Vanessa Fuhrmans
speaker
458 appearances
8 recordings
1 series
first heard Feb 2020
last heard Oct 2024
Vanessa Fuhrmans’s voice in public audio — every appearance, attributed to the second.
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Appearances
Right.
And even here in the U.S., you can see there are huge cost-of-living differentials between cities.
San Francisco or New York versus, say, a Dallas or even a Florida.
For new hires, you're seeing it in some professional services jobs such as finance.
We have some data from the payroll and benefits company Gusto, and they showed finance in particular, the pay advertised for new hires across the finance sector is down 9% since last year.
Where we still see shortages of workers.
We're undergoing, as an economy, quite a shortage of accountants still.
Those pay rates continue to climb.
Well, they're having a lot less luck in negotiating those salaries.
First of all, we're seeing fewer people even trying to negotiate their salaries.
They're well aware that they're not as in demand.
They weren't as hard to get from the company's perspective, and they may not want to push it.
And the people who are actually trying to negotiate salaries, fewer of them are having successful outcomes and getting a better offer.
Stagnant is usually what keeps people staying put.
If there's not an incentive to leave to go to a better job that's paying better, that's why we're seeing a lot of people staying now in the jobs that they are.
They know that the job market just isn't as hot as it used to be, and they know that the premium for switching a job is just not what it was two years ago, even one year ago.
Friday is the day of the week that is both very new and different and still stuck in the pandemic, whereas the rest of the week we've kind of reached some sort of approximation of normal.
And you see that showing up in all sorts of facets of life.
It might be.
When you look at the data, the percentages of people who work from home on Fridays is just a lot higher than the rest of the week.
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