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☆ A teacher who took a pay cut of over $80,000 after moving from California to Florida explains the struggles teachers face, and what she wishes people knew about the job
▼ + stars: | 2023-11-04 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

A teacher was making six figures in her previous teaching job in California. She talks about teachers' pay and what she wishes students and parents knew about teaching. AdvertisementAdvertisementSarah loved her six-figure teaching job and the school she was working for in California. "I think school districts and states who make the rules on teacher pay do not fully understand how important that is to retaining teachers." And I think the kids think, well, they gave me a bad grade and they don't like me.

Persons: —, Sarah, she'd, Sarah —, she's, Sylvia Allegretto, would've, we're, That's Organizations: Service, Center for Economic, Policy Research, Economic, Institute Locations: California, Florida

☆ 2 remote workers explain how to fight burnout while working from home
▼ + stars: | 2023-10-22 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

There are different things workers can do if they are feeling burned out while working from home. All of these different ways to get ready for the work day have helped Couse with her self-described work-from-home fatigue. Carpineto and Couse shared several tips about working remotely and alleviating burnout, based on their experiences. Workers also should still make an effort to get ready for the day even if they are working from home, she said. AdvertisementAdvertisementOverall, there are a few different things remote workers can do.

Persons: —, Couse's, Couse, Gleb Tsipursky, Tsipursky, Sherri Carpineto, Sherri Carpineto Sherri Carpineto, Carpineto, doesn't, you'd Organizations: Service, Workers, COVID Locations: Indiana, mhoff@insider.com

☆ A teacher who spent over $4,000 of her own money to outfit her classroom explains why funding from schools for supplies just isn't enough
▼ + stars: | 2023-10-19 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

Nicole, a third-grade teacher, believes teachers need more money from schools for supplies and materials. Based on documentation shared with Insider, Nicole had spent a minimum of $4,000 of her own money on classroom materials and supplies since 2019. "Teachers said the median classroom school supply budget during the 2022-2023 school year was $200," a post about the results on AdoptAClassroom.org said. Nicole said that if teachers only spent the money given to them, "it would make our lives very difficult." AdvertisementAdvertisement"I think based on the amount of money teachers spend each year on supplies, resources, etc., school districts should provide teachers with more money," Nicole told Insider.

Persons: Nicole, —, AdoptAClassroom.org, Sylvia Allegretto, Allegretto, That's Organizations: Service, school's, Center for Economic, Policy Research, Economic Policy Institute Locations: New York

☆ A childcare center founder explains what she learned after 3 decades and why it's so hard to make the business work
▼ + stars: | 2023-10-15 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

After three decades, Julie Clark recently sold CAST Preschool and Childcare Center in Connecticut. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementJulie Clark, the cofounder of the CAST Preschool and Childcare Center in Woodbury, Connecticut, said her "goal was really to form a community, not just a school." After more than 30 years, Clark sold her childcare center this past summer. It's hard for centers to find staffSome teachers had worked for CAST Preschool and Childcare Center for at least 15 years.

Persons: Julie Clark, Clark, could've, —, I've, Allison Robinson, Robinson, We've, Julie Kashen Organizations: CAST, Service, Department of Labor, The Century Foundation, Labor Statistics Locations: Connecticut, Woodbury , Connecticut

☆ The pay penalty for becoming a teacher is worse than ever
▼ + stars: | 2023-10-13 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

A recent report highlighted the pay penalty between teachers and college graduates in other roles. The author found this pay penalty was at a record in 2022 when controlling for education and other factors. There's also a total compensation penalty for teachers when factoring in benefits like healthcare and retirement plans. Before the pandemic, the total compensation penalty was 10.2% in 2019 — with a benefits advantage of 9.0% and a wage penalty of 19.2%. At the same time teachers face a pay penalty, many use what they make to buy supplies and other items for their classrooms.

Persons: —, Sylvia Allegretto, Alana Ward, NPR's Michel Martin, COVID, we're, Allegretto, Kuehne Organizations: Service, Center for Economic, Policy Research, Economic Policy Institute, Survey, McKinsey

☆ How a millennial who quit her 9-to-5 job now has her former employer as a client — and makes more money
▼ + stars: | 2023-10-09 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

After Selene Da Silva left her job to be an independent worker, she took on her employer as a client. Today, she's earning more than her salary at the hotel company, which Insider verified through documentation, and fulfilled her lifelong goal of being her own boss. Being a strong performer is one important attribute for someone hoping to turn a past employer into a client, Diamond said. AdvertisementAdvertisementYour freelance or independent work doesn't have to be a big mystery before leaving a 9-to-5. Overall, Da Silva thinks there are benefits for not only the people seeking out contract work but for prospective employers, too.

Persons: Selene Da Silva, —, Da Silva, Selene, it's, Trisha Diamond, Da, Diamond, you've Organizations: Service, Selene Art Locations: Venezuela

Some childcare operators told Insider the end of pandemic-era funding could make the problem worse. To keep the doors open at her Southampton Township, New Jersey, childcare center, she needs to find new clients or new funding. Jackson is just one of many providers across the US entering a period of uncertainty after a pandemic-era infusion of federal childcare funding ran out at the end of last month. That funding expired on Saturday, along with $13.5 billion in childcare funding from other pandemic-era legislation. She added: "What we're likely to see is childcare providers doing everything they can to continue to operate.

Persons: —, Jackson, Patti Smith, Joe Biden's, they'd, Allyx Schiavone, Lauren Bauer, Molly Kinder, Julie Kashen, Kashen, Schiavone, Cristi Carman, they're, Carman, Shannon Hampson, Hampson, we're, Rep, Katherine Clark, Julia Pollak, ZipRecruiter, there's, Grant Organizations: Service, Greenway, National Association for, Education of Young Children, Rescue, Friends Center for Children, American Progress, Brookings Institution, The Century Foundation, Care, American Locations: Southampton Township , New Jersey, Maryland, Lincoln , Nebraska

☆ Gen Z loneliness is so bad that some young adults are spending thousands trying to make friends through gym memberships and social clubs
▼ + stars: | 2023-09-25 | by ( Noah Sheidlower | Madison Hoff | ) www.businessinsider.com time to read: +10 min

In search of connection, young people are spending on gym memberships, social clubs, and art classes. Most said they spend more on social activities than pre-pandemic. All but three said they're spending more money now than they were before the pandemic on social activities such as art classes and gym memberships to make friends. The software engineer said he's increased his investment in social activities after struggling to make friends at work. Other Gen Zers told Insider they made connections through free gallery events, volunteering, and joining book clubs.

Persons: Zers, Lynette Ban, she's, Ban, Vivek Murthy, Richard Weissbourd, Weissbourd, Murthy, Rachael, Matt Schulz, William Cabell, Cabell, he's, Cabell isn't, Kazerouni, Kelly Lohr, —, Barley Vogel, there's, Rebecca Schweiger, Schweiger, Noureen Shallwani, Shallwani, Gen Zers, Zers don't, Lillian Lema, Bumble BFF, Lillian Lema Lema, BFF, She's, Margaux Duvall, Duvall, Alexandra York Organizations: Service, Soho House, Harvard Graduate School of Education, IRL, SEC, Studio Arts Dallas, Studio, The, Facebook Locations: Wall, Silicon, New York, Austin, Italy, Richmond , Virginia, Soho, Soho House's New York, Philadelphia, Maine, Portland , Maine, Ohio, Denver, nsheidlower@insider.com

☆ The top economist at EY thinks the US economy faces a 'trifecta' of threats that could make Americans stop shopping and cause a slowdown
▼ + stars: | 2023-09-25 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

EY chief economist Gregory Daco thinks "consumers are becoming more conservative with their spending." Coming up is another headwind: the restart of federal student-loan payments. The different economic threats means consumer spending growth may not be so hot next year, as consumers are already reducing their spending. Other economists have pointed out how the upcoming student-loan payment restart will have an impact on the economy. Have you changed your spending habits or are you spending less on certain items given the restart of student-loan payments, fewer savings, and other factors?

Persons: Gregory Daco, Taylor Swift, it's, Daco, Torsten Sløk, NYU Stern, David Kelly Organizations: Service, Consumer, Bureau of Labor Statistics, BLS, NYU, Morgan Asset Management, AAA, CNBC Locations: Wall, Silicon, American, —, mhoff@insider.com

☆ Hybrid work might not be the dream scenario for all workers
▼ + stars: | 2023-09-21 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

A higher share of hybrid workers are stressed or burned out in the past year than fully remote workers, Deloitte found. The recently shared results from the Deloitte survey to Insider were based on nearly 240 fully remote workers, around 350 hybrid workers, and about 460 fully in-person workers and was conducted in April. Just over a third of hybrid workers also felt they didn't really have enough time for wellness, while almost a quarter of fully remote workers felt like this. A quarter of hybrid workers said they felt disconnected from their on-site colleagues compared to 13% of fully remote workers. Similarly, almost a quarter of hybrid workers felt there was ineffective collaboration happening compared to 9% of fully remote workers.

Persons: Deloitte's Jana Arbanas, they're, Jana Arbanas, Arbanas, They've Organizations: Deloitte, Service, US Telecom, Media, Entertainment, Consumer Survey Locations: Wall, Silicon, mhoff@insider.com

☆ Under-the-radar burnout is crushing America's managers
▼ + stars: | 2023-09-09 | by ( Noah Sheidlower | Madison Hoff | ) www.businessinsider.com time to read: +6 min

A higher share of managers are looking for new roles than non-managers, Gallup found. This comes at a time when, overall, managers are experiencing higher levels of burnout and disengagement than their staff, the Gallup post said. "For many managers, they are being asked to communicate and enforce requirements that they personally may not prefer." AdvertisementAdvertisementAdditionally, compared to their staff, managers are more likely to be looking for a job, Gallup found. Managers are also more likely to feel like their organization cares little about their wellbeing, Gallup found.

Persons: Gallup, Gallup's Heather Barrett, Nela Richardson, Richardson, Heather Barrett, Barrett, — Organizations: Service, Gallup, Fortune, Companies, ADP, ADP Research Institute, ADP Research Locations: Wall, Silicon

☆ Bosses are tracking how long you're working — and using it to judge your performance. It's a terrible way to get the best out of workers.
▼ + stars: | 2023-09-07 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Many companies with remote or hybrid workforces use tracking software to monitor their workers. An MIT lecturer said tracking hours wasn't a good productivity measure. As office attendance and productivity tracking become increasingly common, more companies are using it to evaluate, discipline, and even fire employees. About three-quarters of respondents in the ResumeBuilder.com survey said they had fired employees based on findings from their tracking software. But if US companies are truly concerned about maximizing their employees' productivity, some of them may be doing it all wrong.

Persons: —, they're, Slack, Aaron Terrazas, Terrazas, Robert C, Pozen, Paul Rubenstein, Rubenstein, Stacie Haller Organizations: MIT, Service, Tech, Meta, Employees, MIT Sloan School of Management Locations: Wall, Silicon

☆ Companies are shuffling people around more than they were a year ago. Here's how to know what your reassignment really means.
▼ + stars: | 2023-09-01 | by ( Madison Hoff | Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

Experts say a reassignment is often a good sign and may mean a company wants to keep you. Challenger told Insider that over the past few years, companies focused on reassigning workers internally because it was hard to find replacements amid the labor shortage. AdvertisementAdvertisement"It's usually a company saying, 'Hey, we don't have this role anymore, but we want to keep you,'" Challenger told Insider. "Just the act of reassignment does not signal that a company wants you gone," Julia Pollak, the chief economist at ZipRecruiter, told Insider. Yolanda M. Owens, a career coach who works with platforms like the Muse, told Insider by email that companies can also use reassignments to keep the power dynamics in their favor.

Persons: Andy Challenger, they've, Julia Pollak, Pollak, Yolanda M, Owens, Challenger, " Pollak Organizations: Service, Street Journal, Challenger, Research Locations: Wall, Silicon

☆ No one can agree on whether remote work is making employees more productive
▼ + stars: | 2023-08-30 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

A report from Goldman Sachs shows studies on remote work have had different conclusions. Results from different research studies don't seem to agree on what remote working means for productivity, a recent report from Goldman Sachs shows. AdvertisementAdvertisementThe different research cited in the report had different study designs. call centers) tended to find positive impacts of remote work," the report said. As studies examine the productivity gains — or losses — of remote work, people have been asked to make the trip back to the office.

Persons: Goldman Sachs, Jose Maria Barrero, Nicholas Bloom, Steven J, Davis, Grace Lordan Organizations: Service, London School of Economics Locations: Wall, Silicon

☆ Cost of living in 10 of Florida's major cities, ranked cheapest to most expensive
▼ + stars: | 2023-08-27 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

Miami-Dade County is the most expensive urban area in Florida among the 10 places on the list. A composite index of 100 for a city means its cost living is equal to the national average. AdvertisementAdvertisementBelow is how expensive it can be to live in 10 urban areas in the Sunshine State. We also included some of the average prices of goods and services for the first quarter of this year. Did you move to one of these Florida places for the cost of living or did you decide to move out of Florida?

Persons: C2ER Organizations: Miami, Council for Community, Economic, Service, Sunshine State Locations: Dade County, Florida, Wall, Silicon, Sunshine, Manhattan , New York

☆ Working in an office full time is a no-go for some people who desperately want remote work
▼ + stars: | 2023-08-24 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

Working adults or job seekers tend to prefer remote work over being in the office full time, per Bankrate. New survey results from Bankrate found 64% of US adults who are part of the workforce are in favor of fully remote work instead of work done all in person. AdvertisementAdvertisementOne person who is in a new fully remote position had previously been working remotely as an ad tech contractor. "I think fully remote work is going to be tough for them to find," Pozen said. AdvertisementAdvertisementAre you thinking about switching jobs or have already quit because of return to office requirements or a desire for flexible work?

Persons: Bankrate, YouGov, Mark Hamrick, it's, Robert C, Hamrick, Pozen, Paul Rubenstein, Visier, you've, Rubenstein, Robert Half Organizations: Service, MIT Sloan School of Management, Workers Locations: Wall, Silicon, Bankrate

☆ 5 major companies explain how they've designed their hybrid-work policies
▼ + stars: | 2023-08-13 | by ( Madison Hoff | ) www.businessinsider.com time to read: +9 min

Based on five companies' responses, hybrid work is thriving right now. The spokesperson noted that the company believes both hybrid work and flexibility aren't going anywhere. EYOutside of the tech sector, companies are also prioritizing hybrid work. Still, Giampietro noted the challenge of hybrid work for meeting with clients, as some of "those clients may not be in as frequently or may not want us in as frequently." Reach out to this reporter at mhoff@insider.com to share your story and how you feel about your company's current remote, hybrid, or in-person work policy.

Persons: Yahoo Finance's Daniel Howley, We've, Ryan Lamont, Lamont, we're, Fiona Cicconi, Chris Schmidt, Schmidt, Frank Giampietro, EY, Giampietro, McKinsey & Company Katy George, George Organizations: Microsoft, Service, Gallup, IBM, Google, Microsoft Microsoft, Yahoo, Google Google, Street, Alphabet Workers, Alphabet Workers Union, CWA, McKinsey & Company, McKinsey Locations: Wall, Silicon, New York City, Americas

Americans held over $1 trillion in credit card debt in the second quarter of 2023, a new record. The rise in credit card debt helped push total household debt to a record-high $17.06 trillion. For the last seven quarters, credit card balances have grown year over year amid strong consumer spending despite high prices. Despite these record-high credit card balances, there are some silver linings. Are you dealing with an untenable amount of credit card debt, or worried about student loan payments restarting?

Persons: Bankrate, Courtney Alev, Alev, Donald Trump, Joe Biden, Biden, Ted Rossman, Rossman Organizations: Federal Reserve Bank of New, Service, Privacy, New York Fed, Credit Karma, Fed, Consumer Financial, Bureau, Education Department, New, jkaplan Locations: Federal Reserve Bank of New York, Wall, Silicon, It's, York

☆ Workers at risk of AI radically changing their jobs aren't too worried about it
▼ + stars: | 2023-07-30 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

A Pew Research Center analysis highlights the degree to which jobs, industries, and workers might be exposed to AI. More exposure for jobs means AI "can either perform their most important activities entirely or help with them" per the report. This was used to figure out the degree in which different kinds of activities and jobs are exposed to artificial intelligence. Overall, almost a quarter of US workers were in the least exposed jobs in 2022 per the report. That's slightly higher than the 19% of workers in jobs that are considered most exposed to AI.

Persons: Rakesh Kochhar, Pew, Kochhar, Sam Altman, Jobs Organizations: Pew Research, Service, Pew Research Center, Pew, realtors, McKinsey Locations: Wall, Silicon

☆ Meet a lawyer who turned a pandemic-era freelance gig into his full-time work, travels the world, and has already made more than $100,000 this year
▼ + stars: | 2023-07-23 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

Derrick Morgan Jr. turned his freelance work while working at a law firm into a full-time gig. Morgan lands freelance work through the freelance-site Fiverr, where his starting price for different trademark services vary. Additionally, he has his own full-service law firm, but didn't disclose how much money he makes from this to Insider. He actually got started in trademark-attorney work during the pandemic while working for a law firm. "I would take three international trips a year just because I had the flexibility with my law firm," he said.

Persons: Derrick Morgan Jr, he's, Morgan, I've, —, Fiverr, Selina Organizations: Service, — Locations: Wall, Silicon, Europe, Hungary, Croatia, Monaco, Italy, Iceland, Mexico City, Chicago, Asia, Fiverr

☆ Remote-working parents with young kids are fleeing cities to get more bang for their buck
▼ + stars: | 2023-07-18 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +5 min

Parents with children under 5 are shunning big cities faster than everyone else. But the flight of young parents and a shrinking population might mean cities have to compete to keep you. A new report from the Economic Innovation Group, or EIG, found that families with young kids are shunning big cities. That created a nexus of families with young children just outside of cities, what the report calls a "donut effect." But for cities that are shedding young families but still hold allure, like New York, the reshaping might be more of a rethinking of their value proposition.

Persons: Connor O'Brien, weren't, O'Brien, would've, what's, Eliza Relman Organizations: Service, Economic Innovation Group, jkaplan Locations: Wall, Silicon, Florida, EIG, Carolinas, New York, Los Angeles

☆ How a millennial who quit her job rather than return to in-person work ended up thriving as a freelancer
▼ + stars: | 2023-07-15 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

Rachel Dunlop works from her condo in Canada as a freelancer, after leaving a job without another one lined up. She loves working with clients in different fields and being able to work when she's most productive. She quit during 2021 for various reasons, including the likely return to office, without another job to move on to. This isn't the first time Dunlop has tried freelance work though. She said she did some freelance work from mid-2013 to mid-2014, but said "at that time, it was not for me at all."

Persons: Rachel Dunlop, Dunlop, Rachel Dunlop doesn't, She's, haven't Organizations: Service Locations: Canada, Wall, Silicon, Toronto, Fiverr

☆ A dumpster-diving millennial cut her grocery bill to about $45 a month on average for the last 4 months
▼ + stars: | 2023-07-09 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

Millennial Julia Pak, who lives in Canada, has been dumpster diving on and off since she was a teen. She spent an average of about 60 Canadian dollars or about $45 on food and drinks in the last four months. That bill was roughly 14 Canadian dollars in June, or about $10. And a mom who has done dumpster diving with her daughter said in an as-told-to essay for Insider that "the hardest part of dumpster diving is seeing the waste." She advises other people who want to try out dumpster diving to go at night like she does.

Persons: Julia Pak, Pak, Pak didn't, I'm, Kit Kat, Pak doesn't, Pak's, Julia Pak Pak, doesn't, she's Organizations: Service, Chain Management, Pak Locations: Canada, Wall, Silicon, Toronto, KOHO

☆ If you'd rather quit your job than return to the office, there are still plenty of remote opportunities out there
▼ + stars: | 2023-06-29 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

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

☆ Parents are struggling at work or quitting altogether because of the childcare crisis. This map shows how bad it is for families in every state.
▼ + stars: | 2023-06-18 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +6 min

A new report from the Annie E. Casey Foundation finds that childcare is weighing on parents' jobs. BLS data shows many employed people miss work because of childcare issues. Those job changes, per the report, "include quitting a job, not taking a job or greatly changing a job in the previous year." An analysis by economist Clive R. Belfield estimated that, roughly, inadequate childcare costs the US $122 billion annually, with $78 billion of that loss coming from parental income. Did you have to quit your job, reduce your work hours, or make another job change because of childcare issues?

Persons: Annie E, —, that's, AECF, Lisa Hamilton, Hamilton, Rachel, Clive R, Patty Murray Organizations: Casey Foundation, Service, National Survey of Children's, US Women's Bureau, Department of Labor, DC, Center for American, Bureau, Labor, Survey, jkaplan Locations: Washington, Arizona, North Carolina, Vermont, , Nebraska, DC, Massachusetts, Connecticut

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