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And some of those relatively low stress jobs also pay handsomely. The least stressful job on the list that pays more than $100,000 per year is environmental economist, with a ranking of 52 out of 100. In terms of why the job might be comparatively lower stress, "They're not working in very competitive conditions," says Sinem Buber, lead economist at ZipRecruiter. Plus, "it's really a fulfilling job," says Buber, "knowing that you are doing something good for the environment, that you're doing something good for humanity. If you're considering doing the work to become an environmental economist yourself, keep in mind, all job experiences are relative, and no job is stress-free altogether.
Having focused on this work for nine years, she said what’s happening now with pay transparency will most likely mirror what has happened with remote work in recent years. But as the practice of pay transparency becomes more common and less of a novelty, choosing not to disclose salary ranges will be seen as out of the norm. Melanie Naranjo, who heads its "people team," said the company weighed common employer concerns before deciding that the benefits of salary transparency would outweigh any costs. He said listing salary ranges will help candidates better understand the value of their role, too. I think all of these future-of-work conversations are related, and a lot of these issues can be solved through pay transparency, but also pay flexibility.”
New York City's new pay transparency law went into effect on Nov. 1, which means that jobseekers — and anyone else who's curious — can find out how much money some of the top companies in the world are offering their employees. Under the law, businesses hiring in New York City must publish "good faith" salary ranges that include minimum and maximum pay for all job postings, promotions and transfer opportunities. While some major companies began including their pay ranges on job postings prior to the Nov. 1 deadline, other employers appear to have stalled or seem to be testing the "good faith" part of the law by posting what many workers see as overly broad salary ranges. For instance, the minimum and maximum base salaries for a business planning lead job at Google are almost $100,000 apart. Here's a sampling of what some of the top companies in New York City are offering to pay new employees, as of Friday morning:
Elon Musk made a surprise appearance at the Baron Investment Conference in NYC on Friday. "A lot of people once they become independently wealthy, they just can't bring themselves to work," the billionaire said. His remarks come on the same day that Twitter announced it is laying off up to 50% of its staff. "So as a company has prosperity and then people become wealthy, then for a lot of people once they become independently wealthy they just can't bring themselves to work or they just don't want to work," Musk said, speaking to a crowd of mainly affluent clients at the annual Baron Investment Conference. "I remember a good friend of mine saying starting a company is like eating glass, and staring into the abyss," Musk said.
The couple moved to Rio, where their two-bedroom apartment near the beach is half the rent. We moved to NYC in summer 2018, and my partner had promised me "two winters." Brazil won me over when I realized my income would stretch five to six times as far there as in the US. In Rio, we pay 5,000 reals, or about $1,000, for a two-bedroom, two-bathroom apartment with a home office and 24-hour doorman. We split that cost, so rent costs me about 2,500 reals a month.
The economy has been trending downward for months, but it seems the shoe we've all been waiting to drop — layoffs — is starting to come down. Over on the tech side, Insider is covering the mass layoffs at Twitter, which started last night. Bloomberg reports that Twitter has been hit with a class action lawsuit, alleging staffers were not given enough notice before the cuts. Click here to see all the companies across industries that have already conducted layoffs. Keep updated with the latest business news throughout your day by checking out The Refresh from Insider, a dynamic audio news brief.
A new pay transparency law is now in effect in New York City, and it's set to help millions of workers across the U.S. earn more money. It could also make sense for companies to publicize pay ranges on all jobs if they plan to allow any work to be done remotely. The law's start date was delayed from the spring after fierce opposition from New York City business groups. Starting January 2023, states including California, Rhode Island and Washington will require companies to list salary ranges in job ads. jobs.citi.comThe problem with basing salary ranges for a current listing on what people previously made is that it could be outdated.
New York City businesses and workers are clashing over what's considered an acceptable salary range. As of Tuesday, employers hiring in NYC must list the minimum and maximum pay range on all of their job ads. Who's responsible for figuring out 'good faith' rangesWhile the process of determining and publishing good faith ranges falls on employers, whether it's actually an acceptable one is playing out in the court of public opinion. On Tuesday, she began a Twitter thread of companies' pay ranges on openings, like a $50,000 to $145,000 range on a tech reporter role. But it's up to investigators to show a salary range isn't in good faith — not on companies to prove it is.
On Tuesday, a salary transparency law went into effect for most New York City companies. Starting Tuesday, employers in New York City have to include a "good faith" salary range in all job postings, following the lead of states like Colorado, Connecticut, and Nevada. According to recent Lattice surveys, 25% of employees know the pay range of their job while 9% knows the range of the next level. Although it's unclear where respondents worked, this number could increase as more people have access to salary range data. If you've just found out you're making less than others doing the same job, Williams and Carhart agree that you should not overreact.
Still, a revised entry for a post for a client services officer listed the salary range between $61,710 and $155,290 as of Wednesday, before it was taken down. A Citi respresentative tells CNBC Make It the company "is proactively reviewing all job postings to ensure the correct salary range is listed" and has "temporarily unposted select job postings and will repost when the salary range is confirmed." Employers test what it means to list a 'good faith' rangeThe law specifically states businesses hiring in New York City must post a "good faith salary range" for every job, promotion or transfer opportunity. But it's up to investigators to show a salary range isn't in good faith — not on companies to prove it is. The spirit of the law is to create transparency, and any company having large salary ranges like that doesn't create any transparency."
CNN —It’s almost a year since marathon runner Gotytom Gebreslase last spoke to her parents over the phone, a detachment she feels most strongly during races. “My wish is to meet them soon – that would make me happy.”Gebreslase breaks the tape at the World Athletics Championships. Some reassurance over her parents’ safety arrived following Gebreslase’s victory at the world championships in July, when she came across a TV report featuring an interview with her mother. “The result I got in the world championships built my confidence,” she says. “When I started running, [my parents] didn’t discourage me, they were encouraging me – especially my mom,” says Gebreslase.
25-year-old actor Eli Young lives full-time in an ambulance he renovated with $15,000. See inside the converted ambulance complete with a fold-out bed, shower, kitchen, and workspace. "I was really, really fed up." Without the burden of rent, Young says he now has the freedom to pursue acting gigs around the country. "I feel very lucky because I just don't see myself packing up everything and paying rent in New York."
Investing in Space: NASA and SpaceX need each other
  + stars: | 2022-11-03 | by ( Michael Sheetz | ) www.cnbc.com   time to read: +2 min
SpaceX CEO Elon Musk, left, speaks to NASA astronaut Bob Behnken at the launch tower of Kennedy Space Center's LC-39A complex on Mar. CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Indeed, early in its history, SpaceX won a crucial contract from NASA to deliver cargo to the International Space Station — before it even made it to orbit. Put another way, SpaceX is currently the sole path for NASA astronauts to get to and from orbit. NASA," Nelson said.
A depressed market is good for firms like Avenue Capital that make distressed investments. Billionaire CEO Marc Lasry breaks down the potential opportunities at a Forbes conference in NYC. Lasry sees demand booming for high interest rates loans of up to 15%. Lasry is the CEO and co-founder of Avenue Capital Group, which makes money in tough times, including through high-interest rate loans to distressed borrowers. It's just one reason the crowd gathered at the Forbes conference was interested in hearing him speak.
Migrants who have been bused to New York City in the thousands are finding themselves in a fruitless hunt for work while they try to build lives in the United States. It’s already been about a month, a month and a half in New York and we need to find work,” Yorvin Mateus, 24, said. Yet, with work hard to come by, the trio planned to try their luck in Chicago, another city that has been taking in migrants. The dormitory at the Randall's Island relief center in New York City on Oct. 18. Jan Rojas, a migrant from Venezuela, with his wife and four children in New York City.
‘Black Panther: Wakanda Forever’Even before making its way to theaters, “Black Panther: Wakanda Forever” — the long-awaited sequel to the 2018 film starring Chadwick Boseman — has birthed some of this fall’s biggest pop culture moments, including a Rihanna song drop. “Black Panther: Wakanda Forever” opens in U.S. theaters Nov. 11. “The Inspection” opens in U.S. theaters Nov. 18. “Bones and All” opens in U.S. theaters Nov. 23. “Strange World” opens in U.S. theaters Nov. 23.
The ones left behindHaving your bank acquired by the nation's largest retailer might seem like an exciting opportunity. Read our full deep-dive into how One customers feel frustrated by changes made to their bank in the wake of its acquisition. In other news:Diddy, Heidi Klum, and Mindy Kaling are just a few of the many celebrities that celebrate Halloween with statement looks. Diddy/Instagram; Noam Galai/Getty Images for Heidi Klum; Mindy Kaling/Instagram2. Credit to Heidi Klum for going all in.
It's the most wonderful time of the year... for a select few at Goldman SachsIt's one of the most exclusive clubs on Wall Street, and it's ready to open its doors to an esteemed few. Goldman Sachs is preparing to announce its newest crop of partners in what is the closest thing Wall Street has to a coronation. But, as crazy as this might sound about a bunch of people on Wall Street, it's more than just another zero at the end of your paycheck. Under Solomon, the partnership class has been 69 (in 2018) and 60 (in 2020), down a reasonable amount from the class prior to when Solomon took over (84 in 2016). Here's some advice on how to manage work-life balance on Wall Street from a former rising star at Bank of America.
CNBC Make It wants to hear from workers in New York City who will be impacted by the city's new salary transparency law. Once salary numbers are out, job seekers say public ranges will help them focus on applying to jobs that actually pay what they want — saving them time and anguish of finding out during interviews that the pay is too low. Job seekers say employer fears of losing applicants are overblownMany businesses that oppose the new law say that if they're required to list their pay ranges, competitors can outbid them and scoop up talent, especially in today's tight market. Job seekers say those concerns are overblown. Businesses should be more concerned about how not being transparent could put them on the outs with job seekers, she says.
Everybody wants to be a lender these daysStop me if you've heard this before, but a Wall Street firm wants to invest in debt. Schonfeld Strategic Advisors, the $14 billion family-office-turned-hedge fund is building out a new group focused on credit within its macro trading business, Insider reports. A general rule on Wall Street is that firms like to build businesses around complex things. A simple process means it is easily repeatable by someone else, which means more competition, which means smaller margins, which means less profit. The SEC issued $2.2 billion in fines on public companies, including 13 fines larger than $100 million, during its 2022 fiscal year, The Wall Street Journal reports.
Experts say legislation that promotes salary transparency from the employer's side is key to closing racial and gender wage gaps. What the law requiresThe law specifically states that beginning Nov. 1, "employers advertising jobs in New York City must include a good faith salary range for every job, promotion, and transfer opportunity advertised." It covers job ads calling for full- or part-time employees, interns, domestic workers, independent contractors or any other category of worker protected by the New York City Human Rights Law. What to expect on Nov. 1Some major companies began including their pay ranges on job ads prior to the Nov. 1 deadline. If a company isn't complying with the law, job seekers and workers can file complaints or leave an anonymous tip with the city's Commission on Human Rights, which may initiate an investigation.
Email icon An envelope. It indicates the ability to send an email. Trump and his company have cases in 3 NYC courthouses this week — but only 1 could really hurt himSpencer Platt/Getty ImagesDonald Trump's lawyers will be in a New York state of mind this week, when they'll argue on behalf of the former president and his company before state judges in three courthouses within the city limits. Just one of the three cases could ultimately do Trump severe damage — New York Attorney General Letitia James' $250 million fraud lawsuit, which seeks to run him, his three eldest children, and his company, the Trump Organization, out of New York state. Opening statements in that trial will begin on Monday.
New pay transparency law takes effect tomorrow in NYC
  + stars: | 2022-10-31 | 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 EmailNew pay transparency law takes effect tomorrow in NYCCNBC's Julia Boorstin joins Shep Smith to report on a new salary transparency law set to take effect in New York City tomorrow.
Trump lawyers will defend him and his business empire in 3 New York City courthouses this week. The state AG's fraud lawsuit is in court Thursday; jury selection is starting in a Bronx lawsuit. But the other cases in New York City courthouses this week could cause significant reputational damage and several million dollars in penalties if their juries reach guilty verdicts. There is the Trump Organization criminal tax-fraud trial just up the street, which will start its second week Monday with opening statements by company lawyers and Manhattan prosecutors. Then there is the third Trump case, a 2015 civil lawsuit which begins jury selection in state court in the Bronx on Monday.
That's how long it took three dads to drive across the country to raise money for their sons' rare genetic disease. The three men drove from New York to California, starting at the Red Ball Garage in NYC and ending at The Portofino Hotel & Marina in Redondo Beach. Along the way, they were able to raise $156,000 in donations to help fund research for SYNGAP1-related non-syndromic intellectual disability, more commonly referred to as SYNGAP1. All donations go to the SynGAP Research Fund, a volunteer-based nonprofit organization that raises money for the illness. "Inviting other SYNGAP dads who are also fundraising for the kids just made the most sense," Stelmaszek adds.
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