If you really want to rev up your retirement savings and minimize income taxes, the best thing to be is a late-career professional in private practice. When you’re making a lot of money and are close ...
Tag: General Labor Issues
Workers are disengaged from their jobs — but don’t blame remote work. The real cause lies elsewhere.
Worker disengagement is increasing no matter where a person does their job, whether that’s in the office, at home, or a hybrid of both. And just because people are showing up to the job in person, it ...
Layoffs at Intel Could Spell a Bitter Winter for Tech. It’s Not All Bad News.
Intel looks set to be the latest tech company to announce job cuts in the face of a gloomy macro outlook—a sign that a bitter winter is coming for the sector. From a more macro perspective, there are ...
I joined the ‘Great Resignation’ a few months ago—here’s how it’s working out
I feel lighter after joining the Great Resignation a few months ago. I’m also overwhelmed. Businesses are urgently hiring, according to LinkedIn, Idealist, Monster and Indeed. And I’m getting phone ca...
Over 50% of CEOs say they’re considering cutting jobs over the next 6 months — and remote workers may be the first go to
Alarm sirens from the C-Suite about a looming recession are gaining volume in America and elsewhere, but calls back to the office for full-time work are a lot softer. Most CEOs across the globe shared...
Opinion: Stock markets will drop another 40% as a severe stagflationary debt crisis hits an overleveraged global economy
NEW YORK (Project Syndicate)—For a year now, I have argued that the increase in inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and that c...
Young people shouldn’t save for retirement, new research says
Most financial planners advise young people to start saving early — and often — for retirement so they can take advantage of the so-called eighth wonder of the world – the power of compound interest. ...
The Boss May Not Like It. But Millions of Workers Aren’t Coming Back to the Office.
Erin Li, a 29-year-old working for an advertising firm in Los Angeles, is looking for a new job that allows full-time remote work. Li is worried that her current employer will require her to work fro...
Enough, Bosses Say: This Fall, It Really Is Time to Get Back to the Office*
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401(k)s Shouldn’t Be Neglected When Switching Jobs. Here’s What to Consider.
Many workers changing jobs in the wake of the pandemic—whether it’s for more money, better advancement opportunities, or flexible scheduling—risk overlooking one important factor: their retirement sav...
Apple workers tell CEO Tim Cook: ‘We demand location-flexible work’
The self-styled solidarity group AppleTogether launched a petition Monday demanding a more flexible work policy in response to the company’s return-to-office mandate. “We demand that Apple allows each...
Opinion: Stop misreading the Fed: It’s not getting cold feet about wrestling inflation to the ground
The Federal Reserve isn’t as mysterious as it’s made out to be. It’s not hiding coded messages in its communications. It’s not using obscure metaphors that seem to say one thing but actually mean the ...
If Your Co-Workers Are ‘Quiet Quitting,’ Here’s What That Means
Not taking your job too seriously has a new name: quiet quitting. The phrase is generating millions of views on TikTok as some young professionals reject the idea of going above and beyond in their ca...
Job switchers saw a greater increase in salary than people who decided to stay put. Here’s what’s at stake.
It pays to look around. The number of job switchers reporting wage gains has expanded while the number of job stayers reporting wage gains actually contracted as inflation exacts its toll, according t...
All Jobs Businesses Cut in Pandemic Are Back, but Not Where They Were Lost
Private-sector payrolls exceeded prepandemic levels in June, taking just over two years to close a 21 million job gap that was created in the spring of 2020 and reshaping the labor market in the proce...
Gasoline Demand Is the Lowest in a Year. Blame Remote Work, Not Pump Prices.
Text size U.S. crude oil inventory levels still remain 5% below the five-year average for this time of year. Brandon Bell/Getty Images It isn’t just high oil prices, but Americans working from home th...
Office workers in San Francisco, Manhattan and Chicago are not returning to the office in significant numbers, research shows
Companies are trying to bring back employees into the office. Early data suggests that workers still aren’t that keen. According to a new report by Placer.ai, visits to office buildings have yet to ca...
Coinbase CEO Blasts Employee Petition Against Executives
Turmoil inside crypto exchange Coinbase Global Inc. has spilled out into the public. Co-founder and Chief Executive Brian Armstrong on Friday lashed out on Twitter against an employee petition to remo...
Citigroup Trader Went Through Several Alerts on ‘Fat Finger’ Trade
A Citigroup Inc. C -2.10% trader who sent European stock indexes into free fall last month was working from home and went through several alerts before his order went live, people familiar with the ma...
Elon Musk says workers should return to the office or quit. It’s a big gamble: ‘Tesla is kick-starting its own local Great Resignation’
Elon Musk is giving his employees an ultimatum. Tesla’s TSLA, -2.36% chief executive officer and founder responded Thursday to an apparent leaked email that called on employees to return to the offic...
‘Pretend to work somewhere else.’ Elon Musk reportedly tells Tesla staff working remotely is no longer an option.
“They should pretend to work somewhere else.” That was Tesla’s TSLA, -2.88% chief executive officer Elon Musk, responding to an apparent leaked email making the rounds that was addressed to the electr...
Bank of America is raising its hourly minimum wage to $22 — here’s how many people don’t even come close to pay like that
Bank of America workers are getting a pay bump at the end June when minimum wages climb to $22 as a part of the major bank’s longstanding plan to get its starting rate to $25 by 2025. It’s good news f...
The Great Resistance is here. Companies and employees are in a battle of wills over returning to the office.
Amy Faust Liggayu, 32, a market-research project manager based in Tinley Park, Ill., and mother of a 7-month-old son, never imagined she would have a life where she could spend five days a week with h...
‘The backlash to quiet quitting smacks of another attempt by the ruling class to get workers back under their thumbs:’ Am I wrong?
I have something to get off my chest. Please bear with me. We learned a lot from the (more than) two years of pandemic life. Among those lessons: 1. We can be really effective and productive working ...