Birmingham Airport Authority hiring for 60 positions

Birmingham-Shuttlesworth International Airport has more than 60 job openings......»»

Category: topSource: bizjournalsMay 24th, 2021

Saturday links: craving silence

On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check... AutosDriving is the most dangerous thing most Americans do every day. What can be done to reduce traffic fatalities? ( sustainable car needs to be designed from the ground up. ( the Arcimoto FUV the future of mobility? ( is a 'diminished value claim'? ( New Orleans lost power for so long post-Hurricane Ida. (’s president Xi Jinping has pledged to end the financing of new coal power plants overseas. ('Fire weather,' i.e. hot, dry and windy, is on the rise in the West. ( keep moving into fire-prone areas. ( are particularly effective at eliminating wildfire risks. ( risk is coming for banks. ( the Northern hemisphere Summer is getting longer. ('s going to get more expensive to insure coastal real estate. ( can pull carbon from the atmosphere, the question is one of scaling. ( biggest toilet paper brands are made from pulp from virgin forests. ( the Mississippi River Delta is sinking. ( a new microdrip irrigation system could change farming. ( has not been great for trash generation. ( does Colossal want to re-introduce woolly mammoths into the Arctic? ( fishing is a global Ponzi scheme. ( flares are an ongoing risk for humanity. ( soon-to-be launched James Webb Space Telescope will be 100 times as powerful as the Hubble. ( scientists believe that a large airburst destroyed Tall el-Hammam, a Middle Bronze Age city. ( date that humans populated the Americas keeps getting pushed back. ( may have found the oldest case of archaic human art. ( travelThe FAA is struggling to keep up with all the new stuff in the sky. ( U.S. is set to lift the travel ban for vaccinated flyers from the EU and UK. ( the major U.S. airlines stand on vaccine mandates for employees. ('s next for airport screening? ( parks are looking for ways to keep crowds in check. ( is kicking Airbnb ($ABNB), and other short term rentals, out. ( case for having a laptop separate from work. ( security features in Apple ($AAPL) iOS 15. ( constitutes a psychologically rich life? ( we all feel so tired all the time. ( careHow the pandemic is causing nurses to reassess their career choice. ( home staff shortages are at crisis levels. ( the prospects for a vaccine for poison ivy. ( poop is loaded with microplastics. ( have the Dutch people stopped growing taller? ( ($PTON) is pushing to get its machines in public spaces like hotels and gyms. ( your workout burns fewer calories than you think. ( dogs are available at some airports for travelers and workers. ( dogs are also a thing on college campuses. ( startup, Loyal, wants to improve the healthspan and lifespan in dogs. ('s the purpose of a dog's dewclaw? ( ($AMZN) is a force for marijuana legalization. ( legal marijuana business is on a hiring spree. ( students are using marijuana more and drinking less. ( restaurateurs are using the pandemic as an opportunity to restructure how they do business, including wages. ( up cultured meat production is going to difficult and expensive. ( to elite MBA programs have leveled off. ( MBA gender pay gap is slowly closing. ( on Abnormal ReturnsCoronavirus links: flu season. ( you missed in our Friday linkfest. ( links: the future of finance. ( you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. ( mediaLuxury brands are offering customers expert, in-house repair services. ( songwriters get such a small cut of music revenues. ( dining rooms have been repurposed in pandemic. (»»

Category: blogSource: abnormalreturnsSep 25th, 2021

How much junior bankers are getting paid at 14 Wall Street firms after a frenzy of salary hikes

Base pay for first-year investment banking analysts is now at least $100,000. First-year associates can get paid as much as $200,000, with Lazard leading the pack. Here's the latest investment banker pay by level at different Wall Street banks. Samantha Lee/Insider Many Wall Street firms are raising base pay for junior investment bankers. The going rate for first-year analyst base pay is now at least $100,000 at many banks. Here's a rundown of salaries at different levels across investment banking. Wall Street investment banks are competing to keep talent by raising pay. Some banks are also going on big recruiting pushes to staff up amid busy M&A and IPO activity - though headhunters say the hiring pool is nearly tapped out for junior talent. The going rate for base pay for first-year investment banking analysts is now at least $100,000 across many firms. Evercore has bumped base comp to $120,000 for first-year analysts.Higher levels are likewise seeing big hikes. Lazard is raising base pay for first and second-year associates to a whopping $200,000 and $225,000. Those raises will go into effect Oct. 14 and be retroactive to July 1.Some firms are also raising pay outside of just IB. Goldman Sachs has raised salaries for first-year analysts and some second-year analysts in markets, wealth, and research. And Bank of America's latest pay raises applied to analysts in global corporate and investment banking, global markets, and global research.And a second wave of pay hikes has emerged, with firms including Morgan Stanley telling staff about further bumps to pay that will go into effect in January 2022. Trying to keep up with the latest on pay for junior bankers on Wall Street? Here's a bank-by-bank breakdown of changes in salaries for analysts, associates, and other levels at firms like Bank of America, Goldman Sachs, JPMorgan, Morgan Stanley, and more.Bank of AmericaBank of America announced a second round of pay increases for junior investment bankers that will go into effect in the coming months.The firm is bumping salaries for analysts in global corporate and investment banking, global markets, and global research divisions, according to an internal memo sent by the bank's global banking and markets leadership team and reviewed by Insider.See all the pay details here.CitigroupAnalysts, associates, and vice presidents in Citigroup's banking, capital markets, and advisory division received base salary increases.The raises will be reflected in payments starting in August, according to an internal announcement first reported by Insider on July 2. Tyler Dickson and Manuel Falcó, co-heads of Citi's BCMA group, sent the memo, which was reviewed by Insider.Keep reading here.Credit SuisseThe firm raised salaries for people in the global capital-markets and advisory group at the director level and below, which includes vice presidents, associates, and analysts. Salary raises took effect for directors, vice presidents, and associates as early as April.See the full story here. EvercoreEvercore bumped its base compensation for junior bankers to make it among the top-paying investment banks for first- and second-year analysts. The firm is also bumping base comp for first through fourth-year associates, Insider has learned.More on the latest pay here.Goldman Sachs Goldman Sachs is bumping pay for investment banking analysts and associates, Insider first reported on August 1. The move came months after the firm's culture regarding junior bankers first came under scrutiny this spring.The firm later moved to raise salaries for first-years in markets, wealth, and research.Read the latest here. Guggenheim SecuritiesGuggenheim Securities, a division of the financial-services firm Guggenheim Partners, has raised base compensation for investment-bank analysts for a second time in a matter of months.Read the full story here. JPMorganWall Street's biggest bank is rolling out pay bumps for junior workers in its investment bank, sources familiar with the situation told Insider on June 28. More on JPMorgan raises here.LazardLazard is raising base pay for first and second, and third-year associates. These raises will go into effect Oct. 14 and be retroactive to July 1,It previously raised first-year analyst salaries to $100,000; second-years to $110,000, and third-years to $110,000. Those changed went into effect as of the Aug. 13 payroll, retroactive as of July 1.Keep reading here.Morgan StanleyMorgan Stanley is set to raise salaries for its junior traders and research analysts, as well as raising base compensation for junior investment bankers for a second time, Insider has learned.More on Morgan Stanley pay here. RBC Capital MarketsRBC raised analyst and associate base pay. The raises impacted US employees and went into effect in June.See the full story here. Raymond JamesThe firm is increasing base compensation for first-, second-, and third-year investment-bank analysts, according to an email sent by James Bunn, Raymond James' president of global equities and investment banking. The raises will take effect on Oct. 1. While Bunn said in his email that the pay bumps should put Raymond James at the "high end of analyst salaries on the Street," junior bankers may not end up taking home more total pay than before.See all the details here. UBSThe bank is raising salaries for analysts, associates, and directors within its investment bank, two people familiar with the matter told Insider on July 21. The raises were effective Aug. 1. And analysts, associates, and directors across all regions are eligible for the raise.Read the full story here. Wells Fargo Wells Fargo raised base comp for analysts and associates in its corporate and investment bank, a Wells Fargo spokesperson confirmed to Insider. These raises are retroactive to July 1. "We can confirm the adjustment of base pay in certain client-facing positions across the Corporate and Investment Bank, which ensures we remain competitive and aligned with market practices," the spokesperson said. "We are committed to offering compensation that attracts, motivates, and retains talent."See more here.William BlairWilliam Blair is raising base salaries for bankers from first-year analysts to managing directors. The raises went into effect in the Aug. 15 payroll cycle. A person familiar with the matter told Insider that the raises apply to the firm's investment bankers globally.William Blair executives earlier this year told its investment-banking analysts, associates, and vice presidents who joined the firm before Jan. 31 they would receive "a special, one-time spot bonus" in the amount of $20,000. More recent hires got smaller bonuses. The special bonuses hit accounts in the April 15 payroll cycle.Keep reading here. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 25th, 2021

Before They Were An Inconvenience, But Now The Shortages Are Really Beginning To Sting

Before They Were An Inconvenience, But Now The Shortages Are Really Beginning To Sting Authored by Michael Snyder via, Have you noticed that store shelves are starting to get emptier and emptier?  During the panic shopping that was sparked by the start of the COVID pandemic in 2020, there were very intense shortages of certain items, but those shortages did not last very long at all.  But now there are widespread shortages in just about every sector of our economy, and they are starting to become quite painful.  Unfortunately, we are being told to expect the shortages to intensify as we head into the holiday season.  That is extremely alarming, because in many areas the shortages are already quite severe. I had been away from the news for a couple of days, and when I came back there were lots more stories about our ongoing shortages.  For example, the following comes from an excellent piece by Matt Stoller… There are shortages in everything from ocean shipping containers to chlorine tablets to railroad capacity to black pipe (the piping that houses wires inside buildings) to spicy chicken breasts to specialized plastic bags necessary for making vaccines. Moreover, prices for all sorts of items, from housing to food, are changing in weird ways. Beef, for instance, is at near record highs for consumers, but cattle ranchers are getting paid much less than they used to for their cows. In my entire life, I have never seen anything like this. Even the Federal Reserve is admitting that we have a major problem at this point.  In fact, in the latest Beige Book the Fed referred to the shortages a whopping 80 times. In certain parts of the country, these shortages are really beginning to sting.  A reader just emailed me about what is going on in his section of Connecticut, and he said that I could share this with all of you… I am just a regular guy in Connecticut, who has been watching things very closely, especially from a Biblical perspective. I wanted to quickly share with you an experience my wife and I had about two weeks ago at a medium-size, family run grocery store near Waterbury, CT. Seemingly overnight, we noticed there were little yellow signs on the shelves, where certain SKUs used to be. Not entire lines, but individual SKUs. For example, a flavor of oatmeal, certain cereals, etc. The signs said something to the effect of: “This item is no longer available due to supply chain constraints”. I would say there were a few hundred signs in total throughout the store. It wasn’t until we got to the juice/water aisle that we noticed the larger problem: there was no Gatorade (?) and no bottled water (gallon jugs). I have befriended the manager over the years, so I asked him where the water is, and he told me “…they only will give us so many bottles”. I asked who ‘they’ is, and he said the manufacturer: they were being rationed. As he said this, a truck driver happened to walk by and joined in on the conversation. He told us that he just got back from Maine, after a three-day trip- a trip that normally takes him a few hours. He said he, and all of the other truck drivers, sit at the warehouses for days, waiting for their trucks to be filled. To be clear, I asked him how long it normally takes, and he said a few hours at the most. On our way out, I remembered that we needed dog food, so we went to the pet aisle, and there was no cat litter, and no dog food, save a few little bags of the cheapest stuff. All of the things Steve Quayle has been saying about food and water shortages suddenly became reality. I always believed him, but now I was seeing it, at the very local level. We then decided to go to PetSmart to get the dog food. Empty. The entire dog food shelf was empty except for a few bags! Are similar things happening in your part of the country? If so, please feel free to email me and let me know. We need to share intel with one another, because the mainstream media is not telling us the truth. Of course the shortages would not be as severe if we could actually unload all of the container ships that are backlogged at our ports.  Right now, dozens of container ships are sitting along the west coast waiting to be unloaded… The number of container ships at anchor or drifting in San Pedro Bay off the ports of Los Angeles and Long Beach has blown through all previous records. The latest peak: There were an all-time-high 73 container ships in the queue in San Pedro Bay on Sunday, according to the Marine Exchange of Southern California (the tally inched back to 69 on Tuesday). Of the ships offshore Sunday, 36 were forced to drift because anchorages were full. Theoretically, the numbers — already surreally high — could go even higher than this. While designated anchorages are limited, the space for ships to safely drift offshore is not. This is the same problem that I talked about the other day. At one time we had more able-bodied workers than we knew what to do with, but now there is an extreme shortage of workers all over the globe. Sadly, it has gotten to a point where we don’t even have enough people to drive our kids to school… School districts around the country are struggling to fill thousands of bus driver positions as worker shortages lead to late arrivals and last-minute scrambles to bring retired workers back onto payrolls. The shortages are so bad in some places that districts are taking extraordinary steps to get kids to school as students return to in-person classes this fall. Philadelphia’s school district will pay families $300 a month, or $3,000 for the year, to opt out of transportation services and get their kids to school on their own. Albemarle County Public Schools in Virginia is offering a $2,500 bonus to new drivers — $100 more than the school district in the county seat, Charlottesville, is offering. This is the worst labor shortage that the U.S. has ever faced, and it just keeps getting worse. So where did all the people go? Without enough able-bodied workers, our economy is experiencing a whole host of difficulties right now.  And when you consider everything else that has been going on, it shouldn’t be a surprise that Joe Biden’s approval rating just sunk to a new record low… Eight months after President Joe Biden’s inauguration, his job approval rating has fallen six percentage points to 43%, the lowest of his presidency. For the first time, a majority, 53%, now disapproves of Biden’s performance. These findings are from a Sept. 1-17 Gallup poll that was conducted after the U.S. military evacuated more than 120,000 people from Afghanistan. The United States’ exit from the nation’s longest war was marred by the Taliban’s quick takeover of most of the country and a suicide bombing at the airport in Kabul, which killed 13 U.S. service members. Over the same period, COVID-19 infection rates, nationally, were surging, leading to hospital overflows in some regions. And there are some parts of the nation where his approval rating is absolutely disastrous.  Just check out the latest numbers from Iowa… Just 31% of Iowans approved of how Joe Biden is handling his duties as president while a whopping 62% disapprove. Biden’s disapproval number is below the lowest ever measured by ace pollster J. Ann Selzer for former presidents Donald Trump (35%) and Barack Obama (36%). “This is a bad poll for Joe Biden, and it’s playing out in everything that he touches right now,” Selzer told the Des Moines Register. Less than a year ago, a lot of Americans were viewing Biden as some sort of a “savior” figure. That didn’t exactly work out, did it? Many of us have been warning that shortages and high levels of inflation were coming for a very long time, but of course most of the population is not interested in such warnings. They just want to be told that everything is going to be okay. But the truth is that everything is not going to be okay, and the pain that we have experienced so far is just the beginning. *  *  * It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon. Tyler Durden Fri, 09/24/2021 - 15:20.....»»

Category: blogSource: zerohedgeSep 24th, 2021

Southwest Airlines" next CEO said an application to work at Whataburger was stapled to his food bag: "That"s what it"s come to"

Incoming Southwest CEO Robert Jordan described it as a "symbol of the job market that we live in here - there's so much competition." Eric Gay/AP Incoming Southwest CEO Robert Jordan said a job application was stapled to his Whataburger bag. It shows just how tight the labor market has become, he said during the Skift Global Forum. Southwest plans to hire 13,000 new employees through 2022, but it's struggling to get applicants. See more stories on Insider's business page. A hiring crisis is hitting businesses across the nation, and it's affecting everyone from Southwest Airlines' incoming CEO to the staff at his local Whataburger. Robert Jordan, who will take the helm of Southwest early next year, discussed the nation's labor shortage during an interview at the Skift Global Forum on Thursday. In order to fill vacant positions, many businesses have resorted to new tactics, like being more upfront about how much the job pays or urging workers under 14 to apply. Others are trying something a little more unusual. Jordan described visiting a Dallas-area Whataburger drive-thru, a Texas-based hamburger chain. When he was handed his bag of food, he realized there was something stapled to it: a job application. "They are stapling a job application to the sack of food that every single person coming through the drive-thru gets and you go:'That's what it's come to,'" Jordan said. "It has become, to me, sort of the symbol of the job market that we live in here - there's so much competition."A spokesperson for Whataburger did not respond to Insider's request for comment on its hiring tactics.But much like that Dallas Whataburger, Southwest is having trouble attracting applicants, Jordan said. Southwest is hiring 5,000 new employees this fall and another 8,000 in 2022, but the applications haven't been flooding in - while Southwest used to receive around 43 applications per opening, it's getting only about 14 at the moment, he said."The constraints have always been, can we get aircraft, can we get facilities, can we get gates," he said. "I've never experienced a time when the constraint is, can we get employees."Southwest and Whataburger aren't alone in their struggle to find employees. A labor crisis nationwide has led to burn-out among current employees who have to take on extra work and companies losing money because they don't have enough workers to perform standard tasks. While some companies blame a lack of desire to work for the shortage, workers say they don't need to take jobs with low pay when the market is this competitive.Economists say there's a combination of issues that have led to the shortage, Insider's Juliana Kaplan reported. A skills gap combined with a reliance among employers on hiring software means that workers are being filtered out if they don't, for example, have a four-year degree. And pandemic-induced migration means that big cities like New York are having a harder time hiring workers in the service industry.Plus, expectations have changed: Workers are refusing to settle for low pay - or roles that could put their health and safety at risk. Expanded Coverage Module: what-is-the-labor-shortage-and-how-long-will-it-lastRead the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 24th, 2021

Of the 4,385 reported incidents of air rage this year, only one person has been criminally charged

Interfering with flight crews is a Federal crime, but criminal charges against unruly passengers have been extremely rare. Flight attendants they have gotten sick less due to pandemic-era cleaning protocols. Kent Nishimura / Los Angeles Times via Getty Images The FAA has received 4,385 reports of unruly passengers and opened 789 investigations this year. Of those, only one case has had criminal charges filed by the Department of Justice. Arline workers told Congress the lack of criminal enforcement puts public safety at risk. See more stories on Insider's business page. In a year with record levels of conflict aboard commercial airlines, the US Federal Aviation Administration has posted some shocking numbers: 4,385 reports of unruly passengers; 789 investigations; 162 enforcement cases; $1.1 million in fines.But there's one number that lags noticeably behind the rest: criminal charges for passengers who have assaulted flight crews or otherwise interfered with their duties.As a civil authority, the FAA cannot criminally charge anyone, so criminal cases in aviation are the purview of the FBI and the Department of Justice.To say there is a hitch in the enforcement process would be an understatement.So far, after thousands of reports and hundreds of in-flight incident investigations this year alone, the only person to be charged is Vyvianna Quinonez, who was filmed in May punching a flight attendant in the face as a Southwest flight approached San Diego.According to a complaint filed earlier this month in US District Court in San Diego, Quinonez was also charged with interfering with flight crew members and attendants. Quinonez reportedly told law enforcement at the time of her arrest that she was acting in self defense.Federal aviation regulations allow the FAA to impose fines of up to $35,000, but the criminal penalties - up to 20 years in prison if convicted of interfering with the operation of an aircraft - require the DOJ to prosecute a case. A DOJ spokesperson did not immediately respond to a request for comment.Sara Nelson, International President of the Association of Flight Attendants, told the House Subcommittee on Aviation that members of her union are frustrated by the lack of meaningful penalties when they try to enforce the rules in the air."We tell them [passengers] that it is a federal offense to not comply with crew member instructions," Nelson quoted one member as saying. "Then the plane is met by airline supervisors or airport law enforcement and the passenger gets a slap on the wrist and sent on their way."Nelson called the numbers "staggering" and predicted that there would be more incidents in 2021 than in the entire history of commercial aviation if trends continue.For its part, the FAA has taken steps to escalate the severity of consequences for bad behavior in-flight under a zero-tolerance policy Administrator Steve Dickson rolled out earlier this year. Under the new policy, counseling and warnings are off the table - all passengers found guilty of unruly behavior will be fined.But getting the criminal side of the equation to work requires even greater coordination of public, private, state, local, and federal departments than has been happening so far. In an open letter to airport leaders, Dickson begged for greater cooperation from local law enforcement to lay the groundwork for cases that the DOJ can use."Every week, we see situations in which law enforcement was asked to meet an aircraft at the gate following an unruly passenger incident," he wrote. "Many of these passengers were interviewed by local police and released without criminal charges of any kind.""When this occurs, we miss a key opportunity to hold unruly passengers accountable for their unacceptable and dangerous behavior," he added.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 24th, 2021

Ready to invest in Bitcoin? Here are 4 steps to get started

Here's everything you need to know about how to invest in bitcoin, from choosing an exchange and crypto wallet, to picking the right trading strategy. There are a variety of ways to invest in bitcoin, even if you aren't a professional day trader or regularly play the currency markets. Alyssa Powell/Insider Table of Contents: Masthead Sticky Bitcoin investing involves choosing an exchange, verifying your identity, and withdrawing to a wallet. Investing in bitcoin is risky since it's a volatile and speculative asset. Experts recommend using a buy-and-hold strategy when buying bitcoin, in order to average out rises and falls. Visit Insider's Investing Reference library for more stories. More than a decade into its existence, Bitcoin doesn't seem to be going away. The cryptocurrency has attracted good and bad headlines as it's worked its way through multiple peaks over the years, and despite a reputation for volatility, it continues to attract new investors with its promise of market-beating returns.Here's what to know about investing in Bitcoin.What to know about Bitcoin Bitcoin is a cryptocurrency. This means it's a form of electronic money that secures and validates transactions via the use of cryptography. In Bitcoin's case, people and organizations known as "miners" use computing hardware to calculate a code - known as a "hash" - that encrypts the data contained in transactions. This data is collected into "blocks," which are linked together in a blockchain that cannot, in theory, be changed once written.On an economic level, Bitcoin's creator - the pseudonymous Satoshi Nakamoto - created it in 2008 as a form of "sound money," akin to digital gold."What makes Bitcoin so special is that it has a finite supply of 21 million coins, with only a couple million left to be mined," explains Edward Moya, chief market strategist at OANDA's MarketPulse. "Simple supply and demand for Bitcoin is the main reason why prices have skyrocketed over the past year."Despite having a fixed maximum supply, Bitcoin has shown remarkable volatility throughout most of its life with major fluctuations in its price.Such swings make Bitcoin a highly speculative asset, one that should be considered only by traders willing to stomach a fair amount of risk. That said, at least some analysts suspect that its volatility will gradually decline over time, as its market grows and reduces its destabilizing reliance on leverage.Step 1: Choose a crypto exchange For most people, the best place to buy Bitcoin is on a crypto exchange. These are online platforms dedicated to facilitating trades in cryptocurrency, usually by offering trading pairs (e.g., USD to Bitcoin) and usually by matching buyers with sellers.In the US, the leading crypto exchange by volume and customer base is Coinbase. That said, other reputable - and regulated - crypto-exchanges include Kraken, Gemini, eToro, and inexperienced traders may wish to try a more general trading platform such as Robinhood. These have the benefit of being more user-friendly than the average crypto exchange, although their major downside is that many don't let users withdraw their bitcoin.Quick tip: New investors should check the fees charged by exchanges, since these can vary quite widely. They should also check for the minimum account balance required by their chosen platform, since certain exchanges impose a minimum. Others also set minimums for account deposits via bank transfer.Step 2: Choose a payment methodExchanges also vary in terms of the payment methods they support. Most major platforms do offer the option of linking your bank account for wire and ACH transfers, as well as the option of linking a debit card. Some also let you pay via PayPal, with Coinbase also supporting Apple Pay.Quick tip: Most bank transfer deposit options incur no fees. Nonetheless, certain special services (e.g., FedWire via Silvergate or Synapse) may require a small charge (e.g., $1 or $5), while using PayPal to deposit money into your exchange incurs a 2.5% charge with Coinbase, for instance.Regardless of the option you choose, you will have to verify your identity when first signing up for an account and registering a payment method. In the US, you're usually required to submit a scan of a state-issued ID, such as a driver's license or identification card.Depending on where you are and on your chosen platform, you may also be required to provide scans of additional documentation (such as your passport), as well as being asked to submit a proof of address.Step 3: Place your order Once you're verified and have deposited cash into your account, you can then begin buying Bitcoin. This process varies according to the exchange you use, with some exchanges offering a process that simply involves clicking a Buy or Sell button and then specifying how much Bitcoin you want to buy (or sell).In general, most crypto exchanges offer at least three basic order types:Market order: the option to choose if you simply want to buy Bitcoin at its current price. This type of order is usually completed in a matter of seconds, depending on the time of day.Stop order: an order where you specify the price at which you will buy or sell Bitcoin. This type is good if you want to make sure you sell Bitcoin before it falls too sharply. This type of order can take some time to execute, depending on how quickly the market moves.Limit order: instructs the exchange to execute a buy or sell order at a specific price or better. In contrast to stop orders, limit orders are visible to the market and can take longer to fill.Again, executing any one of these options usually involves clicking a Buy, Trade, or New order button on an exchange's home screen. You'll then be able to choose from the above three (and more advanced) options, before clicking a Submit button or something equivalent.Quick tip: All exchanges will let you buy a fraction of a bitcoin (BTC). So while the price of 1 BTC may seem prohibitively expensive right now, you will be able to choose to buy 0.1 BTC, 0.01 BTC or whatever else you type into the exchange's interface.How to buy Bitcoin with PayPalPayPal has enabled its US-based customers to buy Bitcoin (and other cryptocurrencies) since October 2020. But before you can purchase Bitcoin, you'll have to agree to their terms and conditions and then set up a PayPal Balance account first. From the home screen, click the button that looks like a bar graph. Jasmine Suarez/Insider Click Bitcoin. PayPal also offers the option to buy Ethereum, Litecoin, and Bitcoin Cash. Jasmine Suarez/Insider Scroll down and select how much you'd like to purchase. Then click Buy. PayPal provides preset amounts of Bitcoin you can purchase. Jasmine Suarez/Insider Quick tip: When you press the Buy button for the first time, you'll have to prove your identity (if you haven't done so on PayPal already). This involves providing your name, physical address, date of birth, and taxpayer identification number, and may also include submitting a copy of your ID and showing proof of address.Step 4: Store your crypto in a safe place While bigger exchanges are becoming safer, hacks and fraud remain a big problem for the industry. This is why investors with significant sums in Bitcoin are advised to consider storing their cryptocurrency themselves."Experienced traders that are very good with cybersecurity might prefer to own their wallets, as this gives you the ability to move your cryptocurrencies whenever you want to and not be subject to an exchange. The saying 'Not your keys, not your coins' was popular last year, as many exchanges got hacked or shut down," says Moya.This means transferring your Bitcoin from the exchange you use to your own cryptocurrency wallet. Such wallets come in two forms:Cold wallets: also known as hardware wallets, these are small devices that store your Bitcoin address' private key, which is necessary to transfer Bitcoin out of the address. They do not connect to the internet and are therefore considered safer than online, software-based alternatives.Hot wallets: also known as software wallets, these are apps that can be used through your phone, desktop computer, or web browser. They also store the private key of your Bitcoin address, but because they do connect to the internet, they aren't considered quite as safe as hardware/cold wallets.Software wallets aren't quite as secure as hardware wallets, but the leading varieties do still offer a range of security features, such as two-factor authentication and compatibility with hardware wallets.Selling bitcoin While many traders turn to Bitcoin in the hope of making big money fast, pretty much every analyst advocates a long-term, buy-and-hold strategy. This is largely because holding for a longer period of time tends to average out gains and losses, providing a greater probability of a significant positive return by the time you sell your Bitcoin."In my opinion, it is better to buy and hold, perhaps allocating a small portion of your portfolio to cryptocurrencies, focusing on the ones typically held by institutional investors, such as Bitcoin and Ethereum at the moment," says Nikolaos Panigirtzoglou, an analyst at JPMorgan Chase & Co.Likewise, many analysts also recommend adopting a dollar-cost-averaging (DCA) strategy, largely because this is another way of averaging out peaks and troughs."The best strategy for newcomers would be to [trade] Bitcoin on the DCA approach [...] you'll just buy a tiny bit on a monthly or weekly basis, not looking at the price movements at all," says Michaël van de Poppe, the CEO and founder of cryptocurrency consultancy, Eight.However, Moya warns that even with a long-term hold strategy, new traders are generally advised to enter the world of Bitcoin investing with the mindset that they could lose most of their money. "A new investor should only apply a very low, single-digit percentage of their trading portfolio to cryptocurrencies. Despite the many bullish calls for Bitcoin or Ethereum, massive plunges have happened in minutes. New investors may want to consider buying and holding a basket of cryptocurrencies, with an approach of scaling into positions," he says.A longer-term approach is also beneficial from a tax perspective, since Bitcoin is classified as property in the US, and therefore liable to capital gains tax when sold. Quick tip: You'll have to pay capital gains tax if you sell bitcoin after holding it for more than one year. But if you hold for less than a year, your gains are taxed as ordinary income. Investors with an annual income of $40,000 or less pay no capital gains tax on Bitcoin profits, whereas those in the next bracket pay 15%.The financial takeawayBitcoin is an interesting and exciting technological innovation, representing a form of decentralized electronic money that doesn't require a central authority (such as the Federal Reserve) to operate. It's also exciting from an investment perspective, with its high annual returns (in most years) making it one of the best-performing assets of the past decade, even if its volatility means it has suffered more than a few dramatic falls.While investing in Bitcoin may seem complicated, starting off is as simple as picking a reputable exchange and setting up an account. Once you've verified your identity and deposited some money, you're then good to go, with most exchanges offering a range of order types in addition to the ability to simply buy Bitcoin.When you've acquired a significant sum of Bitcoin, most experts recommend withdrawing it to your own cold (i.e., hardware) wallet. They also recommend a buy-and-hold strategy, so that you can iron out market dips and also avoid having your profits taxed as ordinary income.A bitcoin IRA lets you profit from the cryptocurrency's potential gains in a tax-advantaged wayAltcoins are the alternative digital currencies to bitcoin - here's what they are and how they workWhat is Ethereum? What to know before investingWhat to know about non-fungible tokens (NFTs) - unique digital assets built on blockchain technologyRead the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 23rd, 2021

Holiday hiring wars: Amazon, Walmart, UPS, and FedEx face off in a race to staff more than 335,000 workers in a brutally tight labor market

Insider spoke to four supply chain experts to gauge what employers are up against in terms of the ongoing supply chain labor shortage. Companies are struggling to fill supply chain roles. Amazon; DHL; UPS; FedEx; Walmart; Samantha Lee/Insider Large companies are planning to hire thousands of supply chain workers for the holiday season. But in an ongoing labor crunch, it's uncertain if any will meet their goals. Insider spoke with four supply chain experts about what's next for the space. See more stories on Insider's business page. Facing the swiftly approaching holiday season, companies are throwing massive job events, touting pay hikes, and embracing the gig economy to staff up in critical supply chain roles.Amazon said it plans to hire 125,000 new warehouse and transportation employees. Walmart declared that it will onboard 20,000 new permanent supply chain workers. FedEx recently touted 90,000 open positions. UPS said it intends to hire over 100,000 workers for the holidays.The pressure is on, as these companies and many others face one of the toughest hiring seasons for the supply chain on record, experts say."This is an ongoing labor shortage," Dan Johnston, founder and CEO of logistics solutions provider WorkStep. "It's no secret that with the continued boom of e-commerce and the continued growth of the supply chain sector, as well as some structural labor challenges, that there is significantly more demand for talent in this space than there is supply."High turnover makes hiring even harderThe pandemic changed how many people work and shop. As online shopping soared, so did the strain on the entire supply chain, from fulfilment centers and warehouses to retailers that served as a pick-up stop for online purchases. Workers at every level felt the impact, especially in jobs where employee retention is already difficult."It's always hard to get people to really commit to warehouse work," Maggie Barnett, COO of logistics provider ShipHero, told Insider. "There's a lot of turnover."Amazon, which employs nearly 1.3 million full-time and part-time workers globally, has struggled with high worker turnover of about 150% every year, the New York Times reported. An Amazon employee scans packages in Staten Island. Brendan McDermid/Reuters Some companies hoped to see an uptick in job applications after expanded federal unemployment benefits ended in early September."There had been a narrative that as unemployment benefits lapsed, we would see a change in behavior with workers re-entering the workforce," Mathieu Stevenson, CEO of hourly work online marketplace Snagajob, told Insider. "We are not seeing that."Stevenson said that blue collar workers are especially impacted by lack of affordable childcare options and uncertainty around school openings, which keeps them "sitting on the sidelines of the workforce" despite a record number of 10.1 million job openings in July.Employers need to focus on retentionMany employers have focused on attracting new hires with financial incentives and other perks. Experts say they should focus instead on keeping current employees engaged and happy. "When I talk to my network, the main thing is not just money," Barnett, the logistics executive, said. "They're getting creative around offering childcare for free, or at a greatly reduced rate. They're doing meal plans at a discounted rate."Hiring bonuses can be more of a "brute force hammer," effective for snagging short-term hires but not for long-term retention, Johnston explained. A UPS worker moves boxes in Los Angeles. Lucy Nicholson/File Photo/Reuters "The most sustainable strategy is that investment in workforce satisfaction and growth potential, and how that translates into the ability for a company to deliver the same number of goods while requiring less new hires," he said. "The more you retain, the fewer new hires you need overall. The more you retain, the higher the average productivity per worker."Supply chain is one area of hourly work where frontline workers can graduate into "more specialized, more highly compensated roles," Johnston said. To strengthen retention, managers should foster strong relationships with their reports and show them what their career path could look like, he said. He cited Amazon and Walmart as two companies that seem to understand this problem, given their employee educational benefits that allow workers to adopt new skills. A truck belonging to Walmart's fleet. George Frey/Getty Experts say that even a simple culture shift where workers are treated like essential and valued employees, rather than an amorphous mass of expendable labor, could help employers with retention."We all depend on these folks," Barnett said. "During COVID, thank goodness everyone that went into the warehouses did what they did so that we could all have our luxuries. It should be rewarded and it should be noticed."Workers are after 'the sweetest deal'The current tight labor market within supply chain is a challenge for all businesses. But it will weigh more heavily on certain employers than others."Small businesses cannot afford to pay what Walmart or Amazon would be able to pay," Dr. P.K. Kannan, the Dean's Chair in marketing science at the University of Maryland Robert H. Smith School of Business, told Insider. "They will try to pay and hang onto the workers they have, but that workforce would come under tremendous pressure."Most companies will fall short of their hiring goals, Johnston and Stevenson said, and some may struggle just to stay on top of turnover. "These folks are going to jump around until they get the sweetest deal," Barnett said.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 23rd, 2021

Chick-Fil-A removed from plans for an upcoming Kansas City airport wing after opposition from LGBTQ commission

Vantage Airport Group scrubbed Chick-Fil-A from its list of proposed restaurants "to promote an inclusive environment," a spokesperson told Fox News. People walk past Chick-fil-A in New York City. Alexi Rosenfeld/Getty Images Chick-Fil-A was cut from a list of restaurants proposed for Kansas City's planned airport terminal. The news comes after the city's LGBTQ commission urged the city council to act. Chick-Fil-A has previously donated to charities known for opposing LGBTQ rights. See more stories on Insider's business page. Plans to open a Chick-Fil-A store at an upcoming wing of Kansas City International Airport have been canned, following opposition from the city's official LGBTQ commission, local news sites KSHB and KCUR first reported.The city's LGBTQ commission sent a letter to Kansas City Council on on Monday, urging officials not to open a Chick-Fil-A restaurant in the new airport wing. It cited the company's links to groups known for opposing LGBTQ rights.Vantage Airport Group, the company recommended by the city's aviation authority to run services at the upcoming terminal, scrubbed Chick-Fil-A from its list of proposed restaurants "to promote an inclusive environment," a spokesperson for Vantage told Fox News."We heard and respect the strong community reaction to the proposed Chick-Fil-A participation in the program. We have collectively made the decision to remove this brand from our concessions plan for the new terminal at KCI. Vantage strives to promote an inclusive environment at all our airports," the group told Fox News.Insider contacted both Vantage and Chick-Fil-A for comment but did not immediately receive a response.Chick-Fil-A has come under attack over its donations in the past. As Insider's Kate Taylor previously reported, prior to 2012 Chick-fil-A made significant donations to socially conservative and Christian organizations known for opposing LGBTQ rights through its WinShape Foundation.In 2012, facing backlash after now-CEO Dan Cathy said that he was against same-sex marriage, the company said it would stop most of these donations.But in the years that followed, it continued to face pressure from activists over other donations, including to the Salvation Army and the Fellowship of Christian Athletes. Both organizations have been criticized for their historical opposition to same-sex marriage.In November 2019, Chick-Fil-A said it would cut donations to these charities too.In July, its CEO, Cathy, came under fresh scrutiny over personal donations to the National Christian Charitable Foundation (NCF). The Daily Beast reported that the NCF was bankrolling organizations fighting against the Equality Act - legislation that would make it illegal to discriminate against LGBTQ people.At the time, Insider's Kate Taylor reported that the company itself had not donated to the NCF in more than a decade. Chick-Fil-A declined to comment on the report around Cathy, however.Read the original article on Business Insider.....»»

Category: worldSource: nytSep 23rd, 2021

A California school district is putting "now hiring" flyers in students" lunch boxes to help fill 200 job openings during a staff shortage, a report says

The school district, in the Mojave Desert, hopes the flyers will get to parents and help it fill more than 200 job openings. A California school district is sending students home with "now hiring" flyers, AP reported. Jon Cherry/Getty Images A short-staffed school district is giving students "now hiring" flyers to take home, AP reported. Staff in the California school district are packing the flyers into students' lunch boxes, per the report. The district has more than 200 job openings. Other US school districts are struggling for staff too. See more stories on Insider's business page. A school district in California is packing students' lunch boxes with "now hiring" flyers for them to take home to their parents as it struggles with a shortage of staff, AP reported on Thursday.The Morongo Unified School District, in the Mojave Desert, has more than 200 job openings for custodians, cafeteria workers, special education assistants, and other roles, Mike Ghelber, the district's assistant superintendent of human resources, told AP.Some US schools say they're scrambling for staff because of a labor shortage. The pandemic led many staff to quit, while others that test positive for COVID-19 have to isolate. Teachers told Insider they've had to work long hours under a lot of pressure since March 2020.In addition to the flyers, the California school district has advertised the positions on the radio, on social media, and in newspapers, AP reported."We're all competing for a shrinking piece of the pie," Ghelber told AP. "I don't know if everybody is getting snatched up, or if they don't want to teach in the COVID era, but it's like the well has dried up."Staff in the Morongo Unified School District, which has 8,000 students, are carrying out tasks that are not part of their normal job, according to Ghelber."Principals and administrators are out being crossing guards. Secretaries are directing traffic because we're short on supervisors," Ghelber told AP.Teachers told Insider in August that they were worried about stepping back into the classroom. Some said they often worked until the early hours of the morning, and had considered quitting teaching for a job in a restaurant. Some schools have handed teachers bonuses as a thank you for working during the pandemic. Georgia offered $1,000 to all K-12 public school-level staff including teachers, nurses, and admin staff in March. A school district in South Carolina has paid $2,500 retention bonuses to teachers who are set to stay in the job for the full 2021-22 academic year.Expanded Coverage Module: what-is-the-labor-shortage-and-how-long-will-it-lastRead the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 23rd, 2021

The labor shortage is actually 3 mismatches between workers and employers

The Delta wave has kept the labor shortage going into the fall. There are three unresolved "mismatches" between what workers and companies want. A man hands his resume to an employer at the 25th annual Central Florida Employment Council Job Fair at the Central Florida Fairgrounds. Paul Hennessy/SOPA Images/LightRocket/Getty Images Reports of a labor shortage persist, even as unemployment benefits ended and the US continues to reopen. Some of the driving factors behind the labor shortage remain mismatches across the economy. Available workers might not fit open jobs, or want more from work. They also may have just moved. See more stories on Insider's business page. A Family Dollar briefly closed in Nebraska after its whole staff quit over high turnover and low wages. A coffee shop owner in Iowa raised wages to $15 to lure in workers. A burger chain owner says restaurants are in a bidding war for workers.It seems like every day there's yet another story about the effects the persistent labor shortage is having on businesses.Ending federal unemployment benefits hasn't seemed to plug it up yet, Bloomberg reports. In fact, letting those benefits lapse may actually deal a large blow to consumer spending and incomes, according to a report from the left-leaning Economic Policy Institute.There are three major disconnects that define this mystery around open jobs, and why people aren't filling them. Economists call these "mismatches," and they've been driving labor crunches for months, as Insider reported in July. None seems to have faded yet.(1) There's still a skills mismatch - and higher-skilled workers might be filtered outIn June, the right-leaning Chamber of Commerce sounded the alarm on a skills gap, arguing for the need to invest in job-training programs and to equip applicants with the skills needed to fill open roles.In an August note, economists at Morgan Stanley led by Ellen Zentner wrote: "Differences in skills and qualifications limit the extent to which workers can easily transition to high-demand industries, leading to a mismatch of labor supply and demand."However, there's another wrinkle: The Wall Street Journal reported that employers are increasingly leaning on hiring software that filters out applicants based on words that may or may not appear on their resumes. But those keywords might filter out someone with tangentially related skills, and keep out someone looking to job switch.Erica Groshen, senior economics advisor at the Cornell University School of Industrial and Labor Relations, told Insider that many employers may also be filtering out applicants who don't have four-year degrees."This is a real problem for the labor market, because less than half of US workers have a college degree, it's not changing rapidly," Groshen said. "And yet we have many, many workers who were very productive at previous jobs, who have learned a lot of skills on those jobs."(2) People are moving and leaving open jobsWhile big cities like New York and San Francisco may be on the rebound, people did move around within metro areas - and many don't want to start commuting again. In fact, they're making big investments in homes without factoring in commute time as much as pre-pandemic.And "exurbs," rural areas and small towns outside of big-city suburbs, have risen in popularity during the pandemic; the cities people have moved to have more professional roles that need filling, according to Morgan Stanley. Meanwhile, the big cities - which are now seeing red-hot housing prices - need service workers. Those economists say migration might need to settle down before the geographic mismatch ends. They also warned that, after the 2008 financial crisis, "regional misallocation of labor was one of the reasons that employment was slow to recover."(3) Workers have higher expectations and want more than what's availableFor four months now, workers have been quitting at record rates. Even leisure and hospitality, the sector largely leading the recovery, is seeing workers leave en masse and push up wages as employers get more eager to lure them back. In a survey of 1,800 unemployed job seekers by FlexJobs, 48% of respondents said they were frustrated with the search because they weren't finding the right positions - and many were only finding openings for low-wage roles. With the Delta variant still pummeling the US, taking a job now isn't just about pay or benefits (although both are compelling workers). It's also a health and a childcare consideration - will the job offset childcare costs, or be flexible enough when school closes due to an outbreak?As Rep. Alexandria Ocasio-Cortez wrote on Twitter: "Would you sign up for a job to get attacked by unvaccinated tourists for $15/hr? For no healthcare but max risk? Most wouldn't."Expanded Coverage Module: what-is-the-labor-shortage-and-how-long-will-it-lastRead the original article on Business Insider.....»»

Category: worldSource: nytSep 22nd, 2021

Macy"s (M) Braces for the Holiday Season, Unveils Hiring Plans

Macy's (M) will hire 76,000 full- and part-time employees across stores, call centers, distribution facilities and fulfillment centers. With the holiday season approaching, retailers are up and about with their hiring plans. The customary hiring practice for the festive season has swinged in early this year, thanks to tight labor market conditions. Macy's, Inc. M is the latest to join the list of retailers prepping for the additional staff support needed for the holiday season to meet consumers’ demand. The company unveiled plans to hire 76,000 full- and part-time job employees, offering competitive packages and bonuses. It is offering both temporary and permanent openings. Let’s take a closer look at the company’s hiring plans.Ramping Up Staff Strength for Holiday SeasonThe holiday season is traditionally characterized with high demand as consumers shop for gifting purposes as well as for themselves, making use of attractive deals and offers that retailers provide at this time of the year. The requirement for extra employee strength becomes crucial for several big-box retailers in order to manage high consumer traffic — across the digital and brick-and-mortar platforms — as well as to ensure smooth flow of merchandise and delivery services.This year, Macy's will be hiring nearly 76,000 full- and part-time employees across Bloomingdale’s, Bluemercury and Macy’s stores as well as its call centers, distribution facilities and fulfillment centers. The company stated that approximately 48,000 of these new job roles are for the holiday season, while the rest are permanent opportunities to join the company on a part- or full-time basis for the holidays and beyond.Macy's national hiring event will be held on Sep 23, 2021, across more than 500 stores. The hiring process will be carried out both online as well as via walk-ins. The hiring event is an opportunity for the company’s colleagues to earn a referral bonus of up to $500 for every friend or family member they recruit to join Macy’s. They also have an opportunity to earn additional income through various programs, such as the weekend bonus program and Path to Growth Incentive.The company will hire 21,200 employees for its fulfillment centers, including warehouse colleagues and forklift drivers. These workers are expected to play an important role in fulfilling demand online as well as the mobile app through tasks like receiving, sorting, picking, packing and shipping. The company will employ 50,000 Macy’s, 4,100 Bloomingdale and 315 Bluemercury staff for a variety of store roles. They will play a critical role in providing a satisfactory shopping experience. A majority of these roles are for the sales and experience team along with the merchandising and operations units. The opportunities range from entry-level to executive roles for candidates with a variety of skills and interests.Apart from these, the company will hire 300 employees for the Macy’s Credit and Customer Service (MCCS) to boost digital and in-store shopping experience as well as manage relationships with omnichannel and credit cardholder customers. It is also providing more than 200 technology-based jobs in its Johns Creek campus in the suburbs of Atlanta as the company expands its focus on improving omnichannel shopping experience and evolving its technology platforms as part of the Polaris strategyMacy’s hiring plans indicate that the company is focusing on boosting operations across the digital and physical facets, and thereby provide superior omnichannel experience to customers. The company is known for offering competitive pay and other benefits, a bilingual work environment as well as access to flexible schedules that allows employees to choose regular and optional overtime shifts.Image Source: Zacks Investment ResearchHiring Plans of Other Retailers This Holiday SeasonIn preparedness for the upcoming holiday sales, supermarket biggie — Walmart Inc. WMT — announced plans to appoint 20,000 new workers at more than 250 distribution centers, fulfillment centers and transportation offices. These job roles will be permanent and will be offered in part-time and full-time options. Kohl's Corporation KSS intends to recruit nearly 90,000 seasonal workers for several roles at its stores, distribution centers and e-commerce fulfilment centers.Ollies Bargain Outlet Holdings, Inc. OLLI announced plans to recruit more than 3,000 associates for full-time, part-time, seasonal and leadership positions across its 400 plus retail locations as well as three distribution centers. Other retailers who have unveiled hiring plans for this holiday season are DICK’S Sporting Goods and FLOWERS.COM and few others.As the holiday season accounts for a significant chunk of revenues, retailers are resorting to every effort to make the most of it, starting with prudent hiring plans. All said, we expect that Macy’s hiring efforts are likely to keep it well prepared for the upcoming seasonal rush and offer seamless shopping experience to customers.Shares of this Zacks Rank #1 (Strong Buy) company have gained 15% in the past three months compared with the industry’s rise of 3.7%.You can see the complete list of today’s Zacks #1 Rank stocks here. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Macys, Inc. (M): Free Stock Analysis Report Kohls Corporation (KSS): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report Ollies Bargain Outlet Holdings, Inc. (OLLI): Free Stock Analysis Report To read this article on click here. Zacks Investment Research.....»»

Category: topSource: zacksSep 22nd, 2021

Amazon Presses On U.S. Government To Legalize Marijuana

Amazon Inc (NASDAQ:AMZN) has urged the U.S. government to legalize marijuana, as the e-commerce giant is prompting Congress to pass a federal law to decriminalize its use. With this, the company intends to ease the employee screening process amid the labor shortage. Q2 2021 hedge fund letters, conferences and more Marijuana Screening According to CBC […] Amazon Inc (NASDAQ:AMZN) has urged the U.S. government to legalize marijuana, as the e-commerce giant is prompting Congress to pass a federal law to decriminalize its use. With this, the company intends to ease the employee screening process amid the labor shortage. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Walter Schloss Series in PDF Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q2 2021 hedge fund letters, conferences and more Marijuana Screening According to CBC News, Amazon is pursuing the legalization of marijuana, as “screening job applicants for cannabis makes it hard for the company, the nation's second-biggest private employer, to expand its workforce.” Beth Galetti, Amazon's senior vice president of human resources, wrote on the company’s blog on Tuesday: “We strongly believe the time has come to reform the nation's cannabis policy, and we are committed to helping lead the effort.” “Today's status quo is unfair and untenable,” she added, as retailers are facing difficulties to come up with cannabis rules for workers due to inconsistencies between local statutes and the federal law. The e-commerce giant reported that conducting interviews and tests with future employees could be reduced by up to 30% due to the application of marijuana detection tests. As a result, Amazon announced in June that it would stop conducting marijuana toxicology screenings on those who apply to work for the company. Other Interests Amazon is the second-largest private employer in the U.S. after Walmart (NYSE:WMT). The e-commerce firm is changing its hiring policy, as states continue to legalize the use of marijuana and change the laws that prohibit employers to carry out cannabis tests. “Pre-employment marijuana testing disproportionately impacts people of color and acts as a barrier to employment," Galetti wrote. "We've found that eliminating pre-employment testing for cannabis allows us to expand our applicant pool.” Still, Amazon conducts toxicological tests on workers for other drugs and carries out "impairment checks." The company also said that some positions in the company may require a cannabis test according to Department of Transportation guidelines. However, another compelling reason for Amazon and other big companies to push for cannabis legalization through pressure on the federal government is the business potential. It is estimated that the legal marijuana products industry could reach $100 billion annually by 2030. This market generates more than 300,000 full-time jobs, a figure that even exceeds the number of dentists in the U.S. Amazon and Walmart are part of the Entrepreneur Index, which tracks 60 of the largest publicly traded companies managed by their founders or their founders’ families. Updated on Sep 22, 2021, 9:28 am (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkSep 22nd, 2021

8 entry-level jobs in tech that don"t require a STEM degree

Yanira Guzmán, who pivoted to tech from education, says positions in creative strategy and customer support are a good way to get started. Certain STEM related career paths, such as customer success manager, can help you enter the tech industry with little or no experience. Ngampol Thongsai/EyeEm/Getty Images Not all jobs in the tech industry require a STEM background for entry-level candidates. Tech companies also need employees for social media management and customer service positions. Depending on the role, creative and analytical skills can be just as important as technical proficiency. See more stories on Insider's business page. Tech is an ever-changing field responsible for many of the newest innovations we use every day - making it an exciting industry to work in. And even though people often assume that entering the tech industry as an entry-level candidate requires a STEM (science, technology, engineering, and mathematics) degree or strong computer coding skills, that's not the case.Although STEM degrees are highly valued for certain roles within tech, technology companies typically also have plenty of jobs that don't require a computer science major or strong technical background. For example, finance, sales, marketing, and recruitment are just some of the departments at tech companies that hire people without STEM backgrounds. In short, there's a range of entry-level roles in tech for people with all kinds of skill sets.I pivoted from the education industry into tech with a non-STEM degree myself. And as a career coach, I help my clients position themselves for their next roles - many of which are entry-level roles in tech. So I've had a chance to see which jobs are particularly promising for recent grads and other candidates with zero to three years of experience.Here are just some of the entry-level roles in tech that I've seen people enter with technical and other backgrounds.1. Customer success manager (CSM) Average salary: $69,829Customer success managers (CSMs) ensure that a service sold by a tech company (typically software as a service, or SaaS) runs smoothly throughout implementation. Working closely with sales representatives, a CSM comes into play toward the end of the sales process. Upon closing the sale, the sales representative typically makes a warm introduction between the customer and the CSM, who becomes the main point of contact between the customer and the company."A CSM is proactive," said Joshua Encarnacion, a leadership development expert and former talent leader for three tech-industry startups. "They influence the behavior of the customer. They make sure the onboarding happens by nurturing them, ensuring the customer is satisfied," and ultimately prevent any problems from developing.A CSM must have strong communication and presentation skills since they spend much of their time engaging with customers and communicating customer feedback to their company's product team. These are common transferable skills you likely learned during college courses or in an internship or part-time job. In addition, CSMs utilize project management skills throughout the length of a client's contract. A CSM role can lead into other roles in customer care such as customer service team lead, or, ultimately, vice president of customer experience. Or you might decide to pursue other roles in tech such as product manager or marketing strategist.2. Help desk support technicianAverage salary: $41,686Help desk support technicians and membership experience support associates work with customers to troubleshoot and/or resolve issues with their company's technologies. Unlike the CSM role, these roles are reactive - they respond when a customer reaches out with a specific problem. Individuals in these roles must be familiar with hardware, software, and network configuration. They must also be able to document the steps they took throughout the resolution process.In addition to the aforementioned technical skills, people in these jobs need to possess interpersonal skills that allow them to pick up on customers' emotions (albeit virtually or over the phone), respond to their problems quickly with a calm demeanor, and, if needed, de-escalate tense situations. Member experience associate or help desk support roles may feed into information technology (IT) roles such as systems administrator, network administrator, or head of IT, or into customer experience roles like customer service manager or account manager.3. Technical consultantAverage salary: $76,522Consultants advise others on their areas of expertise. Although most consultant jobs are not entry-level roles, many tech companies offer 24-month consultant rotational training programs for recent university graduates. Engineering or computer science graduates tend to serve as technical consultants (a.k.a., customer engineers) directly working with customers as technical advisors or subject matter experts (SMEs) in a specific technology, said Jose Luis Niño de Guzman, a university recruiter for a Seattle-based tech company.Technical consultants must demonstrate "adaptability, collaboration, [and] the ability to overcome obstacles," Niño de Guzman said. They can choose to continue their career path as consultants or they'll be well set up to move into other fields such as sales or product development.4. Social media strategistAverage salary: $53,534Social media strategists conceptualize, organize, and manage the social media presence of a company. Within the last decade, social media platforms (e.g., Twitter, Facebook, Snapchat, Instagram, TikTok, LinkedIn, and Pinterest) have grown tremendously. Each platform has its own purpose, feel, rules of engagement, and target audience, and most tech companies want to have a social presence across many or all of them. Therefore, social media strategists must not only know how each platform and its algorithms work and how to read its analytics, but also understand how to create content that is meaningful for its respective user base.Social media strategists need to be creative. Depending on the specific role, they may also need analytical skills, writing skills, and possibly even design skills. They must also stay up-to-date on social media trends and figure out ways to increase engagement. Those who've held entry-level social media roles can grow into social media managers, more generalized marketing managers, digital marketing leads, or digital marketing directors, or pursue a number of other careers in marketing.5. Web developerAverage salary: $60,287Web developers code, build, and update websites for companies. They fall into three categories: front end, back end, or full stack. A front-end developer works on the interface of a website - i.e., what the user sees. A back-end developer works on the programming a user can't see that makes a website function - i.e., what's "under the hood." And a full-stack developer works on both the front end and the back end of a website. Regardless of which role you choose, as a web developer you should know how to code and be knowledgeable in HTML, Java, C++, or other web development coding languages.To come in as an entry-level web developer, you should have a portfolio of websites that you've created or worked on. You should be able not only to show what you've already accomplished, but also to explain why you chose specific techniques and how you decided on a course of action based on the goals you wanted to achieve with the site. Web developer jobs can eventually lead to senior developer, technology director, or chief technology officer roles.6. Talent acquisition coordinatorAverage salary: $49,369Talent acquisition coordinators assist recruiters in finding promising prospects (a.k.a., candidates) for open roles within their company and ensuring they have a great experience throughout the recruiting process. They're responsible for scheduling interviews and following up with prospective candidates, for example. Tech companies need talent acquisition coordinators because they, like all companies, want to find the best possible candidates for every job.Talent acquisition coordinators must demonstrate strong communication and organizational skills along with the ability to work with hiring managers and others across multiple departments so they can understand how to best fill a variety of roles. Familiarity with sourcing programs (e.g., LinkedIn, ZipRecruiter, Indeed) is a plus, but they can often be learned on the job.The key differentiator that sets a strong talent acquisition coordinator apart is the ability to put themselves in a prospect's shoes. For instance, a talent acquisition coordinator should be able to tell a recruiter, "Hey, this candidate hasn't heard from us in three days and they're waiting for a response. Can I go ahead and send them this email?" Companies don't want to lose strong prospects because they feel like they've been "ghosted" -i.e., the company took too long to respond or didn't reach back out at all.As a result of the robust project management, project tracking, coordinating, and customer-facing skills talent acquisition coordinators develop, they have several options in furthering their career. They may continue within talent and recruitment, move toward other human resources or learning and development roles, or pivot to another role in tech.7. Software developerAverage salary: $72,619Software developers (sometimes called software engineers) write computer code to build new programs or features or solve problems with existing software. They generally fall into the same three categories as web developers (front end, back end, and full stack).Software developers must have a background in computer science or coding. Knowing the coding language or languages used in the role they're seeking - such as Python, Java, JavaScript, CSS, or SQL - is a plus (though if you're proficient in one language, it's usually easy to pick up another). When building teams, Encarnacion looks for software developers who can solve problems in a mathematical way and are able to explain their thought process and reasoning."Nobody writes a product on their own; it's done in a team," Encarnacion said. So a software developer needs to be able to effectively collaborate and communicate the "why" of their coding actions to their team members.As their careers progress, software developers can choose the management track and become product or engineering managers, product or engineering directors, and VPs of product or engineering. Or they can choose the technical track and move into positions like architect or technical fellow where they're thinking more broadly about how products are built and which technologies are best to use.8. UX designerAverage salary: $74,776A UX (user experience) designer figures out the visual component of a piece of technology - i.e., they design what the user will see and interact with. UX designers collaborate with both customers and their own colleagues to ensure that any products or services their company develops work well and are user friendly.In addition to using their creativity and design skills to imagine the look and feel of a product or feature, UX designers facilitate user groups and document their thoughts, feelings, words, and behaviors in relation to a specific problem that the tech company is trying to solve. Their main function is to constantly update and refine user interfaces to improve the customer's experience by really understanding human behavior. Throughout the entire development process, UX designers ask themselves:How do humans interact with technology?Why does this person use this app more than another app?How does the design influence the user's behavior and engagement with the app?Since the essential job responsibilities of UX designers are heavily centered on human behavior, this an appealing entry-level role in tech for those with non-STEM degrees, including graphic design or psychology grads (who also have design skills). UX designers may advance into roles such as senior UX designer, director of product development, or creative director.As you can see, there's a range of different roles in the technology industry. Some roles rely first and foremost on coding and other technical skills, some blend both technical and non-technical skills, and other roles don't require a heavy tech skill set at all. A number of different departments are needed to make a tech company run smoothly and create the world's next great technologies. So whether or not you have a background in STEM, there's an entry-level role that might be perfect for you.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderSep 22nd, 2021

Macy"s to hire 76,000 workers ahead of the holidays with about 28,000 jobs extending beyond the season

Macy's Inc. said Tuesday that it plans to hire 76,000 full- and part-time workers for the namesake department store, Bloomingdale's and Bluemercury, as well as call, fulfillment and distribution centers. About 48,000 will be seasonal positions for the holidays, while the remaining positions, about 28,000 jobs, will extend beyond that period. The company says about 6,800 seasonal workers stayed on with the company that in 2020. About 21,200 of this year's jobs will be in fulfillment centers, including warehouse workers and forklift drivers. Most of these positions will be in select locations including Goodyear, Ariz., Sacramento, Calif. and Cheshire, Conn. A national hiring day for these roles will be held on Sept. 23. Macy's is looking for about 50,000 store workers, Bloomingdale's is looking for 4,100 and Bluemercury seeks 315. And Macy's Credit and Customer Service has 300 jobs to fill. Macy's stock has soared 92% for the year to date while the S&P 500 index has gained 16% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news......»»

Category: topSource: marketwatchSep 21st, 2021

Birmingham Airport Authority hiring for 60 positions

Birmingham-Shuttlesworth International Airport has more than 60 job openings......»»

Category: topSource: bizjournalsMay 24th, 2021

UPS to hire over 500 in the Philadelphia region

UPS is preparing for a significant hiring push across four locations in the Philadelphia region. The delivery giant said Tuesday it expects to add more than 500 permanent and part-time package handling positions in local sortation hubs and center.....»»

Category: topSource: bizjournalsMay 18th, 2021

SFBT Tuesday Digest: Oakland airport expansion, S.F. fourplex play

Meanwhile, San Francisco-based Pinterest said it wants to hire more women and underrepresented minorities, especially in positions of power......»»

Category: topSource: bizjournalsMay 18th, 2021

Orlando International Airport to host job fair this week

Several companies are seeking to fill myriad positions at the air hub, as well as for the downtown executive airport......»»

Category: topSource: bizjournalsMay 17th, 2021

Murphy USA announces 3,000 positions hiring campaign

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 17th, 2021

Amazon hiring 900 new positions in Sacramento, paying hiring bonuses

As part of a nationwide hiring effort, Amazon is hiring 2,000 people for its centers in Sacramento and Stockton......»»

Category: topSource: bizjournalsMay 14th, 2021