DIRS.INFO The most relevant business & tech news

☆ Gen Z and millennials are leading 'the big quit' in 2023—why nearly 70% plan to leave their jobs
▼ + stars: | 2023-01-18 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

In December, LinkedIn and CensusWide surveyed more than 2,000 U.S. workers about their professional plans for the new year. Of those respondents, 72% of Gen Zers and 66% of millennials said they are contemplating a career change in the next 12 months, compared to just 55% of Gen Xers (ages 42-57) and 30% of baby boomers (ages 58-76). This has translated to ample opportunities for workers, who can double or even triple their salaries by changing jobs. Even with a possible recession on the horizon, Kimbrough expects that Gen Zers and millennials will continue to quit and change jobs at elevated rates in the months ahead. Gen Zers and millennials want to work on their own terms

☆ These are the 3 most promising side hustles of 2023: Delivery jobs 'take way too much of your earnings,' says expert
▼ + stars: | 2023-01-18 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

A food delivery man crosses the street in Times Square in Manhattan on March 17, 2020 in New York City. "Now, the big growth really is with professional platforms where people can earn six-figure incomes from home, doing everything from marketing to law." She adds part of the shift could be because platforms like Uber and Lyft "take way too much of your earnings." To start, here are the three most promising side hustles of 2023, according to Kristof:Selling your skills and knowledgeA lot of people are making money selling what they already know, according to Kristof. According to the same poll, 22% of Boomers, who range from age 58 to 76, currently have side hustles.

☆ 2 top executives at consulting giant McKinsey broke down 3 ways Gen Z is transforming the workplace
▼ + stars: | 2023-01-16 | by ( Cadie Thompson | Pete Syme | ) www.businessinsider.com time to read: +4 min

Gen Z is starting to transform the workplace, according to two McKinsey executives at Davos. They told Insider how Gen Zers are more open to collaborate than millenials, but still have strong values. "The millennial generation was like 'Let's blow up all the institutions and start from scratch'," she said, noting that Gen Z takes a more "pragmatic" approach. George told Insider how the company has changed its talent model to accommodate this. McKinsey is working hard to be "more open about who we are, and what we do, because that's how Gen Z sees the world," she added.

☆ Salary Transparency Is Coming — so I Decided to Tell Everyone What I Make
▼ + stars: | 2023-01-16 | by ( Aki Ito | ) www.businessinsider.com time to read: +37 min

But there's a glaring catch to my support for pay transparency: I haven't actually practiced it in my own life. To find out why, I decided to commemorate the dawning age of salary transparency by telling pretty much everyone in my life what I earn. Norway responded to pay transparency with yet another level of transparency, and that brought down the level of snooping.. Thanks to its nationwide experiment, Norway has been fertile ground for scholars trying to measure the consequences of extreme pay transparency. But I do believe that as more states implement pay-disclosure laws — and as Gen Z increasingly comes to dominate the workforce — salary transparency is going to become the new norm.

☆ Gen Z loves the flip phone
▼ + stars: | 2023-01-15 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +8 min

Now, Gen-Z’s latest “vintage” obsession is the flip phone – that mid-1990s era phone that has suddenly become oh so popular with millennials. “I’m team flip phone revolution,” singer Camila Cabello tweeted Thursday, posing with a TCL flip phone, vintage. Maybe I can write the theme song guys 💪💪💪💪 pic.twitter.com/yOJgCdAgNq — camila (@Camila_Cabello) January 13, 2023“I found a little 90s, Matrix-y flip phone,” Cameron said. “At parties people will say, ‘oh my goodness, is that a flip phone?,’” Palazzolo said. And yes, new Nokia flip phones are still available – the Nokia 2760 Flip is sold at Walmart from prepaid brands such as Verizon for $19.99.

Organizations: & $

☆ Despite falling inflation, nearly one-third of Americans will rely on tax refunds, survey finds. Here's how to get your refund faster
▼ + stars: | 2023-01-13 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Despite falling inflation, many Americans are still struggling financially and will need their annual tax refund to help cover the basics. Some 30% of Americans overall say they will rely on their tax refund to make ends meet, according to a survey released Wednesday by Credit Karma, which polled roughly 1,000 U.S. adults in early December. "Nearly three-quarters of Americans are expecting a tax refund this year and for many it will be the most significant financial windfall of their year," said Courtney Alev, consumer financial advocate at Credit Karma. Annual inflation fell to 6.5% in December, the U.S. Bureau of Labor Statistics announced on Thursday. In 2022, the average refund was $3,176 as of Oct. 28, according to the IRS, up nearly 14% from $2,791 in 2021.

☆ These 4 lucrative side hustles dominated 2022—and they require less than 20 hours of work per week
▼ + stars: | 2023-01-11 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

The couple now only spends about an hour per week managing bookings, they say. She works 10-15 hours per week managing, cleaning and checking in on the bookings. Vending machinesYou might be surprised to learn how lucrative vending machines are for their owners. Now, he spends six hours per week managing 57 vending machines, which bring in an average of $30,000 per month, as his full-time job. In 2018, he moved from Rochester, New York, to Philadelphia and bought two vending machines.

☆ I'm a 24-year-old virtual assistant making $8,000 a month. Here's how I built my business and find clients.
▼ + stars: | 2023-01-10 | by ( Alexandra York | ) www.businessinsider.com time to read: +5 min

She shared her experience building a virtual-assistant business and finding clients. There, she came across a video posted by Jessica Hawks, a virtual assistant and business coach, explaining the virtual-assistant business model and how she'd made six figures doing what she loved. "I can't even express how far I've come into my business and how much it's grown," Carrasquillo said. "I would've never imagined it, knowing that it all came from a single TikTok that I saw." I think finding a business coach was a huge stepping stone in building my business.

☆ Gen Z VCs founder Meagan Loyst used ChatGPT to write a new educational children's book in 2 hours — to show why she thinks generative AI can be a major learning tool
▼ + stars: | 2023-01-09 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +3 min

Meagan Loyst, the founder of Gen Z VCs, is bullish on generative AI as a tool in education. Loyst self-published a children's book on AI that she wrote using ChatGPT and DALLE-2 in two hours. Here's why she thinks generative AI will have a big role in education, even amid teacher concerns. To prove to her following of VCs and startup founders what generative AI is capable of, Loyst self-published a children's book on Amazon titled "Show Me What AI Can Do!" "So a children's book just seems really natural—so many VCs are parents, and the youngest Gen Zers are 10 years old!"

☆ TikTok is offering IMDb data on millions of movies and TV shows, giving Gen Z another reason to ditch Google
▼ + stars: | 2023-01-06 | by ( Travis Clark | ) www.businessinsider.com time to read: +3 min

Users can link to movies and TV shows in their videos that direct to an in-app page with data about the title. It's one more way that young people can use TikTok as a search engine. TikTok and IMDb, a movie database owned by Amazon, announced a collaboration on Thursday that will see TikTok licensing IMDb data to power a new feature on the social platform. Creators will now be able to link to movies and TV shows in their videos. Search from the "movies and TV shows" option to find any of the 12 million-plus titles on IMDb.

☆ 3 TikTok SEO strategies that influencers are using to help boost views and engagement with their videos
▼ + stars: | 2023-01-06 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +1 min

Gen Zers prefer TikTok over Google as a search engine, and influencers are taking notice. Five TikTokers shared the specific techniques they use to make their videos more SEO friendly. These strategies helped make videos more discoverable by users and brands that want to collaborate. Some TikTok creators are starting to adapt their content strategies to make their videos more SEO friendly, following a September New York Times report that Gen Z prefers TikTok over Google as a search engine. Here are three SEO strategies the TikTokers have had success with:

☆ Why now is the best time for Gen Zers to launch a business, and how they're taking advantage of the opportunity to change the workforce
▼ + stars: | 2023-01-05 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

Here's why now is the best time for Gen Zers to start their own businesses. It helps that some successful Gen Zers are earning more than America's top CEOs. Here's why now is the best time to start a business for young people and two Gen Z entrepreneurs who have done it. New ventures in copywriting, social media management, and virtual assisting have been among some of the most successful, Mawhinney said. With this in mind, young founders have the opportunity to build brands that new workers resonate with.

Organizations: & $

☆ The pay gap will get worse for Gen Z women because they're 'so anxious,' an NYU professor says
▼ + stars: | 2023-01-04 | by ( Jacob Zinkula | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Gen Z is facing a "national crisis," according to social psychologist and NYU professor Jonathan Haidt. Haidt told the Wall Street Journal that Gen Z women are going to be less successful than Gen Z men. That's partly because many Gen Z women are facing mental health challenges like anxiety. As Gen Z enters the workforce, the problem could get even worse. "Gen Z women, because they're so anxious, are going to be less successful than Gen Z men," he said.

☆ The 10 jobs people are most likely to quit in 2023, according to new research
▼ + stars: | 2023-01-04 | by ( Morgan Smith | ) www.cnbc.com time to read: 1 min

As people set resolutions for 2023, there's one goal at the top of many lists: quitting an unfulfilling job. That's according to a new report from human resource consulting firm Robert Half, which surveyed 2,500 professionals between October and November 2022. Gen Zers, working parents and employees who have been with their company for less than five years are the most likely to switch jobs in early 2023, the report found. People in customer service, human resources and technology roles are most likely to resign soon, according to a new report from Payscale. Here are the top 10 jobs people appear most likely to quit in the near future, per Payscale's research:

☆ A micro influencer landed 7 brand deals after improving her TikTok SEO strategy. Here's how much she's earned in the last 4 months.
▼ + stars: | 2023-01-03 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +5 min

When Nadja Marrero first started scrolling through TikTok in 2020, she was frustrated with the skincare content she saw. In the past four months of optimizing SEO, Marrero has made $7,350 through seven brand deals, according to documentation verified by Insider. Before September, when she started prioritizing SEO, she said brands would reach out to her every two months or so. "Brands used to tell me they just randomly found my page, but that's not the case anymore," she said. Companies including Neutrogena and Elf Cosmetics also found Marrero through TikTok and reached out to collaborate in recent months.

☆ How Gen Z Is Rewriting the Job Rulebook on 'Résumé Gaps', Career Breaks
▼ + stars: | 2023-01-03 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +11 min

Most people are familiar with the scourge of the résumé gap. Young entrants to the workforce are leading a new conversation about the workplace, and the long-scorned résumé gap is no exception. Instead of viewing it as a negative, many Gen Zers are arguing that career breaks are positive and forcing employers to reconsider their preconceived notions about the résumé gap. The pesky résumé gapWhile job candidates have papered over résumé gaps for years, taking a break during the long march of a career is not uncommon. For those looking at working well into their 70s, a career gap, or two, simply makes sense.

☆ Gen Z lacks the communication and networking skills needed for the workforce. Companies need to train them.
▼ + stars: | 2022-12-29 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

Gen Z is falling behind in skills needed to enter the workforce. But experts say soft skills like communication and public speaking, which are more difficult to develop remotely, are holding Gen Z back. Insider spoke with three career coaches who explained the challenges of the Gen Z skills gap. Rezkalla mentioned that Gen Z has a harder time navigating LinkedIn because it's not as refined as other social media platforms. Companies will need to provide trainingThis soft-skills deficiency is not just a Gen Z problem, said career coach Anna Belyaeva.

☆ $1 million in retirement savings lasts longest in these 10 states—almost half are in the southeast
▼ + stars: | 2022-12-29 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

Retirement can last 25 years or more after you stop working, according to Fidelity Investments. But in some states with high costs of living, like Hawaii, $1 million in retirement savings would only last about 10 years. However, in less expensive states, $1 million would be enough to cover your living expenses for the majority of your retirement years. If you plan on retiring in the United States, you can expect your retirement savings to stretch the furthest in Mississippi, according to GoBankingRates' latest analysis. Here are the top 10 states where $1 million in retirement savings would last the longest.

☆ I recruit Gen Z job seekers. Many of them rely too much on email and ask for the wrong salary — here's how I coach them.
▼ + stars: | 2022-12-28 | by ( Elle Hardy | ) www.businessinsider.com time to read: +6 min

Veteran recruiter Lisa Frank says many Gen Z workers lack professional maturity and context. She also says Gen Zers should find mentors and not let a slightly lower salary deter them. Over the last couple of years, I've started seeing Gen Z workers enter the job market. The one thing I urge all Gen Z job seekers to do is to find a mentor. I prefer to think about a job offer or negotiation as, "What's the best way to get more empowerment?"

☆ Britain's charity stores are going upmarket
▼ + stars: | 2022-12-26 | by ( Grace Dean | ) www.businessinsider.com time to read: +13 min

Britain's charity shops are transforming as they try to appeal to Gen Z customers. The managers told Insider their retro and vintage stores were largely in urban areas with large student populations. Grace Dean/InsiderE-commerce for charity shops is completely different than e-commerce for retailers that sell large batches of new products. Nonessential retail stores had to shut their doors for months during the pandemic, which the Charity Retail Association estimated cost UK charity shops about £28 million, or $32 million, a month. But, as the aisles of charity shops across the UK show, a lot of people do choose to donate them.

☆ Gen Zers and millennials are turning to freelancing in greater numbers than ever before. Here's why.
▼ + stars: | 2022-12-23 | by ( Alexandra York | ) www.businessinsider.com time to read: +4 min

Gen Zers and millennials were more likely to pursue freelance work, it found. The reasons for freelancing vary, but common factors include flexibility and the desire for control. The platform's "Freelance Forward 2022" report, which studied 3,000 professionals, found Gen Z and millennials were the most likely to explore freelancing: In 2022, 46% of millennial professionals and 43% of Gen Z professionals surveyed performed freelance work. Insider spoke with Lilani, two millennial freelancers, and two Gen Z freelancers to learn why the type of work had attracted two generations of young professionals. For instance, Iyana Jones-Reese is a freelance photographer on top of her full-time job, while Levi Newman writes Amazon product descriptions for a living.

☆ Nearly half of American adults regret making this investing mistake
▼ + stars: | 2022-12-23 | by ( Mike Winters | ) www.cnbc.com time to read: +1 min

Nearly half of Americans regret not investing more in stocks in the last 10 years. That's despite the fact that various stock indexes declined by 15% to 20% in 2022, according to a recent survey. Overall, 45.1% of Americans overall, including both investors and non-investors, said they regretted not taking full advantage of the stock market, a November MagnifyMoney survey of over 1,500 U.S. resident adults reveals. Gen Zers are more likely to say like they've missed out when compared to other age groups. This included putting more money into stocks, consulting with a financial advisor and paying more attention to the stock market.

Your personal credit card data could be used for customized credit card rewards. What if your credit card started offering you enhanced rewards in personalized spending categories based on your past purchases? The future of personalized credit card rewardsYou're likely no stranger to having your personal data re-targeted to you. Personalized content and products already exist, so it makes sense for credit card programs to move in that direction too. For example, charity donations are becoming a more popular way for Gen Zers to redeem credit card rewards, but not all credit cards offer that as an option.

☆ Self-made millionaire: You don’t have to give up lattes to get rich—do this instead
▼ + stars: | 2022-12-22 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

If that's your goal, you don't have to cut out little luxuries to get there, says Ramit Sethi, a self-made millionaire and author of the New York Times best-seller "I Will Teach You To Be Rich." "I'm not the guy who's gonna say, 'Hey, go to cut back on lattes. When it comes to building wealth, most people focus on the "$3 questions" like, "Should I skip buying a latte today?" Instead, you should focus on the "$30,000 questions," Sethi says. Instead of waiting and hoping to win the lottery, here are two things you can do now to start building wealth, according to Sethi.

☆ As the cost of living skyrockets, nearly 1 in 3 adults rely on their parents for financial support
▼ + stars: | 2022-12-21 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

In this article GEN Follow your favorite stocks CREATE FREE ACCOUNTwatch nowAs the cost of living skyrockets, many adults are turning to a familiar safety net: mom and dad. Nearly a third of millennials and Gen Zers, over the age of 18, get financial support from their parents, according to a new survey by personal finance site Credit Karma. More than half of parents with adult children said their kids are living with them. In most cases, 25- to 34-year-olds are living in the home of one or both of their parents. The typical 25- to 34-year-old in a multigenerational household contributes 22% of the total household income, Pew found.

Search resuls for: "Zers"

25 mentions found