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When Rubia Daniels heard a town in Italy was selling off abandoned homes for 1 euro each (or roughly $1.05), she had to take a look herself. Rubia Daniels is from Berkeley, Calif., and bought several 1-euro houses in Mussomeli, Sicily. "It's much easier to make friends in Sicily than it is to make friends back in California," Daniels says. "It's a much more stressful way of living," Daniels says. Rubia Daniels 1-euro homeowner in Mussomeli, Sicily
Persons: Rubia Daniels, Daniels, she's, Mickey Todiwala, Nathalie Milazzo, Katerina Montagnino, Montagnino, Leo Organizations: CNBC Locations: Italy, Berkeley, Calif, Mussomeli, Sicily, California, Europe, U.S, Bay
Companies around the world are eager to hire U.S. tech talent, and Americans are making moves. Of all the countries in the world, the U.S. has the second-highest number of tech workers working abroad in foreign countries, according to a new tech migration report from Deel, a global HR and payroll company. 1 India, which has the highest number of expat tech workers, and No. As far as where Americans are going, the top countries hiring and relocating U.S. tech workers are:Great Britain Germany Canada Netherlands SpainBy job, U.S. tech workers moving abroad are most likely to work in software development, product and operations. There's a "spirit of innovation" among American tech workers that global leaders want to bring to their businesses, she adds.
Persons: Masha Sutherlin Organizations: Google, U.S Locations: U.S, Deel, India, Britain, Britain Germany Canada Netherlands Spain, There's
The data, gathered from the college and new grad career site Handshake, shows a similar share of seniors say the current economic news makes them feel pessimistic. 1 priority in looking for a job is to find one that will offer stability, and they're changing some of their career preferences to find it. Elsewhere, students from the class of 2024 were more likely to apply to jobs in construction, agriculture and education, according to Handshake data. Working more than a 9-to-5Rising seniors are preparing to work more than a 9-to-5 in order to make ends meet. Many are also hopeful that side-hustle income can supercharge their savings so they don't have to work a corporate job forever.
Persons: Christine Cruzvergara, Cruzvergara, they've, Young
Meredith Tabbone first decided to buy and renovate a cheap home in Italy to reconnect with her family history. More than four years and nearly half a million dollars later, her 1-euro home journey has given her a new perspective on work, life, friendships and happiness. Meredith Tabbone spent roughly $475,000 on her dream home in Sambuca di Sicilia. She also bought the building next door and spent the next four years managing a local crew on the massive renovation. In all, Tabbone spent roughly $475,000 on her Italian dream home.
Persons: Meredith Tabbone, Tabbone, Sambuca di Sicilia, Mickey Todiwala, I've, She's, she's Organizations: Sambuca, CNBC Locations: Italy, Chicago, Sicilia, Sambuca, America, Sambuca di, U.S, Sicily
The richest of the rich live in Washington, D.C., where it takes a salary of $719,000 to land in the top 5% of earners. Washington state has seen the most dramatic growth in what it takes to be rich in recent years, according to the report. By 2022, the salary it takes to stay at that level is more than $544,000. Back then, only Connecticut and Washington, D.C., had a 5% top-earning threshold of $500,000. Here's the salary it takes to be considered in the top 5% of earners in each state, listed alphabetically, plus Washington, DC:
Persons: Andrew Murray, Murray Organizations: Washington , D.C, Survey, Amazon, GoBankingRates, D.C Locations: America, Washington ,, Connecticut, Washington, Seattle, U.S, Washington , California , Massachusetts, Hawaii, Virginia, Colorado , New York , New Jersey , Illinois, Maryland, DC
But turnover rates are worse for women. CEOs are quitting at record rates, and the small share of women at the very top are leaving the fastest. Roughly 1 in 4, or 24%, of women CEOs leave their post within two years, according to RRA data going back to 2018. That's more than twice the share of the 10% of men who leave their CEO job in that window. With an even shorter timeline, women CEOs are four times as likely as men to leave the role within a year.
Persons: Russell Reynolds, Ty Wiggins, Wiggins Organizations: Global, Russell, Russell Reynolds Associates, McKinsey & Company Locations: LeanIn.org
Millions more Americans could become eligible for overtime pay. Here's what to know:The new salary limitsStarting July 1, 2024, people earning less than $43,888 per year, or $844 per week, would be eligible for overtime pay. It could also cause businesses to adjust their procedures so people work fewer overtime hours, giving employees more time back. Roughly 15% of salaried workers are currently entitled to overtime pay, and that will roughly double under the new salary limits. However, it's far lower than the 60% of salaried workers who were entitled to overtime pay in the 1970s, per the EPI.
Persons: Harris, Trump, Labor Julie Su, Who's Organizations: Biden, Labor, Fair Labor, Labor Department, Institute
Jennifer Liu: Ambition means taking on new opportunities
  + stars: | 2024-04-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJennifer Liu: Ambition means taking on new opportunities"I took my first journalism class in high school and it felt like a superpower." CNBC Make It Senior Reporter Jennifer Liu shares what ambition means to her.
Persons: Jennifer Liu Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJennifer Liu: The readers & viewers of CNBC Make It are incredibly ambitious"Ambition means taking on new opportunities that take you out of your comfort zone." CNBC Senior Reporter Jennifer Liu shares how she got her start in journalism.
Persons: Jennifer Liu Organizations: CNBC
But Gen Z workers ages 18 to 24 are the most likely to let those messages pile up. More than a third, 36%, of Gen Z workers say they have over 1,000 unread emails in their inbox, compared with 18% of office workers overall. They're also more likely than other age groups to say they've sent an email they regret, with 1 in 5 Gen Z professionals saying they "very often" regret the emails they send. "Gen Z's communication preferences are heavily influenced by the prevalence of instant messaging platforms and social media," he says. On the other hand, "the structured and formal nature of email communication may feel unfamiliar and more complicated to many [Gen Zers]," Touma says.
Persons: Gen, They're, they've, Gen Z, Esteban Touma, Zers, Touma Locations: Babbel
In the best U.S. city for remote work, the median household income is $71,000; rent is about $1,400 a month; homes are valued at about $412,000; and 58% of residents are college grads. The waterfront town is the highest-ranked U.S. city for remote workers according to a new analysis from Remote.com, a global HR platform for distributed teams. While most top cities are spread across Europe and Asia, Portland is the only U.S. city to crack the top 10. Here are the 10 highest-ranked U.S. cities for remote work, according to Remote.com:Portland, Maine (No. 20 overall) New York, New York (No.
Persons: van der Locations: Portland , Maine, Europe, Asia, Portland, Remote.com, Honolulu, Hawaii, Des Moines , Iowa, New York , New York, Concord , New Hampshire, Minneapolis , Minnesota, Hamilton , Ohio, Topeka , Kansas, Louisville , Kentucky, Montpelier , Vermont, U.S, Maine
That's the reality for the ultra rich, and people like Jaclyn Sienna India make it happen. India is the founder of a Sienna Charles, a members-only travel agency that caters to wealthy clients who take million-dollar trips around the world. That includes "arranging spa appointments, recruiting house staff, helping clients build a home gym, whatever they need," India told The Cut. "He has all the money in the world, but he didn't want to go to Michelin-star restaurants," India told The Cut. "A lot of our clients work really, really hard, and it's important for them to have consistency and routine wherever they go."
Persons: Jaclyn Sienna India, Sienna Charles, she's, they're Organizations: FedEx, Michelin Locations: Versailles, India, New York City, Dallas, Los Angeles, San Francisco
Young people are relying on TikTok for abortion information amid legal uncertainty in the US. AdvertisementYoung people confused about abortion bans in their state are turning to TikTok for advice. Wildly popular in the United States with 170 million users, TikTok has become a resource for American women trying to navigate the complex and varied laws on abortion. Related storyAs more people turn to social media for information about abortion, more women are sharing their personal experiences on TikTok. AdvertisementMikaela Attu's TikTok video about the day she had an abortion was viewed over 3.5 million times.
Persons: , TikTok, Merle Hoffman, Hoffman, Rebecca Nall, Jennifer Lincoln, Lincoln, She's, Mikaela, Attu, Sunni, they're Organizations: Service, The New York Times, Michigan, Times Locations: American, United States, New York City, New Jersey, Wyoming, Canada, Attu
One of the most in-demand skills people want to learn in the workplace is also pretty straightforward: effective communication. Communication and etiquette topics are some of the most common courses being accessed in the TalentLibrary from Epignosis, a software learning company, according to internal data. The demand for learning "is about adapting to changes in the workplace," she says. Gialelli says her company's "email etiquette" course covers how to communicate effectively by making sure "the email includes very clearly the topic you're trying to cover, action items and next steps." Overall, Gialleli says businesses can help new employees learn the rules of communication and etiquette around the workplace by providing them with mentorship early on.
Persons: it's, Christina Gialleli, Gialelli, Gialleli Organizations: CNBC Locations: Epignosis, Babbel
More people are looking for a new job, and they have high salary expectations. The lowest average pay people would be willing to accept a new job reached $81,822 as of March, a new series high since 2014. That's according to the Federal Reserve Bank of New York's latest consumer expectations survey, which is fielded every four months. But to live comfortably by traditional budgeting advice, the average person needs to earn upwards of $89,000 — closer to the latest data on salary expectations — according to a recent analysis from SmartAsset. And despite a hiring slowdown, ZipRecruiter data shows more companies are actively recruiting to hire for open roles, and they're also extending more counteroffers to keep employees from quitting.
Persons: Julia Pollak Organizations: Federal Reserve Bank of New, Labor Department
April Jereza never intended to move abroad to Madrid, Spain, but now that she's been there for seven years, she thinks she'll stay for the long haul. "People in Madrid, and Spain in general, really understand that you don't live to work; you work to live," Jereza says. Other data touts the city's big benefits for professionals: Madrid is the No. 1 best city for remote work, according to a new analysis from Remote.com, a global HR platform for distributed teams. She now works as a product manager for a multinational social media agency from its Madrid office and works remotely part of the week.
Persons: Jereza, she's, she'll Organizations: CNBC Locations: Madrid, Spain, Canada, Europe, Remote.com, Spain Madeira, Portugal Toronto, Canada Auckland , New Zealand Tokyo, Japan Paris, France Portland , Maine, USA Taipei, Taiwan Stockholm, Sweden Reykjavik, Iceland
As a result, the 235-person company, which is 30% remote and 70% hybrid, created an office etiquette guide and required that all existing and new employees get training on it, says Christina Gialleli, the director of people operations at Epignosis. Some recurring issues of today's office include people talking too loudly in areas meant for focused work or taking personal calls in an open space. Unkempt workspaces are another big problem, Gialleli says. It's especially bad for teams that use hot-desking rather than keeping assigned spaces for employees, Gialleli says. In response, Epignosis employees are now trained on an office etiquette guide, which includes reminders about picking up after yourself in the communal kitchen and not adjusting the A/C to freezing.
Persons: Christina Gialleli, Gialleli Locations: Epignosis
Ever wanted to retract an email right after you've sent it? A majority of workers know the feeling, and the youngest professionals are the most likely to feel email regret. Some 88% of people say they've regretted the contents of a work email right after hitting send, and 28% even believe an email they've sent directly hurt their careers, according to a survey of 2,000 U.S. office workers from Babbel, the language learning platform. And just around 1 in 5 Gen Z office workers between 18 and 24 years old say they "very often regret" the emails they send. Two big mistakes that can lead to email regret is having typos and unclear messaging, says Esteban Touma, a cultural and linguistics expert at Babbel.
Persons: you've, they've, Esteban Touma Organizations: CNBC Locations: Babbel
Love it or hate it, communicating well over email is key to succeeding in an office setting. And if you want to get better at mastering the email game, you should prioritize one thing, says a language expert: timeliness. "A top tip for communicating well over email would be to prioritize responsiveness," says Esteban Touma, a cultural and linguistics expert at Babbel, the language learning platform. Touma stresses the courtesy of responding to emails quickly, even if it comes with the caveat that you'll return to the message with greater attention later on. What's more, 18% of people reported having 1,000 unread emails in their inbox, and 6% have more than 5,000 unread messages.
Persons: Esteban Touma Locations: Babbel
"Our research reveals that emails are a major source of workplace stress," says Esteban Touma, a cultural and linguistics expert at Babbel. As a language expert, Touma tells CNBC Make It he often sees people make two big mistakes when writing over email. Typos and grammatical errorsThe first big mistake Touma often sees is when people neglect to proofread and edit messages thoroughly. To avoid this mistake, take the time to proofread emails before you hit send, Touma says. For example, Touma says, "'Let's schedule a call when you have some time to kill, Brian' is politely addressing Brian.
Persons: they've, Esteban Touma, Touma, Brian Organizations: CNBC Locations: Babbel
There are plenty of good questions to ask during a job interview to get to know your potential new employer. "The most important question to ask before you accept a job is: What is your culture of learning?" These offerings are pretty typical but don't address the actual culture of learning, Raman says. Instead, listen for evidence of the following six components of a culture of learning, according to LinkedIn expert Britt Andreatta: Learning opportunities aren't just limited to scheduled courses. Junior workers may especially benefit from asking how managers promote a culture of learning, Raman says.
Persons: Aneesh Raman, Raman, they'll, Britt Andreatta, , Young Organizations: LinkedIn, Junior
Finland is the happiest country in the world for the seventh year running, according to the latest World Happiness Report. 'Serious business matters are taken care of; otherwise, we'll be like Mary's chickens on the loose.' Funny imagery aside, Makitalo says this phrase is meant to highlight the flat hierarchies common in Finnish work cultures. There's a mindset of: Let's not worry, let's not dwell on it, it will be taken care of when starting moving forward. Miika Makitalo CEO of HappyOrNot
Persons: Miika Makitalo, Makitalo, , let's, Miika, HappyOrNot Locations: Finland, U.S, HappyOrNot
Keys to becoming CEO: Communication and curiosityOver the next few years, Homara worked her way up from being the office manager. Homara is part of the board of directors for the Silicon Valley chapter of the National Association of Women in Construction, and she's communications chair for Women Construction Owners and Executives. Women have made strides in the construction field since 2016, when they comprised 12.5% of the industry. For example, Homara says one of the biggest misconceptions is what construction is "dirty, dusty and heavy" work, but not all construction jobs are labor intensive. In 2020, roles like construction laborers, carpenters and electricians made up 3 in 5 construction jobs.
Persons: Misha Homara, Sean, Keys, Homara, I've, Tricore Organizations: CNBC, San Francisco State University, National Association of Women, Tricore, Washington D.C, Washington Post, Labor Locations: U.S, Bay, Washington, Arizona, Florida
But according to one LinkedIn expert, one particular soft skill may be as coveted as an Ivy League education. Given the fast-changing world of business, hiring managers "want to look for growth mindset," says Aneesh Raman, a vice president and workforce expert at LinkedIn. "This is the new degree, the way that you've been looking for a Harvard degree." A growth mindset, coined by psychologist Carol Dweck, is the idea that you can continue to improve your abilities, talents and knowledge over time by learning through new experiences. With a growth mindset, you will see those blind spots as things that are within your control to improve."
Persons: Aneesh Raman, Carol Dweck, Raman, Shekhinah Bass, Goldman Sachs, You've Organizations: Ivy League, LinkedIn, CNBC
Nationwide, women outearn men in just 42 U.S. cities out of an analysis of some 1,800 cities, according to a new GoBankingRates report using Census Bureau data. : Women earn a median $69,983 a year Oakland, Calif.: Women earn a median $68,260 a year Goleta, Calif.: Women earn a median $65,030 a year Laurel, Md. : Women earn a median $65,008 a year Monrovia, Calif.: Women earn a median $62,016 a year Hackensack, N.J.: Women earn a median $60,237 a year Newark, Del. : Women earn a median $58,769 a year Chamblee, Ga.: Women earn a median $58,590 a yearIn each of these cities, women outearn men by a share of .14% to 18.95% of what men earn. However, men outearn women in each of these cities by a rate of 60% to 70%.
Persons: Bowie, Andrew Murray, Murray, San Organizations: Washington D.C, CNBC, Research, Department of Defense, Calif Locations: U.S, Md, Clinton, Fort Washington, Oakland, Calif, Goleta, Laurel, Monrovia, Hackensack, N.J, Newark, Del, Washington, Jacksonville, N.C, Los Altos, Saratoga, McLean, Va, San Carlos, Wellesley, Mass
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