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☆ Hilton Sees a New Golden Age of Travel. Can It Last?
▼ + stars: | 2022-12-17 | by ( Chip Cutter | ) www.wsj.com time to read: 1 min

If a recession is looming, Hilton Worldwide Holdings Inc. so far is hardly feeling it. The company’s hotels are busy around the world, as consumers return to in-person experiences, travel restrictions ease and many fulfill a pent-up desire to see new places, says Chris Nassetta , the company’s longtime chief executive officer. People emerged from the pandemic with a new perspective on taking opportunities to get out, he says.

☆ Tech Workers Face a New Reality as Talent Wars Turn to Pink Slips
▼ + stars: | 2022-11-11 | by ( Katherine Bindley | Chip Cutter | ) www.wsj.com time to read: 1 min

This spring, Google employees in the Bay Area got a private Lizzo concert to herald a return to the office. Now the company is cutting back on social gatherings as well as hiring. Meta Platforms Inc., known for once-lavish perks such as free laundry, began slashing 11,000 jobs this week and said some of its remaining workers will have to share desks. The comedown has been swift for employees of big technology companies, long among the most coveted workers in business. Accustomed to jobs with six-figure salaries, fat equity packages and cushy amenities, many employees are now facing staff cuts for the first time, along with shrinking net worths as stocks fall during a bumpy stretch for big tech.

☆ Job Postings With Broad Pay Ranges Leave Applicants Guessing in NYC
▼ + stars: | 2022-11-07 | by ( Theo Francis | Chip Cutter | ) www.wsj.com time to read: 1 min

As companies publish pay details for job openings under new laws in New York City, some are listing maximum pay figures that are more than double the minimum pay for the job, stretching salary ranges to hundreds of thousands of dollars for certain careers. A trauma surgeon in the Mount Sinai Health System could earn anywhere from $384,000 to $800,000 or more, the hospital’s job ads say. A tax executive at PricewaterhouseCoopers LLP could make $158,400—or nearly triple that. At AT&T Inc., a principal cloud architect could be paid $206,000 or $103,000.

☆ Elon Musk Defies Management Mantras With His Rapid Overhaul at Twitter
▼ + stars: | 2022-11-06 | by ( Chip Cutter | ) www.wsj.com time to read: 1 min

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☆ Bosses Swear by the 90-Day Rule to Keep Workers Long Term
▼ + stars: | 2022-11-05 | by ( Chip Cutter | ) www.wsj.com time to read: 1 min

In the quest to retain workers, companies are sharpening their focus on a very specific common goal: 90 days. Hold on to an employee for three months, executives and human-resources specialists say, and that person is more likely to remain employed longer-term, which they define as anywhere from a year on in today’s high-turnover environment. That has led manufacturing companies, restaurants, hotel operators and others to roll out special bonuses, stepped-up training and new programs to prevent new hires from quitting in their first three months on the job.

☆ Is Your Colleague Earning More Than $200,000 a Year? Now You Can Find Out
▼ + stars: | 2022-11-01 | by ( Chip Cutter | ) www.wsj.com time to read: 1 min

Want to make more than $200,000 a year in New York? The options may be more plentiful than you think. From content director at Colgate-Palmolive Co. to the diversity, equity and inclusion business manager at Macy’s Inc., the list of jobs offering the chance to make over $200,000 includes careers in a wide a range of industries, one of the early revelations from New York City’s new salary transparency law.

☆ JPMorgan, Macy’s and Other Companies Reveal What They Pay Workers as Deadline Looms
▼ + stars: | 2022-10-30 | by ( Chip Cutter | ) www.wsj.com time to read: 1 min

Macy’s recently disclosed that one particular job offers a salary of $51,000 to $85,000. New York City employers are starting to comply with a new salary transparency law taking effect this week that will require nearly all job listings to include a pay range, a move expected to reshape workplaces and how companies hire. The measure, aimed at closing gender pay gaps, requires companies to include salary ranges if they hire in New York or advertise for remote roles that could be performed in the city.

Employees at General Motors Co. balked at a request to return to the office. At Meta Platforms bosses are asking workers to get more done with fewer resources. Some CEOs say things are so tense that handing out modest raises can spark a backlash in an era of rising inflation. The workplace is in the middle of an unusual collision between what bosses and workers want. Employees feel empowered after two years of changing their work habits and leverage gained in a tight labor market.

The Supreme Court’s decision overturning Roe v. Wade creates new challenges for employers and health insurers covering abortion services, especially whether and how to pay for travel to states where the procedure remains available. Companies including Starbucks Corp., Uber Technologies Inc. and Amazon.com Inc. have said they would reimburse travel for medical services including abortion. Just Eat Takeaway.com N.V.’s Grubhub and Dick’s Sporting Goods said they would provide up to $4,000 to cover expenses traveling for services not available in their home state.

Lots of Americans decided during the pandemic they could do without the security of a regular check. Some say the path has been rewarding but challenging.

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