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☆ How NYC's pay transparency law could help millions across the U.S. earn more money
▼ + stars: | 2022-11-04 | by ( Jennifer Liu | ) www.cnbc.com time to read: +7 min

A new pay transparency law is now in effect in New York City, and it's set to help millions of workers across the U.S. earn more money. It could also make sense for companies to publicize pay ranges on all jobs if they plan to allow any work to be done remotely. The law's start date was delayed from the spring after fierce opposition from New York City business groups. Starting January 2023, states including California, Rhode Island and Washington will require companies to list salary ranges in job ads. jobs.citi.comThe problem with basing salary ranges for a current listing on what people previously made is that it could be outdated.

☆ How wide should a salary range be? Businesses and workers don't agree
▼ + stars: | 2022-11-04 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

New York City businesses and workers are clashing over what's considered an acceptable salary range. As of Tuesday, employers hiring in NYC must list the minimum and maximum pay range on all of their job ads. Who's responsible for figuring out 'good faith' rangesWhile the process of determining and publishing good faith ranges falls on employers, whether it's actually an acceptable one is playing out in the court of public opinion. On Tuesday, she began a Twitter thread of companies' pay ranges on openings, like a $50,000 to $145,000 range on a tech reporter role. But it's up to investigators to show a salary range isn't in good faith — not on companies to prove it is.

☆ What Amazon, Google and other top companies are paying in NYC
▼ + stars: | 2022-11-04 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

New York City's new pay transparency law went into effect on Nov. 1, which means that jobseekers — and anyone else who's curious — can find out how much money some of the top companies in the world are offering their employees. Under the law, businesses hiring in New York City must publish "good faith" salary ranges that include minimum and maximum pay for all job postings, promotions and transfer opportunities. While some major companies began including their pay ranges on job postings prior to the Nov. 1 deadline, other employers appear to have stalled or seem to be testing the "good faith" part of the law by posting what many workers see as overly broad salary ranges. For instance, the minimum and maximum base salaries for a business planning lead job at Google are almost $100,000 apart. Here's a sampling of what some of the top companies in New York City are offering to pay new employees, as of Friday morning:

☆ $2 million ranges, deleted job posts: NYC's salary transparency law is off to a rocky start
▼ + stars: | 2022-11-03 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Still, a revised entry for a post for a client services officer listed the salary range between $61,710 and $155,290 as of Wednesday, before it was taken down. A Citi respresentative tells CNBC Make It the company "is proactively reviewing all job postings to ensure the correct salary range is listed" and has "temporarily unposted select job postings and will repost when the salary range is confirmed." Employers test what it means to list a 'good faith' rangeThe law specifically states businesses hiring in New York City must post a "good faith salary range" for every job, promotion or transfer opportunity. But it's up to investigators to show a salary range isn't in good faith — not on companies to prove it is. The spirit of the law is to create transparency, and any company having large salary ranges like that doesn't create any transparency."

☆ Hiring is still booming in some industries, but falling in others—and job seekers are worried
▼ + stars: | 2022-11-02 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

The job market remains stronger than expected despite ongoing recession fears and seemingly constant news of mass layoffs. Job openings rose to 10.7 million in September, according to the Department of Labor's latest Job Openings and Labor Turnover Survey, after a dip in August that economists said could kick off a downturn in the labor market. But there are still nearly two job openings for every available worker. One the one hand, the health-care industry is "growing by leaps and bounds" with more than 2 million job openings. "Huge companies are winning the war for talent and consolidating the labor market, with mid-sized companies unable to compete," Pollak says.

☆ 'The more transparency, the better': How NYC job seekers say visible pay ranges will help them
▼ + stars: | 2022-11-01 | by ( Jennifer Liu | ) www.cnbc.com time to read: +9 min

CNBC Make It wants to hear from workers in New York City who will be impacted by the city's new salary transparency law. Once salary numbers are out, job seekers say public ranges will help them focus on applying to jobs that actually pay what they want — saving them time and anguish of finding out during interviews that the pay is too low. Job seekers say employer fears of losing applicants are overblownMany businesses that oppose the new law say that if they're required to list their pay ranges, competitors can outbid them and scoop up talent, especially in today's tight market. Job seekers say those concerns are overblown. Businesses should be more concerned about how not being transparent could put them on the outs with job seekers, she says.

☆ Salary ranges are coming to NYC job ads on Nov. 1—here's what to know
▼ + stars: | 2022-10-31 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

Experts say legislation that promotes salary transparency from the employer's side is key to closing racial and gender wage gaps. What the law requiresThe law specifically states that beginning Nov. 1, "employers advertising jobs in New York City must include a good faith salary range for every job, promotion, and transfer opportunity advertised." It covers job ads calling for full- or part-time employees, interns, domestic workers, independent contractors or any other category of worker protected by the New York City Human Rights Law. What to expect on Nov. 1Some major companies began including their pay ranges on job ads prior to the Nov. 1 deadline. If a company isn't complying with the law, job seekers and workers can file complaints or leave an anonymous tip with the city's Commission on Human Rights, which may initiate an investigation.

A relic of pre-pandemic days is making its return to the workplace: the office cold. With people returning to workplaces amid relaxing Covid protocols, poor Covid-19 booster uptake and cold and flu season on the way, the office bug is making an unwelcome comeback. Cold, flu, Covid cases could be serious this winterThere are already hints that this year's cold and flu season could be bad: On Oct. 14, the CDC reported early increases in seasonal flu activity. Still, "there's more pressure to get people in, and it's hitting at the same time as cold and flu and RSV season." Working while sick does everyone a disserviceShowing up to work sick, or even powering through from home, can be damaging on a number of levels.

☆ Should you WFH or take a sick day? What to consider this cold, flu and Covid season
▼ + stars: | 2022-10-23 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

There are already hints that this year's cold and flu season could be bad: The CDC reported early increases in seasonal flu activity, and anecdotally, people are letting their Covid precautions slip and showing up to work sick anyway. If your second at-home test is negative, or if you complete a PCR test that's negative, then you likely don't have Covid, but you could still have another respiratory virus or infection. "You're going to be the best judge as to whether that's a work-from-home day or you can completely sign off." And if a full day off is in order, discuss how you'll be more productive and engaged after you've rested. Yes, you can WFH if your colleague keeps showing up sickNayyar says it's up to managers to model good behavior to stay home while sick.

☆ CEOs are preparing for a recession. Their plans could backfire
▼ + stars: | 2022-10-20 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

A vast majority of CEOs believe we're headed toward a recession and are cutting staff, sustainability efforts and diversity budgets to prepare for a downturn. Some 91% of U.S. CEOs are "convinced" a recession is on its way in the next 12 months, according to a KPMG survey of 1,325 CEOs between July 12 and August 24, 2022. And the top ways they're preparing for a downturn are to pause or reconsider efforts around ESG — or environmental, social and governance (59%) — and downsize their employee base (51%). What's more, cuts to ESG initiatives that customers and employees like — ones that prioritize sustainability, diversity and social progress — could backfire in the long run. Knopp says CEOs should be strategic in their cuts and be prepared for another quick rebound by mid-2023.

☆ How Gen Z is rewriting dating, marriage and family plans for their 20s: 'I have so much stuff I have to worry about'
▼ + stars: | 2022-10-18 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

It's an interesting trend for today's Gen Z students who are short-term anxious but long-term confident about their work and lives, says Christine Cruzvergara, chief education strategy officer at Handshake, the job-search platform for college students. Pragmatic goals around career, self-discovery and funSome Gen Zers are trading traditional life milestone goals for ones they have more control over. Speaking as a recent grad, Jade Walters agrees that taking control of her career means de-prioritizing other life goals. The 23-year-old is a Howard University grad who in her final months of school launched the Ninth Semester, an early-career resource for Gen Z professionals. Jade Walters, 23, works a corporate job in Chicago and runs the Ninth Semester, an early-career resource for Gen Z professionals.

☆ Workers at these 15 companies are happiest with their pay, says a new report—here’s why
▼ + stars: | 2022-10-14 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

California-based tech giants dominate the list of companies where workers feel most satisfied with their pay, according to Comparably's sixth annual report based on employee reviews. 1, Adobe employees report being happy with their compensation across pay, benefits, bonus structures, equity and more. 4 Microsoft said that beginning July 1, it would nearly double its budget for employee salary increases and boost stock compensation to help workers cope with inflation. Top companies have also been able to persevere through a volatile stock market. "The biggest trend we see is that as the overall stock market has been affected, so too does people's perspective of their compensation," Nazar says.

☆ 28-year-old former teacher now makes $110,000—how working for a company with pay transparency helped
▼ + stars: | 2022-10-12 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

Salary transparency laws are sweeping the U.S., and workers are more open than ever about how much money they make. Have you ever negotiated a job offer, scored a major raise or used pay transparency to level up in your career? Despite the sudden departure, Fante's ex-employer did give her one major point of leverage that powered her new job search: The ed-tech company operated with total salary transparency. Fante adds that the company's policy existed before Colorado enacted its salary transparency law in January 2021. "It revolutionized the way I thought about pay, because that transparency just felt very natural and like something everyone deserves," she says.

☆ 86% of Gen Z interns think a recession is coming—and it's changing their approach to their careers
▼ + stars: | 2022-10-12 | by ( Jennifer Liu | ) www.cnbc.com time to read: +7 min

Cassidy Case is a few months into her fall internship, but she's already planning ahead for summer. As young workers search for stability and meaning when entering the working world, they're changing their behaviors and mindsets to "recession-proof" their futures. At this stage of their lives and careers, Gen Zers want flexibility in the way they live and work most of all, Cruzvergara says. At the University of Arkansas, 21-year-old senior Oliver Sims also has his summer work plans locked in. "You could work remotely from your parents' house for a company with an office based in New York."

☆ Microsoft's GitHub is relying more on Azure, says cloud chief
▼ + stars: | 2022-10-12 | by ( Jordan Novet | ) www.cnbc.com time to read: +5 min

Microsoft has been making its GitHub subsidiary more dependent on the company's own Azure public cloud. Otherwise, some developers wary of Microsoft's past behavior might not want to use GitHub to store their software code. The company would also speed up the ability for developers at large companies to use Microsoft's cloud infrastructure, Nadella wrote. Instead of pushing developers to run their code on Azure, GitHub has simply introduced new products and features, many of which are built on Azure. In September Microsoft informed investors that its closely watched Azure and Other Cloud Services revenue growth number each quarter would expand to include "additional GitHub cloud revenue now delivered via our datacenter infrastructure."

☆ California job-seekers will soon see salary ranges on job postings
▼ + stars: | 2022-09-28 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

California job postings will soon include pay ranges, thanks to a new salary transparency bill signed into law by Gov. The move makes California the largest state where job listings will require salary information by law. In California, women are paid roughly 88 cents for every dollar paid to a man, with the gap increasing for women of color. Reporting pay data based on job and demographic background can help uncover occupational segregation that employers may not be aware of. Previous California law already requires companies with 100 or more direct-hire workers submit job and demographic data for those workers.

☆ Nearly 70% of Americans are looking for extra work to combat inflation
▼ + stars: | 2022-09-27 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Starting this week, Petree will work his full-time job during the week and as a part-time cashier at Lowe's on the weekends. Nearly 70% of Americans are looking for extra work to combat inflation, according to more than 1,000 full-time workers, part-time workers and unemployed workers surveyed by Bluecrew, a workforce-as-a-service platform, in September. In many cases, those looking for work already log 40 hours during the week and are picking up extra shifts or gig work on nights and weekends, Laurinas says. Nearly 5% of employed Americans hold multiple jobs, according to data from the St. Louis Federal Reserve, including 440,000 people who hold two full-time jobs — a record high. What recession concerns could mean for extra work

☆ Why does work feel so dysfunctional right now? A psychologist, labor expert and CEO weigh in
▼ + stars: | 2022-09-26 | by ( Jennifer Liu | ) www.cnbc.com time to read: +7 min

"I'm not sure that work is any more dysfunctional now for many workers than it's been in the past," she tells CNBC Make It. Work has always been dysfunctional, our tolerance for it just got lowerWorkers are still quitting in droves during the Great Resignation. The discord we're seeing, then, is vocal pushback from employees — emboldened by a tight market and, yes, social media fervor — not wanting to return to traditional models of work, Klotz says. "Everyone is making money off of their work, and they're not getting return on the investment of their labor. To call that out and say, you know what, I don't necessarily need to go above and beyond if that effort isn't going to be valued — that's not quiet quitting.

☆ 13 careers where over 50% of workers are happy with their pay
▼ + stars: | 2022-09-23 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Go into product management, engineering or real estate, where workers are more likely to say they feel well-compensated for their jobs. That's according to LinkedIn's Workforce Confidence Index, which surveyed more than 32,000 U.S. workers from June to September. Roughly 60% of workers in each of these fields say they feel well-compensated for their work, compared with the average 49% of U.S. workers who report feeling happy about their earning power. Careers where people are least happy with their pay include:Educators: 39% Entrepreneurs: 41% Social services workers: 43%Interestingly, some of the workers happiest with their compensation also feel most empowered to ask for a raise soon. Meanwhile, many workers who feel underpaid are also least likely to negotiate a raise out of concerns for their job security.

☆ How a 24-year-old veteran doubled his pay to $127,000 in a year without negotiating
▼ + stars: | 2022-09-22 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

Salary transparency laws are sweeping the U.S., and workers are more open than ever about how much money they make. Have you ever negotiated a job offer, scored a major raise or used pay transparency to level up in your career? They told him the pay right away, and it far exceeded his expectations: $127,000. The typical job-switcher got a 10% pay bump after changing jobs in the last year, according to Pew Research Center. The difference between public-sector and private-sector paySavin made sure to research how pay can differ between private-sector and public-sector jobs.

☆ Doctors say Graham abortion ban would force women to have transvaginal ultrasounds
▼ + stars: | 2022-09-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Jonathan-Allen-Circle-Byline-Template.Jpg | Jonathan Allen | ) www.nbcnews.com time to read: +5 min

WASHINGTON — Sen. Lindsey Graham's national 15-week abortion ban would likely force many women to undergo invasive transvaginal ultrasounds before terminating pregnancies, according to doctors. Because violations of Graham's proposed 15-week ban would be punishable by up to five years in prison, doctors say the legislation would create a powerful incentive to perform transvaginal ultrasounds to make an age judgment. With Democrats in control of the House, Senate and White House, Graham’s bill stands no chance of advancing this year. Before he introduced his bill, Graham's effort was expected by some in the GOP to help Republicans reset the politics of abortion. For others, the details of Graham's ban are politically tricky, especially in states that have passed different abortion restrictions in recent years.

☆ 22-year-old shares nightmare of getting scammed by a fake job: 'I went from excited to devastated in a month'
▼ + stars: | 2022-09-18 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

Callie Heim, 22, went viral on TikTok for sharing how she got scammed by a fake job listing. Callie Heim was thrilled to start her marketing job with Waymo, the buzzy self-driving car company, earlier this summer. Heim had been scammed by a fake job listing. She was invited to a phone interview the next day, where the interviewer said the job would entail getting a computer and phone to do her job remotely. In reality, this is what's known as a fake check scam, where scammers hope you'll send them money and "reimburse" you with a bad check.

☆ Why this Microsoft president doesn't include her phone number in her out-of-office
▼ + stars: | 2022-07-01 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

A few weeks before her departure, she sends around a note to remind everyone of her out-of-office dates. Then once she's logged off, she's unavailable — as in, "doesn't include a phone number if you need her" unavailable. Here, Cupp, 51, shares why she no longer includes her phone number in her out-of-office message, and why that can be a good thing for her team. Why she doesn't give out her phone number in case of emergency: I always set up an out-of-office message, which says I'm not available via email or phone. So if it's going to be 6 o'clock on a Wednesday, and that's the time you're going to check in for that week, do it.

☆ The No. 1 city in the world to travel and work remotely is in the US—and it isn't New York or LA
▼ + stars: | 2022-06-24 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

1 global city to take a working vacation. It comes out on top of 115 global cities in the ranking, which were chosen because of their prominence in the tourist industry and availability of "slow" travel options. Here are the top 10 best global cities to take a working vacation, according to Icelandair. While remote work makes it easier than ever to take a working vacation, a lot of people are coming back from these "breaks" more burned out than when they left. Some 61% of Americans who took a working vacation in the last year didn't consider them to be "true" vacations, according to Expedia's latest Vacation Deprivation study of 14,500 working adults across 16 countries.

☆ Recruiters decide if you'll be a good hire within seconds—these 4 things will help you stand out
▼ + stars: | 2022-05-10 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Some recruiters have thrown out big pay raises, signing bonuses, incredible perks and gone to the extreme to close new job offers as quickly as possible. Erica Thomas, a technical recruiter in Palm Coast, Florida, strongly recommends you tweak your resume for every job you apply to. It boils down to three things: the candidate is clear in what they're looking for, they're interested in the job and they're interesting to talk to. Candidates can stand out by asking questions about the company mission and how the job directly fits into those objectives. "While recruiters are reaching out to passive candidates," Lamson says, "once they're engaged, there'll certainly be an expectation they'll demonstrate an interest in coming to work for the company."

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