Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "hoff"


25 mentions found


We analyzed how much employees reported making across levels, locations, races, and genders. Insider analyzed the entire dataset and built tables and other data graphics showing how much employees reported making across various levels, locations, races, and genders. The graphics for levels and locations show the minimum and maximum base salaries, equity, and bonuses for each dataset. The tables for race and gender show the median base salaries, equity, and bonuses of the data that was reported. The following table includes the median values for base salary, equity, and bonuses.
Persons: Googlers, Tamani, Jeff Dean, Sanjay Ghemawat Organizations: Google Locations: New York, Colorado, Georgia
It's more expensive to live in San Jose, California, than Bakersfield, California. The Council for Community and Economic Research looked at 274 urban areas for the second quarter of 2023. The Council for Community and Economic Research, or C2ER, publishes a quarterly Cost of Living Index for US urban areas. According to the press release, there were 274 urban areas that participated in the second quarter of this year. A score of 100 means it's equivalent to the national average for the 274 urban areas.
Persons: Jose Organizations: for Community, Economic, Service, Economic Research, Index, Manhattan Locations: San Jose , California, Bakersfield , California, California, Wall, Silicon, Jose, San Francisco
The US jobs market stayed strong in August
  + stars: | 2023-09-01 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +6 min
Truck transportation also saw employment fall by 36,700.Leisure and hospitality saw a job gain of 40,000 from July to August. From wage growth to an increase in labor force participation, various data points suggest the US labor market is still strong. There were 8.8 million job openings in July after 9.2 million in June, according to new Job Openings and Labor Turnover Survey or JOLTS data released by BLS earlier this week. "We expect this labor market rebalancing to continue," Powell said. "Evidence that the tightness in the labor market is no longer easing could also call for a monetary policy response."
Persons: Jerome Powell, Lydia Boussour, EY, Boussour, Nick Bunker, Bunker, it's, Julia Pollak, Pollak, Jonathan Fisher, Fisher, Powell Organizations: payrolls, Service, SAG, Bureau of Labor Statistics, Labor, BLS, North America, Washington Center for Equitable Growth Locations: Wall, Silicon, Jackson Hole , Wyoming
Experts say a reassignment is often a good sign and may mean a company wants to keep you. Challenger told Insider that over the past few years, companies focused on reassigning workers internally because it was hard to find replacements amid the labor shortage. AdvertisementAdvertisement"It's usually a company saying, 'Hey, we don't have this role anymore, but we want to keep you,'" Challenger told Insider. "Just the act of reassignment does not signal that a company wants you gone," Julia Pollak, the chief economist at ZipRecruiter, told Insider. Yolanda M. Owens, a career coach who works with platforms like the Muse, told Insider by email that companies can also use reassignments to keep the power dynamics in their favor.
Persons: Andy Challenger, they've, Julia Pollak, Pollak, Yolanda M, Owens, Challenger, " Pollak Organizations: Service, Street Journal, Challenger, Research Locations: Wall, Silicon
A report from Goldman Sachs shows studies on remote work have had different conclusions. Results from different research studies don't seem to agree on what remote working means for productivity, a recent report from Goldman Sachs shows. AdvertisementAdvertisementThe different research cited in the report had different study designs. call centers) tended to find positive impacts of remote work," the report said. As studies examine the productivity gains — or losses — of remote work, people have been asked to make the trip back to the office.
Persons: Goldman Sachs, Jose Maria Barrero, Nicholas Bloom, Steven J, Davis, Grace Lordan Organizations: Service, London School of Economics Locations: Wall, Silicon
The 30 highest-paying jobs in New York State
  + stars: | 2023-08-28 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +2 min
Pediatric surgeon was the highest-paying job in New York, based on May 2022 data. Similarly to our published list of the highest-paying jobs in the US, medical occupations loom large on the list focused on New York. With the average for all occupations in the state being $74,870, all 30 of the highest-paying jobs in the state had averages well above that. AdvertisementAdvertisementBelow are the highest-paying jobs in New York. We included each jobs' average annual salaries and the number of people employed in each job in New York State from the Bureau of Labor Statistics.
Persons: Dermatologists, Andy Kiersz Organizations: Empire State, Pilots, Service, Bureau of Labor Statistics, BLS, New York Locations: Empire, New York, Wall, Silicon, New York State
Miami-Dade County is the most expensive urban area in Florida among the 10 places on the list. A composite index of 100 for a city means its cost living is equal to the national average. AdvertisementAdvertisementBelow is how expensive it can be to live in 10 urban areas in the Sunshine State. We also included some of the average prices of goods and services for the first quarter of this year. Did you move to one of these Florida places for the cost of living or did you decide to move out of Florida?
Persons: C2ER Organizations: Miami, Council for Community, Economic, Service, Sunshine State Locations: Dade County, Florida, Wall, Silicon, Sunshine, Manhattan , New York
He did not specify what the bank's next move will be and committed to reaching the 2% inflation target. On Friday, Powell took the podium for the Fed's annual economic policy symposium hosted by the Kansas City Fed. Doing too much could also do unnecessary harm to the economy," Powell said during his remarks. The unemployment rate has offered another promising sign for the Fed in its inflation fight. Chair Powell must maintain the Fed's pause on rate hikes and avoid further rate increases that threaten our economy and risk throwing Americans out of work."
Persons: Jerome Powell, Jackson, Powell, , it's, Massachusetts Sen, Elizabeth Warren, Greg McBride Organizations: Service, Kansas City Fed, Fed, Democratic Locations: Wall, Silicon, Jackson Hole , Wyoming, Massachusetts
Working adults or job seekers tend to prefer remote work over being in the office full time, per Bankrate. New survey results from Bankrate found 64% of US adults who are part of the workforce are in favor of fully remote work instead of work done all in person. AdvertisementAdvertisementOne person who is in a new fully remote position had previously been working remotely as an ad tech contractor. "I think fully remote work is going to be tough for them to find," Pozen said. AdvertisementAdvertisementAre you thinking about switching jobs or have already quit because of return to office requirements or a desire for flexible work?
Persons: Bankrate, YouGov, Mark Hamrick, it's, Robert C, Hamrick, Pozen, Paul Rubenstein, Visier, you've, Rubenstein, Robert Half Organizations: Service, MIT Sloan School of Management, Workers Locations: Wall, Silicon, Bankrate
O*NET scores job characteristics like stress tolerance on a scale from 0 to 100, where a 0 means stress tolerance is not at all necessary for an occupation, and 100 suggests a job with a very high-stress environment. We ranked occupations from most to least stressful using O*NET's stress tolerance score, with lower scores indicating less stressful jobs. For instance, postsecondary economics teachers had a stress tolerance score of 63 and had an average annual wage of $122,750. This job had a stress tolerance score of 51 and an average annual wage of $77,310. For instance, a few high-paying occupations had a stress tolerance score of 68, such as geoscientists and postsecondary mathematical science teachers.
Persons: Andy Kiersz Organizations: Service, Bureau of Labor Statistics Locations: Wall, Silicon
It all started when Haight was looking on freelancing site Fiverr for someone to make a logo for a side business she had. She left the magazine and other side hustles a few years later to focus on freelance editing full time. She said these are examples of "things that would've never been able to happen before I started freelance work." "I prefer freelance work for the variety, for the freedom." "Whenever someone does freelance work, they quickly fall in love with the flexibility it offers," she said.
Persons: Nancy Haight, Haight, I've, would've Organizations: Service Locations: Wall, Silicon, Eugene , Oregon, Fiverr, New York
Based on five companies' responses, hybrid work is thriving right now. The spokesperson noted that the company believes both hybrid work and flexibility aren't going anywhere. EYOutside of the tech sector, companies are also prioritizing hybrid work. Still, Giampietro noted the challenge of hybrid work for meeting with clients, as some of "those clients may not be in as frequently or may not want us in as frequently." Reach out to this reporter at mhoff@insider.com to share your story and how you feel about your company's current remote, hybrid, or in-person work policy.
Persons: Yahoo Finance's Daniel Howley, We've, Ryan Lamont, Lamont, we're, Fiona Cicconi, Chris Schmidt, Schmidt, Frank Giampietro, EY, Giampietro, McKinsey & Company Katy George, George Organizations: Microsoft, Service, Gallup, IBM, Google, Microsoft Microsoft, Yahoo, Google Google, Street, Alphabet Workers, Alphabet Workers Union, CWA, McKinsey & Company, McKinsey Locations: Wall, Silicon, New York City, Americas
Inflation as measured by the CPI was expected to accelerate, with a year-over-year CPI forecast of 3.3% for July after June's 12-month change of 3.0%. Inflation had been cooling for 12 straight months before the latest CPI release. That increase is around the forecast, a year-over-year increase of 4.8%. The food index surged 4.9% year over year in July. "Despite elevated inflation, longer-term inflation expectations appear to remain well anchored, as reflected in a broad range of surveys of households, businesses, and forecasters, as well as measures from financial markets."
Persons: That's, Tom Garretson, Garretson, Greg McBride, Jerome Powell Organizations: Service, Index, Bureau of Labor Statistics, CPI, RBC Wealth Management, Federal Locations: Wall, Silicon
Americans held over $1 trillion in credit card debt in the second quarter of 2023, a new record. The rise in credit card debt helped push total household debt to a record-high $17.06 trillion. For the last seven quarters, credit card balances have grown year over year amid strong consumer spending despite high prices. Despite these record-high credit card balances, there are some silver linings. Are you dealing with an untenable amount of credit card debt, or worried about student loan payments restarting?
Persons: Bankrate, Courtney Alev, Alev, Donald Trump, Joe Biden, Biden, Ted Rossman, Rossman Organizations: Federal Reserve Bank of New, Service, Privacy, New York Fed, Credit Karma, Fed, Consumer Financial, Bureau, Education Department, New, jkaplan Locations: Federal Reserve Bank of New York, Wall, Silicon, It's, York
Private education and health services saw a one-month job gain of 100,000, with healthcare and social assistance seeing a gain of 87,100. Leisure and hospitality, construction, and financial activities are some of the other industries that saw job growth. Julia Pollak, chief economist at ZipRecruiter, told Insider Friday's report from BLS showed a slowing labor market but one that's "still very solid." Different data points before Friday's jobs report suggest that the labor market is still a strong jobs market for workers and job seekers. Pollak described the labor market as sustainable, and Bunker described it as robust. So this is still a strong, resilient, robust labor market."
Persons: payrolls, Daniel Zhao, Julia Pollak, Pollak, it's, Nick Bunker, Tuesday's, Bunker, Labor Julie Su, we're Organizations: payrolls, Service, of Labor Statistics, BLS, Friday's BLS, North America, Bureau of Labor Statistics, Labor Locations: Wall, Silicon, Friday's
The 30 highest-paying jobs in Florida
  + stars: | 2023-08-02 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +2 min
The average annual wage for all occupations in Florida was $55,980, according to Bureau of Labor Statistics data. The 30 best-paying jobs in the state all pay well, but the estimated number of employees for each vary greatly. While the average annual wage for Florida was $55,980 in May 2022, the 30 jobs with the highest averages in the state were over double that. This job is also the best-paying job nationally, per average annual wage data, with a national average of $421,330. Below are the jobs that pay the best in Florida, according to average annual wage estimates.
Persons: Cardiologists, didn't Organizations: of Labor Statistics, Service Locations: Florida, Wall, Silicon
A Pew Research Center analysis highlights the degree to which jobs, industries, and workers might be exposed to AI. More exposure for jobs means AI "can either perform their most important activities entirely or help with them" per the report. This was used to figure out the degree in which different kinds of activities and jobs are exposed to artificial intelligence. Overall, almost a quarter of US workers were in the least exposed jobs in 2022 per the report. That's slightly higher than the 19% of workers in jobs that are considered most exposed to AI.
Persons: Rakesh Kochhar, Pew, Kochhar, Sam Altman, Jobs Organizations: Pew Research, Service, Pew Research Center, Pew, realtors, McKinsey Locations: Wall, Silicon
Still, businesses aren't feeling too optimistic, with most still expecting a recession this year. However, big companies are hiring, businesses are expanding, and lots of entrepreneurs are filing to open new startups. This was partly due to consumers spending more and business investment being way up. The main measure of business investment in the GDP report is well above pre-pandemic levels, and shows no signs of slowing down ahead of a hypothetical recession. Businesses also aren't feeling too optimistic according to the National Federation of Independent Business' Small Business Optimism Index.
Persons: , Gregory Daco, Daco, Jeffrey Roach, Jerome Powell, Powell Organizations: Service, Bureau, Infrastructure Investment, Jobs, US . Entrepreneurs, Economic Innovation Group, Economic, Nationwide, Edelman Data, Intelligence, National Federation of Independent Business, LPL, Federal Reserve, Fed Locations: Wall, Silicon
The US economy is surging
  + stars: | 2023-07-27 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +5 min
Real gross domestic product, or real GDP, grew at an annualized rate of 2.4%. That advance estimate for the second quarter beat the 1.8% increase expected. A recent GDP preview from Gregory Daco, chief economist of EY, also highlighted strength in the US economy and what it may mean. "Still, the economy continues to face significant headwinds from persistently elevated prices and costs, tightening credit conditions and rising interest rates. That's also much higher than the 3.2% seen in the second quarter of 2022.
Persons: Bill Adams, Jerome Powell, Powell, Gregory Daco, Daco, That's Organizations: Service, BEA, Consumer, Federal Reserve, Comerica Bank's, Fed Locations: Wall, Silicon
A new wave of generative AI jobs could follow the same pattern, per a Brookings Institution report. Nearly half of the new US generative AI job postings in May came from one of six metro areas. In May, 25% of new generative AI job postings — which contained terms like "ChatGPT" or "generative AI" — were posted in the Bay Area (San Francisco and San Jose). In the below chart, "early adopters" refers to the 13 aforementioned metros, excluding the Bay Area metros. Brookings' Muro said that he expects many generative AI jobs to be in-person some or all of the time.
Persons: ChatGPT, , Santa Barbara, Mark Muro, Muro, Sam Altman, Brookings Organizations: Brookings Institution, Service, Bay Area, , Google Locations: Wall, Silicon, Lightcast, Bay, San Francisco, San Jose, New York City, Los Angeles, Boston, Seattle, Washington, DC, San Diego, Austin, Raleigh, Boulder, Lincoln, Santa Cruz, Santa Maria, Santa, Santa Fe, Brookings, — San Francisco
However, many job seekers are still intrigued by this work — at least based on those searching for roles related to software development. Pay could be a reason why job seekers are thinking about positions related to software development. Job seekers eager to check out tech roles seem to be brushing aside the decline in postings, recent attrition, and concerns about the future of AI in the sector. "I think that there's, amongst many job seekers, an expectation that software jobs are going to continue to be a good, high-paying occupation," Stahle said. "And as far as things like AI go, there's still kind of a lot to see as to the way that that's going to unfold.
Persons: Cory Stahle, switchers, it's, Stahle, Job, there's, that's Organizations: Service, of Labor Statistics, Bureau of Labor Statistics Locations: Wall, Silicon,
Derrick Morgan Jr. turned his freelance work while working at a law firm into a full-time gig. Morgan lands freelance work through the freelance-site Fiverr, where his starting price for different trademark services vary. Additionally, he has his own full-service law firm, but didn't disclose how much money he makes from this to Insider. He actually got started in trademark-attorney work during the pandemic while working for a law firm. "I would take three international trips a year just because I had the flexibility with my law firm," he said.
Persons: Derrick Morgan Jr, he's, Morgan, I've, , Fiverr, Selina Organizations: Service, Locations: Wall, Silicon, Europe, Hungary, Croatia, Monaco, Italy, Iceland, Mexico City, Chicago, Asia, Fiverr
Insider obtained an internal spreadsheet that shows much Google employees were paid in 2022.Insider crunched the numbers to find the highest base salaries for US-based roles at the tech giant. The median total compensation at Google in 2022 was $279,802 — but which roles raked in the highest salaries? Insider obtained an internal company spreadsheet that was shared among Google employees. The sheet includes salary data for more than 12,000 US-based employees in 2022 and covers a range of roles, including software engineers and business analysts. The spreadsheet gives us our best look yet at how much the tech giant is paying staff, with some limitations: the data is for US-based roles only and includes data that employees voluntarily submitted.
Organizations: Software, Google, Morning Locations: US
A spreadsheet showing what thousands of Google employees make has come to light for all to see. Yet many Google employees think they're underpaid. Someone working in cloud sales for example could have a base salary of $50,000, although that ranges up to $302,000. A job in technical operations starts at $47,000, while the minimum base salary for an admin assistant is $67,509. The highest-paid software engineers can make up to $718,000 a year in base salary.
Persons: Insider's Rosalie Chan, Madison Hoff, Hugh Langley Organizations: Google, Morning, DR, of Labor Statistics
The number of people doing platform gig work like deliveries on apps in the US grew by over 150% during the pandemic. The researchers used tax data from 90 gig economy platforms and apps for their analysis. "COVID was a watershed moment for a particular type of platform gig work, which is delivery work," Koustas said. Gig workers became younger and more female; 44% of transportation and delivery platform workers were female by 2021, per the working paper. While platform gig work climbed during the pandemic, a research brief about the working paper results states that other contract and freelance work fell during COVID.
Persons: Dmitri Koustas, COVID, Koustas Organizations: Service, The University of Chicago Harris School of Public, McKinsey, Workers, Economic Policy Institute Locations: Wall, Silicon, United States
Total: 25