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☆ Salesforce CEO asks if tech execs should 'unleash' their inner Elon Musk. Experts say that's an awful idea.
▼ + stars: | 2023-03-05 | by ( Grace Kay | ) www.businessinsider.com time to read: +6 min

Scott Latham, a strategic management professor at the University of Massachusetts Lowell, called Musk's leadership "incredibly dysfunctional." He said he's never seen a company recover from the type of drastic cuts Musk initiated at Twitter. "Every CEO in Silicon Valley has looked at what Elon Musk has done and has asked themselves, 'Do they need to unleash their own Elon within them?'" If you're going to have a successful company, you need good employees and good employees typically have options. "If more companies start treating their employees like Musk has, that would be a very grim future," Alon-Beck said.

☆ 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.

Some Chinese youth who spoke to Reuters reflected the sense of frustration. But China's Gen Z has its own characteristics that present a dilemma for Xi, some analysts said. A survey of 4,000 Chinese by consultancy Oliver Wyman found Gen Z to be the most negative about China's economic outlook of all the age groups. FIXING THE YOUTHIn a New Year speech, Xi acknowledged the need to improve the prospects of China's youth, without mentioning the protests against his zero-COVID approach. Making housing more affordable could mean allowing a sector responsible for a quarter of China's economic activity in recent years to collapse.

☆ More than 1 in 4 checking account holders are paying fees. Here's how to avoid them
▼ + stars: | 2023-01-17 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

sturtiEven with broad availability of free checking services, more than a quarter of checking account holders — 27% — are paying fees every month. The personal finance site conducted its online survey Dec. 7-12 and included 3,657 adults, of whom 3,069 have a checking account. Gen Z, who range in age from 18 to 26, comes in at the top of the list, with 46% of that generation's checking account holders paying monthly fees. Millennials, who are ages 27 to 42, come in next, with 42% of account holders paying monthly checking fees, Bankrate.com found. Older cohorts — Gen Xers, who are between 43 and 58, and baby boomers, ages 59 to 77 — are less likely to pay checking account fees.

☆ Gen Z employees are influencing more casual language around the office. Here's a breakdown of the jargon.
▼ + stars: | 2022-12-14 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Gen Z employees are learning what they should and shouldn't say at work amid a generational language barrier. A human resources professional told Insider Gen Z should be mindful when bringing new sayings to the workplace. Kevon Martin, assistant human resources manager for Hyatt Regency Houston, told Insider there's a time and a place for slang. Below is a list of phrases a Gen Z colleague might use and what they (usually) mean. AdvertisementAdvertisementL or WAlthough referring to wins and losses as "W's" or "L's" probably didn't start with Gen Z, the youngsters do like to use it to describe a positive or negative experience.

Persons: Zers, —, Barclays LifeSkills, Kevon Martin, there's, Martin, Gen, it's, Gen Zers, naur, It's, Rizz, Gen Z Organizations: Service, Washington Post, Barclays, Hyatt Regency, Labor, Facebook, Emory Healthcare, Emory Hospital Locations: Wall, Silicon, TikTok, Great Britain, Hyatt Regency Houston, Black, Atlanta

☆ Gen Z employees are using new slang in the workplace and it's confusing their colleagues. Here's a breakdown of the jargon.
▼ + stars: | 2022-12-14 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Gen Z employees are learning what they should and shouldn't say at work amid a generational language barrier. A human resources professional told Insider Gen Z should be mindful when bringing new sayings to the workplace. Zachary Timms, a 25-year-old project engineer, told Insider he's in a unique position as an elder Gen Zer. Kevon Martin, assistant human resources manager for Hyatt Regency Houston, told Insider there's a time and a place for slang. Below is a list of phrases a Gen Z colleague might use and what they (usually) mean.

☆ Gen Z workers are underrepresented in the federal government: report
▼ + stars: | 2022-11-14 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Gen Z employees are underrepresented in the federal government, according to a new report. The nonprofit Partnership for Public Service analyzed federal retention trends centering on Gen X and Gen Z. The average turnover rate for Gen Z in the federal government — more than 12% — was also significantly higher than the federal government-wide rate at around 6%. Congress will, however, soon have its first Gen Z member in Maxwell Frost, a 25-year-old Democrat who won Florida'sFinancial stability was a chief concern among Gen Z workers, who on average had more than $18,000 in student debt in 2021. With the COVID-19 pandemic still present, workplace flexibility and easy-to-use digital technologies were also among the priorities of Gen X and Gen Z federal employees, according to the report.

☆ America’s housing dream is broken
▼ + stars: | 2022-11-03 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

New York CNN Business —A little over a decade ago, the dominant narrative about the housing market was that Millennials simply weren’t buying. As that 2020 housing boom begins to go bust, those who managed to close on a home in the crush of competition fed by rock-bottom mortgage rates should count themselves extremely lucky. “And this year were facing increasing home prices while mortgage rates are also climbing.”Oh yeah, one other thing: In addition to mortgage rates going up, home prices also shot up, with the median peaking at $413,800 in June. As affordability reaches crisis levels, now is a good time for federal and local governments to rethink the way we frame the American Dream. Another strong data point on jobs will only reassure the Fed that the labor market can withstand more rate hikes.

☆ This pandemic consumer trend is still going strong. How to get behind it
▼ + stars: | 2022-10-16 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +4 min

As CNBC Pro has previously reported, pet ownership in the U.S . is booming, and will help sustain a higher level of sales in the coming years. However, that 4% increase in pet ownership has resulted in an 11% gain in pet spending, it said. "Despite now being [circa] 30 months away from the start of the pandemic, pet care is still going strong," AllianceBernstein analysts wrote. That pace is faster than 8% global growth rate from 2021 to 2022 predicted by Euromonitor and Bernstein analysis, the report said. It owns Diana Pet Foods, and is the leading pet food ingredients company.

☆ Rihanna to headline Super Bowl 2023 halftime show
▼ + stars: | 2022-09-25 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +3 min

Rihanna will headline the halftime show at next year's SuperBowl, the pop singer, her record label, the NFL and new halftime show sponsor Apple Music announced Sunday. Apple Music, which the NFL announced earlier this week would replace previous sponsor Pepsi as the upcoming halftime show's sponsor, also confirmed the news in a tweet. @rihanna will take the stage for the first ever Apple Music Super Bowl Halftime Show on 2.12.23," the tweet read. Super Bowl LVII is scheduled for Feb. 12, at State Farm Stadium in Glendale, Arizona. In an interview with Vogue earlier this year, the 34-year-old pop singer said she was working on a new album.

☆ Mark Cuban says baby boomers went from 'fighting the man to being everything that was hated in the 60s and 70s'
▼ + stars: | 2022-09-19 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Mark Cuban says baby boomers went from "fighting the man" to becoming what they'd hated in the 60s and 70s. Last week, the billionaire said on a podcast that he believes Gen-Z is the "greatest" generation. Cuban said Zoomers have a greater consideration for mental health and are changing the workplace. But for so many, to go from 'fighting the man' to being everything that was hated in the 60s and 70s is disappointing." But despite their economic success, baby boomers are about seven times more likely to share misinformation on social media, a 2019 study from researchers at Princeton and New York University found.

If you don't have a lot of experience with banking, here are four tips you should know before spending another penny. Marguerita Cheng, a financial planner at Blue Ocean Global Wealth, says opening up a second bank account may be a good option. "Even when you're in school, if it is appropriate for you to open another account, you're not doing anything to disrespect your parents. When you're deciding which bank account to open, Cheng advises Gen Z to be wary of CDs. You'll want to pay attention to monthly maintenance fees, overdraft fees, and out-of-network transaction fees, which are some of the most common charges.

Persons: Gen, you've, Marguerita Cheng, Cheng, Gen Z Organizations: Service Locations: Wall, Silicon

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