United States – Page 16 – understand-culture

Pay raises are a joke

YouTube comments:

“The old man used to always tell me that being afraid to talk about money was a great way to not have any.”

“This is spot on. Went from $70k per year to $100k then to $115k then to $147k then $170k and now to $230k over the span of 10 years. If I had that stupid “quitters never win” mindset, I probably wouldn’t be making over $100k today. Oh, and did I mention that I have a history degree?”

“I work as an advanced practice nurse practitioner making 140K in a medium sized-city in Texas. I started nursing making 60K 8 years ago, never stayed with a company more than 2 years, and always left for hospitals that offered better pay. I had hospital admin ask me to stay for the ‘patients, friends and staff’ because they could not afford to pay me another raise. I had a new job within 2 weeks with a 10% salary increase – it took them nearly 2 years to fill the position I left behind. Those ‘friends, staff, and patients’ don’t contribute a single thing to my salary and they do not pay my bills – no thank you. Do not blindly think your organization cares about you, know your worth, and leave for the organizations that can afford to pay you what you are really worth.”

Two success stories

Warren Buffett shares two stories about women who started from nothing and sold their businesses to the legendary investor. This is one of the greatest speeches Mr. Buffett has ever delivered and he also gives really good advice to all entrepreneurs in the audience.

Warren E. Buffett is an American long-term investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over 100 billion dollars.

Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.

https://youtu.be/h89uOvUDVO4

10 best companies to work for if you want to advance

If you’re currently on the market for a job and looking for a role you can grow in, some companies may be better at cultivating their employeesthan others.

Data research company the Burning Glass Institute recently partnered with Harvard Business School and the Schultz Family Foundation to rank the 250 biggest U.S. public companies in terms of their investment in their workforce, a report entitled the American Opportunity Index.

“The index is designed to measure companies based upon the level of opportunity they create for their workers,” says Matt Sigelman, president of the Burning Glass Institute, adding that, “we are specifically focusing on the roles at the Fortune 250 that are open to people without a college degree.”

How to advance in a company

A small percentage of people in this world are lucky enough to be born rich. Even fewer manage to hit the lottery or somehow fall into large sums of cash. Generally speaking, the rest of us have to rely on good old-fashioned hard work if we want to get ahead. Unfortunately, not everyone who works hard will be rewarded for it. In addition to being dedicated and having the right skills, there are some important steps to take if you want to advance in an organization.

In your quest for professional promotion, the first stop should be your human resources or staffing department. Find out everything you can about the culture and values of your organization, so you can be sure you’re towing the company line. Equally important as you step onto the corporate ladder is having a strong sense of your own abilities and what you want to achieve.

Persistence

Jeff Bezos. Founder of Amazon. About the importance of remaining persistent.

How you get true job security

YouTube comments:

“I always thought after I graduated college and got my first job at corporate I thought finally got a job I could never lose. Boy was I wrong. I’ve seen some of the best coworkers I had get laid off because the company decided the department was no longer needed. You really need to take charge of your personal interests because no one else will.”

“You see, jobs are temporary, they come and they go. Your skills, personality and attitude stay. So smile, take a step forward, and do whatever you love. Thanks Matt! :)”

About his father being laid off from his “safe” desk job: “You can fail at what you don’t want, so why not take a chance on doing what you love?” – Commedian Jim Carrey

‘Shark Tank’: how to ask for a promotion

Shark Tank stars Barbara Corcoran and Robert Herjavec break down the best, and worst, times to ask for a promotion.

Job Security in an Insecure Time

2018. American workers struggle with massive layoffs and the stress of an unknown future.

YouTube comments:

“$70k + Benefits? YOU MAKE ENOUGH MONEY. How can you not survive on that? They expect a job for life where they never have to save or plan or invest or learn any new skills. And they say millenials are entitled?”

“The US needs a union revival. This is disgusting to watch.”

“I you’re making 70 grand a year, you should be saving at least 20 thousand a year, but Americans like to buy their toys and squander their money like there’s no tomorrow. Just do the math: 20 thou/year over 15 years that’s 300 thou, house paid off plus compounded interest. just saying.”

Don’t be a slave

Jordan Peterson on the dangers of meaningless jobs and the importance of pursuing what is meaningful in work and life.

YouTube comments:

“One day I said ‘I don’t want to follow his stupid rules’ to my boss’s boss speaking about my boss who was also in the room. This guy didn’t even follow his own rules because he knew they were stupid. He was not stupid and I knew that. It was a smart play by him to take me out (fire me) because I had a different way of thinking that didn’t suit his vision. I had enough money in the bank at the time to act naturally like this though.”

Features of German Employment Law

Relations between German employers and employees are extensively regulated under German labor and employment law. German labor and employment law is strongly biased in favour of employees and is probably best referred to as the “employee protection law”.