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Saturday, September 14, 2024
JPMorgan just capped bankers’ work at 80 hours a week — but there’s still one big exception

JPMorgan just capped bankers’ work at 80 hours a week —...

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Two Wall Street banks are cracking down on young bankers' working hours, as the industry continues to grapple with a long-standing culture of overwork.On Wednesday, The Wall Street Journal reported that JPMorgan Chase plans to limit bankers' hours and that Bank of America is using a new tool to track their time on the job.JPMorgan will cap working…
An ex-Sony exec said laid-off employees should ‘go to the beach for a year’ or ‘drive an Uber’

An ex-Sony exec said laid-off employees should ‘go to the beach...

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Former Sony Computer Entertainment Europe president Chris Deering has a blunt message for recently laid-off game developers: They should "go to the beach for a year" or "drive an Uber" until the job market improves.Deering, who led Sony's European PlayStation division during the launch of the iconic game console and its successor, PlayStation 2, acknowledged…
I’ve applied to nearly 2,200 jobs and am ready to give up

I’ve applied to nearly 2,200 jobs and am ready to give...

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This as-told-to essay is based on an interview with Kevin Cash. Cash, who lives outside Portland, Oregon, has a background in business intelligence and working in semiconductor manufacturing facilities. Cash, 43, served in the Navy, is a member of the high-IQ society Mensa, and has five degrees, including an MBA. He's been looking for a…
I teach wealthy kids with special needs. Money can’t solve everything, but it can give them the education they need.

I teach wealthy kids with special needs. Money can’t solve everything,...

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This as-told-to essay is based on a conversation with Nathaniel Hannan, a travel tutor at Tutors International. It has been edited for length and clarity.At the end of my time at Oxford in 2004, I faced two very different job offers: a private equity position and a teaching job in Washington, D.C. I couldn't see…
After 9 rejections, she landed her dream job as a Singapore Airlines flight attendant. Six years later, she quit to open a hawker stall.

After 9 rejections, she landed her dream job as a Singapore...

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As a teenager, Cherry Tan knew she wanted to become a flight attendant.She mapped out a plan to fulfill that dream. At 19, she applied for a cabin crew position at Singapore Airlines. When she was rejected, she temporarily switched gears to pursue a bachelor's degree in hospitality business at the Singapore Institute of Technology. But…
A millennial woman who made nearly $250k secretly working 2 jobs says it helped her enter a relationship for the ‘right reasons’ — not financial security

A millennial woman who made nearly $250k secretly working 2 jobs...

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While she was making over $100,000 a year in a communications role, a significant amount of her paychecks was going to her student loans, medical debts, and car payment — leaving little left over for savings — the 37-year-old, who's based in California's Bay Area, told Business Insider via email.One day, a former coworker gave…
I’m happy I got laid off from Deloitte. The physical and mental toll wasn’t worth the paycheck.

I’m happy I got laid off from Deloitte. The physical and...

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This as-told-to conversation is based on a conversation with Cierra Desmaratti, a 25-year-old actuarial analyst from Miami. It's been edited for length and clarity.When I received a call from a Deloitte representative saying I'd landed a post-grad job as an actuarial analyst, I was ecstatic. It wasn't just the job; it was the safety that…
I attended a self-help retreat for top female executives — and ended up in tears

I attended a self-help retreat for top female executives — and...

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Erin, a performance coach for corporate executives, is standing at the front of a conference room at the Virgin Hotel in downtown Nashville. At 5 feet tall, she's tiny, blond, and freakishly fit. She's also, perhaps, the peppiest person I've ever met — the kind of energizer bunny perfect for rallying a yet-to-be-caffeinated audience at…
Calling in sick is now a lot more complicated

Calling in sick is now a lot more complicated

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Americans are well-known for being hard workers. The midday siestas and monthlong vacations so beloved in Europe don't cut it with bosses stateside.According to the US Bureau of Labor Statistics, nearly one in four US workers isn't entitled to a paid sick day. But despite their industrious reputation, there is evidence that the predominantly white-collar…
The plight of the girlboss

The plight of the girlboss

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Erin, a performance coach for corporate executives, is standing at the front of a conference room at the Virgin Hotel in downtown Nashville. At 5 feet tall, she's tiny, blond, and freakishly fit. She's also, perhaps, the peppiest person I've ever met — the kind of energizer bunny perfect for rallying a yet-to-be-caffeinated audience at…

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