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6 mentions found


☆ Do inflation-proof jobs exist? Experts are 'skeptical'—it all depends 'on the circumstances'
  + stars: | 2023-09-21 | by ( Gili Malinsky | ) www.cnbc.com   time to read: +2 min
That's in part because wage growth hasn't been keeping up. According to Bankrate's analysis, however, three industries' wage growth outpaced inflation. That was retail, leisure and hospitality and accommodation and food services. Here's why they fared better than other industries and whether or not experts think, big picture, inflation-proof industries actually exist. But, at that point, workers didn't want to come back to retail, leisure and hospitality and accommodation and food services.
Persons: it's, Sarah Foster, Talent.com, Harry Holzer Organizations: CNBC, Bureau of Labor Statistics, BLS, Georgetown University, Brookings Locations: U.S
☆ I'm a millennial who's quitting my job because I'm overworked and underpaid — and feel underqualified to grow my career
  + stars: | 2023-04-13 | by ( Jason Lalljee | ) www.businessinsider.com   time to read: +5 min
A millennial working as a meat cutter told Insider he's underpaid and had no room for career growth. I've been a meat cutter at a grocery store since 2017. When I became a meat cutter, I thought there'd be more room for growth, that I might one day manage a department or be a director. On top of that, the compensation difference between a regular meat cutter and a manager is pretty minimal. That's in addition to constantly being floated from store to store to plug in staffing gaps.
☆ An employer says she caught a job seeker applying for a role with a ChatGPT cover letter, but it lacked personal information and cost them the job.
  + stars: | 2023-03-02 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +4 min
Mandy Tang said that a candidate applied for a role with an AI-generated cover letter. Tang said she isn't against the tech, but was shocked at the letter's lack of personal information. Although she hadn't requested a cover letter, the job seeker sent her one. She asked the chatbot to write her a cover letter based on the job description, and the results were "word-for-word the same." ChatGPT has proved popular with job seekers for its ability to write cover letters, with many users demonstrating the results on TikTok.
☆ Posting salaries is just the start for pay transparency—what experts say should come next
  + stars: | 2022-11-16 | by ( Jennifer Liu | ) www.cnbc.com   time to read: +3 min
Here's why hiring experts say listing salary ranges is really only the beginning of salary transparency efforts. Posting pay is 'not a one-time job'In a lot of ways, Nov. 1 was really just the start date for employers to kick off their salary transparency efforts. And second, a lot of people will be equipped with their salary bands going into annual reviews and raise season. Salary transparency "helps people typically underrepresented and underpaid to get a better leg up, but creates another problem of those who feel they should be compensated more, whether that's true or false, feeling like they should go someplace else. Following its pay transparency law, Colorado saw an uptick in people looking for jobs.
☆ Jobs that show salary ranges: Pay transparency and work culture
  + stars: | 2022-11-04 | by ( Angela Yang | Angela Yang Is An Intern For Nbc News Digital. | ) www.nbcnews.com   time to read: +8 min
Having focused on this work for nine years, she said what’s happening now with pay transparency will most likely mirror what has happened with remote work in recent years. But as the practice of pay transparency becomes more common and less of a novelty, choosing not to disclose salary ranges will be seen as out of the norm. Melanie Naranjo, who heads its "people team," said the company weighed common employer concerns before deciding that the benefits of salary transparency would outweigh any costs. He said listing salary ranges will help candidates better understand the value of their role, too. I think all of these future-of-work conversations are related, and a lot of these issues can be solved through pay transparency, but also pay flexibility.”
☆ New York City employers are now required to list salary ranges in their job posts. Here's how that will affect candidates and companies.
  + stars: | 2022-11-01 | by ( Sarah Jackson | ) www.businessinsider.com   time to read: +5 min
A new law takes effect today requiring most New York City employers to disclose salary ranges in job postings. A lot of New Yorkers are about to find out, as a new salary transparency law takes effect today in New York City. "Employers really want to start to think about how to create a salary range that reflects your current workforce," said Farrell Fritz employment attorney Domenique Camacho Moran. Employers found to be non-compliant will get a first warning, without a monetary penalty, and have 30 days to list salary ranges. Beyond New York, pay transparency legislation is taking hold in other parts of the country.
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