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☆ 34% of workers say they'd post how much money they make online—Gen Z and millennials are even more eager
▼ + stars: | 2023-04-20 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +1 min

Even as salary transparency discussions have picked up in recent years, a majority of people are hesitant to discuss money with others even though they think it would improve their lives. More people would even rather post how much they make online than bring it up with co-workers. Roughly 34% of Americans surveyed say they'd post their salary information on LinkedIn, and younger professionals are even more eager to do so — 53% of Gen Zers and 58% of millennials say they'd post how much money they make online. "Growing up, people were discouraged from talking about money," she says. Instead, you're presenting information in a forum where people are seeking different data."

☆ Millions of boomers are approaching retirement with no savings, survey finds
▼ + stars: | 2023-04-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

A recent study found that 21% of those aged 59 and above have a net worth of $0 or less. The study found that 21% of those aged 59 and above said their personal net worth was $0 or in the negative. A 2022 Gallup survey found that the average retirement age in the US was 61, leaving these workers with little time to save. Across all generations, the survey of 1,006 US adults found that 31% said their net worth was $0 or in the negative. The survey found that nearly one-in-five respondents aged 59 or above said they didn't have a retirement account, the highest number of any of the generations surveyed.

☆ Why MLM Sales 'Huns' Get so Much Hate on Reddit, TikTok
▼ + stars: | 2023-04-18 | by ( Aimee Pearcy | ) www.businessinsider.com time to read: +15 min

Over the past few years, MLM companies have been under increased scrutiny. MLM companies largely appeal to those who are disconnected and looking for a way to get on solid financial footingAt first, Stimson felt optimistic. And a 2018 AARP survey found that just 25% of MLM participants made a profit. US direct-sales companies, which include MLM companies, earned $42.7 billion in retail sales in 2021, according to the Direct Selling Association — a 21% increase from 2019. And two-thirds of MLM participants said that "knowing what they know now, they would not join the same MLM company again."

☆ Streamers have a Gen Z problem: New data reveals why younger subscribers are more likely to cancel as inflation forces them to choose between Netflix and necessities
▼ + stars: | 2023-04-17 | by ( Reed Alexander | ) www.businessinsider.com time to read: +8 min

Nearly two-thirds of millennial and Gen Z consumers have canceled a streaming subscription in the past six months, a Deloitte survey found. Canceling the subscriptions meant sacrificing entertainment that provided "comfort" and staved off monotony during the coronavirus pandemic, McMiller said. Insider spoke with five millennial and Gen Z consumers who blamed soaring inflation for driving them to cut subscriptions in favor of essentials like gas or groceries. Overall, 44% of total respondents canceled a paid entertainment subscription within the past six months, including for reasons unrelated to cost savings. Millennials, born between 1983 and 1996, spend an average of $54 per month on streaming subscriptions — the most of any demographic, Deloitte said.

☆ 5 in-demand skills for freelancers that companies are looking for now—one pays up to $250 an hour
▼ + stars: | 2023-04-16 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Work marketplace Upwork recently predicted the most in-demand skills for freelancers for 2023, looking at previous freelancer earnings, number of projects worked and other metrics. Here are five of the most in-demand skills for 2023 according to Upwork, including what freelancers on the platform are charging for them. Full stack developers on Upwork charge as much as $160 per hour. SEO experts on Upwork charge as much as $250 per hour. Accountants on Upwork charge as much as $150 per hour.

☆ I'm a 22-year-old business owner working 2 jobs while going to school and I'm really tired of my generation being called lazy
▼ + stars: | 2023-04-15 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

I've been working since I was 15 years old to put myself through school and fund my business ventures. I also have two jobs, so I'm not sure how Gen Z can be stereotyped as a lazy generation. It's helped fund goals that I once dreamed of accomplishing, and right now I'm working more than ever to build the future I want for myself. I don't want to 'hustle' foreverAll this work I'm doing is so that I can be doing a lot less when I'm in my thirties. I'm hoping to go down to just one job and operating my candle business after I finish graduate school in 2024.

☆ I'm a Gen Zer who went undercover for 3 weeks as a Gen Xer on TikTok – a lot of their jokes went over my head
▼ + stars: | 2023-04-13 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Gen Z keeps it painfully realA lot of the time, Gen Z is the butt of its own jokes. One "Gen X Thought of the Day" installment, receiving more than three million views, says that Gen X adults "refuse to grow up" because they were forced to be independent at a very young age. The sentiment is something Gen Z could understand possibly more than Gen Xers realize. Access to the internet and widespread information pushed many to mature faster as Gen Z learned at a quicker rate than others. Now, at the end of my time on Gen X TikTok, I've learned a lot more about the generation that raised me and my millennial siblings.

☆ Tupperware: How a plastic bowl with a 'burping seal' gave women a means to an income
▼ + stars: | 2023-04-13 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +10 min

Tupperware stereotyped women as much as it empowered themTupperware parties became popular social and marketing events in the 1950s and 60s. They wanted to present an upscale version of themselves because these were also events where women were recruited into the Tupperware sales force,” he said. Tupperware products were the centerpiece of the event, carefully stacked and presented to be shown off. Wise, a divorced single mother living in Florida, held her own Tupperware parties in the 1940s and 50s and became a budding entrepreneur. Like Blockbuster, the Tupperware brand will never go away,” he said.

☆ My 15-year dependent relationship with social media has become a health problem—here's how I'm breaking the habit
▼ + stars: | 2023-04-13 | by ( Ashton Jackson | ) www.cnbc.com time to read: +5 min

When I used a fake birthday to create a Facebook account at age 9, I didn't know I'd eventually become dependent on social media. I'm setting goals that are 'realistic' and 'specific'Limiting your social media use only works if you're consistent about it. I'm down to seven and a half hours on social media per day on weekends, almost half of my original 14. I've also lost 12 pounds since January by replacing some of my social media time with being active and making healthy meals. "You get the chance to actually engage with the world a little bit better [when you limit social media use].

☆ Stop stereotyping Gen Z. Focus instead on why we're disillusioned about the future of work.
▼ + stars: | 2023-04-12 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

But Gen Zers who work overtime on their own startups or corporate roles disprove the "lazy" stereotype. Most of my Gen Z peers actually fall somewhere in between, advocating for work-life balance and professional growth, including climbing the corporate ranks. Our jobs aren't our whole identityI talk with Gen Zers every day and most of the time we don't speak about our careers. have recently come under fire for being too network-y, which is a no-go for many in Gen Z. Why we feel anxious about workFor many Gen Zers, discontent with the workforce dates back to middle school.

☆ The most-wanted clothing brands at resale are probably hanging in your closet
▼ + stars: | 2023-04-11 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +3 min

Resale clothing shoppers are bypassing previously-owned luxury brands at discounted prices in favor of scoring secondhand mid-tier brands for less. As many as 75% of consumers have shopped, or are open to shopping, for secondhand clothing – and demand has only grown during the pandemic. Mid-tier brands like Zara, Levi's and Abercrombie & Fitch have emerged as some of the most popular clothing brands among resale shoppers. In this environment, he said secondhand shoppers are hyper-focused on value, especially when buying clothes, and mid-tier brands are sitting in this sweetspot. ThredUp competitor Poshmark said mid-tier brands like Nike, Free People, Zara and J.

☆ Gen Z is the biggest beneficiary of workplace nepotism despite calling it out, study finds
▼ + stars: | 2023-04-10 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

More than two-thirds of Gen Z have used nepotism to land a job offer, a new study found. They survey of 2,000 workers found 42% said they'd won a role or job offer through nepotism. Even if they disapprove of nepotism, three-quarters of Gen Z workers said they would still use it. Almost half the Gen Z employees that have used nepotism to land a role ended up with a junior title, and a quarter were unemployed beforehand. That was causing Gen Z to devise creative solutions due to these unrealistic expectations, per Fortune.

☆ As Gen Z flounders at work and millennials struggle to buy a house, boomers are enjoying a golden moment
▼ + stars: | 2023-04-09 | by ( Matt Turner | Dave Smith | ) www.businessinsider.com time to read: +4 min

This week's dispatchThe Metals Company; Greenpeace; Luis Alvarez/Getty Images; Karl Hendon/Getty Images; Alyssa Powell/InsiderOptimists don't just dream — they do. Gen Zers and young millennials have soured on work just as much as everyone else — and that's bad news for companies everywhere. Also read:Tyler Le/InsiderOver the past few years, Lex Fridman has gone from an unknown academic researcher to a social-media celebrity and member of Elon Musk's inner circle. But recently, "The Lex Fridman Podcast" has become a haven for a growing and powerful sector looking to dismantle years of "wokeness." More on the rise of Lex Fridman.

☆ Everyone needs a work spouse — even if some millennials don't think so
▼ + stars: | 2023-04-09 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +5 min

A portion of millennials "disapprove" of having a work spouse, according to a new survey. My truth, as a Gen Xer, is: Work is often lonely and annoying, and everyone needs a work spouse. Everyone needs a work spouse. "Work spouse" is really just another name for "work best friend." The beauty of 'butt-kicking candor'Millennials might take exception to work spouses because they believe in a firm separation of work and home.

☆ Millennials say it's inappropriate to have a work wife but most Gen Zers and boomers are cool with it, poll finds
▼ + stars: | 2023-04-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Gen Zers and millennials disagree on whether it's appropriate to have a work spouse, a poll found. However, fewer than half of Gen Zers and boomers think having a work spouse is inappropriate. The study found that most Gen Zers and boomers were fine with the relationships. However, the work relationships could also serve to fill "a void that exists in someone's romantic relationship," she said. Rhodes added: "There is a tendency for people to have an emotional affair with their work wife or work husband when things are not really going well at home."

☆ Gen Z, Millennials Are Now As Sick and Tired of Their Jobs As Boomers
▼ + stars: | 2023-04-03 | by ( Aki Ito | ) www.businessinsider.com time to read: +14 min

Young workers may not possess the experience or wisdom of their older colleagues. When Gartner asked people what was preventing them from going into the office, Gen Zers were more likely than other generations to cite social anxiety. Pollak, the consultant, told me about a client who complained that their Gen Z employees were "abusing" the company's vacation policy. But these are the very people who can help young workers feel more seen and motivated in their jobs. My suggestions are targeted to shore up engagement among young workers, but they'd actually be good for everyone.

☆ Vimeo CEO: Highly successful Gen Zers use these 3 tactics to improve their workplaces
▼ + stars: | 2023-04-02 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

The definition of Gen Z is sometimes contested, but is roughly considered anyone born between 1997 and 2012. It's one example of how Gen Z, after more than three years of a global pandemic, has a heavy hand in shaping the next new normal. Here's how the most successful Gen Zers are already doing it, according to Sud. A lot of Gen Zers are used to quickly internalizing large amounts of information in short periods of time, for example, especially with the boom of short-form content on platforms like TikTok. "[The way we] communicate and interact in our personal lives is going to translate to work," Sud said.

☆ Salesforce employees are not happy
▼ + stars: | 2023-03-31 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +4 min

That said, there's plenty happening in tech news, from Salesforce layoffs to an unusual new perk for Meta employees. Salesforce CEO Marc Benioff Salesforce1. Employees aren't happy about how the cloud giant is handling its plan to cut 10% of its workforce. The cost-cutting did help Salesforce avoid a proxy battle for control of its board, as activist investors pushed for Salesforce to focus on efficiency. Read why Salesforce employees are upset at how the company is handling layoffs.

☆ Gen Z's desire to limit screen time leads to resurgence of 'dumb phones' in the US: 'I love how low stimulus it is'
▼ + stars: | 2023-03-30 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Influencers and members of Gen Z are swapping smartphones for "dumb phones" that can only call and text, CNBC reported. The trend has since expanded to influencers who are documenting their journey of winding down screen time with the use of dumb phones. "What we're trying to do with the Light phone isn't to create a dumb phone, but to create a more intentional phone — a premium, minimal phone — which isn't inherently anti-technology," Hollier told the outlet. TikToker Alex Purdy used a Light brand dumb phone for a month and shared an update with followers in January. In the video, Purdy mentioned some issues with receiving texts, but ultimately encouraged commenters to get one of their own.

☆ Gen Z job seekers are rattling older managers by asking about work-life balance in the first interview
▼ + stars: | 2023-03-29 | by ( Alexandra York | Josée Rose | ) www.businessinsider.com time to read: +8 min

Many Gen Z job seekers are asking about work-life balance during interviews. There wasn't a big focus on work-life balance when many of today's managers started working more than a decade ago. Gen Zers need to know the industry before asking about work-life balanceSome industries invite questions of work-life balance, according to Gen Zers and hiring managers who spoke with Insider. "If you were to directly ask, 'Can you describe the work-life balance for analysts at your firm?' Mary Cooney, the founder of the professional-development platform Generation IQ, said it's time to move on from this stigma of work-life balance.

☆ Pepsi's new logo takes inspiration from its '90s design, tapping into Gen Z nostalgia for the era
▼ + stars: | 2023-03-29 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Pepsi unveiled a new logo on Tuesday, which closely resembles its '90s design. The redesign comes alongside rising popularity for the '90s era among Gen Zers. The old Pepsi logo, pictured in 1990. Jean-Erick PASQUIER/Gamma-Rapho via Getty ImagesBut taking inspiration from a previous design also comes as Gen Zers bring back several trends from the '90s. Burberry was among those companies, replacing its knight logo and serif font in 2018, before bringing them back in February this year.

College enrollment has declined over the last decade. Here are three reasons why college enrollment may have collapsed. Why learn when you can earnThe robust labor market may have also contributed to college enrollment falling. Such attacks on colleges over the years might have caused Republicans to question the skill benefits of a college education. Did you get a job without a college degree?

☆ Gen Z is smoking and drinking less and that's cost the UK government $17 billion, says Bloomberg
▼ + stars: | 2023-03-26 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Lower levels of smoking and drinking by Gen Z has affected the UK public finances, analysis suggests. Bloomberg estimates the UK missed out $11.4 billion in tobacco tax and $5.7 billion in alcohol tax since 2002. Calculations by Bloomberg indicates that the UK has missed out on £9.3 billion ($11.4 billion) from tobacco taxes and £4.7 billion ($5.7 billion) in alcohol duties had revenues remained steady since 2002. This year, the Office for Budget Responsibility (OBR) expects the UK government to take in £12.6 billion ($15.4 billion) in alcohol duties and £10.7 billion ($13.1 billion) in tobacco taxes. Alcohol-related harm is estimated to cost the National Health Service (NHS) in England £3.5 billion ($4.3 billion) a year.

☆ TikTok CEO Shou Zi Chew has the internet eating out of his hand
▼ + stars: | 2023-03-25 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

Well, court filings have laid bare the company's excessive spending habits on luxury estate, hotels and, of course, a yacht. Shou Zi Chew said the average TikTok user was "an adult well past college age." Wall Street says TikTok CEO Shou Zi Chew had a "disaster" day in Congress. Wall Street may have dubbed Chew's testimony a "disaster," but by the end of it, Chew had the internet eating out of his hand. Google Bard is already behind in the AI wars.

☆ Young moviegoers are more likely to pay more for good seats in theaters, new survey says
▼ + stars: | 2023-03-24 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Young moviegoers don't mind paying extra fees to see films on the big screen, if it means they get to sit in the best seats in the house, a new survey says. For example, moviegoers who want to sit in the middle of the auditorium would pay a few dollars more and those who choose the front row would pay a few dollars less. In both generations, more than 50% of respondents said they'd be willing to pay a few extra dollars for preferred seats. "While catering towards younger generations is important to the future of moviegoing, they also shouldn't completely ignore the older generations," Blancaflor said. Already, cinema chains such as Alamo Drafthouse have said they do not plan to implement dynamic pricing in their theaters.

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