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- The interns earning $120 an hour đ€
The interns earning $120 an hour đ€
And a massive win for pregnant workers
Hey there! Hope you had a fabulous July 4th. Itâs been a while since weâve been in your inbox, and a lot has gone down. On todayâs agenda: a new labor law protecting pregnant workers, the internship paying $120 per hour (yes, really), and why Gen Z is âlive-quittingâ on social media. Ready? Letâs dive in. đââïž
1 Workers have quitting on their minds đ
35% of Gen Z workers are planning on changing jobs within the next 12 months, per a recent survey by PwC. đ The reason? A shift in the following values:
â Work-life balance: 44% of surveyed workers cited feeling overworked as a reason for finding a new job.
â High salary: With half of Gen Z and millennials living paycheck to paycheck, earning a high salary is a priority.
â Flexibility: 77% of Gen Z and 75% of millennials who WFH said theyâd reconsider if a job required them to work IRL.
Whether workers actually go through with it (hey, quitting is terrifying) is a different story.
P.S. If youâre looking for encouragement to tell your boss âitâs not me, itâs you,â there are people âlive quittingâ on TikTok who will show you youâre not alone.
2 Gen Z is eyeing Wall Street đ°
Did you know some Wall Street interns are earning up to $120 an hour this summer? đ€Ż The finance industry is paying the big bucks to attract and retain young talent, according to Bloomberg.
And Gen Z has taken notice. Two years ago, finance wasnât even in Gen Zâs top three desirable jobs. But a 2023 survey by the CFA found that with Gen Z now citing a âgood salaryâ as a critical component in the job search, finance is now the No. 1 preferred field to land a job in.
But what Wall Street gives in financial security, it takes in flexibility. The finance industry is notorious for long working hours and isnât exactly a fan of WFH.
3 Huge win for pregnant workers đ«
The Pregnant Workers Fairness Act took effect June 27 and itâs a big deal.
The details: Employers with 15 or more employees are expected to provide reasonable accommodation for pregnant workers, including workers with related medical conditions such as postpartum depression and fertility challenges.
Why it matters: Itâll increase womenâs labor force participation. Pregnant people wonât have to choose between their safety or a paycheckâcontributing to the U.S. economy and their families.
We love to see it. đ
Sponsored by Indeed
So, You Have an Employment GapâŠ
Whether you took a step back from your industry or wanted to try something new, taking a break from work is okay! With practical tips and real-life examples, Indeed is here to show you how to effectively explain employment gaps with confidence and ease.
Caroline Ta had two choices once she graduated from college:
Jump into a 9-to-5 đ§âđ»
Commit to her baking business đ
Caroline went for the latter, despite dealing with a lot of âwhat ifsâ and concern from worried family members. But for Caroline, baking wasnât just a hobbyâit was her calling.
Today, Caroline runs Sweets By Caroline in the DMV area. Weâre throwing it back to our inspiring interview with Caroline where she shares her entrepreneurial journey, what sheâs earning, and how to build a business from scratch (or should we say from flour, sugar, and butter đ§âđł).
10 tips to prevent work from consuming your life (we â€ïž setting boundaries).
Weâre digging Paul Millerdâs The Pathless Path, a book on rejecting traditional career paths.
Why a job that pays under $70K a year should be one interview, period.
See how this freelancer spends her $48K salary in NYC. đ
The Supreme Court just struck down President Bidenâs student debt relief plan. Hereâs how to prepare for the return of student loan payments.
Thanks for reading! This is your *gentle* reminder that if youâre still using your middle school email, itâs time to switchâup to 35% of recruiters see unprofessional email addresses as dealbreakers. Shoutout to Hannahâs old Hotmail address, treehugger96. Gone, but never forgotten.
See you next Tuesday!
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