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She recently went on a 10-day scouting trip in Portugal with the travel group Expatsi. McGowan was part of the inaugural trip from Expatsi, a company that helps Americans move abroad through community groups and weeks-long guided scouting tours. The choose-your-own-stay model can help foster a stronger sense of community among the travel group. Expatsi hosted 30 Americans for a 10-day trip to Portugal and 12-day trip to Spain in May. She says she's still friends with some of the people she met while on the scouting trip while exploring on her own and thrift shopping — her hobby and side hustle.
Persons: Ikiah McGowan, McGowan, Joe Biden, Donald Trump, It's, Jen Barnett, Expatsi, Masha Sutherlin, she's, I've, She'd, that's, Barnett, Austin Organizations: CNBC, Google, Black Locations: Austin, Portugal, Expatsi, Spain, U.S, Malta, Guatemala, Colombia, Tiktok, Deel, Lisbon
It's easy to mass apply to job openings online, but if you don't have a solid resume, you're not making the most of your efforts. One specific detail is cause for immediate rejection, says Stacie Haller, chief career advisor at Resume Builder. "If I see a picture, that's going in the no pile," says Haller, who has over 30 years of staffing and recruiting experience. Recruiters are critical of anything that feels out of date, Haller says, and some details could add bias to the hiring process. Here are other details that should be scrubbed from your resume, according to Haller:
Persons: Stacie Haller, Haller, ageism Locations: Haller
As many as 4 in 10 companies say they've posted a "fake job listing" this year, and 3 in 10 companies say they're currently advertising for a role that isn't real. It's also worth noting that while this proportion of companies say they've posted a fake job, that doesn't mean the same share of their listings are fake. Still, a majority, 7 in 10, hiring managers say the practice of posting fake job listings is "morally acceptable." Finally, hiring managers say they keep fake listings up in order to collect resumes to keep on file for later. Cold applying to job listings may be 'a last resort'Knowing how many job listings might not be real doesn't exactly inspire confidence in online job boards.
Persons: they've, It's, Stacie Haller, who's, Haller, ZipRecruiter, that's, it's, there's Organizations: CNBC, LinkedIn
Finland has a history of being the happiest country in the world, and it's among the most gender-equal, too. Many Nordic countries have generous paid leave policies, government-subsidized child care, free college (which can level access to high-paying jobs), pay gap reporting requirements and pay transparency policies. At Framery, a Finnish manufacturing company with roughly 400 employees, the difference between what men and women get paid is roughly 1%. Anni Hallila, Framery's head of people and culture, explains three strategies that helped them effectively close their business's gender pay gap. Salary reviews happen twice a yearFramery's compensation team does a pay audit for their workforce twice a year, Hallila says.
Persons: Anni Hallila, Hallila, Framery Organizations: Nordic Locations: Finland, Framery, Finnish
Job seekers in today's competitive labor market are feeling whiplash compared to flush times during the Great Resignation, but new compensation data shows some roles are on the rebound. Businesses are on a hiring tear for three roles in particular — machine learning engineers, technical recruiters and office managers — so much so that they're raising the salaries they need to pay in order to attract the right talent. That's according to a new data analysis from Greenhouse, the hiring platform, and Pave, a compensation management platform. "Companies in general are just really hyper focused on, you know, profitability and how they can make their companies the most efficient," he adds. Here's how much salaries have changed for these jobs, and what that means for future hiring demand.
Persons: Jeremy Moulton Organizations: Companies
Some of the job seekers she works with have been looking for new work for over a year, if not longer, she tells CNBC Make It: "The job market is ridiculous." By the numbers, the U.S. labor market is strong on paper with low unemployment and high job openings. To those on the job market, Doe has one big piece of advice: It "might be a little counterintuitive, but it's actually to step away from your computer." "You don't have to spend money" to have professionals review your resume, help you practice your networking and interviewing skills, or offer other career advice, Doe says. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Brianna Doe, Doe, it's, who's Organizations: CNBC Locations: U.S
Remote work may have taken off four years ago, but the evolution of hybrid work is still in its early days — and senior leaders are having the hardest time adjusting. As of April, most people, 67%, reported being satisfied with their hybrid work policy. 1 biggest challenge with hybrid work. Less than half of U.S. workers say their workplace has hybrid meeting and working guidelines to begin with. Research shows hybrid work may have more benefits than being fully in-office
Persons: Dave Grow, they've Organizations: Lucid Software, Workers, Research
One that stands out and that she hears time and again: "What is the company culture like?" It's an important assessment to make — company culture is a top priority for many workers — and "sometimes you will get a good answer," Doe says. She recalls once accepting an offer from a company that didn't elaborate on its culture. Brianna Doe Photo: Jessica JuniperThinking back on that experience, she realized she needed to reflect a bit more: "What is important to me in company culture? That means she didn't get basic information about the company or how her job contributed to its main priorities.
Persons: Brianna Doe, She's, Doe, Jessica Juniper, you'll, I'm Organizations: CNBC
The share of workers who say they get Summer Fridays has dropped dramatically in recent years. Just 11% of North American workers say they have access to Summer Fridays, according to a November 2023 survey from Gartner of more than 1,100 people. Some companies have made headlines for scaling back on workplace flexibility that emerged during the pandemic. Duffy says organizations should consider how reducing workplace flexibility will impact their employees before imitating what their competitors are doing. "But we have heard HR leaders still say they're concerned about the impact of return-to-office on their ability to attract and retain talent."
Persons: Caitlin Duffy, Duffy, Goldman Sachs, JP Morgan Chase Organizations: Gartner, CNBC, Boeing, UPS, Fortune
In late 2022, Valcourt left the U.S. to move to France and go to pastry school. Valerie Valcourt moved to France in late 2022 to go to pastry school, which was a childhood dream. After some online research, she applied to a pastry school in Paris, got accepted and quit her job. Valerie Valcourt's pastry school program included three months of intensive culinary and language classes, followed by a four-month internship at a Michelin-level restaurant. Most of Valerie Valcourt's meals come from her restaurant job, but she spends roughly 20 euros ($21.43) per week.
Persons: Valerie Valcourt, Valcourt, She's, Chabran, Luis Carballo, Valerie Valcourt's, she's, It's Organizations: CNBC, Google, Michelin, France, Transportation, Apple, Spotify, Spotify Insurance, Peugeot Locations: U.S, France, Tournon, Seattle, Paris, Connecticut, Europe
This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
Organizations: CNBC
Every year, the company surveys its roughly 400 employees about the most important things that keep them happy and engaged at work. And in order to provide that balance, she says company leaders actively support flexibility in their employees' work schedules and break times. "It's completely normal that you can mix your personal life and work life" in how you structure your workday and workweek, Hallila says. On the rare occasion that someone's schedule is negatively impacting their team's work, Hallila says it becomes a conversation with their manager to make adjustments. "We give a lot of freedom for people to balance their overall work hours.
Persons: Anni Hallila, Hallila, It's Organizations: CNBC Locations: Finland
Typical compensation packages for chief executives who run companies in the S&P 500 rose nearly 13% last year, the AP reports . Median CEO pay hit $16.3 million in 2023, or nearly 200 times the typical worker's wages for the year, according to data analyzed for The Associated Press by Equilar . In 2022, CEOs made roughly 185 times their typical worker; with the jump in 2023 numbers, CEOs now make roughly 196 times their employees. CEO pay is generally decided on by shareholders, who in the last four years have overwhelmingly voted in support of executive compensation plans, according to Equilar data. CEO pay has increased by 1,209% since 1978, compared with an 15% bump for the typical worker over this time period, according to the left-leaning Economic Policy Institute.
Persons: haven't, Lawrence Mishel, Amit Batish, aren't, Batish, Sarah Anderson, Anderson Organizations: Associated Press, Equilar, Federal Trade Commission, CNBC, Institute for Policy Studies, AP Locations: Equilar
Framery has roughly 400 employees around the world, but its roots in Finland run deep throughout its work culture that promotes worker engagement and satisfaction. Finland, after all, is the happiest country in the world for the seventh year running, according to the latest World Happiness Report. "I can ask any questions I need to ask in order to succeed in my role, or ask questions for the best of the company," Hallila says. Leaders are encouraged to help their employees work with this mindset, Hallila says. "You can work and work and work," she says, "but whether you actually achieve more is questionable."
Persons: Framery, it's, Anni Hallila, Hallila Organizations: " Workers Locations: Finland, Tampere
And she's part of a growing class of Gen Z retirement super-savers. Many are concerned about stagnating wages in an era of skyrocketing costs of living, says Paloma Thombley, chief human resources officer at Handshake, the jobs site for college students and new grads. Gen Z prioritizes retirement benefitsGenesis Hinckley, 27, works as a business analyst for Google in Boulder, Colorado. 'It's no longer chasing money; it's chasing time'Anxiety aside, many Gen Zers see super-saving for retirement as a way to take control over an uncertain future when the built-in support systems are lacking. They learned when it makes sense to invest in a plan pre- or post-tax, how to actually invest your retirement money, and the value of compound interest.
Persons: Lillian Zhang wasn't, Zhang, Gen, Gen Zer, millennials, Gen Xers, Paloma Thombley, Zers, Thombley, Lillian Zhang, isn't, Z, Genesis Hinckley, Hinckley, Roth, TikTok Organizations: IRA, Northwestern Mutual, Social Security, Google, Genesis, YouTube Locations: Boulder , Colorado
If you think of productivity as your ability to get things done quickly, you might be going about it wrong. Being the first to raise your hand isn't the only way to succeedThe key is understanding how to solve problems for your boss, Newport says. They want that stress to go away," Newport says. There are two main ways to remove this stress for your boss, Newport says. However, "the other way you can take the stress away right away is that you're super organized," he adds.
Persons: Cal Newport, it's Organizations: Georgetown University Locations: Newport
They're primarily moving to Portugal, Spain and the U.K., where many expats say they're highly satisfied with their personal, financial, social and work lives abroad. She started working at Deel in 2022 as a digital nomad in Portugal and "living in the clouds traveling the world," she says. Mourao currently has a digital nomad visa in Portugal and continues to travel around the world. For example, while in Portugal, she's in a central time zone that makes it easy to communicate with colleagues in Latin America, Europe, the Middle East, Africa and Asia. Prove why you're suited to work abroad
Persons: Kamylle, Mourao, Masha Sutherlin, Sutherlin, She's, she's, who've, they've Organizations: United Arab Locations: Brazil, Peru, Mexico, Portugal, Spain, Deel, France, Egypt, Singapore, United Arab Emirates, Japan, she's, Latin America, Europe, East, Africa, Asia
A majority, 78%, of U.S. workers say they don't take all their PTO days, and it's highest among Gen Z workers and millennials, according to a new Harris Poll survey of 1,170 American workers. That's not to say they're not taking breaks — they're just not telling their boss. Nearly 4 in 10 say they've taken time off without communicating it to their manager. "There's a giant workaround culture at play," Rodney says. "It's not exactly quiet quitting, but more like quiet vacationing."
Persons: they're, Libby Rodney, That's, Slack, Rodney, Gen Zers, millennials Organizations: Harris, Microsoft Locations: U.S
In 2024, Gen Z workers are expected to outnumber baby boomers in the American labor force for the first time. Gen Z workers know what their bosses are saying about them, and they'd like to have a word. Some leaders even go as far as saying they avoid hiring Gen Z workers, who are as old as 27 this year. Myth: Gen Z is asking for too muchMany leaders think Gen Z are entitled not just in their earning power, but what they expect out of work in general. Myth: Gen Z workers will quit because they're disloyalIt's long been true that early-career professionals are more likely than seasoned workers to change jobs quickly.
Persons: Gen, Zers, Z, Keely Antonio, Baby Boomers, Gen Z, Antonio, Ziad Ahmed, Ahmed, Booth, I'm, Ziad Ahmed Head, They're, they're Organizations: CNBC, Baby, JUV Consulting, Fortune, United Talent Agency, UTA Marketing Research, Workers
She placed a winning bid for 5,555 euros, and with taxes and fees, spent 5,900 euros (roughly $6,200) to secure the property. Mickey Todiwala | CNBC Make ItMeredith Tabbone knocked down several walls to open up her kitchen, dining and living areas. Mickey Todiwala | CNBC Make ItDespite "4 million moments of frustration" over the years, Tabbone says the expense has been well worth it. Mickey Todiwala | CNBC Make ItThe houses were sold for 1 euro each but also incurred a 500-euro realtors fee and 2,800-euro deed. Mickey Todiwala | CNBC Make It
Persons: Meredith Tabbone, Rubia Daniels, Tabbone, she's, Mickey Todiwala, She's, Daniels, It's, Rubia Daniels Rubia Daniels Organizations: CNBC, realtors Locations: Sicily, Chicago, Sambuca di Sicilia, Sambuca, Italy, Berkeley , California, Berkeley, Calif, Mussomeli
But now and then, they can also make us feel bad about the things we don't get around to. First of all, "it's useful to recognize that we're really bad at making predictions," Newport says. Get started by reviewing how much you got done over a longer period of time"Humans are really bad at estimating the time required for cognitive tasks," Newport says. Think: What are the things you're proud of? Looking at the bigger picture, "when you switch to an outcomes-based productivity mindset, you begin to see a lot of these as obstacles to actually accomplishing things," Newport says.
Persons: Cal Newport, I'm Organizations: Georgetown University Locations: Newport
New York, Washington, D.C. and other major metros may be some of the most sought-after job markets for young professionals, but for ample opportunities and high-paying roles, they may have better luck in the Sun Belt. The metro areas around Tucson, Arizona; Tallahassee, Florida; and Gainesville, Florida; are the fastest-growing job markets for entry-level roles, according to new data from LinkedIn. The top industries hiring entry-level workers are secure fields like manufacturing, government, education and health care. 1 priority is finding a job with stability. The professional services sector has seen more layoffs in recent years, Kantenga says, but common jobs in consulting and legal services also pay "extremely well," which may be a worthwhile tradeoff for young people.
Persons: Kory Kantenga, Kantenga, grads Organizations: LinkedIn, Sun Locations: York, Washington, Tucson , Arizona, Tallahassee , Florida, Gainesville , Florida, Tallahassee, Florida, Chattanooga , Tennessee, Savannah, Georgia, Des Moines , Iowa, Birmingham , Alabama, Harrisburg , Pennsylvania, Huntsville , Alabama, Hartford , Connecticut, South, Americas, Tucson
Madi Lee says she lives comfortably in Medora earning $50,000 per year working at the Theodore Roosevelt Medora Foundation. Take Madi Lee, 24, who graduated in 2022 and found herself working in Medora, North Dakota — popoulation: 121. Medora is a tourist town near Theodore Roosevelt National Park where the busy season brings in thousands of visitors. Madi Lee, 24, moved to Medora, North Dakota, which has a year-round population of 121 people. Courtesy of Madi Lee
Persons: Madi Lee, Theodore Roosevelt Medora, Theodore Roosevelt, Lee, I'm, Roth, Medora, she's, she'll Organizations: Theodore Roosevelt Medora Foundation . New, D.C, Theodore Roosevelt Medora Foundation, Ford Bronco, University of Minnesota Duluth Locations: Theodore Roosevelt Medora Foundation . New York City, Washington, Salt Lake City, Medora , North Dakota, Theodore, Madi Lee, Medora, Dickinson, North Dakota, it's, Roseau , Minnesota, Madi
CNBC Make It asked locals in their 20s and 30s living in New York and LA about how much they pay in rent — and if they think it's actually worth the money. Mia pays $3,500 per month for a 2-bedroom apartment in Manhattan that she shares with a roommate. "I pay way too much, but it is a beautiful apartment," she tells CNBC Make It. Outside of Manhattan, rent isn't much more affordable. "If I lived in [Manhattan], I'd probably be spending $4,000 to $5,000 for what I have now," Shane adds.
Persons: Zumper, Mia, It's, Shane Organizations: CNBC Locations: New York, Los Angeles, LA, NYC, Manhattan, Bronx, New York City
At least, that's one productivity tip from Cal Newport, a Georgetown University professor and author of "Slow Productivity." Newport's latest book aims to help people eliminate what he calls "pseudo productivity," or the performance of busyness, and to replace that effort with outcomes-based work. "What matters is, what are you producing over time, and how good is the stuff you're producing?" The basic principles of switching to slow productivity are to do fewer things, work at a natural pace and obsess over quality. You could also try working in cycles.
Persons: Newport Organizations: Cal Newport, Georgetown University, Newport, CNBC Locations: Cal, Newport, Basecamp
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