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Between his own business success and his investments in hundreds of startups, Mark Cuban knows what it takes to be highly successful. There's one trait you should cultivate above all others if you want to be successful too, he says. "The one thing in life you can control is your effort," Cuban, 64, recently said in a LinkedIn video post published by entrepreneur and VC investor Randall Kaplan. And 29% of company executives worldwide think employees who don't go the extra mile won't be successful and risk being fired, Payscale's 2023 Compensation Best Practices Report found. DON'T MISS: Want to be smarter and more successful with your money, work & life?
Persons: Mark Cuban, Randall Kaplan, aren't, Cuban, doesn't, Lexi Clarke, It's, it's, that's, Warren Buffett Organizations: Entrepreneurs, CNBC Locations: U.S, Cuban
A souring economic picture is driving fewer people to quit, but they may end up quiet quitting instead. (Payscale did not ask about quitting rates prior to Covid.) Most employers think pay is the biggest reason causing people to quit, especially in an inflationary environment, followed by limited opportunities to advance, according to the Payscale report. A majority, 56%, say they're planning raises of at least 3% this year, up from 53% last year and 36% in 2021, according to Payscale. And those planned raises will do little to stand up against inflation, which sits at 6.4% as of January.
2022 was a year of high quit rates, not to mention "quiet quitting" and "acting your wage." A new report from Payscale shows the 20 jobs people seem most likely to leave now or in the near future. High quit rates persisted from the Great Resignation that began last year, and quiet quitting and acting your wage piled on. But the quitting wave isn't over yet for these workers: An end-of-year jobs report from salary comparison site Payscale identified 20 jobs people are most likely to quit. Workers who remain in these positions (for now) are dissatisfied, and are likely to be 'quiet quitting.'"
The wave of recent layoffs, particularly in tech, has stoked fears of a possible recession in 2023. A new Payscale report identified 20 jobs that appear well-positioned to weather a potential downturn, based on wage growth. The list includes a mix of blue- and white-collar jobs, including some employees reporting pay up 30% from last year. However, some jobs look better-positioned to make it through a possible downtown, and a new report from Payscale reveals just which ones. The salary comparison site identified the top 20 recession-proof jobs based on wage growth in 2022 compared to previous years.
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