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Universum shared a new set of rankings about what US students said would be their ideal employers. 1 among business students. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe dream employers of US business students vary a lot based on new results from employer branding specialist Universum. Universum surveyed over 40,000 US students from September 2023 to April 2024 and put together rankings based on what students in different fields of study, such as business, chose as their ideal employers.
Persons: Universum, Organizations: JPMorgan Chase, Fidelity Investments, BlackRock, Service, Business Locations: Universum
AdvertisementIt's a rare admission from Altman, who has worked hard to cultivate an image of being relatively calm amid OpenAI's ongoing chaos. Safety team implosionOpenAI has been in full damage control mode following the exit of key employees working on AI safety. He said the safety team was left "struggling for compute, and it was getting harder and harder to get this crucial research done." Silenced employeesThe implosion of the safety team is a blow for Altman, who has been keen to show he's safety-conscious when it comes to developing super-intelligent AI. The usually reserved Altman even appeared to shade Google, which demoed new AI products the following day.
Persons: , Jan Leike, Ilya Sutskever, Sam Altman, Altman, Leike, Leopold Aschenbrenner, Pavel Izmailov, Daniel Kokotajlo, William Saunders, Cullen O'Keefe, Kokotajlo, Vox, OpenAI, Joe Rogan's, Neel Nanda, i've, Scarlett Johansson, OpenAI didn't Organizations: Service, Business, AGI
Two types of accounts can help you pay for medical costs and have tax benefits, but both also have possible downsides, two recently published reports found. The two are flexible spending accounts and health savings accounts — better known as F.S.A.s and H.S.A.s. Workers set aside a fixed amount of money each year to be deducted from their paycheck before taxes, reducing their taxable income while helping them pay for out-of-pocket medical costs. But if workers change employers, the account doesn’t move with them. money on eligible care or products, although many employers offer grace periods or the option to roll over some funds from one year to the next.
Organizations: Workers
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe FTC wants to give Americans the freedom to job-hop without pesky noncompete contracts getting in the way. The Federal Trade Commission voted 3-2 on Tuesday to approve a nationwide ban on noncompete agreements, the agency announced in a press release. The move could help American workers make $300 billion more a year, the FTC has previously said. Companies can keep existing contracts for some senior executives, but that will only affect about 0.75% of workers, the FTC said.
Persons: , pesky noncompete, Evan Starr, Lina M, Khan, Suzanne P, Clark Organizations: Service, Federal Trade Commission, FTC, Business, Employers, University of Maryland, New York Times, US, of Commerce, Commerce's, National Labor Relations Locations: California , Massachusetts, Illinois
But many people don't realize just how much of their insurance coverage is tied to their employment. Disability, life, health, dental, vision — all can evaporate quickly after a pink slip. Life insuranceAnother common employer-provided insurance is group life insurance, which pays out a death benefit if you die while employed. Similar to disability insurance, though, this group life insurance is contingent on your working at that company. That's why I highly recommend considering an individual life insurance policy.
Persons: it's, They're, It's, you've Organizations: Business, Healthcare
They shared the biggest red flags they see and what candidates should say instead. "Employers and interviewers are specifically trained not to ask questions around candidates' family or financial situation, so it's best not to bring it up," he said. Revealing that you don't have other job options could give potential employers a reason to lower your salary, he said. They'd often ask candidates problem-solving questions with three or four layers. AdvertisementDe Leo said the best candidates don't always give a classroom answer, but they can show their approach to a problem step-by-step.
Persons: , Maya Wald, you've, Wald, Matt Opramolla, Carter De Leo, De Leo, Bonnie Dilber, you'd, Chris Williams, Williams, Nolan, they'd Organizations: Service, Business, Google, Employers, Microsoft
These are the main aspects of working in Sweden that other cultures might find surprising. AdvertisementSupport for working parentsIn Sweden, parental leave has become an incubator for new ideas and people often change career direction during their leave. Being on leave gives you time to think with some distance from everyday life. I have been financially supported during my parental leave and as my children grow. Collective bargaining, another tenet of Swedish working culture, prioritizes employee needs and gives more power to the employee.
Persons: , Sofia Brandt, Ally, There's, they're VAB, I'd, wouldn't, that's Organizations: Service, Accenture, Business Locations: Gothenburg, Sweden, American, San Francisco, America
For Chipotle, it's the first stock split in the company's 30-year history, and its announcement echoed Walmart's. Both are hoping, through the availability of an employee stock purchase plan and financial education, they'll get more workers to invest. Chipotle, even further out on the market chart, has shares nearing $3,000 — its stock split is to be effective June 26. ESPP versus fractional sharesEven without a stock split, employees could have already purchased shares of their company, or at least fractional shares, through a brokerage account. Company stock and financial educationSplitting a stock and having a generous ESPP can only go so far when it comes to encouraging employees to buy the company stock.
Persons: they'll, Michael Kestenbaum, Chipotle, Dan Kapinos, Clemens Kownatzki, Aalap Shah, Pearl Meyer, SoFi, Kownatzki, Larry Fink, Kestenbaum Organizations: Walmart, Companies, West Coast, Google, Pepperdine Graziadio Business, Khan Academy, Lyra Health Partners, Bank of America, Employees Locations: Aon
Salaries for fully in-office roles are climbing in the United States. As of March 2024, hybrid roles pay $59,992 on average, in 2023, that number was $54,034, ZipRecruiter reports. Remote jobs now pay $75,327, but in 2023, they paid an average $69,107. Given how competitive the job market has been in recent months — especially for remote roles — Bui says it's a "fair trade-off." It's too soon to tell if higher salaries will be enough to convince people to choose an in-office job over a remote offer.
Persons: switchers, Johnny Bui, Bui, — Bui, it's, Julia Pollak, ZipRecruiter's, Pollak, It's Organizations: United States . Companies, CNBC, Visa, LinkedIn, Employees, Owl Labs, Employers Locations: United States, U.S, Austin , Texas
And now that they’re back, employers are having to address a new issue: some employees have forgotten how to behave in the office. The growing workplace etiquette business is just the latest example of companies’ efforts to adjust to the hybrid work era — ensuring that they have productive teams while keeping workers happy. It’s not just in-person trainings — office etiquette tips have become popular fodder for social media content, from TikTok videos to LinkedIn courses. Although workers in all stages of their careers can benefit from a workplace etiquette refresher, such training is especially important for Gen Z employees who are just starting out their careers, Chertoff said. “Soft skills are just as important or more important than the technical skills that you learn,” Chertoff said.
Persons: Anne Chertoff, ” Chertoff, you’re, Chertoff, It’s, ” Mary Knoeferl, Mary, , don’t Organizations: New, New York CNN Locations: New York
Workers say one top regret is staying at a job too long, according to a survey by Resume Now. More people said they regret staying too long at a job over quitting. Workers say they regret not taking action over their careers over acting too soon. It might be better to quit than continue sticking it out in hopes it'll improve. Conversely, only about two in five workers said they regret quitting a job.
Persons: , it'll, Debbie Sorensen, Sorensen Organizations: Workers, Service Locations: UK, Germany, France, Denver
That’s because more employers are providing fertility benefits to their workers, opening up the costly procedure to many more Americans. However, most employers place limits on IVF coverage. The share of employers providing fertility benefits has likely increased since 2022 for several reasons, said Julie Stich, the foundation’s vice president of educational content. Some employers are providing fertility coverage to prevent these situations. Alabama decisionDespite the Alabama ruling, employers are not likely to drop their fertility benefits since they are important for talent acquisition and retention, said Kate Ryder, founder and CEO of Maven Clinic, which works with employers and health plans to provide fertility and family building programs, among other services.
Persons: CNN —, it’s, Mercer, Julie Stich, “ There’s, , Stich, Kate Ryder, there’s, ” Ryder, Harvey Cotton Organizations: CNN, CNN — Alabama’s, International Foundation of Employee, of Columbia, Maven Clinic, Ropes & Gray Locations: Alabama
CNN —When Russian opposition leader Alexey Navalny returned to Russia in 2021, there were many who feared he would face an untimely end. The Kremlin has said it is investigating the critic’s death, the circumstances of which were not immediately clear. After his death, opposition leader Ilya Yashin said his friend had been working on a report about Russian troops and their involvement in Ukraine. Nemtsov’s death came two days before he was set to lead an opposition rally in the Russian capital. Alexander PerepilichnyyOver the years, suggestions have emerged of the possible use of a rare plant poison in the death of Russian financier Alexander Perepilichnyy.
Persons: Alexey Navalny, Vladimir Putin’s, , Navalny, Yegveny Prigozhin Yevgeny Prigozhin, Wagner, Reuters Yevgeny Prigozhin, , Bill Browder, “ Putin, ” Boris Nemtsov, Boris Nemtsov, Dmitry Korotayev, Boris Yeltsin, Ilya Yashin, Nemtsov, Vladimir Putin, Nemtsov’s, Boris Berezovsky Boris Berezovsky, Yelena Gorbunova, Peter Macdiarmid, Boris Berezovsky, Putin, Berezovsky, Alexander Perepilichnyy, CNN Alexander Perepilichnyy, Perepilichnyy, Sergei Magnitsky, ANDREY SMIRNOV, Magnitsky, Browder, Alexander Litvinenko Alexander Litvinenko, Natasja Weitsz, Alexander Litvinenko, Litvinenko –, Robert Owen, Putin “, Litvinenko, Marina Litvinenko, Anna Politkovskaya, JENS SCHLUETER, Lom, Ali Gaitukayev, Politkovskaya, Chechen Republic …, ” Drownings, Prigozhin, Gennady Lopyrev –, , Lopyrev, Pyotr Kucherenko, Pavel Antov, Vladimir Budanov, Budanov, Alexander Buzakov, Anatoly Gerashchenko, Ravil Maganov, Lukoil, Maganov “, Mikhail Khodorkovsky, Sergei Skripal, Skripal, Yulia Organizations: CNN, Putin’s United, , Kremlin, PMC Wagner, Reuters, Republican Party of Russia, Party, Newsweek, Royal Botanic, Getty Images, Hermitage Capital, KGB, Getty, Authorities, The, Protect Journalists, RIA Novosti, Russia’s, Science, Higher Education, Gazprom, Lukoil, Moscow Aviation Institute, TASS Locations: Russia, Vladimir Putin’s Russia, Putin’s United Russia, Ukraine, ” Boris Nemtsov Russian, Kremlin, Moscow, Russian, London's, England, Soviet Union, Britain, Surrey, London, Kew, American, Chechnya, Leipzig, Germany, AFP, The New York, Chechen Republic, Washington, Gelendzhik, , Cuba, India, United States
New York CNN —World events, work problems, illness, financial issues — there are plenty of unhappy stressors that can harm an employee’s mental health. The most common response was “the state of the world” (68%), followed by “your job” (48%), “your finances” (45%), “your personal life” (41%), “your physical health” (40%) and “your mental health” (37%). “Employees who are less comfortable talking about their mental health at work are more likely to report feeling burnout and their mental health suffering because of work in the past year,” NAMI said. In response, “nearly half of employers have conducted anti-stigma campaigns to help employees feel comfortable utilizing behavioral health services,” Mercer said in its analysis. Such training can teach direct managers, executives and individual contributors how to identify signs that someone may be struggling with a mental health problem.
Persons: , Barb Solish, NAMI, ” NAMI, , Mercer, ” Mercer, ” Solis Organizations: New, New York CNN, National Alliance, Mental, “ Employees, Employers, Mercer . Locations: New York, United States
It's never been easier to see how much a job will pay before you go into an interview. But once you have that information, how can you actually leverage pay ranges to negotiate a job offer? It's as simple as asking one straightforward question in a job interview, says Chanelle Howell, 31, a New York City-based recruiter who's interviewed hundreds while working for Goldman Sachs, Bridgewater Associates and through her own consulting company. She recently gave this example: Say you're interviewing for a position that states the salary range is $100,000 to $150,000. The key is to repeat these qualities throughout your interview, Howell says, to help build your case for why you're a star candidate.
Persons: It's, Chanelle Howell, who's, Goldman Sachs, Howell Organizations: D.C, Bridgewater Associates Locations: Washington, U.S, New York City
When Amber Steeves started working at Verizon almost 15 years ago, she did one of the best things you can do when you start a new job. Steeves started at Verizon right after college. This past December, Verizon announced it would begin offering 401(k) matching for student loan payments. "[It] still kind of doesn't feel real, even though I've signed up for it, I have it ready," she says. "I really can't put it into words because I've never heard of a company offering this type of benefit before."
Persons: Amber Steeves, Steeves, I've Organizations: Verizon, CNBC
Today, remote work has declined from its levels of the pandemic but is still – depending on how broadly one measures it – three to four times as prevalent as it was in 2019. And remote work tends to be dominated by higher-educated employees, with nearly 40% of those holding advanced degrees hybrid or fully remote. In early January, LinkedIn’s Global State of Remote and Hybrid Work study found that at its peak, in April of 2022, the share of job postings that offered remote work reached 20.3%. The more enduring feature of remote work is now hybrid.”There are also substantial differences within industry and among countries. “You’re moving to where the housing is cheaper.”Not that it is all rosy when it comes to remote work.
Persons: , Kory Kantenga, Sandra Moran, Julia Pollak, Nick Bunker, Layla O’Kane, Lightcast, Morris Davis, Andra Ghent, Jesse Gregory, ” Goldman Sachs, Boyer, Brad Case, “ That’s, Software’s Moran Organizations: LinkedIn, Workforce Software, LinkedIn’s Global, Labor Statistics, North, , Oxford University Press, Economic Studies, Rutgers University, Andra, University of Utah, University of Wisconsin, Ivory, Google, NASA, Middleburg Communities, Green Mountain Locations: U.S, Israel, Ghent, Real Estate, Santa Ana , California, LLC.org . New York, Huntsville , Alabama, Huntsville, Glendale , Arizona, Phoenix, Arlington , Texas, Dallas, Middleburg, San Francisco, New York, Charlotte, Raleigh , North Carolina, Orlando, Jacksonville , Florida, Houston, San Antonio , Texas, Florida, Texas, Vermont, Green Mountain State, California
The end of workplace loyalty
  + stars: | 2024-01-22 | by ( Aki Ito | ) www.businessinsider.com   time to read: +16 min
Do that, and you generate the kind of trust and loyalty that leads to high productivity and low turnover. A world in which the psychological contract is profoundly broken. In the three decades following World War II, as Rick Wartzman documents in his book " The End of Loyalty ," a booming economy made American companies rich. Today, disillusioned workers might assume that the norm of workplace loyalty was nothing but a capitalistic ruse, a way for companies to exploit their employees. But the new loyalty would recognize that employees have to uphold their end of the bargain.
Persons: I've, Gen Xers, Gen Zers, they'll, Rick Wartzman, Wartzman, Denise Rousseau, Rousseau, who's, Mark, , it's, I'm, he's, quitters, Nick Bloom, Stanford University who's, Anthony Klotz, Klotz, they're, It's, Aki Ito Organizations: Companies, Kodak, GE, Carnegie Mellon University, Stanford University, University College London, Employers, Business
At the White House, Jill Biden is leading a new initiative to boost federal government research into women's health. Most menopause care startups, including Midi, sell into enterprises to offer the service as a benefit to employees. US companies lose about $1.8 billion each year from workdays missed due to menopause symptoms, according to a Mayo Clinic estimate. While venture funding to women's health startups fell in 2023, according to CB Insights, startups tackling menopause symptoms surged ahead of the pack. Data shows these startups raised $230 million last year, making up a third of all funding to women's health startups.
Persons: hasn't, Semper, Joanna Strober, Sharon Meers, Goldman Sachs, It's, Drew Barrymore, Jennifer Aniston, tailwinds, Michelle Obama, Jill Biden, Biden, workdays Organizations: Business, Midi, GV, Google Ventures, Felicis, Houston, Hermann Health, CBS, McKinsey, White, Mayo Clinic Locations: Midi
The New York insurance company has struggled to find its footing for years. At the top of the list is this little-known Trump-era policy, which offered employers a new way to give workers health benefits. Oscar has struggled with deep lossesBertolini is the former CEO of the insurance company Aetna. The company raised its health plans' prices and renegotiated contracts with healthcare providers and vendors — including its pharmacy-benefit manager — to lower expenses. In the future, Oscar plans to design specific health plans that cater to those types of customers.
Persons: , Joshua Kushner, Mario Schlosser, Oscar, it's, Mark Bertolini, It's, Bertolini, Trump, Ari Gottlieb, Elijah Nouvelage, haven't Organizations: Service, Business, New, Morgan Healthcare, Aetna, Reuters, HRAs Locations: New York, ICHRAs
What to expect at work in 2024
  + stars: | 2024-01-02 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +7 min
Another recent survey by consulting firm Mercer found that employers expect to promote just under 10% of their employees this year. Expect, too, to see a wider variety of employers offer more financial wellness benefits in 2024. “After three years of turmoil it finally looks like [work from home] has stabilized and 2024 will look a lot like 2023. Employees who can work a hybrid schedule are generally working from home roughly 30% of the week (or about 1.5 days), Bloom noted. For example, someone with a busy work schedule may opt to take them via text or chat on their phone on a Sunday morning, he said.
Persons: WTW, Mercer, ” Mercer, Rich Fuerstenberg, Emily Rose McRae, ” McRae, McRae, , Nick Bloom, Bloom, Anthony Reynolds, Reynolds Organizations: New, New York CNN, Gartner Inc, , Stanford University, Employees Locations: New York
New York CNN —If you are in a 401(k) plan at work, you very likely have the option to invest in a so-called target date fund, which also may be called a retirement date fund or a lifecycle fund. At the end of 2020, the vast majority of plans (86%) offered target date funds, and 59% of 401(k) participants had money invested in one. Typically a target date fund is a “fund of funds” – meaning its portfolio is made up of both stock funds and bond funds selected by the manager. It is especially critical in your 50s to revisit your fund’s glide path to (and possibly after) the fund’s retirement date. “If you’re an overanalyzer or overthinker, or you don’t want to worry about it, target date funds are for you,” Sharick said.
Persons: Madison Sharick, Madi, Bryan Minogue, Minogue, fund’s, Sharick, Stacy Miller, ” Miller, “ it’s, , ” Sharick Organizations: New, New York CNN, Research Institute, Kardinal Locations: New York, U.S, Tampa , Florida
It's common for workers to not know what their employer's FSA rules are. Stock up on over-the-counter medications The CARES Act of March 2020 removed prescription requirements to use FSA funds for many over-the-counter medicines. Buy certain skin care products You can use your FSA savings for eczema-approved creams and lotions. Plan ahead for a new baby New and expectant parents can use their FSA funds for baby products such as diaper rash cream, baby breathing monitors and baby sunscreen. How to use FSA funds wisely
Persons: Tom Werner, Digitalvision, Carolyn McClanahan, Jake Spiegel, you've Organizations: Getty, Planning Partners, CNBC's, Research, CNBC, Invest, Garmin, IRS Locations: Jacksonville , Florida
But for anyone who doesn’t have emergency savings, or who has student loans to pay or who is a long-term part-time worker, that challenge is especially hard. Making student loan payments could help boost your 401(k)Paying off student loans can put a crimp in how much someone can save for retirement. That way, the employee can accrue retirement savings even if they aren’t able to make significant contributions themselves. Boosting emergency savings and access to fundsSecure 2.0 includes two provisions that pertain to emergency savings. That means in 2025, any part-timer who has logged 500 years annually in 2023 and 2024 would be eligible to start saving in their employer’s 401(k) and would be eligible for the employer match.
Persons: Brian Graff, Graff, Gen Xers, NIRS, Organizations: New, New York CNN, American Retirement Association, National Institute on Retirement Security, Boomers, ARA, Employees, Secure Locations: New York
[1/3] Polish trucks are parked as they block crossings at the Ukrainian border near the village of Hrebenne, Poland November 19, 2023. The Polish hauliers' central demand is to stop Ukrainian truckers having permit-free access to the EU, something that Kyiv and Brussels say is impossible. Jan Buczek, head of Poland's main trucker business association, said Kyiv was showing no readiness to compromise and was creating obstacles for EU truckers operating in Ukraine. POLISH POLITICAL TRANSITIONThe Polish truckers say they will continue protesting until their demands are met and want more engagement from politicians from Poland's main political parties. The Federation of Employers of Ukraine, an industry lobby group, has estimated direct losses to the economy at around 400 million euros ($437 million).
Persons: Yan, hauliers, Taras Kachka, Kachka, it's, Vitaliy Vavryshchuk, Taras Vysotskiy, Serhiy Derkach, Derkach, Jan Buczek, Donald Tusk, Kromberg, Schubert, Olena Makarchuk, Karol Badohal, Alan Charlish, Mike Collett Organizations: REUTERS, Union, Reuters, EU, Justice, Federation, Employers of, Thomson Locations: Ukrainian, Hrebenne, Poland, Ukraine, KYIV, Kyiv, Brussels, Goods, Slovakia, Hungary, Romania, Moldova, Ukraine's Zhytomyr, Employers of Ukraine, Warsaw
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