DIRS.INFO The most relevant business & tech news

☆ These are the top 3 cities for new grads to launch their lives and careers: 'I can afford the house I want and the life I want'
▼ + stars: | 2023-05-15 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +9 min

1 best metro area for new grads in 2023 is the area surrounding Lubbock, Texas. Data is one thing, but what is it actually like to be a young person living in these areas? "Other cities did great in one or two areas max, but Lubbock offers the whole package," DeJohn says. Many of the clients Douglas works with are young homebuyers around her age and just out of college or grad school. "Here, I know I can afford the house I want and the life I want," she adds.

☆ Airbnb CEO Brian Chesky calls out RTO mandates from execs 'going away to the Hamptons' and Europe this summer
▼ + stars: | 2023-05-13 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

In an interview earlier this week, Airbnb CEO and co-founder Brian Chesky pointed out that a revival of return-to-office pushes are often coming from executives with the most amount of flexibility. Of course, Chesky is incentivized to encourage remote work, which can allow people to work while traveling for extended periods of time. He said monthly stays make up one-fifth of Airbnb's business and are one of its fastest-growing segments. Even so, senior-level workers generally get more flexibility in when and where they work. Check out: Bosses think in-office work 3 times a week is ‘the magical number.’ ‘It’s not,’ says CEO

☆ Why the U.S. government, the country's largest employer, wants to ban the salary history question
▼ + stars: | 2023-05-12 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +1 min

The federal government, the largest employer in the U.S., wants to make the salary history question a thing of the past. The U.S. Office of Personnel Management, OPM, introduced a proposal this week that would bar hiring managers from asking candidates about their salary history, and it could impact 1.5 million roles, Axios reports. Pay equity advocates say the salary history question perpetuates cycles of marginalized workers, namely women and people of color, being underpaid by basing their new pay on previous earnings, which could be artificially low due to discrimination. On average, women in the U.S. are paid 84 cents for every dollar paid to a man, and the gap widens for many women of color. The gap widens for women of color — 15% for Black women in comparison to what white men are paid, and 27% for Native women.

☆ 26-year-old pays $1,157 a month for a 240-square-foot studio: 'I didn't even know they made apartments this tiny'
▼ + stars: | 2023-05-06 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

Before Chi Baik moved into her 240-square-foot studio in Seattle last year, she tells CNBC Make It she"didn't even know they made apartments this tiny." Baik moved in September of 2022 and used to pay $1,550 for the place. John Paget | CNBC Make ItHer kitchen has modern finish with a two-burner stove but no oven. John Paget | CNBC Make ItChi Baik moved to Seattle from the Washington, D.C., area in the fall of 2022. Chi Baik is getting her Ph.D. at the University of Washington in special education Jon Paget | CNBC Make It

☆ These are the most popular internships Gen Z is looking for—tech isn’t No. 1
▼ + stars: | 2023-05-04 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

As college graduation season nears, new data shows a growing number of people are considering taking internships after school. increased by 1,850% between January 2021 and March 2023, according to Google search data from Semrush provided to CNBC Make It. As for the most popular internships of recent years, the top 10 most searched-for intern roles from January 2021 to March 2023, based on Semrush data, include:Accountant internships Graphic designer internships Mechanical engineer internships Psychologist internships Engineer internships Data analyst internships Electrical engineer internships Social worker internships Civil engineer internships Nurse internshipsEconomic instability in recent years could be driving people, not just students, to consider jobs in less volatile sectors, says Eugene Levin, president at Semrush. Meanwhile, some nontraditional roles outside the office have seen the fastest-growing search interest since the early days of the pandemic, according to Semrush data. Check out: The top 10 buzziest companies Gen Z wants to work for—none of them are in Big Tech

☆ New grads are already worried about being overworked in their first jobs out of college
▼ + stars: | 2023-05-03 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

The top concern soon-to-be-grads have about entering the current job market has nothing to do with money, according to a new survey of 500 incoming college graduates from A.Team, a tech hiring platform. Instead, when asked about their top concern about the work landscape, 21% said they were most worried about finding a role that affords them work-life balance. Not far behind, 19% of new grads are concerned about not finding a job they're passionate about, while another 18% say potential layoffs are their biggest worry. Reports of academic burnout from college students got worse during the pandemic and remains a problem: As of 2022, 2 in 5 undergrads say they frequently feel stress while attending school, according to research from Gallup and the Lumina Foundation. Gen Z's calls for work-life balance could reshape workplace culture

☆ The top 10 buzziest companies Gen Z wants to work for—none of them are in Big Tech, says new report
▼ + stars: | 2023-05-01 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +5 min

The graduating class of 2023's desire for stability in an uncertain economy is dictating where they want to work most after college. It's hard to escape unrelenting news of tech layoffs in recent months, including major staff cuts from Meta, Google, Amazon, Microsoft and many others. "They're gravitating toward companies that offer solid benefits, career pathing and a level of stability they've been looking for." Most young professionals plan to pick up new tech skills for their careersThough search interest for major tech companies dropped, Cruzvergara says today's grads are more likely than their predecessors to be interested in jobs that require tech skills. New college grads feel confident they have the skills they need to get the job they want but also plan to develop new tech skills on the job or after hours.

☆ Chocolate King Charles III sculpture unveiled to celebrate coronation
▼ + stars: | 2023-04-26 | by ( Amarachi Orie | ) edition.cnn.com time to read: +1 min

CNN —A life-sized chocolate bust of Britain’s King Charles III weighing 23 kilograms (more than 50 pounds) has been unveiled by confectionery brand Celebrations to mark the forthcoming coronation. One of each of the Celebrations chocolates, including Snickers, was used to create the medals on his chest. Celebrations is all about bringing people together and we are thrilled to be sharing this occasion with so many chocolate lovers up and down the country,” she added. The chocolate bust will be on display in the southeastern English town of Slough at Mars Wrigley UK HQ, the headquarters of Mars, which owns the Celebrations brand. King Charles III’s coronation will take place on May 6 in London’s Westminster Abbey.

☆ Stanford and MIT study: A.I. boosted worker productivity by 14%—those who use it 'will replace those who don't'
▼ + stars: | 2023-04-25 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

The study is thought to be the first major real-world application of generative AI in the workplace. Researchers measured productivity of more than 5,000 customer support agents, based primarily in the Philippines, at a Fortune 500 enterprise software firm over the course of a year. In some cases, using AI trumped having real-life work experience: Customer service agents with two months of experience who used AI support performed as well or better than agents with over six months of experience working without AI. Meanwhile, the use of AI tools showed a minimal impact on "experienced or highly skilled workers," the authors note, and at times served as a distraction. AI support can be especially helpful to entry-level or early-career workers, says Lindsey Raymond, an MIT Ph.D. candidate and co-author of the paper.

Persons: chatbots, Lindsey Raymond, Raymond Organizations: Stanford, MIT, Bloomberg, Fortune, Tech Locations: Philippines

☆ This 28-year-old ignored warnings about job-hopping and doubled her salary to $186K in 5 years
▼ + stars: | 2023-04-21 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +5 min

In 2019, she got a promotion to a product development role and a salary bump to $89,000. Product manager: $130,000By 2020, El-Amin began talking to former college classmates about moving to a new company. She spoke with a fellow alum who worked at Mastercard, who ended up referring her to a product manager job. Technical product manager: $186,000 plus a $29,000 signing bonusBy May 2021, El-Amin was looking to change course again. "I was probably a little too overly confident that I could just easily land another role as a product manager."

☆ 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."

☆ Should you still apply for a job offering below your pay range? What to know about negotiating salary now
▼ + stars: | 2023-04-19 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

With that said, Machado says using public salary ranges is only the jumping off point to discussing money in a job interview — here's why. Courtesy of sourceMachado says this could be a good thing if you see a job you're really excited about but see the salary range is lower than what you're aiming for based on your market value. State your excitement for the job, why you think you'd excel at it, and why your expertise commands a salary range you've already researched. During her time as a recruiter, Machado saw that hiring managers were often flexible with the compensation they could offer for the right person. Don't let salary ranges limit the pay you're looking forMachado says she'll sometimes hear from clients who've done their market research and have their salary expectations set, but get discouraged when they see published salary ranges much lower than what they want.

☆ Look for these 5 'green flags' before taking a 4-day workweek job, says hiring expert
▼ + stars: | 2023-04-17 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

There's never been a better time to try to find a job with a four-day workweek. It can also be helpful to ask about the skills and experiences help someone thrive while working a shortened week. For example, leaders at four-day workweek companies recently told CNBC Make It they look for candidates with outstanding initiative, autonomy and adaptability. The company sets clear expectations around the fifth day offAsk each person how they use their day off, Salemi says. The company has a strong perspective of what flexibility looks likeA shortened workweek is just one component of workplace flexibility.

☆ These are the top 10 cities to find a remote job
▼ + stars: | 2023-04-15 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Fewer people are working from home today compared with the last few years, but remote work is continuing to reshape major cities across the U.S. Nationally, roughly 12% of job openings explicitly allow remote work at least one day a week, according to data from WFH Map, a group of economists and researchers measuring the lasting impacts of remote work, and Lightcast, a labor-market analytics firm with access to online job postings across the nation. Markets with labor shortages and a high share of job vacancies are more likely to have openings that will allow remote work, compared with cities where hiring has returned to pre-pandemic levels. When compared with international counterparts, the share of remote job openings in the U.S. is similar to what's being offered in Canada, Australia and New Zealand, hovering around 11% to 12%. The U.K., meanwhile, stands out with about 18% of jobs open to remote work as of February.

☆ 3 industries with the greatest risk of layoffs—and 4 that are probably secure
▼ + stars: | 2023-04-14 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

Information services jobs, ranging from software engineers to recruiters for tech talent, are most at-risk of layoffs in a potential recession because headcount grew so quickly during the pandemic, fueled by shifts in consumer behaviors that required businesses to move everything online, says Frank Steemers, a senior economist with The Conference Board. High-growth tech companies are also more sensitive to interest rate hikes that have happened for the better part of a year now. However, while tech layoffs are taking up headlines, Steemers says these workers are getting rehired quickly across other sectors like health care and business, so they're not being captured by unemployment figures. Jobs in transportation and warehousing, construction, repairs, personal and other services are at risk of being cut because customer demand for e-commerce has slowed now that buying and experiencing things in-person is back on the table. People are also shopping less due to high inflation, high interest rates on debt and high job insecurity with layoff headlines in the news.

☆ This Massachusetts lawmaker wants to create a 4-day workweek: 'A life built around working all the time is not a very happy one'
▼ + stars: | 2023-04-13 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

A pair of Massachusetts lawmakers are the latest to try and make the four-day workweek a reality. Rep. Dylan Fernandes of Falmouth and Rep. Josh Cutler of Duxbury filed legislation this week to create a voluntary program, the "Massachusetts Smart Work Week Pilot," that would create a tax credit for businesses who move their workers to a shorter week for the same pay. Participating businesses would be required to transition at least 15 workers to a 32-hour, four-day weekly schedule without reducing their salaries. Employers would receive a tax credit in exchange for regularly reporting the shortened week's economic and social impact in their organization, such as on employee wellbeing and work-life balance. The legislation will now be directed to a committee and considered in a committee hearing.

☆ The best time to ask for a raise, says a recruiter who's worked for Meta, Microsoft and LinkedIn
▼ + stars: | 2023-04-11 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Even some HR experts say they wish they'd known this sooner, including Maddie Machado, a reverse recruiter in Tampa, Fla., who's previously worked for Meta, Microsoft and LinkedIn. She once alerted her boss she wanted to revisit her pay and got a 10% raise offer without having to negotiate. The best time to ask for a raise, then, is when you're prepared to make a strong case for it based on your contributions and performance. When making your ask, Machado says, "shoot a little higher than you'd be excited about, because they're going to negotiate it down." For example, if you're hoping for a $10,000 raise, you might want to ask for $15,000 knowing HR might counteroffer.

"It feels like I'm starting a new chapter in my life, and I'm really excited for it," she says. Chi Baik, 26, lives on $27,000 a year as a Ph.D. student in Seattle. Baik knows most people will think $27,000 is "so little money," but says "I feel very grateful that I'm making that much, that I have a home to live in, especially in Seattle. The unhoused population is really large, and that makes me even more grateful for the money that I am making." She decided to pursue her doctorate earlier than she planned as a sort of break from the demanding work of teaching special ed during the pandemic era.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow a 26-year-old earning $27,000 in Seattle, Washington, spends her moneyChi Baik, 26, lives in Seattle, Washington, and earns $27,000 a year as a Ph.D. student. Baik used to work as a teacher outside Washington D.C., but moved to Seattle to get her Ph.D. in special education at the University of Washington. Despite earning less money and having higher living expenses, she is grateful for the money she is making and still finds ways to treat herself. 07:51 an hour ago

☆ The top 3 countries where it’s easy to settle into a new life abroad, according to expats
▼ + stars: | 2023-04-09 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Traveling abroad is one thing, but starting a new life overseas is another. Expats who've moved abroad say Bahrain, the United Arab Emirates and Singapore are the top three places where it's relatively easy to settle in, according to a 2022 Internations survey of nearly 12,000 expats around the world. Newcomers say it's easy to get a visa, find housing, access government services online and get around without speaking the local language. These expats are most likely to work in finance or banking, Internations says, and the countries aren't big spots for retirees. New residents there say it's easy to deal with local authorities, open a new bank account and access a robust digital infrastructure.

☆ 1 in 3 people would quit for a 4-day workweek job, according to a new report
▼ + stars: | 2023-04-07 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

The four-day workweek is gaining momentum, and people say they're willing to quit to have it. A majority, 61%, of workers say they'd rather have a four-day workweek than the traditional five, and 33% say they'd quit their job to for one with a shortened week, according to a Monster survey of 868 workers conducted in March. Half of those surveyed say they'd be more productive with a shortened workweek, and 10% would even take a pay cut for the benefit. More companies may experiment with a shortened workweek, especially if they can't award raises or promotions in a challenging economic environment. The share of companies offering a 4-day workweek benefit reached the 10% threshold for the first time last year, according to a recent Payscale report.

☆ NYC worker saw her job title advertised at up to $90K more than her pay—what to do if it happens to you
▼ + stars: | 2023-04-06 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

That's what happened to Kimberly Nguyen in March: The NYC worker went viral on Twitter when she saw an opening for her job title was being advertised with a pay range up to $90,000 higher than her own salary. A slim minority, 45%, of companies currently include pay ranges in job postings, according to a 2023 Payscale report. If you find your own job title online listed at a higher salary, here are some things you can do. There are some good reasons why similar job titles could have different pay ranges, says Ruth Thomas, a pay equity strategist at Payscale. You could use public salary ranges to ask for a raise.

☆ How 2 Gen Z climate leaders turn their eco-anxiety into action: 'This isn't a fad. This is the future'
▼ + stars: | 2023-04-02 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

The climate crisis impacts everyone, and young people feel especially stressed about the warming planet. In a recent conversation at the South by Southwest conference in Austin, Texas, tech founder and philanthropist Alexis Ohanian spoke with two Gen Z climate leaders about how they manage their eco-anxiety. Penn says the biggest way she confronts climate anxiety is by taking action, and her biggest motivator is using hope and joy as tools of resilience. Most recently, Penn says she channels her climate anxiety through art, namely through her first animated short film "Asali: Power of the Pollinators" with executive producer Viola Davis, which comes out in April. She also stresses the need to tap into Black, Brown and Indigenous communities to measure negative impact as well as seek solutions.

☆ 'Jeopardy' champ Amy Schneider's new favorite career tip: It 'kind of blew my mind'
▼ + stars: | 2023-03-31 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

The advice "kind of blew my mind," Schneider says. The simple change shifted how Schneider's friend felt about herself and how other people interacted with her. That mission statement can keep you on track with projects and goals you've set out for yourself. It can also help to stop doomscrolling and seek out stories of achievements within the trans community, Schneider adds. Check out:Meet 6 women changing the world in 2023Amy Schneider is the first woman to win $1 million on 'Jeopardy!'

☆ This coaching business wants to bring the 4-day workweek to Fortune 100 companies
▼ + stars: | 2023-03-29 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Another company is piloting a four-day workweek, and it could make a shortened week the norm within Corporate America. Exos is a coaching company that trains pro athletes and runs corporate wellness programs at 25% of the Fortune 100, including Intel, Capital One and Humana. One clear rule: You can't message other people or try to set up meetings for Fridays, Robb O'Hagan says. Exos, a coaching company that trains pro athletes and runs corporate wellness programs, will pilot a 4-day workweek in May. "At the end of the six months, we're committed to continuing with the four-day workweek unless there's such extreme negative results that we'd choose otherwise."

Search resuls for: "Jennifer Li"

25 mentions found