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AdvertisementAndrea, 64, faces a tough choice after a layoff: find a job or start collecting Social Security. She had planned to keep working until she reached retirement age at 67. Decisions about when to stop working and take Social Security have become a cornerstone of the retirement experience. Many wished they had waited to receive their maximum Social Security benefit, while others retired early for reasons outside their control. She said her husband, who is a retired attorney, receives several thousand dollars a month between his Social Security checks and pension.
Persons: Andrea, Andrea —, that's, you'd, Roth, Doug Ornstein, Ornstein, Organizations: Social, Social Security, Roth IRA, LinkedIn Locations: Minnesota's Twin Cities, TIAA, United Kingdom
AdvertisementWorkers can start taking steps now to help boost their careers into next year. People should enhance their AI skills to stay competitive, one executive told BI. Volunteering and side hustles can boost skills, empowerment, and career opportunities. One way to improve your AI skills is simply to use it. Saad told BI that many nonprofits lack the resources to meet all of their operational needs.
Persons: Sean Barry, Barry, It's, Kiki Leutner, Leutner, Leila Saad, Saad, you've, , Jennifer Schielke, Daniel Zhao, Zhao, Harris, Zers, millennials Organizations: Workers, Allstate, University of Oxford, Group Solutions, Glassdoor
"It's such a crazy time of year," says Gloria Chan Packer, a workplace mental wellness expert and founder of Recalibrate. Here, she shares her best tips for what you can do now to get ahead of holiday stress. To rein it in, Packer recommends starting every week by reviewing your commitments, deadlines and deliverables for the next seven days. For those who have a hard time doing so, Packer recommends tying breaks into things you do every day. If something comes up, it's OK to move your protected time block, Packer says.
Persons: Gloria Chan Packer, Packer
AdvertisementJob seekers may face 'love-bombing' from hiring managers during interviews. If a hiring manager is excessively complimenting you and telling you you're the top candidate during an interview, you may be being "love-bombed." Many job seekers complain of inconsistent behavior from hiring managers, CNBC reported, being flattered and praised one minute and ghosted the next. "They may overhype your chances to keep you interested," Barber said. It may not always be a scheme, though, and some recruiters and hiring managers may be love-bombing without realizing it.
Persons: Renee Barber, Barber, they're, Janine Chidlow, Wilson, Chidlow, Amanda Fischer, Fischer, they've Organizations: CNBC, TYR Talent Solutions, AMF, Consulting, BI
"Dragon babies are, for the most part, intensely desired and prized by their parents. Seah said dragon babies will also have a tougher time looking for jobs after graduation. AdvertisementThe study also found that Chinese dragon babies were 2.3% less likely to gain admission to local universities in Singapore. But the latest crop of dragon babies may have it easier, with competition evening out as birth rates drop. Dragon babies might have once been subject to great pressure to exceed expectations, but Gietel-Basten says he'd be "surprised" if that same level of pressure would be applied to 2024's dragon babies as they grow older.
Persons: Jackson Koh, Koh, it'll, It's, Fatih Aktas, , Cheng Ong, Melissa Anne Lim, Lim, Kelvin Seah, Seah, Stuart Gietel, he'd, Basten, that's, Chen Qibao, Lee Hsien Loong, Lee, Qian Wenlan, Qian Organizations: Singapore's Nanyang Technological University, Getty, Singapore's Department of Statistics, National University of Singapore, NUS, Business, Singapore —, Hong Kong University of Science, Technology, Publishing, Getty Images, National Bureau of Statistics, Singaporean Locations: Singapore, Asia, Fatih, Anadolu, China, Basten, Getty Images China, China's, Xinhua, Seoul, South Korea
"The data is very clear that public sector workers have better outcomes than private sector workers for that reason," she says. "There's a lot of indicators pointing to guaranteed income playing a big part in retirement confidence." The problem for many American workers: Forms of guaranteed income are getting rarer. If you have a well-diversified portfolio of high-quality dividend stocks, Dogen contends, you can essentially ignore the ups and downs of the stocks in your portfolio and focus on raking in the steady cash. Real estateUnder the right circumstances, owning rental properties can be a terrific way to earn steady income in retirement, Dogen says.
Persons: Bridget Bearden, It's, , they've, it's, EBRI, Sam Dogen, Dogen, You'll Organizations: Research, of Labor Statistics, Social Security, CNBC
SEOUL, SOUTH KOREA - NOVEMBER 28: Haerin, Danielle, Hanni, Minji and Hyein of girl group NewJeans attend the press conference on November 28, 2024 in Seoul, South Korea. K-pop girl group NewJeans hold a press conference an announcement on the termination of their contract with their agency Ador. South Korea's largest K-pop agency Hybe lost over $423 million in market cap on Friday after rookie group NewJeans announced it was terminating its contract with Hybe sub-label ADOR. In 2024, NewJeans had also won the Group of the Year Award at Billboard's Women in Music ceremony. Billboard's citation said the group scored entries across 10 Billboard charts, including the Billboard Hot 100, Billboard 200, and Billboard Global 200.
Persons: Danielle, Hanni, Hybe, NewJeans, ADOR, Min Hee, Min Organizations: SOUTH, Hybe, South, JoongAng Ilbo, Group, Billboard Locations: SEOUL, SOUTH KOREA, Seoul, South Korea, South, ADOR, South Korean, South Korea's, NewJeans, U.S
AdvertisementSpain has approved a law granting employees up to four days of paid climate leave. Spain is enacting a new law granting employees up to four days of paid climate leave following last month's devasting floods, which killed more than 200 people. "For the first time, Spain will have paid climate leave for working people," she said. In an interview with Spanish broadcaster RTVE, Díaz said the paid leave will be relevant whenever an authority issues a climate-related alert that advises people to stay at home for safety reasons. AdvertisementSpain's economy minister, Carlos Cuerpo, said on Thursday that the paid leave applies when employees cannot safely reach their workplace or work remotely, Euronews reported.
Persons: Yolanda Díaz, RTVE, Díaz, Esther Lynch, Lynch, Carlos Cuerpo Organizations: Spain's, Labour, Social, Ministers, European Trade Union Confederation, The Bank of Spain Locations: Spain, Valencia, Spanish, Valencian
It's the fifth year Amazon workers have protested during the major shopping weekend. The protests are part of the fifth annual Make Amazon Pay campaign, organized by a coalition of labor and progressive organizations. The Amazon Labor Union, which represents roughly 5,500 workers in a Staten Island warehouse, voted in June to affiliate with the Teamsters. AdvertisementWhat about Amazon's climate footprint? Significant delays haven't occurred as a result of Make Amazon Pay protests in prior years, and it seems unlikely they will impact shipping times this year.
Persons: It's, Amazon, Jeff Bezos, Eileen Hards, We've, Karen Ducey, Eliza Pan, Hards, Andy Jassy Organizations: Black, Workers, Retail, Wholesale, Department Store Union, Amazon, Teamsters Union, Amazon Labor Union, Teamsters, Amazon Employees, Climate Justice, Seattle Times Locations: U.S, New Delhi, New York City, Staten Island, California , Kentucky, Atlanta, Seattle
Nvidia's median salary now surpasses Microsoft's and other Silicon Valley peers. And Nvidia employees were not nearly the source of fascination and interest they are today. AdvertisementThe data behind the evolution of Nvidia's workforce tells the story of the company's meteoric rise just as well, if not better than the revenue or stock price. Nvidia's workforce has grown nearly 20-fold since 2003Beyond Nvidia's historic rise in market value, the company has a lot to offer employees. But as of January 2024, Nvidia's median salary (excluding the CEO) surpassed Microsoft and has left other tech giants in the dust.
Persons: Jensen Huang, Rev Lebaredian, Huang, Jensen, headcount, Emma, ecosgrove Organizations: Nvidia, Tech, Business, Microsoft, Accenture Locations: Santa Clara , California, Silicon Valley
Patagonia's sales soared during the pandemic. A Patagonia spokesperson told BI that it uses less air freight now than it did before the pandemic. Related storiesThe Patagonia spokesperson said it had been tricky to navigate the demand for instant gratification. Adams recalled that at an event in about 2013 in Idaho, Chouinard seemed shocked at how large Patagonia's sales representatives' trucks were. Several people said the 72-hour deadline for CX employees was insufficient to make such a major life decision.
Persons: Yvon Chouinard, Chouinard, It's, Vincent Stanley, Alan Adams, Adams, Robert F, Campbell Brewer, , Stanley, Nick Helmreich, Helmreich, who's Organizations: Patagonia, AP, Workers, Patagonia's, BI, Washington Post Locations: Patagonia, Montana , Wyoming, Alaska, California, Freeport , Maine, AP Patagonia, Idaho, Ventura , California, Reno , Nevada, Patagonia's Reno
AdvertisementA woman's creative out-of-office emails sparked debate on professionalism and workplace norms. Experts say OOO emails should reflect a company's culture. The backlash to a woman's creative out-of-office emails has caught the attention of TikTok and ignited a debate over how much personality to bring to work. Being creative can workSome saw her creative automated emails as unprofessional, while others thought it was a sign that her workplace was stifling and restrictive. Moise told BI that she had found the response to her video funny for the most part, though some had veered into bullying or calling for her to be fired, which was "unnecessary," she said.
Persons: Thara Moise, Chef Moise, Julia White, she'd, " Moise, Carla Bevins, Rich Mehta, Jo Mackie, Burlingtons, Moise, Mackie, Moray Organizations: America, Carnegie Mellon University's Tepper School of Business Locations: Pittsburgh, Moray
Some women are building their confidence and career success at a surprising locale: a poker table. Jenny Just founded Poker Power, a company that teaches the game to women to build up their risk-taking skills. "The poker table was like every money table I had sat at," Just previously told Business Insider. Skills like capital allocation, taking risks, and learning how to strategize." "When I sat down at the poker table, I was instantaneously stereotyped," Merk previously told BI.
Persons: Jenny Just, Erin Lydon, Lydon, Maria Konnikova, I've, Konnikova, Abby Merk, Merk Organizations: US Department of Labor, Poker, Poker Power, Street
That growth didn't come from micromanaging, Weaver told LinkedIn's "This Is Working" video series last week. So if it is not my highest and best use of time, it usually will not bubble up to me. "Micromanaging does not work," Weaver said. If you're micromanaging, something's wrong, he added. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Fawn Weaver isn't, Weaver, LinkedIn's, Mark Cuban, Cuban, they'd, Suzy Welch Organizations: Forbes, Trust, New York University, CNBC Locations: Her Shelbyville , Tennessee, micromanaging
In today's big story, the world reacts to Donald Trump's latest trade plans , which could be a massive negotiation tactic . Michael M. Santiago/Getty ImagesThe man who dubbed himself a master negotiator is upending the global trade market with his latest tactic. AdvertisementThe world is reacting to President-elect Donald Trump's new trade proposals targeting China, Mexico, and Canada. There's a lot to unpack, so let's break it down:So, Trump finally gave us an update on his tariff plans. He's telegraphed his plans for hammering Chinese imports, but a 25% tax on Canadian and Mexican goods was a shock.
Persons: Donald Trump's, Trump, Michael M, He's, Will, Justin Trudeau, Claudia Sheinbaum's, Jenny Chang, Rodriguez, Goldman, Scott Wren, Wells Fargo's, They've, Elon Musk's, Omead Afshar, Afshar, Prince Williams, Bill Clark, Astrida Valigorsky, Alyssa Powell, Kendrick Lamar, Drake, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Affordable, Canadian, Trump, US, Companies, Getty, JPMorgan, Deutsche Bank, BI, Tesla, North, Spotify, Universal Music, Wall Street Locations: China, Russia, Mexico, Canada, Canada's, East, New York, Chicago, London
The death of a 2-year-old western lowland gorilla at a Canadian zoo earlier this month was found to be the result of human error, the zoo announced. The care team member — intending to separate Eyare from other gorillas for an individual training session — accidentally activated the wrong door, striking the young gorilla, who sustained traumatic head injuries. The zoo said that they immediately launched a formal investigation into Eyare's death and removed the gorilla care team member responsible from the workplace following the incident. That member will be "reassigned to another area of the zoo and will undergo further staff training for that area." The zoo said they are also exploring the idea of transitioning to alternative door and control designs, instead of continuing to use hydraulic doors.
Persons: Colleen Baird, , Eyare, Baird Organizations: Calgary Zoo, Wilder Institute Locations: American
The Biden administration plans to require Medicare and Medicaid to offer coverage of weight loss medications for patients seeking to treat obesity. Today, a month's supply of weight loss drugs can cost $1,000 or more, according to estimates from a White House official. About 72 million Americans were enrolled in Medicaid as of July, according to the Centers for Medicare & Medicaid Services. Research suggests there are significant disparities in who receives weight loss drugs. Weight loss drugs like Wegovy are injectable medications of semaglutide.
Persons: Dr, Laure DeMattia Organizations: Biden, White, Centers for Disease Control, White House, Centers, Medicare, Medicaid Services, Kaiser Family Foundation . Research, NBC News, Health Affairs Locations: Norman , Oklahoma, U.S
Business Insider asked its Workforce Innovation board to participate in a roundtable to discuss how DEI programs are evolving. AdvertisementSkills-based hiring is one way companies are working to identify diverse candidates organically. The critical piece for companies is to figure out the best way to capture an accurate and comprehensive view of employees' skills. The global company has a centralized corporate DEI team, with DEI councils at the individual industry units. Using AI to scrutinize hiring, while retaining the human touchAdya said Infosys is using AI to analyze patterns in its hiring data.
Persons: John Deere, Maggie Hulce, Spring Lacy, We've, Anant Adya, Infosys Lucrecia Borgonovo, Chris Deri, Weber, Lacy, Lucrecia Borgonova, Mastercard's, Borgonovo, Lucrecia Borgonovo, Hulce, It's, realigning, Adya, Deri Organizations: Microsoft, Molson Coors, Walmart, for Racial Equity, Business, Ferring Pharmaceuticals, Verizon, Infosys, Prudential, Mastercard, DEI
The bipartisan legislation, introduced to Congress in 2023, would create a federal workplace retirement account for workers, similar to a 401(k). Such a plan would undoubtedly improve outcomes for those who wouldn't have otherwise have access to workplace retirement accounts, a recent study from Morningstar finds. Matching tax credit: Workers under a certain salary threshold would be eligible for a "match" in the form of a federal tax credit. Workers under a certain salary threshold would be eligible for a "match" in the form of a federal tax credit. "A lot of people would think of this federal plan as their [only] plan," he says.
Persons: Uncle Sam, Spencer Look, there'd Organizations: Savings, Morningstar, Workers
CNN —The morning after Donald Trump was reelected president, Justices Samuel Alito and Elena Kagan began jousting more than usual. More than other justices on their respective sides, conservative Alito and liberal Kagan are sharp-tongued strategic questioners. As usual, Alito and Kagan began referring to each other’s questions but with barely a glance toward the other at their elbow. Skeptical of the litigants’ case, Alito asked their lawyer Deepak Gupta why Huang would have put out financial information that could be quickly exposed as wrong. Then Alito said, “Well, I don’t want to derail … Justice Kagan had a number of hypotheticals, but I don’t want to interrupt that.”Kagan seemed miffed, but only slightly.
Persons: Donald Trump, Samuel Alito, Elena Kagan, Alito, Kagan, Trump, Anthony Kennedy, , ” Alito, you’ve, ” Kagan, it’s, gesturing, John Roberts, improvidently, Jensen Huang, Deepak Gupta, Huang, Gupta, “ Huang, , “ You’re, ” Gupta, Biden, Elizabeth Prelogar, Bostock, Biden’s, John Sauer, Sauer, Noel Francisco, Francisco, Amy Coney Barrett, Dobbs, George W, Bush, Alito’s, “ Sam, ” Bush, Barack Obama, Adam Unikowsky, Edmund LaCour, LaCour, “ Let’s, , general’s Organizations: CNN, Kagan, Trump, Meta, Investors, Facebook, Cambridge Analytica, Amalgamated Bank, Department, Nvidia, Texas Rangers, Philadelphia Phillies, Alabama, Alabama Supreme Locations: America’s, Trenton , New Jersey, Swedish, Clayton County, Bush, Alabama
AdvertisementZoom Video Communications Inc. is dropping video from its name in an AI-first rebranding effort. The company, best known for its videoconferencing, will now be known as "Zoom Communications Inc."Zoom isn't the only company revisiting its trajectory in the AI boom. Zoom — the company best known for bringing the world the videoconferencing software that got corporate workers through the coronavirus pandemic — wants to be known for its status as an AI-first company, CEO Eric Yuan wrote in a company blog post published Monday announcing a major rebrand. From this day forward, the company formerly called "Zoom Video Communications Inc." will be known simply as "Zoom Communications Inc." the post reads, as the company focuses on an AI-first approach to corporate communications. "Woven throughout Zoom Workplace, AI Companion frees us up to focus on more important work and minimizes time wasted on less meaningful tasks," the company announced.
Persons: Eric Yuan, Morgan Stanley, OpenAI, Sundar Pichai, Pichai, Marc Benioff, Gartner, Copilot Organizations: Communications, Communications Inc, Major Big Tech, Google, Microsoft, Securities, Exchange, OpenAI, SEC, Business Locations: Amazon, OpenAI
Other companies that withdrew or toned down their DEI initiatives include Lowe's and Ford. Tech companies such as Microsoft, Meta, and Zoom cut DEI programs this year, Business Insider reported in July, and law firms, including Winston & Strawn, faced lawsuits for affirmative action. The Human Rights Campaign slammed companies' DEI rollbacks in an August statement to BI. Advertisement"Decisions to cut DEI initiatives send a clear signal to employees that their employers simply don't care about equality in the workplace. Here are how some companies have cut their DEI programs.
Persons: Robby Starbuck, Jill Kramer, Strawn, Starbuck, Eric Bloem Organizations: Walmart, Ford, Accenture, Tech, Microsoft, Meta, Business, Winston, Washington Post, Rights
Five decades ago, Peter Cancro was your average 14-year-old wrapping sandwiches after school at his local eatery, Mike's Subs. Today, he's the billionaire CEO of Jersey Mike's Subs — but he still gets his hands dirty every now and then. At age 17, the New Jersey native had worked at Mike's Subs for a few years when he discovered the owner was looking to sell. He still slices deli meats and gets face-time with employees "every time I'm in a store," he said at the conference. The ability to be personable is a green-flag trait that good bosses tend to share, workplace culture expert Bonnie Low-Kramen told CNBC Make It last year.
Persons: Peter Cancro, Cancro, Peter, Rod Smith, Bonnie Low, Kramen, It's Organizations: Subs, Blackstone, Jersey, Conference, Bloomberg, CNBC, Workers, Gallup Locations: Jersey, U.S, New York, Jersey Shore, New Jersey
CNN —Despite his campaign promises to leave the issue to the states, President-elect Donald Trump’s administration will shape the national landscape around abortion and reproductive health. And his administration may also be forced to choose whether to pursue other changes, such as how the abortion drug mifepristone is regulated. “Back in April, President Trump made clear that he thinks abortion policy should be left to the states,” Kniffin said. If the Trump administration seeks to undo those and other agency measures, it could make those lawsuits moot. He says he won’t sign a federal bill on abortion,” said one prominent anti-abortion activist, who asked for anonymity to speak candidly.
Persons: Donald Trump’s, Trump, Roe, Wade, Dobbs, wouldn’t, Donald Trump, Joe Biden, Evan Vucci, he’s reneging, , Julia Kaye, Biden, Eric Kniffin, ” Kniffin, , Evelyn Hockstein, Danco, Roger Severino, Greer Donley, ” Donley, Matthew Kacsmaryk —, Dobbs —, , Robert F, Kennedy Jr, Kennedy Organizations: CNN, Jackson, Health Organization, Biden, , Trump’s, Department, White House, DOJ, mifepristone, ACLU, Public Policy Center, GOP, Alamo Women's, Trump Justice Department, Food, Justice, White, Trump, Heritage Foundation, Human Services Department, University, Pittsburgh, Republican, Biden Justice, US Health, Biden Justice Department, Trump DOJ, Circuit, HHS Locations: Dobbs v, reining, Amarillo , Texas, Carbondale , Illinois, Reuters Missouri , Kansas, Idaho, America, Oklahoma, Washington ,
AdvertisementMike Schur is known for clever, kind-hearted TV shows like "Parks and Recreation" and "The Good Place." Schur explained to BI why all his shows have a central theme of hope and his philosophy as a boss. Related storiesSchur's Hollywood success started with a stroke of good luckSchur with cast on the set of "Parks and Recreation." AdvertisementSchur's management style boils down to being a good personSchur, center, with the cast of "The Good Place" during Universal Television's TCA Studio Day events. Schur on the set of "The Good Place."
Persons: Mike Schur, Schur, Charles, Ted Danson, he's, Colleen E, who's, I've, Obama, Ben Cohen, It's, Greg Daniels, Daniels, Evans Vestal Ward, Colleen Hayes Organizations: Netflix, Recreation, Hayes, Hollywood, NBCU, Getty, Universal, NBC Locations: Purgatory, Chilean, Pacific, Hollywood
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