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☆ America's lack of boardroom diversity isn't just a PR problem, it's a business problem that will make companies more vulnerable in a downturn
▼ + stars: | 2022-12-14 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +6 min

More than a dozen companies had no board members of color, according to the report, which relied on 2021 data. Along with a few partner organizations, Watts launched a program in August to help companies interview and select more board members from underrepresented backgrounds. Bessie Watts of Vista Equity Partners is working on a program to increase the pipeline of board members from underrepresented backgrounds. More CEOs are embracing not just the moral case for board diversity, but the business case, as well, Watts said. "We're able to meet and help support board members with valuable new insight."

☆ New York City Delays Enforcement of AI Bias Law
▼ + stars: | 2022-12-13 | by ( Richard Vanderford | ) www.wsj.com time to read: +3 min

New York City is delaying the enforcement of a law requiring bias audits of artificial intelligence systems used in hiring, following questions from industry over the specifics of how in practice the groundbreaking legislation would apply. The move comes after an outpouring of concern among businesses, AI vendors and professional firms about how exactly they could comply with the city’s law. Detractors have expressed concern that the use of AI tools could inadvertently apply prejudices at scale to the recruitment process. Proponents, though, have argued that AI systems used in hiring could ultimately be fairer and more transparent than human resources staff, who can bring their own biases to the job. The scrutiny of AI tools is good, but should be balanced, said Emily Dickens, head of government affairs for the Society for Human Resource Management.

☆ I'm a scientist and a model. My days include tagging alligators, hunting pythons, and posing at luxury events in heels and full makeup.
▼ + stars: | 2022-12-04 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +7 min

When people who know her as a model discover she's a scientist, they respect her more, she said. We always had four wheelers and creeks and stuff like that, so I think that's definitely why I'm outdoorsy. I also do other things on the side, including python hunting, shark diving, and tagging of various species like alligators. Now I have contracts with some clothing and drink companies, and I'm also signed with an agency that does luxury event modeling. As a model, when you're talking to somebody and they find out you're a scientist it's almost like the respect for you changes.

☆ Railroad workers aren't the only Americans without paid sick leave
▼ + stars: | 2022-12-01 | by ( Tami Luhby | ) edition.cnn.com time to read: +6 min

The US does not have a national standard on paid sick leave, a rarity among industrialized nations. “The most disempowered workers – who are low-wage workers – don’t have an opportunity to demand paid sick leave from their employers,” he said. Railroad workers’ battleWhile the vast majority of union members have paid sick days, the freight railroad workers do not. Meanwhile, a growing number of states, cities and counties have been enacting paid sick leave laws in recent years. Advocates see the railroad workers’ battle as an opportunity to renew interest in expanding the availability of paid sick leave.

☆ U.S. warns California cities to prepare for possible water cuts and fourth year of drought
▼ + stars: | 2022-11-28 | by ( Emma Newburger | ) www.cnbc.com time to read: +1 min

Houseboats on Lake Oroville during a drought in Oroville, California, U.S., on Monday, Oct. 11, 2021. Federal water managers on Monday warned California cities and industrial users receiving water from the Central Valley Project to prepare for a fourth year of drought and possibly "extremely limited water supply" during 2023. The U.S. Bureau of Reclamation, an agency of the Interior Department that oversees water resource management, said drought conditions in California have persisted despite early storms this month, and warned of looming water conservation actions. The agency said water storage is near historic lows in the reservoirs it oversees in the state, which irrigate more than 3 million acres of land in central California and supply major urban centers in the Greater Sacramento and San Francisco Bay areas. The project's water provides supplies for approximately 2.5 million people per year.

☆ Class of 2023 rejoice: Companies are ramping up hiring of new college grads as experienced workers are harder to find amid the labor shortage
▼ + stars: | 2022-11-06 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +9 min

The labor market is still tight, but employers are ready to hire from the pool of new college graduates. NACE found that respondents plan to hire 14.7% more 2023 graduates compared to the class of 2022. That's good news for workers, especially recent college graduates. "For instance, in many cases it costs less to hire a recent college graduate compared to a mid-career or senior-level professional." But it noted "only 6% expect to cut back on hiring new college graduates."

☆ Fidelity is the latest employer to offer free college education to workers
▼ + stars: | 2022-11-03 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Despite growing economic uncertainty, employers are still waging a war for talent, and employees are coming out ahead. Now, more businesses are expanding their benefit offerings with free college programs to attract and retain workers. Most recently, Fidelity Investments said it will offer fully funded undergraduate degrees to 18,000 employees, including entry-level customer service phone representatives. Roughly 38,000 Citi front-line consumer banking employees are eligible for its education benefits program, including free college. Now, 48% of employers said they offer undergraduate or graduate tuition assistance as a benefit, according to that survey.

☆ A state-by-state guide to where you're guaranteed paid time off for voting—and where you aren't
▼ + stars: | 2022-11-01 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

Federal law doesn't require employers to give employees any time off to vote, much less paid time off. Instead, the laws vary from state to state: Just 29 states and the District of Columbia currently require employers to give employees time off to vote in general elections. Only 23 of them require that you actually get paid for that time, and those rules also vary by state. Some require up to three hours of paid time off, while other states leave it up to employers to determine what constitutes a "reasonable amount of time to vote." That leaves 21 states where your employer is not required to offer you any time off in order to cast your ballot next week.

☆ These 10 cities are the best places to work from home in the U.S., new report finds
▼ + stars: | 2022-10-21 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

SmartAsset's report ranked 100 of America's largest cities across eight metrics including the percentage of the workforce that works from home, median monthly housing costs, unemployment rate, income tax rate, coffee shop density and bar density to determine the best city for remote work. Austin, Texas snagged the number one spot, with Scottsdale, Arizona and Pittsburgh, Pennsylvania trailing closely behind. "The five-year change in the percentage of people working from home was 30.6%, which was the seventh-highest percentage in our study." "With more affordable housing costs, workers may be able to buy or rent a larger home that can accommodate an office." Similar to Scottsdale, professionals earning $75,000 will be taxed by the federal and state governments at 22.90%.

☆ 96% of bosses say they give in-office employees more recognition—how to combat 'proximity bias'
▼ + stars: | 2022-10-19 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

As more companies adopt hybrid work arrangements, with teams split between in-person and remote employees, a pressing question arises: How important is it, really, to be clocking in face-time with your bosses and co-workers? While an overwhelming majority of executives place greater value on in-office contributions, 42% of employees believe their bosses notice their remote contributions as much as their work in the office. There's a difference in opinions, however, among executives and employees on the importance of face-time. Envoy found that a greater percentage of female executives (8%) notice employees' remote contributions as much as in-office contributions compared to their male counterparts (3%). Gen Z employees were the most aligned with executives, with 73% of Gen Z employees believing that their onsite contributions are noticed more, while just 56% of workers from different generations agreed.

☆ If you're considering a career switch, don't let your company change your mind by dangling a promotion in your face
▼ + stars: | 2022-10-19 | by ( Rebecca Knight | Shana Lebowitz | ) www.businessinsider.com time to read: +4 min

When you tell your employer you're quitting, your boss might try to lure you back with a promotion. After months — or years — of resenting your job, you're going to quit and start a different career. Your unappreciative manager just made you a surprise offer — a promotion, complete with a new title and a salary bump. Sometimes it makes sense to abandon — or postpone — your career change if you get a better deal at work. Remember: If you accept the promotion and stick with your current employer, your boss might not trust you as much anymore.

☆ 10 low-stress jobs that pay more than $100,000 per year and how to get them
▼ + stars: | 2022-10-16 | by ( Gili Malinsky | ) www.cnbc.com time to read: +4 min

Here are 10 jobs on the list that pay a median annual salary of more than $100,000 and feature a comparatively low level of stress tolerance (all have a level of less than 70 out of 100), including their median annual salaries and requirements to be considered. Median annual salary: $104,100Economics professorEconomics professors teach graduate or undergraduate students topics such as price theory and microeconomics. Median annual salary: $108,100Brownfield redevelopment specialist and site managerThese specialists plan and oversee the cleanup and redevelopment of contaminated land. Median annual salary: $124,650Water resource specialistThese specialists design and help implement programs related to the supply, quality and regulation of water. Median annual salary: $137,900Physicist

☆ Souring Economy Gives Tech Freelancers a Lift
▼ + stars: | 2022-10-12 | by ( Angus Loten | ) www.wsj.com time to read: +5 min

Like most companies, he said, it enlists freelancers with specific skills across a range of capabilities, including AI and analytics. “The pandemic and, more recently, the turbulence in the economy, spurred demand for greater labor flexibility both among employers and workers,” Mr. Herbert said. Sebastián Siseles, a vice president at Freelancer.com, said freelance work also allows IT job seekers—especially younger workers—to reduce the risk of being dependent on a single employer. By adapting to remote work during the pandemic, employers “opened the window” to hiring more freelancers, Mr. Siseles said. Many tech-enabled companies such as Uber Technologies Inc., Lyft Inc. and DoorDash Inc., which rely heavily on gig workers, have opposed similar efforts in the past.

☆ Papa John's is the latest employer to offer free college for frontline workers
▼ + stars: | 2022-09-28 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

In this article CTRN Follow your favorite stocks CREATE FREE ACCOUNTwatch nowIn a war for talent, employers are drastically expanding their benefit offerings to attract and retain workers. More from Personal Finance:Inflation and higher rates are a ‘dangerous mix’Companies are slashing parental leave benefitsHere are the 'most employable' college degrees "Wherever you can differentiate yourself is pretty critical," said Marvin Boakye, Papa John's chief people and diversity officer. Now, nearly half, or 48%, of employers said they offer undergraduate or graduate tuition assistance as a benefit. "We're seeing it shift a little in how they are thinking about attracting talent," according to Buban. "The majority of our leadership team were delivery drivers and moved up through the organization," Papa John's Boakye said.

☆ New York’s Landmark AI Bias Law Prompts Uncertainty
▼ + stars: | 2022-09-21 | by ( Richard Vanderford | ) www.wsj.com time to read: +7 min

“If you are an organization that’s using some type of these tools…it can be pretty confusing.”The city law will potentially impact a large number of employers. New York City in 2021 had just under 200,000 businesses, according to the New York State Department of Labor. AI technology can help businesses hire and onboard candidates more quickly amid a “war for talent,” said Emily Dickens, SHRM’s head of government affairs. Which is scary,” Ms. Zuloaga said, adding that she supports the scrutiny AI systems have started to receive. Some critics have argued the New York law doesn’t go far enough.

☆ The YouTube prayer channel started during Covid that's become a global movement
▼ + stars: | 2022-08-21 | by ( Nimi Princewill | ) edition.cnn.com time to read: +9 min

Eze's YouTube channel receives one of the highest Super Chat donations in the world, according to PlayboardAmong his ardent fans is award-winning Nigerian singer D'banj who tells CNN joining Eze's morning prayers has become a routine. Nollywood actress Tonto Dikeh says she also connected with Eze's ministry early last year. He had started livestreaming hoping to inspire his congregation when the pandemic shut down all church services and attendance at his fledgling ministry, Streams of Joy International, dwindled. Eze's daily messages of encouragement later morphed into a daily online prayer network every weekday on YouTube and other video-sharing services. "People all over the world are accustomed to waking up and finding Pastor Jerry online," Eze says.

☆ Here's what to do if you find out an employee is in a secret relationship with a boss
▼ + stars: | 2021-05-25 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +6 min

Office romance is tricky— especially if you find out an employee is in a relationship with a boss. I have heard from someone on my team that one of my employees is in a close relationship with a woman he supervises. "You could be wrong, and if you accuse Roger of something untrue, that could hurt your relationship with him," she said. Anticipate that Roger will deny the relationship or push back and say it's none of your business. Say that you're not trying to police people's lives but that the relationship creates a conflict of interest.

☆ The pros and cons of going to graduate school right now, according to academic and business experts
▼ + stars: | 2020-07-09 | by ( Robin Madell | ) www.businessinsider.com time to read: +13 min

Due to the current job market, many recent college graduates are considering going back to school. Could now be a smart time to put your job search on ice and shift gears to graduate school? The prosYou avoid entering a limited job market and possibly stunting your compensationPatrick Mullane, executive director of Harvard Business School Online, explained one benefit of going to graduate school while the economy isn't robust. J. Celeste Walley-Jean, dean at Clayton State University's School of Graduate Studies & Inclusive Engagement, noted that another indicator that the timing may be right to attend graduate school is cost. "If you just graduated and can't find a job, grad school might seem like a great way to ride out the recession.

☆ We asked 5 MBA graduates in varying age groups when the right time to go to business school is — here's what they said
▼ + stars: | 2019-10-08 | by ( Elle Hardy | ) www.businessinsider.com time to read: +12 min

The average age for students taking the GMAT to get into business school is on the decline. Insider interviewed graduates to determine when the best time to go to business school really is. The average age of people sitting to take their GMAT test for business school is trending slightly downwards, from 26.5 in 2014 to 25.9 in 2021. In an unconventional move, McGranahan decided to go to business school after having been offered another promotion at global cosmetics giant Sephora. "I wish my mind was a bit younger to compete with the 30- and 35-year-olds, but the right time for you is the right age to go.

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