ads by Clixsense

Wednesday, September 27, 2023

The Daily Money: Younger workers chafe against "difficult" reputation

Gen-Z workers sometimes pivot between fulltime and freelance gigs, craving flexibility. This has fed talk that they make "difficult" employees.

Advertisement

Read in browser
 

The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed Sep 27 2023

 

Daniel de VisΓ© Personal Finance Reporter

Good morning! This is Daniel de VisΓ© with today's top headlines.

Meet Ana Bohr. She's a Gen-Zer who has gone between full-time and freelance gigs to build her career around flexibility.

Bohr is one of many young professionals who approach work differently than previous generations: not defining themselves by their jobs, for a start. More than older workers, Gen-Zers prize remote work, varying work hours, and more time off to nurture their mental and emotional selves. All of this contributes to widespread stereotypes that Gen Z and millennials have different priorities, and even that they're just a tad troublesome as employees.

An April survey of more than 1,300 business leaders and managers found that 74% believe it's more difficult to work with Gen Z than other generations. Business leaders cited a lack of technological skills, effort and motivation among those employees born between 1997 and 2012.

Many managers said they need to fire Gen Z employees more frequently than workers from other age groups. Millennials have also been the subject of debate around perceived laziness and entitlement in the workplace.

Afp Afp 33 Tm 34 L Jpg

Retailers lost an estimated $112.1 billion last year from theft and lost inventory, according to the latest Retail Security Survey from the National Retail Federation.

Angela Weiss, AFP via Getty Images

Retail theft drained billions from stores last year

Tide pods, it seems, have a currency all of their own. Retailers lost an estimated $112.1 billion last year from theft and lost inventory, compared to $93.9 billion in 2021, according to the latest Retail Security Survey from the National Retail Federation.

The report arrives as a growing number of retailers sound alarms on retail theft and organized retail crime: Yes, that is a thing. Target cited theft in the recent closure of nine stores, and Dick's Sporting Goods blamed an uptick in theft for a lackluster quarterly profit.

πŸ“° More stories you shouldn't miss πŸ“°

πŸ” Today's Menu πŸ”

How would you like to get paid to drink margaritas?

A company is offering someone the chance to visit Las Vegas with a $4,000 prize, and one caveat: They must taste new cocktails every day for a week.

OnlineCasinos is looking for an official margarita tester to taste and rate several drinks. The winner will receive a stipend to help cover the trip, according to the company.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

Generation Z is using TikTok to bring back trends from the 2000s.

Two-thirds of Americans feel young people face hardships their parents were spared, including housing costs, student loans and climate perils.

Advertisement

This file photo taken on July 24, 2019, shows the logo of dating app Tinder on a tablet screen.
 

Online dating is getting more expensive: Tinder launches $500 tier

Tinder announced a new plan called Tinder Select, an invite-only membership with exclusive perks offered to less than 1% of users.

The federal Consumer Financial Protection Bureau has issued a report on buy now, pay later lending that has only baby teeth.
 

Young, well-off and deep in debt: Rising fears about Buy Now Pay Later

Buy Now Pay Later users are young and well-off but accumulating a mountain of debt and nearing the edge of a financial cliff, research shows.

Aurelia Casey has a full-time job and babysits to supplement her income, and she's still not sure she can ever afford to raise a family in New York.
 

Why Gen Z, millennials feel what their parents had is 'impossible now'

A recent survey found two-thirds of Americans believe younger generations are facing hardships today that previous generations didn't.

A customer chooses Powerball numbers at Won Won Mini Market liquor store in Los Angeles on Tuesday, July 18, 2023. The Powerball jackpot rose yet again to an estimated $1 billion after no winning ticket was sold for the latest drawing.
 

Powerball jackpot estimated at $785 million; see winning numbers

Monday's Powerball drawing of $785 million is the fourth-largest jackpot in Powerball history and the ninth-largest jackpot in U.S. lottery history.

Cars for sale on the lot at Colonial Ford in Marlborough. Local dealerships are anticipating a potential shortage in vehicles due to the UAW strike.
 

There's life after 100,000 miles: How to keep an old car running

New cars cost more than ever, so more Americans are clinging to "beaters." We asked experts how to get 3, 5, even 10 more years from an old vehicle.

As the country inches closer to the Sept. 30, 2023, deadline to fund the government, the only path forward to avert a shutdown is to pass a short-term funding measure to buy lawmakers more time to negotiate a longer-term deal.
 

Government shutdown could hurt US credit rating: Moody's

A government shutdown on Oct. 1 would be "credit negative for the US sovereign," according to a Moody's report published Monday.

File - A customer uses an ATM at a Bank of America location in San Francisco, Monday, April 24, 2023. Bank of America is being ordered to pay more than $100 million to customers for double-dipping on some fees imposed on customers, withholding reward bonuses explicitly promised to credit card customers, and misappropriating sensitive personal information to open accounts without customer knowledge or authorization.
 

Bye 'zero-interest' savings accounts. Here's how you can do better.

Too many consumers settle for savings accounts that pay almost no interest. High-yield alternatives aren't hard to find.

Recalled Shimano Hollowtech Road Dura-Ace FC-R9100P Crankset
 

Shimano recalls bicycle cranksets after injury reports

More than 4,500 reports pushed Shimano to recall its bicycle cranksets

This Little Goat's Ranch Chili Crunch gives customers both tang and crunch on any food they choose.
 

Hidden Valley Ranch collabs with Top Chef champion to create Ranch Chili Crunch

Ranch Chili Crunch is an exclusive topping brought to you by the minds at Hidden Valley Ranch and Top Chef champ Stephanie Izard. Out now for $12.99.

Advertisement

 

Sign up for the news you want

Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you.

SEE ALL NEWSLETTERS 

Newsletters   |    eNewspaper   |   Crosswords

Follow Us

Problem viewing email? View in browser

No comments:

Post a Comment