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☆ Here are the highest-paid CEOs in the US , some of whom have 9-figure compensation packages
▼ + stars: | 2024-05-03 | by ( Tim Paradis | ) www.businessinsider.com time to read: +1 min

Broadcom's Hock Tan tops a list of highly paid CEOs. The median pay package for CEOs was $23.7 million in 2023, an 11.4% increase from the prior year. The highest-paid CEOs in the US aren't necessarily household names, but they're enjoying some pretty sweet pay packages — more than enough to avoid worries about higher prices for that morning coffee. Take Hock Tan, head of chipmaker Broadcom. Tan topped a list of the 100 highest-paid chiefs from Equilar, which analyzes data on executive compensation.

Persons: Broadcom's Hock Tan, —, Hock Tan, Tan Organizations: Service, Broadcom, Business Locations: Equilar

☆ Amazon CEO Andy Jassy broke federal labor law with anti-union remarks
▼ + stars: | 2024-05-01 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon CEO Andy Jassy violated federal labor law in comments he made to media outlets about unionization efforts at the company, a National Labor Relations Board judge ruled Wednesday. NLRB Administrative Law Judge Brian Gee cited interviews Jassy gave in 2022 to CNBC's "Squawk Box," Bloomberg Television and at The New York Times' DealBook conference. At the DealBook conference, Jassy said that without a union the workplace isn't "bureaucratic, it's not slow." The NLRB filed the complaint against Amazon and Jassy in October 2022. But the Amazon chief's other remarks that employees would be less empowered and "better off" without a union violated labor law, "because they went beyond merely commenting on the employee-employer relationship."

Persons: Andy Jassy, Brian Gee, Jassy, Gee, Mary Kate Paradis, Paradis Organizations: National Labor Relations, NLRB, Bloomberg Television, The New York Times, CNBC, Bloomberg, Amazon Locations: Amazon's

☆ I took a higher-paying job instead of one where I could work from home. I'm not sure it was the right move.
▼ + stars: | 2024-04-30 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

He recently took a government job that paid more than another role where he would have been able to work remotely four days a week. While he likes the job, he has a long commute, so some days he's not sure he made the right decision. And I really like the work I'm doing now in this new job. What if we matched the salary and gave you one day working from home?" You can't be like, "Oh, I'm happy to work from home," and then do absolutely nothing because it's so obvious.

Persons: Erik Bernard, Bernard, —, he's, Erik Bernard Plus, I've, we've, It's, Erik Bernard I, I'm, you'll, aren't Organizations: Service Locations: Brisbane, Australia, America

☆ AI has entered the workplace. 3 industry leaders discuss how businesses can embrace it.
▼ + stars: | 2024-04-30 | by ( Leila Jordan | ) www.businessinsider.com time to read: +4 min

As the new technology accelerates in skill and ubiquity, business leaders are racing to figure out what the relationship between workers and AI will look like in years to come. Business Insider's virtual event "Human-AI Collaboration: The Key to Workplace Efficiency and Innovation," presented by Dell Technologies, brought together a panel of experts to discuss the trials, triumphs, and future of AI. He discussed the major ways in which Dell is integrating AI into its processes, from increasing productivity for developers to automating content. "There are predictions that we could have two times, three times, even four times the employment demand for new job growth as a result of gen-AI and AI ethicists, AI translators, AI mediators, AI co-creative, AI legal, and compliance experts," Miscovich said. Working with AI from the ground floor can allow businesses to design the parameters that will guide AI's future presence in the workplace.

Persons: Matt Baker, Mozziyar Etemadi, Peter Miscovich, Tim Paradis, Baker, Miscovich, Etemadi Organizations: Service, Efficiency, Dell Technologies, Business, Dell, Northwestern Medicine, AIs

☆ Why AI might make it harder to pull off a 4-day workweek
▼ + stars: | 2024-04-28 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

He also expects more go-getters will feel pressed to do the same as AI bores deeper into the workplace. Of course, if people need to oversee AI bots at all hours, workers could take on babysitting duty at different times of the day. But as he sees how AI will change how humans work, "people are going to get more and more tired — and busier," Gill said. Looking for a payoffNot everyone thinks AI will quash dreams of a four-day workweek. Whelehan said that, ultimately, management will decide whether AI will lead to job losses or enable a four-day workweek.

Persons: —, Binny Gill, Gill, Steve Cohen, Emily Rose McRae, McRae, Simon Johnson, Johnson, Alexey Korotich, Korotich, Dale Whelehan, Whelehan, Kognitos Organizations: Service, Business, New York Mets, Gartner, Massachusetts Institute of Technology, International Monetary Fund

☆ Believe it or not, we're spending less time in meetings than we used to
▼ + stars: | 2024-04-24 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

Read previewWe're spending less time in meetings than just a few years ago. And they're taking longer, with the average meeting length at 51.9 minutes, up from 50.6 in 2021. The survey, which focused on tech companies, found that employees spend 37% of their work hours in meetings. There is such a thing as good meetings," Shapiro said. The survey, which was conducted from February through April, found that workers spend about three hours a week booking and rescheduling meetings.

Persons: —, dieter who's, That's, Covid, Henry Shapiro, Reclaim.ai, Shapiro, Ron Hetrick, Hetrick Organizations: Service, Business

☆ Google's worker firings show that the office actually isn't a place to be yourself
▼ + stars: | 2024-04-20 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But in the years since the gauzy "whole self" notion became something of an HR cliché, the idea has frayed even further. I can bring my whole self to work, but I can't talk about politics,'" she said. This is where nuance comes into play: Political talk at work can be necessary. Deciding what's politicalStill, Reitz noted that people don't always agree on what's political.

Persons: —, Megan Reitz, We've, There's, Sundar Pichai, Doc Martens, baring, Ella Washington, Washington, Reitz, it's, We're Organizations: Service, Business, Tech, NPR, Georgetown University Locations: California, New York, Silicon, Israel, Washington

☆ Having ChatGPT experience could trump a college degree, nearly half the business leaders in a survey said
▼ + stars: | 2024-04-17 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

In a survey, 49% of business leaders said knowing how to use ChatGPT could top having a degree. Despite this, 36% of respondents didn't see ChatGPT experience as more valuable than a degree. It's also possible that some business leaders expect that newer — and presumably younger — workers might have more exposure to AI, Nguyen said. In the survey, 36% of respondents didn't see experience with ChatGPT as more valuable than a college degree, and 12% were unsure. Some eight in 10 execs said knowing how to use AI would be even more important for entry-level workers in 2025.

Persons: —, Intelligent.com, Huy Nguyen, Nguyen, there's, It's, didn't, execs Organizations: Service

☆ Emily or Lakisha? Guess which one hiring managers chose.
▼ + stars: | 2024-04-14 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Researchers studied racial bias in hiring by sending over 83,000 fake résumés to big US companies. The auto services industry was among those most likely to show a preference for résumés containing white-sounding names. But in the most extreme instances, those doing the hiring favored résumés that might be presumed to be from white candidates by 24%, on average. Already, some people in fields like tech who have seen cuts in recent years are applying to job after job with little luck. AdvertisementOf the 108 companies researchers sent résumés to, among the best performers were car-rental company Avis Budget Group and the grocery chain Kroger.

Persons: —, Emily, Greg, Jamal, résumés, Pat Kline, Brad, Darnell, Andreas Leibbrandt, Leibbrandt, Khyati Sundaram, doesn't, Kline, it's Organizations: Fortune, Service, University of Chicago, University of California, National Public, Company, NAPA Auto Parts, Costco, Genuine Parts Company, Business, Avis Budget Group, Kroger, NPR, Lamar, Australia's Monash University Locations: Berkeley, NAPA

☆ Trump is now out of options to delay Monday's start of jury selection in his hush money trial: legal experts
▼ + stars: | 2024-04-12 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Former President Donald Trump has run out of legal options to delay Monday's start of his Manhattan hush-money trial, legal experts predict. Trump's lawyers struck out 0-3 this week, when three Manhattan appellate judges rejected three separate emergency delay bids during arguments on Monday, on Tuesday, and Wednesday. Barring an unforeseen, nonlegal emergency, jury selection in Trump's first of four criminal cases will begin as scheduled on Monday morning in Supreme Court in lower Manhattan, experts said. Ditto the US Supreme Court, where Trump could ultimately end up, given that all three appellate efforts raise Constitutional issues, Schechtman said. AdvertisementBut though Trump's lawyers failed to stop the trial, their efforts may not be wasted down the road.

Persons: —, Donald Trump, Trump's, Barry Kamins, Trump, Juan Merchan's, I'd, Paul Shechtman, Schechtman, Michel Paradis, it's, Paradis Organizations: Service, Business, New York, Getty, Trump, New, Columbia Law School Locations: Trump, Manhattan

☆ Trump is now out of options to delay Monday's start of jury selection in his hush-money trial: legal experts
▼ + stars: | 2024-04-12 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Trump struck out 0-3 during three visits this week to a Manhattan appellate courthouse. Former President Donald Trump has run out of legal options to delay Monday's start of his Manhattan hush-money trial, legal experts predict. Barring an unforeseen, nonlegal emergency, jury selection in Trump's first of four criminal cases will begin as scheduled on Monday morning in the Supreme Court in lower Manhattan, legal experts say. But even if Trump wins — and that's a long shot — it's highly unlikely any of these three appellate decisions would stop or even pause the trial, legal experts also say. Ditto the US Supreme Court, where Trump could ultimately end up, given that all three appellate efforts raise Constitutional issues, Shechtman said.

Persons: Trump, —, Donald Trump, Trump's, Barry Kamins, Juan Merchan's, I'd, Paul Shechtman, Shechtman, Kamins, Michel Paradis, it's, Paradis Organizations: Service, New York, Getty, Trump, New, Columbia Law School Locations: Manhattan, Trump

☆ More CEOs expect hybrid work is here to stay
▼ + stars: | 2024-04-11 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

"Hybrid is likely here to stay," Paul Knopp, chair and CEO at KPMG US, told Business Insider. AdvertisementThe survey of 100 CEOs of large US companies found that 46% of them expect what had been office roles will be hybrid, up from 34% in 2023. But corporate chiefs seem to be holding the line on remote work, with only 3% of top bosses backing fully remote work. AdvertisementSome seven in 10 CEOs said they expect to boost hiring during the next year, while only 4% expect to cut jobs during that time. AdvertisementNearly four in 10 CEOs expect their companies will move from AI pilots to broader use within their organizations during the next 12 to 18 months.

Persons: —, It's, Paul Knopp, Knopp Organizations: Service, KPMG US, Business, America, KPMG, —

☆ This company wants to slash corporate bureaucracy and let employees manage themselves. Could it work?
▼ + stars: | 2024-04-11 | by ( Lloyd Lee | Tim Paradis | ) www.businessinsider.com time to read: +5 min

The idea involves slashing the corporate bureaucracy, giving employees more control, and, hopefully, as a result, allowing the company to innovate efficiently. This story is available exclusively to Business Insider subscribers. "We hire highly educated, trained people, and then we put them in these environments with rules and procedures and eight layers of hierarchy," Anderson said in an interview with Business Insider earlier this year. In a traditional corporate setting, the organizational chart flows upward: Lower-level employees have managers, those managers have managers, and so on until the top of the chain. In comes a key part of Anderson's proposal: Cut a big chunk of the middle managers and let employees choose the projects they want to pursue.

Persons: —, Alka, Seltzer, Claritin, Bill Anderson, Anderson, It's, That's, Bayer, Nicholas Bloom, Bloom, — Bloom Organizations: Service, Bayer, Business, Street Journal, Monsanto, Stanford University, American Economic Locations: New Jersey

☆ The race for ever-cooler workplaces is leaving employees the winners
▼ + stars: | 2024-04-10 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementKat Hunt never wanted to work from home. Hunt, whose job is in finance in Portland, Oregon, needed a place for some team members to gather in New York City. Hunt wanted a spot that wasn't your typical WeWork or similar. Courtesy Kat Hunt and Radious"I was allowed to work from home, but I never wanted to," Hunt said.

Persons: —, Kat Hunt, Hunt, Radious, Amina Moreau, Moreau, Combinator, Ryan Masiello, That's, Googlers, Clelia Warburg Peters, It's Organizations: Google, JPMorgan, Service, Earth Finance, San, Francisco's Pier, Ventures Locations: luxe, Portland , Oregon, New York City, Portland, Brooklyn, San Francisco, Portland , Milwaukee, San Francisco Bay, New York, Mountain View , California, Francisco's

☆ A third of hiring managers don't want to hire Gen Z or older workers
▼ + stars: | 2024-04-05 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

About one-third of hiring managers in a survey admitted bias against Gen Zers or older candidates. That's because, according to a survey from Resume Builder, 36% of hiring managers said they were biased against Gen Z candidates. So why are some hiring managers not down with younger or older workers? Among the hiring managers who admitted to bias against Gen Z job seekers, more than three-quarters cited younger workers' lack of experience. Nearly two-thirds were worried older candidates would experience health problems, and almost half of all hiring managers identified worries that older workers didn't have sufficient experience with technology.

Persons: Gen Zers, —, Gen, Ageism, Stacie Haller, Haller, Zers, Barbara Corcoran, Gen Z, Nobody Organizations: Service, Facebook, Employment Opportunity Commission

☆ A surprisingly large percentage of hiring managers don't want to hire Gen Zers — or older workers
▼ + stars: | 2024-04-05 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

Persons: Gen Zers, —, Gen, Ageism, Stacie Haller, Haller, Zers, Barbara Corcoran, Gen Z, Nobody Organizations: Service, Facebook, Employment Opportunity Commission

☆ Workers aren't going to the office, but they are hitting the bars
▼ + stars: | 2024-04-04 | by ( Jordan Hart | Tim Paradis | ) www.businessinsider.com time to read: +6 min

Read previewZachary Timms, a project engineer in Houston, has rules around how he does happy hour with coworkers. Late-afternoon spending may have slipped in New York, per Square data, but post-work socializing seems to be going strong later in the evening for office workers. Seasoned employees warning younger colleagues about bringing out their "weekend personality" at work happy hour haven't always deterred the newest class. One TikToker shared her excitement for 5:01 p.m. this summer and the start of happy hour with colleagues. Advertisement"Just a quick reminder that you were actually more drunk and annoying at that work happy hour than you remember," TikToker Jack Lawler advised.

Persons: —, Zachary Timms, Timms, Zachary Timms He's, Shadé Smith, I've, Ara, Kharazian, TikToker, TikToker Jack Lawler, Brown, Gen Zers Organizations: Service, Business Locations: Houston, New York, NYC's, Irish

☆ A woman was told she wasn't hired for a job because of her appearance. Career experts say it happens all the time.
▼ + stars: | 2024-04-02 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

Read previewDespite giving a killer interview and ticking all the boxes the company was working for, Melissa Weaver didn't get the job she wanted. She was told she didn't put enough "effort" into her appearance. Advertisement"Beauty and appearance biases play a huge role in how women are perceived and treated in the workplace." Some said that outward appearance, including makeup, hairstyle, nail color, and clothing, all matter during a job interview. However, Michelle Enjoli, a career development coach and speaker, told BI that Weaver's appearance may not have been the issue at all.

Persons: —, Melissa Weaver didn't, didn't, Daniela Herrera, Weaver, Weaver hadn't, Tim Paradis, Herrera, Michelle Enjoli Organizations: Service, Business, Allies, Recruiting

☆ I was nervous and lonely after I got put on a PIP at work. But I survived and think it helped me grow.
▼ + stars: | 2024-04-01 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

However, during the PIP, I was diagnosed with ADHD, which I think explains why I sometimes struggled at work. I survived my PIP, but a coworker didn'tTwo of us were placed on a PIP at the same time — the two new people. The PIP meeting was the first time my employer formally stated expectations and standards. I didn't want it to seem like I didn't know anything. I didn't know what they expected me to know.

Persons: She'd, —, I'd, didn't, I've, hadn't, that's, We're, It's, I'm Organizations: Business

☆ I survived a PIP at work after getting diagnosed with ADHD and taking medication
▼ + stars: | 2024-04-01 | by ( Tim Paradis | ) www.businessinsider.com time to read: +8 min

However, during the PIP, I was diagnosed with ADHD, which I think explains why I sometimes struggled at work. The PIP meeting was the first time my employer formally stated expectations and standards. I didn't want it to seem like I didn't know anything. I didn't know what they expected me to know. AdvertisementADHD medication is helping me focusThe ADHD medication is helping a lot.

Persons: —, She'd, I'd, didn't, I've, hadn't, that's, We're, It's, I'm Organizations: Service, Business

Hold all traffic on the Key Bridge," the officer said. Police block off an entrance to the Francis Scott Key Bridge in Baltimore, Maryland, on March 29, 2024. "When they made that call, the bridge attendants did a remarkable job of stopping flow of traffic on each end. And that's what truly saved lives. Rescuers pulled two people — and two bodies — from the frigid river after the Francis Scott Key Bridge collapsed.

Persons: —, Baltimore's Francis Scott Key, Francis Scott Key, Scott Olson, Kevin Battle, Eric Dawicki, Dawicki, Andy Middleton, Middleton, James Staples, Kevin Dietsch, Philip Schifflin, Michael Campbell, it's, Dali, I've, Campbell Organizations: Police, Service, Baltimore Port Authority police, Rescue, Northeast Maritime Institute, Walmart, Maritime, Port Authority of, Rescuers, Center, Mariner, Seaman's Church Institute, The Telegraph, Massachusetts Maritime Academy, BI Locations: Baltimore, Singapore, that's, Baltimore , Maryland, Patapsco, Portland Harbor, Maine, Port Authority of Singapore, Europe

☆ This recruiter uses a late-night text message to see if candidates are a good fit for a job
▼ + stars: | 2024-03-29 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

You go to a job interview at 1 p.m.At about 10 p.m., you get this text: "Hey, Tim. Vanderbloemen's company uses the text-message test after job interviews for certain roles at his own hard-charging firm or for jobs where clients expect workers to be super responsive. Trial by text message joins other offbeat quizzes meant to help determine whether a job candidate should get an offer letter. Even with the text message, he said, it's often someone at his firm, not him, who might send it. Vanderbloemen said the text-message test still has its place in a world where some workers are trying to avoid being on call all the time.

Persons: Tim, Ben, proctor, William Vanderbloemen, that's, Vanderbloemen, who'd, it's, Slack Organizations: Service, Business Locations: Vanderbloemen, Houston, New York City

☆ Happiness is typically U-shaped throughout your life. The US has changed that.
▼ + stars: | 2024-03-27 | by ( Ayelet Sheffey | Tim Paradis | ) www.businessinsider.com time to read: +5 min

A recent global report found a decline in young people's happiness in North America. That's upending the idea that happiness in life follows a U shape. In North America, it now looks more like a J. Related storiesShe added that "younger adults in North America also reported lower levels of trust in the government, higher levels of concerns around corruption. AdvertisementThe idea of dual peaks in contentedness came from a 2010 article in The Economist called "The U-bend of life."

Persons: That's, —, Laura Aknin, Aknin, They're, Vivek Murthy, Christopher Wong Michaelson, Thomas Organizations: Service, Gallup, US, University of St, New York University Locations: North America, contentedness, Finland, Czechia, Lithuania, Slovenia

☆ Sign up now: how human-AI collaboration could innovate businesses' workflow
▼ + stars: | 2024-03-26 | by ( Leila Jordan | ) www.businessinsider.com time to read: +2 min

Business Insider's upcoming free virtual event "Human-AI Collaboration: The Key to Workplace Efficiency and Innovation" will be on April 23 at 12 p.m. EST. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Business Insider's upcoming editorial virtual event, "Human-AI Collaboration: The Key to Workplace Efficiency and Innovation," presented by Dell Technologies, promises a deep dive into the strategies and insights shaping the future of work. They will be joined by moderator Tim Paradis, Business Insider's future-of-work correspondent. The indispensable role of skill education initiatives in empowering employees to leverage AI technologies effectively.

Persons: —, Matt Baker, Mozziyar Etemadi, Tim Paradis Organizations: Business, Efficiency, Service, Dell Technologies Locations: Northwestern

☆ I didn't get a VP job in HR because the recruiter said I didn't try hard enough with my appearance
▼ + stars: | 2024-03-24 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

But I didn't wear makeup, which I didn't think was a big deal. She wrote back and said she was concerned that I didn't put enough effort into my appearance. I can only assume her concern was that I didn't put on makeup because I'd done everything else. This is about women supporting women and men supporting women as well. AdvertisementI didn't write the recruiter back because I didn't think it would make a difference.

Persons: Melissa Weaver, Weaver, didn't, It's, they'd, I'm, I've, it's Organizations: Yorker, Business

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