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Read previewAs a freshman at Penn State University, Ezra Gershanok was set on landing a job in consulting after graduation. Four Gen Z consultants told BI they were not in the industry for the long haul. Related storiesYet she doesn't expect the consulting industry will go hungry for workers because of the opportunities the experience can bring. AdvertisementShe said the learning opportunities can help some young consultants cope with the long hours and stress of the gig. Gen Z consultants said the hours are worth it as long as they pick up new skills.
Persons: , Ezra Gershanok, There's, Gershanok, It's, he'd, Gen Zers, Vicki Salemi, Monster, Salemi, Gen, Jorge García Febles, I'm, PwC, it's, Spencer Rascoff, Surabhi Gupta Organizations: Service, Penn State University, Deloitte, McKinsey & Company, Business, Ritz Carlton, Consulting, McKinsey
"He was my best friend," Salemi told Business Insider. Salemi isn't alone in having a résumé where the end of one job doesn't align neatly with the start of the next. The pandemic poked holes in workThe trick to dealing with résumé gaps is to have an explanation, career experts told BI. Julia Toothacre, chief career strategist at ResumeTemplates.com, told BI that her advice on résumé gaps is far different from what she would have said a decade ago. Salemi, from Monster, said in her experience more job seekers have gaps than don't.
Persons: Vicki Salemi's, Salemi, she'd, Salemi isn't, quagmire, Julia Toothacre, Toothacre, what's, it's, doesn't, Lee Woodrow Organizations: Service, Business, LinkedIn
This article is part of " Workforce Innovation ," a series exploring the forces shaping enterprise transformation. Business Insider created this Workforce Innovation series to dig into these topics. As Tim Paradis wrote in the series' inaugural article, "Work doesn't work like it used to." AdvertisementTo help us, BI has convened a Workforce Innovation board. The role of the Workforce Innovation board is to help us identify the most important changes and trends emerging in the workplace and to offer insights from their own experiences managing the office revolution.
Persons: Tim Paradis Organizations: Business, BI, Innovation, DEI, Workforce
Courtesy Peter MontgomeryThat ability to make a career conform, where possible, to an employee's life is one of the simple and often inexpensive ways employers can boost their employees' well-being. AdvertisementA recent Gallup survey found worker well-being slipped globally to 34% in 2023 from 35% the year before. Boosting worker well-being is good for employees, of course, but it's also good for the bottom line. And it's critical for boosting other measures of corporate and worker health — things like engagement on the job. A small number of business leaders review requests to keep the process simple and to respect worker privacy, she said.
Persons: Peter Montgomery, Montgomery, he's, it's, Erica Golden, Golden, Bradd Chignoli, Chignoli Organizations: Gallup, Banyan Software, Workers, MetLife Locations: Wellington , New Zealand, Montgomery
It's a troubling thought, to be sure, but a longer workweek is already a reality for some workers. AdvertisementIt's the kind of thing that could make an employer less inclined to try something new — like a four-day workweek. Yet even without lackluster sales, Cappelli said, the four-day workweek was already unlikely to be widely adopted in the US. But, at the same time, Cappelli also doesn't think companies will push workers to come in on a sixth day. If companies use economic worries to reverse course on efforts like flexible work arrangements or to conduct layoffs, they put their own well-being at risk.
Persons: , Peter Cappelli, Cappelli, Laxman Narasimhan, workweek, Brigid Schulte, Schulte, " Schulte Organizations: Service, Samsung, Business, Intel, Wharton Business School, Workers, Liquor, Diageo, New America Locations: Greece
There's a good chance the calendar you might have scrubbed clean months ago is again overgrown with meetings. Data from the calendar management company Clockwise shows that time in meetings tends to go up as the year rolls on. Tidying up your calendar can boost your productivity and overall well-being — plus, it can save your employer a boatload of money. Inside many organizations, workers' time has become compromised, Martin said. Advertisement"There's always something on there — like the meeting that's been rescheduled four times.
Persons: , Matt Martin, Martin, It's, Nir Eyal, Eyal, Jeff Bezos, Jensen Huang, Laura Vanderkam, that's, Vanderkam, Ron Hetrick, Jensen Huang — Organizations: Service, Business, Nvidia, Netflix, Uber Locations: Asana
AdvertisementVolunteering can be one way to find gratitude — and help people navigate the steps needed to land a new role, Schielke said. Committing to doing some work for others can also help retain structure in your schedule when work hours disappear, Schielke said. Turn to your network for helpOutside of seeing how you might help others, there are other steps you can take if you're newly unemployed. Schielke said it's important to have a sounding board to help you remain accountable for your next actions, especially as getting laid off can be a shock. Advertisement"Being able to connect with a person or know someone who knows someone who can get your résumé in front of the right people is so important," Schielke said.
Persons: , Jennifer Schielke, Schielke, what's, It's, dilly, dally Organizations: Service, Group Solutions, Business
So it just seemed like I kept going up rung after rung after rung to another person and another person. As the interviews continued, they seemed to be more like meet-and-greets than interviews. As you're going through the process, you're always looking to say, "Are we good? You have to look at who you're going to talk to and what their background is. I'm going back out there."
Persons: Octavius A . Newman, I'd, Allen Johnson, wasn't vacillation, that's, , Octavius, Rocky, He's, he's, You've, I've, let's, I'm Organizations: Service, Rocky Locations: Philadelphia, Philly
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIf you had to fly, log in to your bank account, or go for elective surgery, a massive IT outage Friday offered a reminder: We're all in this technical morass together. "And when it's combined with the Microsoft platform, which it was in this instance, that's really going to amplify the disruptions that you're seeing." "It's going to make it harder for the government to issue and maintain regulatory structures," he said of the decision. "That's really not going to happen when you've got 85% of the infrastructure in private sector hands," he said.
Persons: , CrowdStrike, Chris Cummiskey, Cummiskey, Charles Hosner, it's, Hosner, that's, you've Organizations: Service, Business, Cummiskey Strategic Solutions, US Department of Homeland Security, Microsoft, Boston Consulting, LinkedIn, DHS, White Locations: Netherlands, Belgium, Washington
Yet, it's often hard to tell how an interview process might unfold. But now, even the interview process for getting something like a six-month assignment has proven difficult, Kilgore said. "Now, there's an assessment or multiple assessments, a self-conducted video interview where you speak to a robot via webcam, then a phone-screening interview, then some kind of in-person interview, and then an interview where you meet the senior management," the person wrote. Schielke recounted one interview she participated in where there was the candidate and then 15 people on the other side. She added that some job seekers need to reset their expectations after several years in which they were calling the shots.
Persons: , Octavius Newman, Newman, — Newman isn't, Allen Johnson, Josh Bersin, aren't, Zers, J, Raymond Kilgore, who's, Kilgore, it's, Jennifer Schielke, Schielke, she's Organizations: Service, Business, Employers, Nvidia, Group Solutions Locations: Philadelphia, Chandler , Arizona, Philly
Business Insider checked in with four major firms — Boston Consulting Group, Ernst & Young, McKinsey, and PricewaterhouseCoopers (PwC) — for insights into what they might be looking for in prospective employees. AdvertisementWhat kinds of roles are consulting firms hiring for? Consulting firms often hire for a range of positions. Rod Adams, talent acquisition and onboarding leader at PwC, told BI that the company is hiring consultants, engineers, accountants, and tax professionals, among other roles. Consulting firms often say there isn't one specific background or set of skills they look for.
Persons: , isn't, Ernst & Young, Ernst &, Alicia Pittman, Pittman, Ernst, Young, Rod Adams, who've, PwC, Adams Organizations: Service, McKinsey & Company, Business, Boston Consulting Group, Ernst, Ernst & Young, McKinsey, PricewaterhouseCoopers, Consulting, BI
This as-told-to essay is based on a conversation with an Amazon employee who sought to go on medical leave because of a stressful situation that developed with their manager. I got a sense that my manager was potentially going to put me in Focus because of how they were berating me. The entire FMLA process was a hurdle for me. AdvertisementI later heard from my manager while I was on FMLA, and they informed me that I had been put on Focus. To suggest we use our performance management process to drive any other outcome, such as reducing our employee base, is wrong.
Persons: , we're, It's, Slack, didn't, That's, I'd, Margaret Callahan Organizations: Service, Amazon, Services, Business Locations: copays, FMLA
That's because after using a job simulation tool for a short time, I have a better sense of what working at the prestigious consulting firm might be like. This story is available exclusively to Business Insider subscribers. He told Business Insider that, growing up in a small town in Australia, he didn't come from a line of bankers, lawyers, or accountants. In the roughly 90 minutes I spent using Forage, the tool made me do some work. The tool also made me think like a consultant — or at least try to.
Persons: , they'd, Goldman Sachs, Tom Brunskill, Brunskill Organizations: Service, Boston Consulting, KPMG, JPMorgan, Business, EAB Locations: San Francisco, Australia
The shift is notable because it runs counter to the companies and countries that are experimenting with a four-day workweek. The extra hours will come with a 40% jump in pay for Greek workers who add two hours to their day or take on an extra eight-hour workday. He previously told BI that he and his management colleagues began looking into a four-day workweek after seeing successful pilots in Japan and other countries. They wanted to make sure we keep doing the four-day workweek," he said. AdvertisementBasis Technologies, an advertising software company, shifted its workweek to four and a half days after years of experiments with a four-day workweek and other approaches.
Persons: , Adedy, Zachary Toth, Toth didn't, Toth, Emily Barron, Barron, Kyriakos Mitsotakis, Aris, Germany's Organizations: Service, Business, Guardian, Research, Metex Corporation, Technologies, Aris Kazakos, Aristotle University of Thessaloniki, Germany's DW Locations: Greece, India, Toronto, Japan
In fact, a single piece of evidence could be Trump's handiest monkey wrench of all. Manhattan district attorney's office/BIDays before closing arguments, Business Insider highlighted People's 81 as one of ten pieces of incriminating "smoking gun" evidence. SCOTUS/Business InsiderIt took less than a day for defense lawyers to use this ban on "official act" evidence to challenge Trump's May 30 conviction. "Under Trump," defense lawyer Todd Blanche wrote Monday, referring to the SCOTUS decision, "this official-acts evidence should never have been put before the jury." Why People's 81 may be Trump's best monkey-wrenchIn hopes of setting aside Trump's verdict, Trump's lawyers raised other instances where they say "official acts" were improperly used at trial against him.
Persons: , Donald Trump's, Trump, Michael Cohen, Cohen, Donald Trump, Joshua Steinglass, SCOTUS, Trump's, It's, Hope Hicks, Todd Blanche, Blanche, Attorney Alvin Bragg, — Bragg, Juan Merchan, Merchan, Michel Paradis, — Trump, Hicks, Stormy Daniels, Paradis, Daniels Organizations: Service, Business, Manhattan, Attorney's, Supreme Court, People's, Trump, Prosecutors, Attorney, New York, Columbia Law School Locations: Manhattan, SCOTUS
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "Most, if not all, of that conduct would fall on the 'presumptively-official' side of the line," said Michel Paradis, an attorney who teaches national security and constitutional law at Columbia Law School. AdvertisementUnder Monday's decision, "courts may not inquire into the President's motives" in deciding if a presidential act is official or unofficial. "And this opinion, more than any other in the Supreme Court's history, gives the president king-like powers," Sloan added. "Everybody was horrified" when Trump's lawyer first raised immunity in that circumstance as a possible consequence, Sloan said.
Persons: , Richard Nixon, — Nixon, Michel Paradis, Paradis, Trump, Trump's, Rudy Giuliani, Neama Rahmani, Rahmani, Cliff Sloan, Sloan, Sonya Sotomayor Organizations: Service, FBI, CIA, Business, Columbia Law School, Department of Education, Environmental Protection Agency, Biden, Trump, West, Georgetown Law, Supreme Locations: Independence
Both of his prosecutions of Donald Trump — the Mar-a-Lago documents case in Florida, and the insurrection case out of Washington, DC — will be delayed and diminished by Monday's United States Supreme Court's immunity decision, legal experts predict. The SCOTUS decision found that former presidents are presumptively immune from prosecution for acts they took while in office. That review of the insurrection case — by the DC Circuit Court of Appeals and, likely, the Supreme Court once again — will take many months. Advertisement"The way the Supreme Court set up the new rule is that most everything the president does is 'presumptively immune,'" he said. By that new measure, any communication Trump has with another federal official is, for all practical purposes, immune from prosecution, he said.
Persons: , Jack Smith, Donald Trump —, SCOTUS, Trump, Cliff Sloan, Michel Paradis, Sloan, Paradis, Justice Barrett Organizations: Service, Monday's United, Business, DC, Appeals, Georgetown University, Columbia Law School, Prosecutors, Justice Department, Department, Trump Locations: Florida, Washington, Monday's United States, DC, Beach , Florida
Some 900 of PwC's top 1,000 consulting clients are now working with the firm on incorporating AI into their businesses, a spokesperson told Business Insider. Even as some companies focus on how AI might rewrite corporate playbooks, some businesses are asking consultants how to get started. Advertisement"Many CIOs are afraid that they don't have the right skills," he told BI. Where to beginMany companies are still determining how they might use AI and GenAI, according to several consultants. This enables greater seamlessness down the line, and that is where the magic lies," he told BI.
Persons: , Ben Ellencweig, Allison Bailey, Bailey, Greg Sward, They're, Jim Rowan, Rowan, Vlad Lukic, Roy Singh, Joe Atkinson, Atkinson, Deloitte's Rowan, Bain's Singh, PwC's Atkinson, he's, Singh Organizations: Service, Business, McKinsey & Company, Boston Consulting, KPMG US, Deloitte Consulting, Bain & Company, Companies, Carrefour, & $
That job you're applying for might be fake
  + stars: | 2024-06-26 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
In today's big story, we're looking at how the next job you apply for might be fake . While employment is still relatively low, sitting at only 4% , the job market is also pretty stagnant. ANDREW CABALLERO-REYNOLDS/AFP via Getty ImagesEven if you find a legitimate job posting, it doesn't get much easier. Workers were also spoiled with the 2021 job market, where candidates named their prices . AdvertisementAnd a fake job posting might be a blessing in disguise.
Persons: , Charles Schwab, MirageC, Jenny Chang, Rodriguez, Tim Paradis, it's, aren't, ANDREW CABALLERO, REYNOLDS, BI's Alexandra Bacon, Roberto Machado Noa, Tyler Le, Meta isn't, Apple, Mark Zuckerberg's, Mustafa Suleyman, execs, Suleyman, Karén Simonyan, Ricardo Tomás, Gen Z, Ashley Kostial, She's, he's, Julian Assange, Evan Gershkovich, Paris Hilton, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, BI, America, Getty, Workers, BI Citi, Citi, showtime, Nvidia, Meta, Wall Street Journal, Apple, Bloomberg, Investors, SAP, Aetna, Wall Street, The Locations: Hulu, New York, London
It's wild how many job listings might be fake
  + stars: | 2024-06-23 | by ( Tim Paradis | ) www.businessinsider.com   time to read: +5 min
Companies often post bogus roles to ease employees' concerns about being overworked and signal that the organization is growing, said Resume Builder, which recently found three in 10 employers have fake job listings. The reasons for listing fake jobs included signaling that the employer was willing to hire from outside the organization. Haller said employers that dangle fake listings risk hurting themselves by undermining their reputations. AdvertisementFake listings can lead to real jobsAbout seven in 10 of the fake jobs were on a company website or LinkedIn, according to the survey. And, yet, despite all the shenanigans, many fake listings often lead to real interviews — and even employment.
Persons: , Stacie Haller, it's, Haller, there's, you'll, That's Organizations: Service, Business
In a recent Businessolver survey, 52% of CEOs said their workplace culture was toxic. AdvertisementCEOs are having a hard time, tooBusinessolver also found that many corporate chiefs are struggling with their own mental health challenges. Fifty-five percent reported having had mental health issues in the past year, a jump of 24 percentage points. Those challenges haven't necessarily translated to a change in how those with mental health concerns might be perceived inside organizations. AdvertisementBeyond that, the fix could involve looking at what workers say will help their mental health.
Persons: , they're, Rae Shanahan, Shanahan, Gen Zers, Businessolver Organizations: Service, Business,
AI could supercharge offshoring
  + stars: | 2024-06-16 | by ( Tim Paradis | ) www.businessinsider.com   time to read: +11 min
There's another possibility, however: Someone who knows how to use AI — and who's based abroad — will come for your job. AdvertisementAndrew Yeung, a former product lead at Google and Meta, predicted in May that overseas workers who get their AI glow-up will someday take over numerous jobs. And it's not just learning about AI, but learning from AI. AI is also making it cheaper to bring lessons on AI and other topics to people in languages other than English. AdvertisementThe time it took for earlier technologies — including automation and robotics — to rejigger the labor market was longer than what we're seeing with Gen AI, Vincent said.
Persons: , Andrew Yeung, Sagar Khatri, Khatri, Everyone's, Jeff Maggioncalda, Maggioncalda, Coursera, Daron Acemoglu, they're, Acemoglu, Scott Vincent, Vincent, he's, Offshoring, you've, Drew Cesario Organizations: Service, Business, Google, Sagar, Massachusetts Institute of Technology, Philippines . " Workers, Digital Futures, Futures, Cesario Locations: New York, Philippines, Mexico, India, Pakistan, Brazil, Vietnam, Egypt, Japan, Germany, Indonesia
Read previewWells Fargo's decision to fire reportedly more than a dozen workers it accused of faking work shows some bosses are done tolerating disengaged employees. This story is available exclusively to Business Insider subscribers. Related storiesThe filings, however, do not say whether the fired employees were allegedly faking work from home. Wells Fargo states on its website that many of its corporate workers are eligible to work hybrid roles. Only about one in three full- and part-time workers reported being engaged in the first quarter of 2024, according to Gallup.
Persons: , Wells, didn't, they'd, they're, worrisome, Gallup Organizations: Service, Bloomberg, Financial Industry, Authority, Business, Big, Wall Street, Gallup Locations: Wells Fargo, earshot
Business Insider's "Workforce Innovation" series will explore how our jobs are changing by digging into four themes: AI, the changing C-suite, worker well-being, and DEI. The board will be composed of C-suite leaders from HR, strategy, technology, and DEI. The C-suite is getting more crowded, and jobs like chief growth officer and chief AI officer are becoming more common. Increasing amounts of data and the emergence of AI, Wiggins told BI, require companies to have roles beyond chief information officer or chief technology officer. "The future of DEI," Lawless said, "does need to be more diffuse."
Persons: we're, it's, Daron Acemoglu, Cody O'Loughlin Acemoglu, Acemoglu, Ty Wiggins, Russell Reynolds, Wiggins, Georgie Clarke, It's, Carly Holm, Leah Smith, Holm, George Floyd's, Regina Lawless, Charles Schoenberger, Lawless, Gen Z Organizations: Innovation Board, DEI, Massachusetts Institute of Technology, Russell Reynolds Associates, World Health Organization, Business, Employers, Companies Locations:
AdvertisementIt's also important, Woodrow said, to have the right words and phrases up high where a busy recruiter can see them. In any case, he said, it's important to keep the most relevant information on the first page of a résumé. Highlight things like relevant job experience for a role you're going for, he said. "We're not expecting to see the exact same formatting or skills or experience, and so we really pore through the résumé," Samuels said. That's why, especially when recruiting for more senior roles, there's little substitute for reading a résumé thoroughly, he said.
Persons: , Lee Woodrow, who's, you've, Woodrow, Kyle Samuels, Samuels, We're, there's, " Samuels Organizations: Service, Business, Creative Talent
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