DIRS.INFO The most relevant business & tech news

☆ The end of American careerism
▼ + stars: | 2024-10-28 | by ( Aki Ito | ) www.businessinsider.com time to read: +13 min

AdvertisementClimbing the corporate ladder was once the cornerstone of the American dream. Maybe that's why earlier this year, a young New Yorker struck a chord on TikTok when he vowed to "descend the corporate ladder." Eventually, he got promoted into a corporate office role, and that opened up even more opportunities for advancement. "That was a betrayal from a company I had been incredibly dedicated to," Zack told me. Besides, the dream of climbing the corporate ladder was probably never as great as it seemed to be.

Persons: Zack, I'm, I've, Randstad, James Yates, Dell, careerism, Benjamin Franklin —, Shoshana Zuboff, James, he's, who's, Gen, Xers, Gen Zers, Michel Anteby, Aki Ito Organizations: New Yorker, Industrial, . Companies, Harvard Business School, BI, Professionals, Gallup, Boston University, Business Locations: United States, Italy, Spain, New Zealand, New, America

☆ Burnout Cure for Girlbosses: Female Executives Vs. Hustle Culture
▼ + stars: | 2024-09-08 | by ( Aki Ito | ) www.businessinsider.com time to read: +36 min

But for few has its pursuit been more complicated than for the elite career women Byars strives to help. AdvertisementWhen she finally felt ready to go back to corporate life, she looked for a more sustainable way to pursue professional success. The issue with high-achieving women, Byars says, is they focus on meeting only two of those needs — security (money) and esteem — while neglecting the rest. When the clients cry, it's mostly related to the need Byars says is the trickiest to meet: esteem. But if you're a woman with four kids and a senior-level corporate job, is there really any amount of mindset shifting you can do to avoid burnout?

Persons: Erin, She's, I've, Erin needn't, They've, Kathleen Byars, Byars, Kate, there's, Mary Kay, Scott, —, Ali, she's, that's, Erin interjects, Let's, I'm, They're, they're, she'll, Kiersten, We're, it's, It's, LeAnn Rimes, isn't, Erin's, strum, Aki Ito Organizations: Virgin, Goodlife Institute, CWU, Habitat, Humanity, BI, Business Locations: Nashville, I'm, Dallas, Chile, CWU, Byars

☆ Why Americans Hate Their Jobs; Fake Email Jobs, Meaningless Work
▼ + stars: | 2024-06-26 | by ( Molly Lipson | ) www.businessinsider.com time to read: +11 min

The American Psychological Association highlights findings that people who find their jobs meaningful are more engaged, show up to work more, and are healthier. Many in those industries have begun to refer to their work as "fake email jobs" — office jobs that largely involve sending emails without producing anything. Other people have managed to juggle multiple full-time remote jobs thanks to the limited amount of work each job actually required. Working a useless job is a "profound psychological violence," Graeber wrote, one that removes any sense of dignity and fosters "deep rage and resentment." Short of everyone quitting to become their own CEO, employers will need to figure out how to make work feel meaningful for their staff.

Persons: it's, Zers, Pew, Gen Zers, I've, Graeber, David Graeber, Simon Walo, —, Walo, Brendan Burchell, Burchell, Clay Routledge, Routledge Organizations: Pew Research, American Psychological Association, University of Zurich, University of Cambridge Locations: Italy, Spain, Sweden

☆ Bank of America's top global strategist shares 4 signs that a bubble continues to grow in US stocks — and 4 indicators to know when to get out of the market
▼ + stars: | 2024-03-09 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Bank of AmericaIn the note, Hartnett laid out more evidence that a bubble could be developing in stocks. The current real 10-year rate is 1.6%, according to Fed data. Hartnett said a falling number of job quitters shows a weakening labor market, hence the Fed's apparent willingness to cut rates soon. February's inflation data will be released next week, but January's data showed that prices are still rising at a pesky pace of 3.1%, above the Fed's stated goal of 2%. Whether a Fed pivot is a good thing for investors depends on just how cool labor market data becomes.

Persons: —, Michael Hartnett, Hartnett, quitters, Alejandra Grindal, Ned Davis, it's, Grindal Organizations: Service, Bank of America, Business, PHLX Semiconductor, Nasdaq, Semiconductor, Apple, Microsoft, Nvidia, Tesla, Meta, Bank of America's, Bureau of Labor Statistics, Ned, Ned Davis Research

☆ A quarter of smokers quit within a year or two of menthol bans, researchers find
▼ + stars: | 2024-02-21 | by ( Jen Christensen | ) edition.cnn.com time to read: +6 min

CNN —Menthol cigarette bans are effective at getting people to quit smoking, new research finds. The pooled results show that about a quarter of menthol smokers quit within a year or two when the substance is banned from cigarettes. Menthol cigarette smoking rates were lower in settings with national bans and highest when there were only local or statewide bans. Even if just a quarter of menthol smokers quit, it could improve the health of thousands of people. Menthol itself isn’t addictive, but menthol cigarettes are more attractive to new smokers, studies show, because the flavoring masks the harsh taste and smell that may put some new smokers off.

Persons: Biden, Dr, Sarah Mills, ”, Mills, Menthol, ” Mills, We’ve, menthols, Rafael Meza, Sanjay Gupta, Meza, There’s, ” Meza Organizations: CNN, US Food and Drug Administration, Tobacco Research, European Union, Food and Drug Administration, Department of Health, Gillings School of Public Health, US Centers for Disease Control, CDC, Studies, Foreign Relations, CNN Health, Cancer Research Institute Locations: Canada

☆ 6 signs your spouse is quiet-quitting your marriage, even if things feel fine
▼ + stars: | 2024-01-31 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +5 min

It can be hard to tell if a partner is quiet-quitting if they're pleasant and easygoing. Some signs of quiet-quitting include avoiding arguments, intimacy, and spending time together. AdvertisementIn the same way a person can quiet-quit a job they hate but can't leave yet , they can also quiet-quit a relationship or marriage. AdvertisementDegges-White shared some common signs someone is quiet-quitting the relationship — whether they're fully conscious of it or not. They don't crave intimacy with youOne of the biggest signs of quiet-quitting a relationship is no longer desiring intimacy, Degges-White said.

Persons: —, Suzanne Degges, White, it's, They're, they're, isn't Organizations: Service, Northern Illinois University, Partners Locations: ghosting

☆ The end of workplace loyalty
▼ + stars: | 2024-01-22 | by ( Aki Ito | ) www.businessinsider.com time to read: +16 min

Do that, and you generate the kind of trust and loyalty that leads to high productivity and low turnover. A world in which the psychological contract is profoundly broken. In the three decades following World War II, as Rick Wartzman documents in his book " The End of Loyalty ," a booming economy made American companies rich. Today, disillusioned workers might assume that the norm of workplace loyalty was nothing but a capitalistic ruse, a way for companies to exploit their employees. But the new loyalty would recognize that employees have to uphold their end of the bargain.

Persons: I've, Gen Xers, Gen Zers, they'll, Rick Wartzman, Wartzman, Denise Rousseau, Rousseau, who's, Mark, —, it's, I'm, he's, quitters, Nick Bloom, Stanford University who's, Anthony Klotz, Klotz, they're, It's, Aki Ito Organizations: Companies, Kodak, GE, Carnegie Mellon University, Stanford University, University College London, Employers, Business

☆ The numbers are in: Here’s how big your raise is likely to be next year
▼ + stars: | 2023-10-16 | by ( Aki Ito | ) www.businessinsider.com time to read: +5 min

Now it's: How much of a raise can I expect in 2024 if I stay in my current job? Sure — but it may wind up being the biggest boost in purchasing power that workers have gotten in years. If you think you deserve a raise that's higher than the 4% average, pay experts have a few tips. These days, as the hiring frenzy subsides, you're not as likely to get a bigger raise simply by switching companies. Which means that 2024 may be your last, best hope for landing an above-average raise — perhaps for years to come.

Persons: —, That's, it's, David Turetsky, What's, they're, Ruth Thomas, don't, Aaron Terrazas, Aki Ito Organizations: Congressional, Salary.com, Employees Locations: California, Washington, Payscale

☆ How big is your raise likely to be next year? We found out.
▼ + stars: | 2023-10-16 | by ( Aki Ito | ) www.businessinsider.com time to read: +5 min

☆ Why RTO mandates are layoffs in disguise, according to workplace experts: ‘Companies are daring employees to quit’
▼ + stars: | 2023-09-12 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +6 min

However, that is exactly what some companies want, according to workplace experts that CNBC Make It spoke to. RTO is a cheap and dirty way for companies to avoid legal complications and financial obligations associated with layoffs. "Rolling back those gains, such as remote work and flexible hours, is audacious, but companies are daring employees to quit," Ruettimann added. "RTO is a cheap and dirty way for companies to avoid legal complications and financial obligations associated with layoffs," said Ruettimann. "Announcing direct layoffs can lead to a drop in morale among remaining employees, which could affect productivity and overall workplace atmosphere," he added.

Persons: Dan Schawbel, Laurie Ruettimann, Meghan Biro, Schawbel, Ruettimann, It's Organizations: Companies, Workplace Intelligence, New York Times, CNBC, Bloomberg, Employees

☆ He’s Worked a Lot of Odd Jobs, and Has the Poems to Prove It
▼ + stars: | 2023-08-29 | by ( Jeff Gordinier | ) www.nytimes.com time to read: +4 min

You can pick up the echo in “Fixer," the haunting second collection of poems from Edgar Kunz. The narrator of these poems bounces from one side hustle to another, each more absurd than the last. In “Model,” he’s paid to pose in jeans at a gas station. In “Shoulder Season,” he’s paid to slice window panes out of massive sheets of glass. I am notany of those things, but I amnot comfortedNo one will accuse Edgar Kunz of being out of step with the zeitgeist.

Persons: Edgar Kunz, Herman Melville, noncompliant scrivener, ”, Charles Bukowski’s, Edgar Kunz ., ” he’s, Kunz, —, you’re, WillRobotsTakeMyJob.Com, Edgar Kunz of, Raymond Carver, Kunz doesn’t flinch, “ Organizations: “ Locations: American

☆ 'Loud laboring' and 'quiet thriving' rank among the buzziest workplace trends. Here's what you should know.
▼ + stars: | 2023-08-09 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Quiet quitters and grumpy stayers grabbed headlines, but other workplace trends are gaining steam. More recently, "quiet thrivers" and "loud laborers" have been enjoying their time in the spotlight. Now, new trends such as "quiet thriving," "loud laboring," and "lazy girl jobs" are picking up steam. 'Loud laboring'"Loud laborers" sit among quiet quitters and grumpy stayers in modern workplaces. Dubbed the noisier cousin of quiet quitters, you are more likely to find "loud laborers" discussing their work rather than actually getting on with it.

Persons: stayers, Lesley Alderman, Insider's Sawdah Bhaimiya, Alderman, it's, demotivated, Nicole Price, TikToker Gabrielle Judge, Marc Cenedella Organizations: Service, LinkedIn, CNBC Locations: Wall, Silicon, Washington

☆ 'Loud laborers,' the irritating cousins of quiet quitters, may be affecting morale at work
▼ + stars: | 2023-08-09 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

"Loud laborers" have been dubbed the noisier cousins of quiet quitters. You may be working with "loud laborers." "Loud laborers" have been dubbed the noisier cousins of quiet quitters, workers who refuse to bend to the level of overworking expected in corporate America. More recently, Nicole Price, a leadership coach and workplace expert, also discussed "loud laborers." She said: "Loud laborers are often quite politically savvy and are very active on professional social networks, where they publicize their tasks and achievements."

Persons: André Spicer, Spicer, Nicole Price, Price Organizations: CNBC, Service, Bayes Business, The Guardian, Guardian, Workers Locations: Wall, Silicon, America

☆ Forget ‘quiet quitting’ — ‘loud laborers’ are killing workplace morale. Here’s how to spot them
▼ + stars: | 2023-08-09 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

[Loud laborers] ... may crave attention and love to hear themselves talk even when it was nothing extraordinary, they were simply doing their jobs. "Loud laborers are often quite politically savvy and are very active on professional social networks, where they publicize their tasks and achievements," she added. Why some focus on 'visibility'Why do loud laborers exist? What you can do about loud laborersWhile loud laborers in the workplace may be irksome, it is important to set boundaries as best you can, said Salemi. For Price, loud working is persistent in a workplace because such behavior has been rewarded or validated by leadership.

Persons: you've, André Spicer, Nicole Price, Vicki Salemi, Price, Salemi, bode Organizations: Bayes Business, CNBC

☆ Meet the grumpy stayers: People stuck in their jobs who can't leave for better gigs
▼ + stars: | 2023-07-23 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +7 min

He's one of the country's "grumpy stayers": workers who are reluctantly staying put in a cooling labor market. Grumpy stayers are in some ways the next iteration of quiet quitters, rattled by layoffs and fewer opportunities. In other words, grumpy stayers might be feeling left behind, with salaries lagging behind those of their peers who've departed. No room for improvementA theme across grumpy stayers is that they don't want to be grumpy, but work conditions make them that way. One solution, she said, would be for companies to engage with their grumpy stayers and lean more on their expertise to solve problems.

Persons: didn't, Jose Gonzalez, he's, hasn't, Gonzalez, Gonzalez isn't, they'd, stayers, Elizabeth, she'd, Erica Groshen, who've, Groshen Organizations: Service, Cornell University's School of Industrial and Labor Relations, Companies Locations: Wall, Silicon, Massachusetts, Texas

Time and again, predictions about ways in which the labor market had been permanently changed have proved temporary or even illusory. Women lost jobs early in the pandemic but have returned in record numbers, making the she-cession a short-lived phenomenon. Retirements spiked along with coronavirus deaths, but many older workers have come back to the job market. In a historically strong labor market with very low unemployment, workers have a lot more power than is typical, so they are winning better wages and new perks. And a shift toward working from home for many white-collar jobs is still reshaping the economy in subtle but important ways.

Persons: he’s

☆ Hustle culture isn't dead, it just got a Gen Z rebrand: 'People want time to live their lives'
▼ + stars: | 2023-06-28 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +6 min

The oldest members of Gen Z are just a few years into being part of the workforce, and they're already being stereotyped as lazy. Hustle culture isn't dead — it's just getting a Gen Z rebrand. When I think of my peers and Gen Z, I don't hear anyone talk about corporate success or climbing the corporate ladder. Jade WaltersWalters, like many of her peers, has a side hustle: The Ninth Semester, a Gen Z career resource. As Gen Zers gain ground in the labor force, it's likely those values will flow through other generations of workers, too.

Persons: Gen, they've, Gen Zers, — it's, Zers, Jade Walters, it's, Jade Walters Walters, Martha Bird, Walters, Covid, Bird, DeAndre Brown, Brown, Hustling Organizations: ADP Locations: Chicago, Los Angeles

☆ 1 in 5 employees are ‘loud quitting.’ Here’s why it’s worse than 'quiet quitting'
▼ + stars: | 2023-06-28 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

While quiet quitting is often regarded as a personal rejection of the hustle culture, some workers are no longer keeping discontentment on the down-low — instead, they are engaging in "loud quitting." Almost 1 in 5, or 18%, of global employees are loudly quitting or actively disengaged, according to a new report from Gallup of more than 120,000 global employees. What loud quitting means for companiesLoud quitting can signal "major risks" in an organization that should not be ignored, Gallup said. Quiet or loud quitting employees would also switch jobs for less pay, compared to engaged employees who require a 31% pay increase to consider a job switch, according to Gallup's analysis. "Quiet quitting employees are your organization's low-hanging fruit for productivity gains.

Persons: Gallup Organizations: Gallup, Gallup State

☆ First there was quiet quitting. Now it's become grumpy staying.
▼ + stars: | 2023-06-28 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Quiet quitting is getting louder as more unhappy workers are staying put. Welcome to grumpy staying, in which workers begrudgingly skate by in a tightening job market. Gallup's 2023 State of the Global Workplace report, which surveyed 122,416 workers across the world, found that 59% of employees are quiet quitting — and 18% are "loud quitting." Welcome to "grumpy staying," where workers don't have the leverage to quit, and some aren't too pleased about staying. Are you grumpy staying at your job?

Persons: —, Insider's Ashley Stewart, Stewart, Nela Richardson, hasn't Organizations: Service, Privacy, Workers, Microsoft, Gallup, ADP Locations: Salesforce

☆ Nearly 1 in 5 workers are 'loud quitting' at their jobs, a new Gallup poll says — and it's way more extreme than 'quiet quitting'
▼ + stars: | 2023-06-24 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Nearly 1 in 5 employees worldwide are "loud quitting" at their jobs, a new Gallup report says. Here's what loud quitting looks like in the workplace. Between the 18% of employees loud quitting and the 59% quiet quitting, Gallup estimates low employee engagement costs the global economy $8.8 trillion and accounts for 9% of global GDP. Quiet quitting refers to doing your job just as advertised, not going above and beyond. "The cause of this loud quitting, or even quiet quitting, is really primarily in how people are managed," he said.

Persons: Gallup, —, You've, they've, Jim Harter, they'll, Harter, " Harter Organizations: Gallup, Service, Employees, Workers

☆ In a poll of 120,000 workers around the world, more than half were found to be 'quiet quitting,' and Gallup thinks it could cost the global economy $8.8 trillion
▼ + stars: | 2023-06-15 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Gallup says "quiet quitting," in which workers do the bare minimum, is a global phenomenon. Forty-four percent of respondents also said they'd experienced stress at work the previous day. Gallup's 2023 State of the Global Workplace report surveyed 122,416 employed respondents ages 15 and over in more than 160 countries from 2022 to 2023 and concluded that 59% of the workers worldwide were "quiet quitting." The report used respondents' answers to a series of 12 questions to split those surveyed into three categories at work: engaged, not engaged, and actively disengaged. Gallup's report estimated that such low engagement at work was costing the global economy $8.8 trillion, or 9% of global gross domestic product.

Persons: Gallup, they'd, —, it'd, Gallup didn't, Gen Zers, Zers weren't Organizations: Service, Gallup, Deloitte

☆ How to 'quiet quit,' from a former teacher who did it for 2 years so she could enjoy a better life while still getting a paycheck
▼ + stars: | 2023-04-24 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Maggie Perkins, 30, engaged in "quiet quitting" while working as a teacher beginning in 2018. In 2018, she decided she needed a change and began engaging in what's recently become known as "quiet quitting." Perkins prefers the term "quiet working," however, because many teachers genuinely engage in their jobs and don't want to quit. She believes the term "teacher shortage" is a misnomer: It's a "teacher exodus." If you have a story to tell about "quiet quitting" reach out to this reporter at jzinkula@insider.com.

☆ Jim Cramer: This is what I learned from the real first week of earnings season
▼ + stars: | 2023-04-23 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

"Simply stated we're in a freight recession." That line, uttered last Monday by Shelley Simpson, president of J.B. Hunt (JBHT), the fourth-largest trucking company in the United States, was the most memorable of the real first week of earnings season. If so, it would know that we're dealing with much more than a freight recession. It's not enough to offset the immense deflationary pressure emanating from the regional banks and the freight recession described by J.B. Hunt. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Organizations: & $

☆ The R.T.O. Whisperers Have a Plan
▼ + stars: | 2023-04-11 | by ( Emma Goldberg | ) www.nytimes.com time to read: +4 min

Resistors are typically senior-level employees and high performers, workers who aren’t worried that defying return-to-office rules will yield professional consequences. Those are the employees who when pushed to return to the office will quit — either on the spot or in the months after R.T.O. It’s not about remote workers detaching from work, but instead about people resisting when pushed toward working conditions they don’t like. Workers of color, who can feel marginalized within corporate work structures, tend to bristle at return-to-office mandates, Tsipursky said. A survey from FlexJobs, a remote-employment search site, found that 80 percent of women ranked remote work as a top job benefit, compared with 69 percent of men.

Persons: aren’t, They’ve, they’re, —, “, ” Tsipursky, It’s, Tsipursky, doesn’t, Knoblock, ” Organizations: Gartner, microaggressions, Workers Locations: Black, FlexJobs

☆ How to fall in love with your 9-to-5 again
▼ + stars: | 2023-04-10 | by ( Alexandra York | Rachel Durose | ) www.businessinsider.com time to read: +7 min

In June 2022, at least 50% of workers across the country were quiet-quitting, according to a poll by Gallup. "It's helping me not burn out as much, and I'm actually doing a better job at work because I'm not resentful or tired all the time." Take on these more fulfilling roles if you're looking "to still be succeeding in your work and furthering yourself but in the guise of that 9-to-5," Luong said. "Now when I'm working, I'm focused on work, but I'm super efficient in getting work done so I can focus on my business." Living in a New York City apartment, Farage told her manager she felt stuck working from home every day.

Search resuls for: "quitters"

25 mentions found