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Search resuls for: "Insider's Aki Ito"


7 mentions found


☆ Gen Z still can't make up its mind about working in the office
  + stars: | 2023-01-30 | by ( Amanda Goh | ) www.businessinsider.com   time to read: +3 min
Gen Z is divided on the question of remote work, according to a new Dell Technologies study. In a survey, 29% of respondents said remote work is important, but another 29% said they favor office-based roles. As Insider's Aki Ito wrote in June, the preference for remote work is largely split by generation, with the oldest workers expressing the strongest preference for permanent remote work and the youngest workers — Gen Z — expressing the least preference. Many companies have been changing their remote work policies as the world continues to adjust after the pandemic. Meanwhile, JPMorgan's CEO Jamie Dimon is famously against remote work, and the company has been tracking staff office attendance using employee ID swipes.
☆ The bloodletting at Goldman Sachs might not be done yet as the bank looks for more ways to cut costs
  + stars: | 2023-01-18 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
If you're a Goldman Sachs' employee who made it through the company's recent layoffs, be warned: There could be more to come. Anyone hoping Goldman's fourth-quarter earnings report would represent a fresh start for the bank was sorely disappointed. Today should provide some hints at to how the bank will navigate things, as Goldman is set to inform employees on their year-end bonuses. Steve Pagliuca, the PE firm's co-chairman, is retiring, The Wall Street Journal reports. Read more on how Wall Street analysts got it so wrong.
☆ One chart shows how employment has changed throughout the US economy almost 3 years after the start of the pandemic
  + stars: | 2023-01-14 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +6 min
The US labor market has been above its pre-pandemic February 2020 employment level for a while. Some sectors are still below pre-pandemic employment almost three years since the official start of the pandemic. While leisure and hospitality isn't back at its pre-pandemic employment level, it still has been experiencing large monthly job gains as workers are needed to meet demand. Air transportation was 11.7% above its February 2020 employment level in December. It continued to expand throughout the pandemic and was 30.8% above its pre-pandemic employment as of December.
☆ Compass is reeling from a horrible year, from financial losses to tech troubles to mass layoffs
  + stars: | 2022-12-18 | by ( Matt Turner | Daniel Geiger | Jordan Parker Erb | ) www.businessinsider.com   time to read: +5 min
You can get the latest on that and much more from our finance newsletter, 10 Things on Wall Street. It's a snappy weekday read with the biggest stories on the Street, plus the latest on hot-spot restaurants, industry parties, and so much more. On the agenda today:Up first: Senior real-estate correspondent Daniel Geiger is giving us a behind-the-scenes look at the recent turmoil at Compass. With home sales dipping amid rising interest rates, Compass has cut workers and bled cash. In June, it laid off about 450 corporate staff, and in October, it let go of about half its 1,500-person tech team.
☆ Class of 2023 rejoice: Companies are ramping up hiring of new college grads as experienced workers are harder to find amid the labor shortage
  + stars: | 2022-11-06 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com   time to read: +9 min
The labor market is still tight, but employers are ready to hire from the pool of new college graduates. NACE found that respondents plan to hire 14.7% more 2023 graduates compared to the class of 2022. That's good news for workers, especially recent college graduates. "For instance, in many cases it costs less to hire a recent college graduate compared to a mid-career or senior-level professional." But it noted "only 6% expect to cut back on hiring new college graduates."
☆ Remote workers are powering through and working while sick — and it's bad for them and their companies
  + stars: | 2022-10-23 | by ( Juliana Kaplan | ) www.businessinsider.com   time to read: +9 min
When some remote workers get sick, they decide to log on for work anyway. Research says workers think they'll feel guilty if they take off; they feel more guilty for working. Workers need to feel comfortable deciding to take time off, and feel comfortable articulating those boundaries. The problem is, Gerpott said, that "human beings are very bad at predicting how they will actually feel." Instead, workers feel more guilty — because they couldn't help their colleagues or themselves very well.
☆ Time-off policies are more generous than ever. So why does everyone feel more burned out than ever?
  + stars: | 2022-09-21 | by ( Molly Lipson | ) www.businessinsider.com   time to read: +10 min
Nearly a fifth of respondents said they avoided taking vacation time for fear of being seen as not committed enough to their jobs. Many companies don't adjust their expectations based on their new leave policies and simply expect workers to cram in the same amount of work. When it was time to return to work, Paraskeva found herself unable to go in. The hypocrisy of time-off policies makes it clear that they seem to benefit the employer much more than workers themselves. By forcing people to pile on work before they leave and scramble once they return, companies are undercutting their supposedly generous time-off policies and making the workplace worse for everyone.
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