Shark Tank stars Barbara Corcoran and Robert Herjavec break down the best, and worst, times to ask for a promotion.
Die at 25. Buried at 75.
YouTube comments:
“Being a truck driver…I get paid to go on road trips and listen to Rogan, other podcasts, and music all day.”
“Not in the warehouse world. No no no. If you tell your boss you got 3 hours of work done in 1 hour they will then dump everything on you. They will continue adding to your plate. You’ll get the opposite of fired. Youll get so burnt out and stressed that you quit.”
“Some people die at 25 and aren’t buried until 75.”
“The absolute worst thing in the world is knowing you can finish all of your tasks in one hour but you have to stretch it out over 8. Pure torture.”
USA – Rich vs Poor
Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is.
YouTube comments:
“Campaign finance reform is the solution. Until we elect people who arnt brought and paid for nothing will change.”
Death by Robot
The first recorded human death by robot was in 1979, when Robert Williams, a 25 year old Ford Motor assembly line worker, was slammed by a robot arm as he gathered parts in a storage facility. The incident occurred in Flat Rock, Michigan, and Williams’ family was awarded 10 million dollars in damages after the jury agreed that Williams’ death was the result of a lack of safety measures on the part of Ford Motor.
These days, robots have become fairly commonplace, and Microsoft co-founder Bill Gates believes that robots are likely to become the focus of the next technological frontier. With increasing advancements in the field of robotics, more and more Americans are becoming concerned about these machines. The two primary concerns are that the robots will replace the need for human workers and that robotic intelligence may exceed human intelligence.
Robot: a real or imaginary machine that is controlled by a computer and is often made to look like a human or animal; a machine that can do the work of a person and that works automatically or is controlled by a computer. First known use: 1922. The word “robot” comes from the Czech word for “forced labor.”
Shanghai … wait, what?
Referring again to this article in the New York Times about how a few major U.S. companies are handling the post-Covid work environment. With some employees returning full-time to the office. Others are working exlusively or almost excluisively from home. And many dividing their time between office and home.
“Though most evidence that remote workers are at a disadvantage is anecdotal, at least one study, led by researchers at Stanford University, suggests they are less likely to be promoted than their in-office peers. In the experiment researchers randomly assigned workers at a large travel agency in Shanghai to work remotely or in the office for nine months. Though the remote workers were 13 percent more productive, putting in more hours and making more calls per minute, they were promoted about half as often as their in-office peers.”
“They can get forgotten,” said Nicholas Bloom, a professor of economics at Stanford and one of the study’s authors.
But wait, what, Professor Bloom? That’s Shanghai. Those are Chinese. What does anecdotal evidence from China tell us about how Americans benefit or lose out if and when working remotely?
2022 Engineering Salary Statistics
What is an engineering degree worth? Year after year, engineering jobs are paid the highest average starting salary. According to the U.S. Bureau of Labor Statistics (BLS) engineers have a median annual wage of $100,640and the engineering field projects to have employment growth of 6 percent from 2020 to 2030—nearly 146,000 new jobs over the next decade.
Bet your bottom dollar
Is salary important to workers? Bet your bottom dollar it is.
“Employees will go where the money is. And where they’re treated respectfully and valued. But, mostly, it’s the money.”
When we asked those respondents to choose from a list of top reasons why they’re open to new opportunities, nearly two-thirds (63.4%) selected “I need to make more money”.
That’s more than double the next-most popular reason, which is “I need a fresh challenge” (24.6%).
Work flexibility (20.8%), meaningfulness in work (19.3%) and career advancement (also 19.3%) are other leading factors prompting the drive to explore new job opportunities. Still, those numbers pale in comparison to compensation.
Why I left my tech job
Tech jobs are known to have some of the most lavish benefits and perks, not to mention some of the highest salaries in the country. Still, that is not enough to keep some millennials from quitting. CNBC Make It spoke to several people who left their lucrative tech jobs to find out why they did it and what they are doing now.
YouTube comments:
“I am 50 years old working in the high tech industry, mentally tired and sick of the weekly 8 to 5 routine. Never got a proper day off even through the pandemic. Hats off to the millenials and GenZ that think differently and put more weight on LIVING rather than just WORKING.”
“As someone who used to work 80 hours a week, quitting my job to become a freelancer was the best thing I have ever done. Sure I still work a lot of hours and often close to 70-80 hrs a week, I feel like I am doing this for myself and not some corporation.”
“I worked a low paying tech job for six years and still felt the burn out. The problem is that tech is very fast paced and competition focused. You can barely keep up. Though I got promoted regularly, my higher ups told me the truth before they left, they said that I was severely underpaid based on my skills (essentially I branded myself a one stop shop for the marketing department as I am both technically knowledgeable, people oriented and strategic). I maxed out at $50K. So I decided to jump ship with little planned. Now I run a financial agency with my husband and we make $250K a year as entrepreneurs and we have the freedom to set our own lifestyle.”
“We don’t want perks. We want more money and we want autonomy. It’s simple.”
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.
Why Americans Are Moving to Germany for Work
Looking at how Germany and the USA treat types of “leave”, there is one universal truth: whereas Germany sees it as a basic human right, America sees it as a commercial bargaining chip… and the statistics in this video schocked us.
Looking at our contracts, our employment in Germany is so much more humane – with a work-culture that guarantees vacation time, maternity leave, sick leave, parental leave and more for all full-time workers.
YouTube comments:
“I think it is important to note that the benefits we enjoy in germany did not just fall from the heavens, but they are the results of many decades of struggle by the workers movement. Do not take these things for granted! Join the union and vote for worker-friendly parties.”
“Before every American now starts to look for a job in Germany, keep in mind, that this is not uniquely German. Nearly all European countries have similar regulations like Germany, sometimes a little less, sometimes even significantly better.”
“When I had my first baby, I was working in retail for a cosmetics company in Germany. They had to provide a chair and stretcher for me to sit/ lie down at all times. I wasn’t allowed to carry anything heavy and after 22 weeks of pregnancy wasn’t allowed to work standing up for more than 4 hours a day. At every doctor’s appointment, my OBGyn would ask me if I was still ok working or if they should give me a Beschäftigungsverbot (a kind of mandatory medical leave), which is fairly common in the last few months of pregnancy, especially for jobs that can be physically straining.”