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Every Friday we round up the salary trends, career stories and job news that you may have missed during the past week.
Over the past five months, the U.S. economy has generated 1 million jobs; accordingly, more workers than ever may be preparing to look for more lucrative work. This infographic by Bizo explores the job types most likely to see major turnover as the economy continues to rebound and the job sectors in which workers will probably stay put.
The innovative [E]nstitute apprenticeships aim to help young workers hone their entrepreneurial skills at startup businesses without setting foot in a traditional college classroom. The two-year, tuition-free program offers a small stipend and free housing; in exchange, program participants will work full-time at startups like Bit.ly, Betterment and Thrillist. They'll also attend lectures, complete writing assignments and attend dinners with [E]nstitute-vetted experts.
The Wall Street Journal recently profiled a job sector in which demand has been and continues to be strong: personal service jobs like hairdressers, nurse's assistants and housecleaners. What's driving this growth? Essentially, these are among the only positions in the U.S. that can't be automated or exported.
ACT, the organization behind the college entrance exam of the same name, has developed career tests for kindergarteners that will be available in schools as early as 2014. Will this multimillion-dollar project help usher kids toward the careers of their dreams, or is it pure folly?
Longing to feel more engaged, happy and satisfied with your work? Consider applying for a job at LinkedIn. We uncovered some stats that seem to indicate that they’ve created an almost ideal workplace.
PayScale’s recently-released 2012 Top Tech Employer Comparison has some fascinating data showcasing how the biggest players in the tech world lure the industry’s best and brightest to play for their team. One of the most surprising stats we found was LinkedIn dominating several of the categories we compared, especially their reported 100 percent job satisfaction rate. What’s the secret ingredient to LinkedIn’s success when it comes to keeping their employees happy?
A six-figure income used to be a hard-earned sign of success, but due to skyrocketing costs and inflation, $100,000 doesn't have the cachet it once had. Crunching the numbers for standard inflation, it would take $172,000 in 2011 dollars to match a $100,000 salary in 1990.
Here's another reason to go to college. Jobs for "unskilled" workers -- in other words, folks without a secondary or college education -- are in global decline. A recent study by the McKinsey Global Institute predicts that 90 to 95 million workers won't be needed by employers by the year 2020.
Google Maps Coordinate, the latest addition to the Maps app, was designed to enable managers to keep track of their mobile workers by visualizing their location on a map. Leaders can use the service to create jobs, while employees can claim new assignments, check in at job sites and update the status of jobs in progress. Users can mark themselves as "invisible" during breaks or other periods of unavailability, and there's also a time-centric system that logs users out at the end of their scheduled shift.
Everyone recognizes highly successful companies like Amazon, Apple, Google and Microsoft, and many use their products. But, do you know how they compare as employers? Each company is vying for the brightest minds in the tech industry. PayScale takes a look at what each one offers potential employees.
From job satisfaction and typical weeks of vacation, PayScale's Tech Employers Compared report and "Battle Over the Geeks" infographic give you the scoop on which company may have the best shot at bringing in the braniacs.
If you're looking for entrepreneurial success, look outside your social circle for business partners. A new Harvard University working paper reveals that venture capitalists who teamed up with another investor based on shared personal characteristics, such as an alma mater, fraternity or ethnicity, were less successful than duos who joined forces solely based on their talents. Why is this so?
Finally, some good news about industry in the U.S.: Q1 2012 marked the full recovery of manufacturing wages from the Great Recession, according to The PayScale Index. Wages grew almost .5 percent over the previous quarter and were up 2 percent from last year.
Where is this quiet resurgence taking place? When most of us think of manufacturing, we probably think of automobile hub of Detroit or maybe steel towns like Pittsburgh. But Forbes's recent gallery of cities leading the manufacturing revival includes some areas that might surprise you.
It might seem counterintuitive, but new research indicates that employees with neurotic tendencies can feel like failures upon receiving pay increases. Eugenio Proto of the University of Warwick and Aldo Rustichini from the University of Minnesota studied high-salary employees with high levels of neuroticism and found that if the amount of a pay raise is disappointing, they're more likely to interpret it as a sign of failure.
Your level of education helps determine your job satisfaction, according to research out of Spain. Santiago Burdria of the University of Madeira and his research team studied almost 5,000 employees and discovered that better-educated workers were 2 percentage points more likely than their peers to be dissatisfied at work. What factors drive these changes?
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