Gen Z has been fast-tracking their way up the career ladder by job-hopping. But the shortcut to bigger paychecks and snazzy job titles has lost its edge. Now, staying loyal pays virtually just as much as jumping ship. Workers who stayed put at their jobs received a 4.6% wage bump in January and February, while those who switched gigs only received a marginally higher increase of 4.8%, according to new data from the Atlanta Fed. Read more: https://lnkd.in/enkTnwrV
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Employees at Fortune
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Victoria Slivkoff
Extreme Tech Challenge | Walden Catalyst Ventures | Deep Tech
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Mallun Yen
Founder of Operator Collective, a venture firm and community of founders and operator LPs
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Chris Morris
Contributing Writer at Fortune Magazine (and Fortune.com), Nasdaq.com, Fast Company, AARP and more.
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Updates
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Amid the rise of more hybrid and remote roles, talk of a four-day workweek, and the potential of AI to shake up entire industries, work in America is undergoing profound changes in the 2020s. Some employees—and their employers—think it’s also time to change how and when people retire. Of course, retirement in the U.S. isn’t a monolith—some work until age 65 before leaving for golf courses and world cruises, while many others never fully retire at all. Others are set on leaving the traditional work world as soon as possible, entering high-paying but stressful fields so they can sock away money and then quit in their 50s—or even earlier. Read more: https://lnkd.in/e9gbV_AV
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"No major military campaign can succeed without air superiority." https://trib.al/YxhDBLC
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When Nikelle Inman started a new job coaching first-generation college students, she looked forward to meeting with them one-on-one to talk about how to surmount obstacles and find resources to succeed. Instead, she and her fellow success coaches at a community college in North Carolina spent a year mired in paperwork, tasked with reviewing applications from aspiring undergraduates. They never did get to meet with students. “Admissions work kind of took over what we were supposed to do,” Inman, 34, said. “I felt disengaged with the position, more so because I just didn’t feel valued.” Read more: https://lnkd.in/e9kxUECz
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“Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes,” the Peter G. Peterson Foundation warned. https://trib.al/hXiApXO
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“I don’t change. But the word flexibility is an important word,” Trump said. “Sometimes it’s flexibility. So there’ll be flexibility, but basically it’s reciprocal.” https://trib.al/7nr7Iq3
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Sonya Mishra was reading through a list of the most powerful people in business when she came across a troubling pattern. Most of the men on the list, like Elon Musk and Mark Zuckberberg, were defined by their roles building businesses and accumulating vast wealth, Sonya Mishra, an assistant professor of management at Dartmouth’s Tuck School of Business, tells Fortune. But the women on the list were mostly celebrities, and even though they had their own businesses, they were known primarily for their work in other fields like sports or entertainment. “I started thinking about why it is that women are reaching these high status positions, but not breaking into these high power positions,” says Mishra. “And that’s when I started to wonder what role men play in this trend.” Read more: https://lnkd.in/ebRzZXrM
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"Consumers have been generally confident that they will remain employed and that their compensation is safe—but more recently, even that safety has been called into question." https://trib.al/IvPNp5Q
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Dan Levi knows a thing or two about finding his way around an airport. As executive vice president and chief marketing officer at Clear Channel Outdoor—the largest airport advertising company in the country, with a presence in more than 55 commercial airports nationwide—Levi applies his 38 years of experience in media and advertising to helping bring digital innovation to out-of-home (OOH) campaigns. During his nearly 10-year career at Clear Channel, he has spearheaded the company’s mission to be first to market in the OOH sector, with game-changing planning and measurement solutions going back to 2016. The company reaches 130 million Americans weekly with some 70,000 roadside and airport displays in more than 65 markets, and saw revenue in its airports segment jump 16% in 2024, on the back of record-breaking passenger volumes through U.S. airports last year. Read more: https://lnkd.in/eu2kVz_Q
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Booking Holdings (NASDAQ: BKNG) CEO Glenn Fogel reflects on his early experiences navigating the world before smartphones, how AI is revolutionizing trip planning, and why personalization is key to the industry's evolution with Fortune's Diane Brady and Kristin Stoller. Listen to the #LeadershipNext podcast here: https://trib.al/RmZXVlL