All posts tagged: employees

5 Tiny Work Habits That Will Get Women Promoted Faster Than 99% Of Employees | Mitzi Bockmann

5 Tiny Work Habits That Will Get Women Promoted Faster Than 99% Of Employees | Mitzi Bockmann

A client recently asked me what was the most meaningful career success for women. She was a young woman in her mid-20s and just starting. I have had 30 years out in the work world and she wanted my insight. After some reflection, I realized that there are 5 kinds of career advice for women that I would advise any young woman to as she takes on the crazy world of career building. How to get ahead at work is by doing these. RELATED: A Personality Test That Reveals What Career Path You Should Take Here are 5 tiny work habits that will get women promoted faster: 1. Be self-aware The most important part of career success is to know who you are and what you want to do. Many of us just fall into jobs. Our parents encouraged us in one direction, and our friends in another. Or perhaps we decide to take a job just because it pays well. Sometimes we take a job thinking that it will be temporary while we figure out what we want to do. …

SpaceX Fined for “Near Amputation” of Employee’s Limb

SpaceX Fined for “Near Amputation” of Employee’s Limb

SpaceX worker says “safety can get overlooked.” Out on a Limb Labor inspectors have fined Elon Musk’s SpaceX for $3,600 after a worker suffered a “near amputation” of a foot at the company’s Redmond, Washington site, Reuters reports, which adds to the hundreds of reported injuries and safety violations under SpaceX’s belt. Other alarming incidents that have happened at the Elon Musk-led rocket maker include one death and an injured worker who remains in a coma after his skull was fractured. All told, SpaceX has been slapped with $50,836 in safety violation fines over the last several years, in addition to a pending lawsuit from the family of the comatose worker. The latest fine came as a result of Washington state labor inspectors visiting the Redmond facility in December after receiving complaints about lax safety standards, according to Reuters. The worker who almost got their limb severed was injured when a heavy “roll of material” fell on their foot. In damning testimony obtained by Reuters, the worker told inspectors that the material “had been deliberately …

Paramount Global lays off about 800 employees, a day after announcing record Super Bowl ratings

Paramount Global lays off about 800 employees, a day after announcing record Super Bowl ratings

Paramount Global is laying off hundreds of employees, just one day after the company announced CBS had record Super Bowl viewership, Chief Executive Officer Bob Bakish said Tuesday in an internal memo to employees. Paramount will lay off about 800 people, or an estimated 3% of its workforce, according to a person familiar with the matter. Paramount Global ended 2022 with about 24,500 full-time and part-time employees. Affected workers will be notified Tuesday, Bakish said in the note. “These adjustments will help enable us to build on our momentum and execute our strategic vision for the year ahead — and I firmly believe we have much to be excited about,” Bakish wrote in the note. Paramount shares fell about 4% in morning trading Tuesday. Deadline first reported the number of cuts in January. Paramount Global owns a variety of assets including CBS, Paramount Pictures, Pluto TV, Paramount+ and cable networks including Nickelodeon, BET and Comedy Central. The job cuts come as the media company considers merger and acquisition options. Paramount Global has held early merger talks with Skydance Media and …

African product, global market: Expensya employees cashed out M from 2023 acquisition

African product, global market: Expensya employees cashed out $10M from 2023 acquisition

What’s more rewarding for an angel investor than paper returns in a startup? An acquisition that turns those paper returns into a cash payout while still maintaining shares in the company. “The return after dilution was eight times my investment,” said Selma Ribica in an interview with TechCrunch recently. “I kept some stock of the new entity, but a big majority was cash.” Ribica currently serves as the general partner at First Circle Capital, a venture capital firm specializing in fintech SaaS, or fintech 2.0 as she terms it. She made her angel investment in Expensya, an expense management startup based in Tunis and Paris, which was acquired last June by the private equity firm Medius for a sum over $100 million, according to sources familiar with the deal. Only a few African or Africa-focused tech companies have been acquired for more than that amount: InstaDeep to BioNTech, Sendwave to WorldRemit, DPO Group to Network International and Paystack to Stripe. Like InstaDeep, the acquisition of Expensya underscores the potential of Africa-founded products to serve global …

Hotel Chain Forces Two Male Employees To Share A Bed On A Work Trip

Hotel Chain Forces Two Male Employees To Share A Bed On A Work Trip

A boss wrote into the subreddit r/hotels with a question about etiquette and recourse surrounding a mistake made by a big-name hotel that affected two of his employees while on a trip. The hotel chain made two employees share a bed during a work trip. The boss explained it all in the headline of his Reddit post: “Hilton made my employees share a king bed, (booked 2 queens).” Within the post, he shared that he took a few of his long-term employees on a “vacation/work event … at an all-inclusive resort, where the room booked was one of the premium rooms.” RELATED: You Can Tell How Much Your Job Respects You Based On The Way Your Boss Handles One Specific Problem “They are co-workers, and I don’t know how hotel employees would think this to be acceptable,” the boss complained, willfully ignoring that he organized the trip and, as their higher-up, deemed it okay for employees to share a room in the first place. Photo: stefanolunardi / Shutterstock “I found out after the fact, as the guys didn’t …

Hermes celebrates record profit with US,300 bonuses for 22,000 employees

Hermes celebrates record profit with US$4,300 bonuses for 22,000 employees

PARIS: French luxury giant Hermes posted on Friday (Feb 9) record annual sales and net profit, with plans to reward all employees worldwide with a bonus following strong growth in every region last year. The group reported a better-than-expected profit of €4.3 billion (US$4.6 billion), up 28 per cent from 2022, on sales that surged 16 per cent at current exchange rates to €13.4 billion. “In 2023, Hermes has once again cultivated its singularity and achieved an outstanding performance in all metiers (businesses) and across all regions against a high base,” executive chairman Axel Dumas said in an earning statement. The group said its 22,000 employees worldwide would get a €4,000 (US$4,300) bonus early this year as part of “its policy of sharing the fruits of growth with all those who contribute to it on a daily basis”. It will also propose an increase in dividends for shareholders. Shares in Hermes rose by more than four per cent to €2,618 in late morning deals at the Paris stock exchange, propelling the group above cosmetics giant …

70 NYCHA Employees Charged In Biggest Bribery Raid In Justice Department History

70 NYCHA Employees Charged In Biggest Bribery Raid In Justice Department History

Authored by Tom Ozimek via The Epoch Times, Prosecutors said Tuesday that 70 current and former employees of the New York City Housing Authority (NYCHA) face bribery and extortion charges in what officials say is the biggest number of such charges issued in a single day in the history of the U.S. Justice Department. The defendants are accused of demanding over $2 million in corrupt payments from contractors in exchange for awarding over $13 million worth of no-bid contracts, according to the Department of Justice (DOJ). Sixty-six of the 70 defendants were arrested on Tuesday morning in New York, Connecticut, and North Carolina. All of the accused were NYCHA employees at the time of the charged conduct, which took place at nearly a third of all NYCHA buildings in New York City. “These 70 defendants are accused of demanding kickbacks and bribes for access to no-bid contracts and lucrative, under-the-table deals,” said Ivan Arvelo, special agent in charge of the New York field office of Homeland Security Investigations (HSI), in a statement. Roughly one in …

5 Tiny Mistakes Even The Best Employees Make When Leaving A Job | Bridget Baisch

5 Tiny Mistakes Even The Best Employees Make When Leaving A Job | Bridget Baisch

You’ve done it! You’ve decided to resign from your current position. Cheers to you and your new awesome opportunity! When you figure out your reasons to leave a job, here come the tough parts: giving your notice and working through your remaining weeks with confidence and grace. So easy! For some, maybe it’s easy but if a soap opera plays nonstop in your head the moment you accept the new gig, then I have some tidbits on how to quit a job that you’ll find helpful. Here are 5 tiny mistakes even the best employees make when leaving a job: 1. Don’t give a long (or short) notice Do your research and give an appropriate notice for your role. We all understand why giving too short of a notice is not recommended and I’m here to tell you that going the other way isn’t a smart move either. It’s not about what the organization/team “deserves” either as revenge or as a gift. If you have a lot of responsibilities and are a caring person, it’s understandable that you’d …

How Elon Musk’s Twitter Ultimatum Brought Employees to Their Breaking Point: “People Were Emotionally a Wreck”

How Elon Musk’s Twitter Ultimatum Brought Employees to Their Breaking Point: “People Were Emotionally a Wreck”

The targeted firings of talented engineers tanked employee morale. Randall Lin worried the dour mood would impact people’s work. He decided to fly to New York with his long-distance girlfriend, Alex, an OnlyFans star who lived in the Midwest, to check on two of his colleagues in person. “People were emotionally a wreck,” Lin said. He paid for the flight and hotel himself. Lin spent the week ping-ponging between late-night dinners with Alex and coworking marathons with his colleagues, where he did his best to give them a sense of direction and mission. Sure, the CEO was unpredictable, and yes, the recent firings had sucked. But those who remained had a chance to make history, building a super app alongside the CEO of SpaceX. It was worth it. Then, on November 16, Lin woke up to see a new email from Musk with the subject line: “A Fork in the Road.” Going forward, to build a breakthrough Twitter 2.0 and succeed in an increasingly competitive world, we will need to be extremely hardcore. This will …