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The In-n-Out logo is displayed on the front of an In-n-Out restaurant on October 28, 2021 in Pleasant Hill, California. The new ranking doesn't surprise LaShawn Davis, a leadership and workplace culture expert who founded and runs consulting firm The HR Plug. Davis has worked in human resources for more than a decade, and says it's clear why In-N-Out Burger rivals those tech companies when it comes to leadership and culture. "It starts with the CEO," Davis tells CNBC Make It. In-N-Out's CEO is Linsi Snyder, 42, who took over her family's business at age 27 after a series of family deaths.
Persons: Burger, LaShawn Davis, Davis, Linsi Snyder, Snyder, NBC's, Lynsi Snyder, Lynsi Torres, Rod Association's Lucas, Bob Johnson, , Forbes —, Daniel Zhao, who've, Zhao Organizations: Nvidia, CNBC Locations: Pleasant Hill , California, Burger, Redding , California
The company with the best leadership in the U.S. isn't a tech titan or hospitality giant: It's management consulting firm Bain & Company. That's according to Glassdoor, which released on Tuesday its inaugural 50 Best-Led Companies ranking. The list measures how effectively bosses communicate and foster healthy company cultures, based on the workplace review website's anonymous employee ratings. Beyond Bain, the tech industry does occupy much of the list — 12 companies, more than any other sector. Consulting, finance and retail are the next-most represented industries, with six companies appearing from each.
Persons: Bain, Glassdoor, Daniel Zhao, Zhao, Nvidia Raymond James Organizations: Bain & Company, Consulting, CNBC, Equitable, Autodesk Bain & Company Locations: U.S
But a lot of women haven't been able to take advantage of this remote work perk. Remote work has helped women's progress toward equal pay, but it's had a mixed impact on women's career advancement. On the one hand, remote work has allowed more women to stay in the workforce when they otherwise might forced out due to childcare demands. Women's relationship with remote work both helps and hurtsWomen are working at near-record levels, and the growth of remote work in recent years is among the key reasons. AdvertisementMen and women work from home at very similar rates, but there's some evidence that remote work is even more prevalent among women.
Persons: , haven't, it's, jugging, jugglers, Aaron Terrazas, Nicholas Bloom, Sarah Small, Small, Nicole, Stanford's Bloom, Meredith Whitney, Utah's Organizations: Service, Business, Stanford, University of Utah, of Labor Statistics, WomenTech Network, Labor Department, Bard College Locations: Washington, overemployment
47% of workers said they felt worried about their job security, according to a 2023 survey conducted by McKinsey & Company. AdvertisementThe job market looks to be cooling off even as the economy looks like it is going strong. New LandscapeFor disgruntled workers, it may help to hear that CEOs also are getting pushed out at the fastest pace in decades. The job market is expected to slow in 2024, he estimated, pointing to the deceleration in hiring activity. AdvertisementTotal full-time workers declined in February, the first decline posted since the pandemic, according to the Bureau of Labor Statistics.
Persons: , Daniel Zhao, Zhao, Jamie Dimon, Andrew Challenger, Challenger, Zhao doesn't Organizations: Service, Business, Glassdoor, JPMorgan, McKinsey & Company, Challenger, Bureau of Labor Statistics
Middle managers' confidence in companies' outlooks is decreasing due to layoffs and burnout. And between layoffs, fights over remote work, and increased workload, many middle managers are simply burned out. Middle managers have been feeling the heat since early last year when Meta embarked on its mandate of efficiency. Meta CEO Mark Zuckerberg said he didn't want to see so many "managers managing managers, managing managers, managing managers, managing the people who are doing the work" during an internal Q&A session in January 2023. Some top executives, however, say that cutting middle managers could threaten productivity.
Persons: , Meta, Mark Zuckerberg, McKinsey Organizations: Bloomberg, McKinsey, Service, Technologies
Last month's job cut count was the highest of any February since 2009, when the financial crisis forced companies into cash preservation mode. CNBC spoke to a dozen people who have been laid off from tech jobs in the past year or so about their experiences navigating the labor market. Additionally, some listings required applicants to have advanced degrees or professional experience in machine learning and artificial intelligence, a new development in Croisant's experience on the job market. "It is a combination of how well you brand yourself, about your access through networking to any given position — to the hidden job market." Still, Powers said she's trying to stay optimistic, "because giving up is not going to get me a job."
Persons: Ed Jones, Allison Croisant, Croisant, Roger Lee, Layoffs.fyi, Lee, I'm, Powers, who's, Tayfun, Christopher Fong, Fong, Michael Kascsak, Kascsak, It's, Lee of Layoffs.fyi, Amit Mittal, Amit Mittal Amit Mittal, Mittal, he's, Bill Vezey, , Vezey, She's, would've, she's, Jennifer Elias Organizations: Afp, Getty, PayPal, Meta, Microsoft, eBay, Unity Software, SAP, Cisco, Wall, CNBC, Google, Anadolu Agency, Nationwide Locations: New York, Omaha , Nebraska, Comprehensive.io, Natchez , Mississippi, View , California, United States, Austin , Texas, U.S, who's, India, Chicago, Santa Cruz , California
Middle managers are less confident about their companies' business outlook than other employees. They're under pressure to execute layoffs, RTO mandates, and stringent performance reviews. "Middle managers are under pressure to do more with less," Glassdoor's lead economist Daniel Zhao said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.
Persons: Daniel Zhao, , Glassdoor Organizations: Service, Business
Tech has long been considered one of the most desirable industries to work in. Job search site Glassdoor recently released its Best Places to Work report based on current and former employee reviews. They singled out the best industries to work for based on the ones that showed up most on the list. Though it still topped the list, "tech is a little bit less popular this year just because of the news that they've had around layoffs and fears of recession," says Daniel Zhao, lead economist at Glassdoor. Twelve consulting companies made it onto Glassdoor's list, making it the second best industry to work for after tech.
Persons: they've, Daniel Zhao Organizations: Tech, Amazon, Microsoft, U.S, Bain & Company Locations: That's
About a third, 29% want more flexible work hours, according to Monster's 2024 Work Watch Report. Job search site Glassdoor recently released its Best Places to Work report, including a list of the 100 best large companies to work for based on current and previous employee reviews. Glassdoor looked at which came up the most to decipher the best industries to work for as well. Here are their top four industries, including examples of jobs and how much they pay. TechThere were 31 tech companies on the list, crowning the industry as the best one to work for overall.
Persons: Glassdoor, Daniel Zhao, Zhao, Cassandra Happe, Booz Allen Hamilton, Fannie Mae Organizations: Workers, Tech, WalletHub, Companies, NVIDIA, Procore Technologies, VMWare, Bain & Company . Companies, McKinsey & Company, Booz, Huron Consulting Group, Bain & Company, Finance, Fidelity Investments, Mastercard, & $ Locations: Glassdoor
Glassdoor released its 2024 list of top workplaces based on how US-based employees feel about them. Glassdoor recently published its new Best Places to Work ranking based on how US-based employees felt about their workplaces. AdvertisementWhile Microsoft ranked high on the 2024 list, ranking No. Google fell just short of the top 25 in the 2024 list, ranking No. AdvertisementBelow are the top 25 large companies to work for according to the 2024 US list along with their Best Places to Work rating, which was on a five-point scale.
Persons: Glassdoor, Raymond James Financial, , Keller Williams, Burger, Bain Organizations: Bain & Company, eXp Realty, Service, Best Places, U.S, Microsoft, Management, Best, Google
High food prices are Americans' top concern about the economy, according to Morning Consult. Ninety percent of individuals said they were very or somewhat concerned about grocery and food prices , higher than any other factor surveyed. In part, these concerns can be attributed to rising food prices over the last few years. AdvertisementHigh food prices could be a key reason for this disconnect, Aaron Terrazas, Glassdoor's chief economist, told Business Insider. If Americans are hoping for cheaper food prices to come next year, they're unlikely to get their wish.
Persons: , it's, Joe Biden's, Aaron Terrazas, haven't, Terrazas, Biden, McDonald's Organizations: Service, Bloomberg, Bureau of Labor Statistics, Business, US Department of Agriculture, Social Security Administration
It looked at culture, hiring, pay and promotions to see how companies invest in their workers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCoca-Cola was just ranked as the best place to work for career growth in the American Opportunity Index 2023 report . AdvertisementCoca-Cola was ranked top overall, largely because of its hiring, pay, and culture scores. In the past, it has made Glassdoor's ranking of the top 10 companies with the happiest employees and was included in its best places to work list from 2012 through to 2022.
Persons: , Lisa Chang, Chang, Meta, Salesforce Organizations: American Opportunity, Meta, Costco, Service, American, Harvard Business School, Foundation, Glass Institute, Cola, PepsiCo, PNC Financial Services Group, Amazon, Microsoft, AOI Locations: Glassdoor, W.W, Grainger
A new report suggests there will likely be more Gen Zers working full-time than boomers by early 2024. Meanwhile, some Gen Xers are getting ready to make retirement decisions. That shift in demographics is expected to change how employers attract young talent since Gen Zers have different priorities compared to their older colleagues. "We know that the types of workplace culture and benefits that Gen Z values is different than baby boomers." "Particularly in contrast to Gen Z, Gen X is a little bit more cautious about asking and demanding change and transparency and voice in the workplace," Terrazas said.
Persons: millennials, Xers, , Gen Zers, Aaron Terrazas, Terrazas, Zers, Z, Chelsea Williams, Williams, Gen, they're, Gen Z, X Organizations: Service, Business, Pew Research Locations: millennials
Men (67%) are more likely than women (54%) to talk politics with co-workers, and younger generations are more likely to engage in political conversations than their older counterparts. Overall, men ages 35 and up and women ages 18-34 appear to be the most likely to talk about politics with their colleagues. When looking just at Gen Z and Millennial women, the percentage rose even higher to 81%, compared to around 60% of Gen Z and Millennial men. For Gen Z employees, these numbers rose to 49% and 44%, respectively. However, this doesn't necessarily mean that company leaders should avoid political talk all together.
Persons: Joe Biden, Donald Trump, Aaron Terrazas, Gen Z, Z, Terrazza, Terrazas Organizations: CNBC Locations: Glassdoor, Gaza, Israel
A new study found that 7.8% of jobs held by women, and 2.9% held by men, could be automated. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . From an economic perspective, more women working means more entrepreneurship , fewer labor shortages , and more disposable income to spread around businesses. Retraining workers could help mitigate the impacts of AI job replacementTo be sure, the AI future has yet to be written. AdvertisementAdvertisementHowever, even if AI does pose an additional threat in the years ahead, it won't change things overnight, giving some women time to prepare.
Persons: , Michael Chui, Julia Pollak, ZipRecruiter, Aaron Terrazas Organizations: Service, International Labour Organization, Pew, McKinsey Global Institute Locations: United States
While predictions across the board about employee pay are forecasting slower wage growth next year, there's a notable exception: union workers, especially those in service and manufacturing roles. Compensation for union workers is up just 11% since the first quarter of 2020, compared with 14.6% for nonunion workers, according to Bureau of Labor Statistics data from the second quarter of 2023. The rise in pay growth for unionized employees this year stems, in part, from significant labor action, including a string of labor deals resulting in higher pay. Many unionized workers, for example, haven't negotiated a new contract since the Covid-19 pandemic began. "Unionized workers couldn't see the same scale of wage increases over the past few years that non-unionized workers did," said Aaron Terrazas, Glassdoor's chief economist.
Persons: there's, haven't, Aaron Terrazas Organizations: of Labor Statistics, Finance, United Auto Workers, Ford Motor Company, General Motors, Ford, UAW
Thousands of current and former interns were surveyed about the most prestigious internships. The 13,000 interns rated the top companies on a scale of 1 to 10. Career intelligence company Vault surveyed 13,000 current and former interns, and they shared which companies they believe have the most prestigious internships. Wall Street summer interns can earn over $52,000 before taxes at some firms during their 11-week program. Here are the top 10 most prestigious internships according to thousands of current and former interns.
Persons: , J.P, Morgan Mike Kemp, Jason Reed JIR, McKinsey & Company FABRICE COFFRINI, Joe Raedle, Morgan Stanley, Morgan Stanley's, Michael M, Goldman Sachs Michael M, Microsoft Toby Scott, Artur Widak Organizations: Service, White, Getty, CIA, U.S . Central Intelligence Agency, McKinsey & Company, SpaceX SpaceX, Times, Apple, California Thomson Reuters, Microsoft, NASA Locations: Langley, REUTERS, AFP, Palo Alto, California
Glassdoor CEO Christian Sutherland-Wong views raw workplace feedback as "an important gift," even though receiving negative feedback can feel "uncomfortable" at times. Executives at Glassdoor have also found this unfiltered exchange of feedback useful in keeping a pulse on how their employees are actually feeling. "Our philosophy at Glassdoor is to embrace this transparency." A culture of transparency in the workplace promotes raw feedbackMany successful business executives value raw feedback in the workplace. A way that he practices transparency is by responding to all the reviews he receives on Glassdoor.
Persons: Christian Sutherland, Wong, Sutherland, Glassdoor, Sutherland Wong, Daniel Lubetzky, Google Larry Page Organizations: Glassdoor, Google
Insider Today: Tech workers are bummed
  + stars: | 2023-10-17 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
AdvertisementAdvertisementIn today's big story, we're looking at why some tech workers don't love their jobs anymore. Many factors led to the shift, from significant layoffs in Big Tech to in-office mandates and financial pressure due to high interest rates. AdvertisementAdvertisement(Interestingly enough, Terrazas writes that workers in non-tech roles — like human resources and marketing — report the highest job satisfaction at Big Tech companies.) But it feels like tech workers themselves will end up having to do a bit of recalibration. Working in Big Tech has become a job like any other corporate gig.
Persons: Alyssa Powell, tech's, Aaron Terrazas, Terrazas, Insider's Hugh Langley, Grace Kay, Garry Gensler, Drew Angerer, Gary Gensler, Janet Yellen, it's, Satya Nadella, JASON REDMOND, ADAM GRAY, didn't, Israel, Don't, Rae Dunn, Jim Jordan, Jada Pinkett, Pinkett Smith, Will Smith, Goldman Sachs, Lockheed Martin, Johnson, Leah Kern, Joe's, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Sigma, Insider Tech, Big Tech, Tech, Terrazas, SEC, Getty, LinkedIn, Tesla Edinburgh, Amazon, Republican, Bank of America Locations: Big, Israel, Ukraine, AFP, Tesla, Temple, El, New York City, York, San Diego, London, New York
For the first time in a long time, tech workers are in a funk. This rare combination of generous compensation and a reasonable work-life balance kept tech workers happier than employees in other industries. Economy wide, there were on average 6.6 front-line workers per manager in 2018 and 2019, but post-pandemic, the ratio dropped to 6 to 1. It's possible that as tech companies have grown into more complex organizations, more management layers are necessary. Fundamentally, it's about listening to and elevating the voices of front-line employees.
Persons: , Kristi Coulter, Aaron Terrazas Organizations: Linkedin, Tech, Wall Street, Federal Reserve, Microsoft, Amazon, California Bay, Austin , Texas —, Ford Motor Company, Intel Locations: Wall, California, California Bay Area, Austin , Texas, neckties
Remote work, stay-at-home dads, and the gender pay gap could nudge more women into the workforce. AdvertisementAdvertisement"Beyond a near-term dip, women's share of the labor force will probably inch higher over the long term," he said. First, remote work is likely to continue boosting women's employment. Second, more men are becoming stay-at-home dads, which means fewer stay-at-home moms — and more women in the workforce. AdvertisementAdvertisementThird, the persistence of the gender pay gap could force women to work later in life — boosting the number of older women workers in particular.
Persons: that's, Aaron Terrazas, Terrazas, Organizations: Service, Bureau of Labor Statistics, of Labor Statistics, Pew Research Locations: Wall, Silicon
Women who are unhappy with their wages are less likely to ask for a pay rise than men. A new survey found that more women think their pay doesn't fairly reflect the work they do. Still nearly half of men who felt the same asked for a raise but less than a third of women did. Men who were unsure if they were being paid unfairly were still more likely to ask for a pay rise than women who were unhappy with their wages, the survey found. Half of women in the UK lacked the confident to ask for a pay rise and were 25% less likely to do so than men in 2021, a Glassdoor survey found.
Persons: Jill Cotton, Cotton Organizations: Service Locations: Wall, Silicon
Company Bowls are forums that allow people to anonymously talk about companies and industries. The feature will compete directly against the anonymous workplace forum, Blind. You do however, need to submit your full name and work email in order to access the forums. Seemingly, you do need to enter your work email address to verify entry into your Company Bowl. Bowls is aimed right at BlindThe launch of Company Bowls means that the online workplace forum Blind has some new competition.
Persons: Glassdoor, Haley Tenore, Christian Sutherland, Wong, Fishbowl, TechCrunch
Is it still safe to quit your job simply because you don't want to return to the office? The job market is still strong and offers a higher share of remote job postings than pre-pandemicData from the Bureau of Labor Statistics, or BLS, shows the labor market is still robust. Cory Stahle, an Indeed economist, noted at a press event last week that "remote work is something that is here to stay." Even Indeed renamed its Remote Job Tracker given the demand for hybrid employees, noting as hybrid "work arrangements emerge as a primary modality of flexible work — which itself is a topic of growing interest to job seekers, employers and policymakers alike — we are updating and renaming the Remote Tracker to the Remote & Hybrid Job Tracker." Did you quit your job after being told to return to the office?
Persons: there's, , Insider's Juliana Kaplan, She's, Bonnie Chiurazzi, Chiurazzi, Lab's Daniel Culbertson, Culbertson, Cory Stahle, Stahle, Dawn Fay, Robert Half, Fay Organizations: Service, ADP Research Institute, Bureau of Labor Statistics, Labor, Survey Locations: North America
To find out where some of the happiest employees in the U.S. live, workplace insights platform Glassdoor created a list of the top cities with the most satisfied workers. Here are the top 10 cities with the most satisfied employees in the U.S., along with the average salaries for workers in those cities, according to Glassdoor:Provo, UtahAverage overall company rating: 3.94Average annual salary: $61,973San Jose, CaliforniaAverage overall company rating: 3.88Average annual salary: $117,188Santa Barbara, CaliforniaAverage overall company rating: 3.87Average annual salary: $72,240College Station, TexasAverage overall company rating: 3.83Average annual salary: $43,118Boston, MassachusettsAverage overall company rating: 3.82Average annual salary: $87,433San Francisco, CaliforniaAverage overall company rating: 3.81Average annual salary: $108,426Gainesville, FloridaAverage overall company rating: 3.81Average annual salary: $50,026Washington, DCAverage overall company rating: 3.80Average annual salary: $87,374Salt Lake City, UtahAverage overall company rating: 3.79Average annual salary: $69,274San Diego, CaliforniaAverage overall company rating: 3.79Average annual salary: $77,027California is the clear winner, boasting four of the top 10 cities on the list. New York City ranked last on Glassdoor's list, with an average company rating of 3.72. According to PayScale, the average cost of living in New York is 128% higher than the national average. 1 career move that made them happierThe fastest-growing jobs that don't require a bachelor's degree, according to LinkedIn—some pay over $100,000
Persons: Glassdoor, PayScale, Organizations: Santa, Station, ., . New York City Locations: U.S, Glassdoor, Provo , Utah, Jose , California, Santa Barbara , California, Texas, Boston, Massachusetts, Francisco , California, Gainesville, Florida, Washington, Salt Lake City , Utah, Diego , California, California, Jose, San Francisco, America, . New, New York
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