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The decision marks a significant shift from Amazon's earlier policy, which required employees to badge in three days a week. Following the announcement, anxious workers have flooded LinkedIn and X feeds with posts wondering if their companies would be next to get rid of flexible work arrangements. Just one-third (33%) of U.S. companies require employees to come to the office five days a week, according to recent data from Flex Index, a platform that tracks companies' flexible work policies. Under 10% of tech companies with more than 1,000 employees have such a requirement. "We might see other smaller tech companies follow Amazon's lead, but most will continue sticking to some kind of hybrid arrangement," he says.
Persons: Andy Jassy, Jassy, we've, Dan Kaplan, haven't, Brian Elliott, hasn't, Kaplan, Elliott, we'll Organizations: Amazon.com Inc, Amazon, Citigroup, Walmart, UPS, Kastle Systems, Flex, Workers, Employees Locations: Seattle , Washington, lockstep, U.S
Some faux pas might seem obvious, like always showing up late to job interviews or meetings with your boss. Smith recommends people follow the "golden rule" of generally getting back to people who reach out within 24 hours. The through line in these missteps, as Smith sees it, is selfishness, which is an unattractive trait in any workplace. Use code EARLYBIRD for an introductory discount of 30% off, now extended through September 30, 2024, for the back-to-school season. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Brandon Smith, Smith Organizations: CNBC
Carr started training to become a nurse at Sacred Heart Hospital (now known as St. Luke's Sacred Heart Campus) in Allentown, Pennsylvania during World War II in 1944. All five of Carr's children, and nearly all of her 12 grandchildren, were born at Sacred Heart. Her son-in-law, Vincent Burns, was also born at the hospital — Carr met him hours afterward in the newborn nursery. Photo: St. Luke's University Health NetworkMoments like that have inspired her to continue working at Sacred Heart. Carr's passion is infectious: Her daughter, Grace Loring, worked in the pediatric ward at St. Luke's Sacred Heart Campus for 35 years before retiring.
Persons: Grace Carr, Carr, Edward Carr, Grace, Beth Fogel, Freeland, Edward, Vincent Burns, — Carr, Janet, Carr's, Grace Loring, Loring Organizations: Sacred Heart Hospital, Sacred Heart School of Nursing, U.S, Cadet, Luke's University Health Locations: Allentown , Pennsylvania, Freeland , Pennsylvania, St, Allentown
College graduates on average earn more than those without a four-year degree — but where you go to school may influence your earning potential. Young women who graduated college earned $65,000, while their degreeless counterparts earned about $36,000. Its findings, published on Sept. 4, note that mid-career earnings for the same degree can vary by as much as $130,000. Former MIT attendees earn a median income of $196,900 a decade after graduating, making them the highest earners among the nearly 1,500 colleges ranked. If you want to get the most bang for your buck out of college, consider these 10 schools that yield the highest salaries for graduates, according to Payscale:
Persons: Payscale Organizations: Pew Research, Massachusetts Institute of Technology, MIT
As a new school year begins, I reminisce about unwrapping fresh school supplies and reuniting with friends after a summer apart. It's my biggest regret from college: I don't wish I worked harder or studied more — I wish I cared less about my GPA. The sacrifices I made to get near-perfect grades seemed worth it when I graduated from Northwestern with honors in 2019. And if you're planning on getting a postgraduate degree, like going to law or medical school, your GPA will be an integral part of your admission decision. Those, I believe, will do more for your career prospects than a 4.0 ever could.
Persons: I'm, , Chelsea Jay, Jay Organizations: Northwestern University, Medill, Northwestern, CNBC Locations: Evanston , Illinois, Lake Michigan, Northwestern, New Jersey
It’s the first day on the job for new Starbucks CEO Brian Niccol, and expectations are high. Niccol explained that he carries a “beat-up notebook” with him to outline and track his progress toward his career goals. Trusting his gut and believing in his ability to succeed, Niccol said, has made the biggest difference in his career up to this point. “There will be times in your career when your gut will be tingling,” he said, noting that he had that feeling when he left Taco Bell to become Chipotle’s CEO in 2018. Niccol used a 5-word phrase in a phone screening with former Starbucks chair Mellody Hobson to illustrate his confidence and preparedness for the job.
Persons: Brian Niccol, Anjali Sundaram, Taco Bell, , ” Niccol, Niccol, Mellody Hobson, , , ’ ” Hobson, ” Hobson, Brian, “ We’re Organizations: CNBC, Wall, Taco, Miami University in, Taco Bell, Starbucks Locations: U.S, China, Miami University in Oxford , Ohio, Newport Beach , California, ’ Seattle
The National Women's Soccer League and its players have signed a new collective bargaining agreement that raises players' minimum salaries and eliminates the draft — making the NWSL the first professional sports league in the U.S. to grant unrestricted free agency to all players. The new agreement, announced on Thursday, extends the current contract with the NWSL Players Association to 2030. A record 56 NWSL athletes competed in the Games, including 19 players on the U.S. women's national soccer team, which won gold. The deal also increases the minimum salary for players from $48,500 in 2025 to $82,500 by 2030. The salary minimum for reserve players in Major League Soccer (MLS) is $71,401, and the minimum for senior players is $89,716.
Persons: Jessica Berman, " Berman Organizations: Women's Soccer League, NWSL, soccer team, CNBC, Major League Soccer Locations: U.S, England, Spain, Italy
Laquintano, 28, started working there with her older sister when she was 16 to kill time while she was off school. She works at Rita's with her younger brother, Andrew, who is home from college for the summer. As a remote employee, Fullerton says working at Bird & Betty's has also given him a much-needed social outlet. Oddly enough, working more has helped me feel happier, more relaxed." Alvarado spends her summers working as a camp counselor at the Kickapoo Kamp for Girls in Kerrville, Texas.
Persons: Gen Zers, millennials, Anna Laquintano, she's, Rita's, Laquintano, I've, it's, Andrew, Pat Fullerton, Betty's, Fullerton, he'll, Krystal Alvarado, She's, Alvarado Organizations: Fullerton, it's, American Heritage Federal Credit Union, CNBC, Bird, Start, Girls Locations: Beach Haven , New Jersey, Rockledge , Pennsylvania, Philadelphia, Rita's, Italian, New Jersey, Beach, Fullerton, Hoboken , New Jersey, Texas, Alvarado, Hidalgo County, South Texas, Kerrville , Texas
Jackson, 37, is a technician at Vestas, a wind turbine manufacturer, in Bee County, Texas, and earns $73,000 per year. The Labor Department reports that wind turbine service technicians have one of the highest rates of injury and illness of all occupations. Here's how Jackson earns $73,000 a year as a wind turbine service technician in Texas. Mickey Todiwala | CNBC Make ItWhile you don't need a bachelor's degree to become a wind turbine service technician, some jobs might require you to complete a 2-year technical program or apprenticeship. "The wind turbines are smart, they're basically computers and constantly communicating to us what is going on with them."
Persons: Jessica Jackson, , Jackson, It's, Jackson's, Mickey Todiwala, Vestas, She's Organizations: CNBC, The Labor Department, University of Arizona, Blattner Energy, Blattner Locations: Jackson, Bee County , Texas, U.S, Texas, Vestas
American sprinter Gabby Thomas won her first Olympic gold medal in the 2024 Paris Games women's 200-meter final on Tuesday — an accomplishment that she credits, in part, to her second job. The 27-year-old, who took home bronze and silver during her Olympic debut at the Tokyo games, balances her career as an Olympian with a job in health care. Thomas holds a bachelor's degree in neurobiology from Harvard University and a master's degree in public health from the University of Texas Health Science Center. In the months leading up to the Games, Thomas trained three to six hours a day, but at night, she worked at an Austin volunteer health-care clinic for people without insurance. "I think I'm just so grateful to get to do what I love," Thomas told Olympics.com.
Persons: Gabby Thomas, Thomas, Olympics.com, I'm, Organizations: Harvard University, University of Texas Health Science, Games, NBC News, NBC, CNBC Locations: Tokyo, Atlanta , Georgia, Los Angeles
Gold medalist Kristen Faulkner of Team United States poses on the podium during the Women's Road Race on day nine of the Olympic Games Paris 2024 at Trocadero on August 04, 2024 in Paris, France. Kristen Faulkner ended a 40-year-drought for the U.S. in the Paris Olympics — in a sport she picked up for fun six years ago. On Sunday, the 31-year-old became the first American rider to win gold in the women's road race since Connie Carpenter did so in the 1984 Los Angeles games. She didn't start competitive cycling until 2017 when she moved to New York to work as a venture capitalist. She told the Associated Press that her career as a venture capitalist has been instrumental in her success as a professional athlete.
Persons: Kristen Faulkner, Connie Carpenter, Faulkner, Faulkner wasn't, Taylor Knibb, she's Organizations: Team United, Olympic Games, Paris Olympics, Harvard University, NBC News, Team USA, Silicon Valley Bank, Wall Street, American Continental, Associated Press Locations: Trocadero, Paris, France, Angeles, Homer , Alaska, Kenai, New York, Silicon, North America, San Francisco
At 23, Denae McGaha had a choice: She could spend her entire savings moving to New York City, or she could take a teaching job halfway across the world. Within weeks of submitting her application, McGaha landed a job teaching English to kindergarteners. In August 2017, she quit her barista gig and moved to Budapest. Landing a remote job abroadMcGaha's teaching contract included a furnished one-bedroom apartment in Budapest, with a monthly stipend to help cover rent and utilities. In 2021, she was hired as a remote digital marketing strategist at Consumer51, a marketing agency based in Philadelphia.
Persons: Denae McGaha, McGaha, I'd, she's, , hasn't, Ridhwan Rafi Organizations: LinkedIn Locations: New York City, Europe, Whidbey, Washington, New York, Budapest, Hungary, Covid, Budapest's 5th, Instagram, Philadelphia, U.S, Seattle
This college has the most U.S. athletes in the Olympics
  + stars: | 2024-08-01 | by ( Morgan Smith | ) www.cnbc.com   time to read: +1 min
American colleges and universities are major training grounds for future Olympians. Three out of four of those athletes played at the collegiate level, according to the U.S. Olympic Committee. The school's most recognizable alum is swimmer Katie Ledecky, who, as of Wednesday, has won 12 Olympics medals in her career, including eight golds — tying Jenny Thompson's record for the most by any female swimmer in Olympic history. After Stanford, next on the list is the University of California, Los Angeles (UCLA) with 17 athletes, and the University of Southern California (USC) with 16. Here are the top 10 colleges and universities with the most American athletes in the 2024 Olympics:
Persons: Katie Ledecky, Jenny Thompson's Organizations: Team USA, U.S . Olympic, Stanford, University of California, University of Southern, USC Locations: Paris, American, Los Angeles, UCLA, University of Southern California
Chelsea Norstedt left Penn State University in 2014 just two semesters shy of finishing her bachelor's degree in criminology. As she explored different career paths, she had a similar figure in mind. College graduates on average earn more than those without a four-year degree — but this so-called college wage premium is shrinking. Now, bachelor's degree holders earn about 75% more over their career than those without. At the same time, Norstedt monitored listings on job sites like LinkedIn and Indeed for any higher-paying office roles that did not explicitly require a college degree.
Persons: Chelsea Norstedt, Norstedt, Beth, Norstedt's Organizations: Penn State University, Chelsea, CNBC, College, San Francisco Federal Reserve, Penn State, Verizon Locations: Erie , Pennsylvania, Erie, Miami , Florida, Altoona , Pennsylvania, Miami, Pennsylvania, Florida, Norstedt
Swanson has been working as a live-in nanny in the Hamptons since 2020. On July 1, the 33-year-old posted a 90-second clip on her account @meredithgswanson walking people through a day in her life as a nanny in the Hamptons. "I was stunned," says Swanson, who started vlogging about nannying in the Hamptons over a year ago. Every family she's worked with in the Hamptons has loaned her a car for the summer, which is how she commutes. Care.com puts the average rate for a live-in nanny in East Hampton at $26.33 an hour.
Persons: Swanson, Meredith Swanson, nannying, I've, she's, Summers Organizations: Hamptons, Broadway Locations: New York City, Manhattan, nannying, nannied, East Hampton
Fewer people are quitting their jobs, and recent college graduates are having a hard time breaking into the market. Hiring might have fallen beneath its pre-pandemic levels, but there are still dozens of jobs companies are desperate to fill, according to new research from Indeed. "With that said, I'd say these jobs are the most 'slept' on or overlooked." For job seekers looking for flexibility, all of the roles offer hybrid or remote opportunities. "While the labor market can seem daunting right now, there are still numerous opportunities for job seekers and the outlook is still positive," Davis adds.
Persons: Gabrielle Davis, Davis Organizations: CNBC
Both men, now in their 60s, have worked at the same Piggly Wiggly grocery store in Franklin, Kentucky for 50 years. Haley and Watkins each started working at the store full time as associates after graduating high school. The average salary for a store manager at Piggly Wiggly ranges from $34,000 to $109,000 per year while the pay for a meat manager ranges from $42,000 to $76,000, according to Indeed. The Piggly Wiggly veterans are in good company — older Americans are working longer. Haley echoes the same sentiment: "Time flies when you're having fun."
Persons: Dale Haley, Ricky Watkins, Haley, Watkins, Haley didn't, , I'd, I, Don't, you'll Organizations: Gallup, CNBC Locations: Franklin , Kentucky
And it will cost Kelley and her husband Richard about $2,000 for their only child. When Kelley searched for full-time, five-day summer camps near Saint Johnsbury, Vermont, where her family lives, she says she couldn't find any options. By the time school starts in August, Kelley's son will have attended day camps in Vermont, New Hampshire and Minnesota, where they'll stay with relatives. All the camps cost between $150 and $400 per week. The local day camp they used last summer closed because of staffing shortages.
Persons: Julie Kelley, Kelley, Kelley's Organizations: CNBC, Federal Reserve, American Camp Association Locations: Vermont, Saint Johnsbury , Vermont, Burlington , Vermont, Vermont , New Hampshire, Minnesota, U.S
Ayana Dunlap changed careers and increased her earning potential over the course of a summer — and she did it without a bachelor's degree, or spending a dime. Suddenly, the hospitality career Dunlap had dreamed of having since she was a teenager seemed "impossible" to return to. Dunlap says she was worried her job opportunities would be limited without a bachelor's degree. She has an associate's degree in business administration and had exclusively worked in hospitality up to that point. The most important skill that helped Dunlap land a six-figure tech job without a bachelor's degree, she says, is cybersecurity.
Persons: Ayana Dunlap, Dunlap, She's Organizations: Google, Bank Policy Institute, CNBC Locations: Virginia, Scholas, New York, Gaithersburg , Maryland, Washington ,, Dunlap
When Kema Ward-Hopper uprooted her family — and career — to relocate from the U.S. to Costa Rica six years ago, she wasn't sure what to expect. She and her husband Nicholas quit their corporate jobs as a research analyst and mortgage broker, respectively, in Houston, Texas, to pursue new careers as entrepreneurs abroad. "I work 25 hours a week now," she says. "A heavy week is about 30 hours a week, but that is rare and happens about once a month." Last year, Ward-Hopper's different income streams earned her about $10,500, according to financial documents reviewed by CNBC Make It.
Persons: Kema, Hopper, , Nicholas, Aaralyn Organizations: U.S . Ward, CNBC Locations: U.S, Costa Rica, Houston , Texas, Costa, Nicoya, Spanish
Skills are "far more important" than having a college degree for many jobs, he added. Dimon said JP Morgan Chase has eliminated degree requirements for most jobs at the bank and pivoted toward more skills-based hiring. About 80% of JP Morgan Chase's current roles for "experienced hires," or candidates with full-time work experience, don't require a college degree, a company spokesperson confirmed to Fortune. For context, 62% of Americans don't have a college degree, according to the latest Census data. That means degree requirements can lock out millions of job seekers with alternative qualifications from high-paying opportunities.
Persons: Jamie Dimon, Dimon, Morgan Chase, JP Morgan Chase's, It's Organizations: JPMorgan Chase, LinkedIn, Wall Street, Ivy League, McKinsey & Co, Harvard Business School's, Glass Institute, CNBC
You don't need a bachelor's degree or a stacked resume to land a six-figure job. "Businesses always need project managers, not just in tech but also in retail, marketing and a dozen other industries," says Lydia Logan, IBM's vice president of global education and workforce development. "It's a core role that touches on so many different functions within a business: project managers can work with the finance, tech, legal departments, you name it." Businesses across all industries are recruiting project managers to keep up with the rapid advancement of different technologies and adapt to lingering disruptions from the pandemic, Logan adds. The Bureau of Labor Statistics projects that the number of project management jobs will grow 6% in the next decade — faster than the average for occupations overall.
Persons: , that's, Lydia Logan, Logan Organizations: IBM, Project Management, Labor Statistics
McGaha started plotting her move abroad as soon as she turned 18. "Travel started as a coping mechanism for me to stay excited about life and heal after surviving such a horrific experience and losing my dad," McGaha says. One of her friends suggested she look at teaching jobs in Budapest, Hungary, noting the teacher shortage there and the short visa processing timeline. Her teaching contract included a furnished one-bedroom apartment in Budapest, with a monthly stipend to help cover rent and utilities. Photo: Bence BamerSince moving to Budapest — and losing her teaching job — McGaha has had to apply for several different visas.
Persons: Denae McGaha, McGaha, McGaha's, Ronnie, , expats, — McGaha, she's, She's, hasn't Organizations: United States —, Budapest — Locations: Harvest , Alabama, Europe, London, Copenhagen, Whidbey, Washington, Budapest, Hungary, United States, American, Covid, ., Instagram, Philadelphia, Budapest's 5th, Hungarian, Seattle
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI left the U.S. for Budapest - look inside my $560/month apartmentInspired by a European travel guide gifted by her late father, 30-year-old Denae McGaha moved to Budapest, Hungary, with only $4000 saved, to teach in 2017. She credits this move with enabling her to live a comfortable lifestyle she couldn't afford in the U.S. See how she lives
Persons: McGaha Locations: Budapest, Hungary, U.S
The final minutes of a job interview — when the interviewer is done with their questions and opens up the floor — is time you don't want to waste. There's one question, in particular, that you should "always" ask in a job interview, says LinkedIn career expert Andrew McCaskill. With this question, you'll better understand what kind of learning curve you'll face and how your performance will be evaluated. This question can also help you prepare for any follow-up interviews. Take CNBC's new online course How to Ace Your Job Interview to learn what hiring managers are really looking for, body language techniques, what to say and not to say, and the best way to talk about pay.
Persons: , Andrew McCaskill, McCaskill, you'll Organizations: CNBC
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