Uber Technologies Inc. and Raiser LLC. New Jersey Department of Labor and Workforce Development Gets $100 Million in Back Taxes Uber Technologies Inc. (Uber) and Raiser LLC (Raiser) made the news recently because they agreed to pay $100 million in what amounts to unpaid state payroll taxes to the New Jersey Department of Labor and Workforce Development’s (NJDOL) Unemployment Trust Fund. … [Read more...] about Uber Paying $100 Million In Back Taxes Is A Positive Sign For Gig Workers

Share to Twitter Share to Linkedin On February 19, 2021, the U.K. Supreme Court ruled that Uber drivers in the U.K. were “workers” and not independent contractors. This meant the drivers were eligible for a variety of employment protections, such as minimum wage, paid annual leave and whistleblower protections from retaliation. In the U.K., the term “worker” can have a comparable legal meaning as the term “employee” does here in the U.S. The U.K. Supreme Court reached this conclusion largely based on the level of control Uber had over its drivers. Examples of control included: Uber setting the fare Uber unilaterally setting the terms of the working arrangement Uber punishing drivers if they did not comply with Uber’s policies, such as maintaining a certain rider acceptance rate Uber dictating what drivers could talk about with passengers This decision does not bind American courts. Yet it brings up the hotly contested question of … [Read more...] about Gig Workers As Employees: Why America Won’t Follow The U.K. Anytime Soon

Share to Twitter Share to Linkedin Remote workers may be at risk. Working from home became the norm during the pandemic. As the economy reopened, people demanded to continue working remotely, as it offers a better work-life balance. When micromanaging bosses called for staff to return to the office, workers pointed out the success of remote work. Productivity was at a high level, the economy held up well, stocks were flying, and plenty of jobs were available. By all accounts, employees put in longer hours during the week and worked weekends. However, nothing is perfect. One of the downsides was that remote workers could be seen as second-class citizens by management. Being out of sight could lead to being out of mind. The remote workers risk getting left out of important meetings and conversations. Americans are once again in a precarious position. There is record-high inflation. Jerome Powell, head of the Federal Reserve Bank, has said he needs to cool … [Read more...] about U.S. White-Collar Remote Workers May Lose Their Jobs As Companies Hire Globally To Cut Costs

Share to Twitter Share to Linkedin There’s been a seismic shift in the ways companies are working in the wake of the pandemic. Defying the longstanding tradition of being chained to an office, a wide array of companies—ranging from the social media platform Twitter to global accounting, audit and tax giant PwC —have embraced remote work. After nearly two years of working from home, executives have recognized that this unintended mass experiment has been highly successful. The record-setting stock market shows that major companies did not suffer with this new setup, and actually handsomely thrived. CEOs were delighted with their lofty stock prices and employees greatly appreciated their freedom and better quality of life. Two-plus-hours round-trip commutes were gone and the time gained back was constructively utilized to be both productive and spend precious time with family, friends, hobbies and taking care of their physical, mental, emotional and … [Read more...] about The 100 Best Destinations For Remote Workers Around The World