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The latest news on Careers from Business Insider

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    Mark Patterson, cofounder of the private equity firm MatlinPatterson, has seen a lot of resumes in his day. In a recent interview with OneWire CEO Skiddy von Stade, Patterson shared one big red flag for him.

    Over the years he's learned that when he sees someone has hopped from job to job, spending two to three years at each spot "there's something wrong with them."

    To him, this is worse than being a kid with no experience, and he doesn't see ambition as an excuse for it.

    "I have no interest in the hopper," he said. "On the positive side, especially for the young ones, I want to see where they suffered in their lives and how they overcame that. I’m looking for fortitude, I’m looking for an endurance capacity in the individual.”

    Patterson himself is an avid racecar driver who has driven in 24-hour races (he talks about it in the video). So maybe try to match that?

    Watch the full interview above and subscribe to receive new Open Door interviews with industry leaders here. 

    SEE ALSO: 8 Secrets To Writing The Perfect Resume

    Join the conversation about this story »


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    Mark Zuckerberg speaking at Sequoia High School

    Even if you don't want to be an expert coder, most jobs require some sort of basic knowledge of technology.

    Recognizing this trend, Mark Zuckerberg decided to give some high school students a heads-up on what's to come.

    In a surprise visit Wednesday to Sequoia High School in Redwood City, California, Zuckerberg told the students that if they want job security in the future, they should study technology in some capacity, according to Almanac News.

    Sequoia junior and former Facebook intern Rosie Valencia got to interview Zuckerberg, and one of the questions she asked was, "Why do you think technology is important for us students?"

    And despite his audience being mere teenagers, Zuckerberg offered some sage advice.

    "The simplest answer is that that's where all the jobs are going to be in the future," he said. "So if you look at the economy, it's easy to get the sense that the world somehow is going to be same as it is now when you grow up, that the jobs that you will have will be the same types of things that your parents have, and that's really not true if you look at the history. The world evolves, and jobs evolve.

    "If you want to have a better chance of getting a job that's good and if you want to get a job that pays more then being proficient in technology, knowing some basic things about how to use computers, use basic programming, even if that's not your primary job, is going to be really critical to having a lot of options and doing what you want in the future."

    So, kids, better start padding up your resume with some coding experience.

    SEE ALSO: This Startup Wants To Give A Voice To Those With Heavy Speech Impediments

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    workplace meetingWhen searching for a new job, it's smart to reach out to anyone in your network who might be able to help: former managers, career coaches, old colleagues. 

    However, you make yourself look stupid — and potentially ruin all chances of getting your network to help — if you ask, "Do you know of any job openings?"

    Worse even, is if you follow it up with, "I'm willing to do anything!"

    It may be true that you'd be willing to take any position as long as it ensures you won't go hungry, but you don't want your network to know that — and this sort of statement won't give your friends and colleagues enough information to be able to help you, warns Jason Alba, founder and CEO of JibberJobber.com, an online job search tool, in a recent LinkedIn post.

    Your old boss and career coach friend most likely want to help you, but throwing a general question at them, with no background as to what you're qualified for or want to do, creates extra work on their end. 

    Furthermore, it doesn't inspire confidence in your abilities. Here are three reasons why:

    You sound desperate. If you're just looking to pay the bills, it might seem as if you're going to bail once you get caught up, Alba says. Additionally, it makes you look unorganized and unaware of your surroundings, which could be an indicator of how you'd perform the job.

    You're too vague. You probably think that your willingness to do anything makes you seem flexible — but it actually makes it difficult for a company to place you (and tough for your network to help or offer guidance). "People want specific problems solved, and being able to do 'anything' is a red flag that indicates perhaps you can't do anything well," Alba says.

    You look like a rookie. Unless you're truly just starting out, you probably aren't going to be happy doing grunt work in an entry-level position. It's better to know exactly what you're looking for, even if you don't think there are any positions open, Alba advises. Saying exactly what you want to do helps people find those kind of jobs for you.

    Bottom line: Don't reach out to your network expecting them to do the hard work for you. Figure out what you want and give them the tools to help you. "Know your target companies. Know the industries you want to work in. Know what your ideal job titles or descriptions would be," Alba says. 

    Click here to read the full LinkedIn post.

    Want your business advice featured in Instant MBA? Submit your tips to tipoftheday@businessinsider.com. Be sure to include your name, your job title, and a photo of yourself in your email.


    NOW WATCH: How To Respond To 8 Illegal Interview Questions

     

    SEE ALSO: The Surprising Interview Mistake Most Job Seekers Make

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    15ppldream

    "Living the dream" can mean a lot of different things. To some, it's a life spent kicking back on a beach with an endless supply of Mai Tais. To others, it could be traveling all over the world, meeting new people, and experiencing a hundred different cultures. And to others, it is a dream job in which you get paid to do the things you love. 

    Whatever your concept of "living the dream," we've come up with a list of people who are without a doubt living their dreams (and maybe yours, too). 

    The 15 people on this list have often taken extraordinary risks and worked hard to build lives that let them do what they always dreamed of, whether that's shooting into space, playing video games all day, or living full-time in the wilderness.

    Matthew Berry has made a career out of his fantasy sports obsession.

    Matthew Berry was a Hollywood screenwriter for 10 years, writing for sitcoms like "Married With Children" and movies like "Crocodile Dundee In Los Angeles." For some, that's a dream come true. For him, it was awful.

    "I was 35 years old and miserable and the only thing that made me happy was this dumb little fantasy sports website that I had started on the side," Berry told Lifehacker last year.

    In 2005, Berry went after his passion: fantasy sports. Appearances on radio and TV for ESPN and the NBA landed him in a meeting with ESPN vice president John Kosner. Berry persuaded Kosner to let him turn his hobby into a full-time job.

    Now, Berry is ESPN's top fantasy sports analyst, spending his days playing in every type of league imaginable. The dream job has led Berry to tell Sports Business Daily, "I like my salary. But I'd do it for free."



    Scott Leonard runs his financial firm Navigoe from a boat in the Caribbean.

    Scott Leonard, founder and CEO of the boutique financial advisory firm Navigoe, spent the past three years traveling the Caribbean and South Pacific in his 50-foot-long catamaran sailboat with his wife, Mandi, and three sons — all while continuing to manage his successful business. 

    During the time he was away enjoying quality time and scenic views with his family, his business grew its customer base and revenue. That was thanks to Leonard's careful preparation and occasional flights back home from ports for face-to-face meetings.

    But mostly, Leonard embraced his long-held passion for sailing, while exploring new island locales with his family and working just 20 hours a week with a flexible schedule.



    Matt Block, Seth Davies, and Gus Voelzel live in a Mexican resort city and make a living playing online poker.

    Matt Block, Seth Davies, and Gus Voelzel are just a few of the many 20- and 30-something Americans living in the Mexican resort city of Playa Del Carmen. The three have been living in the area for years, making a living by playing online poker.

    The poker junkies play relentless tournaments and cash games on poker websites like Full Tilt Poker, hang out on the beach, and sample the often-wild nightlife in Playa Del Carmen and nearby Cancun.

    Rent in Playa is roughly $700 a month for a place just five minutes from famous beach clubs. Each player can easily pay that rent by routinely making thousands of dollars in a few hours on the poker sites. With an endless supply of tourists to party with and plenty of money to spend, the poker expats are essentially on an endless spring break. 



    See the rest of the story at Business Insider

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    goldman

    The investment bank Goldman Sachs is one of the most elite institutions on earth. 

    And most reviled.

    "'I'm going to Goldman,' is still about as close as it gets in the real world to 'I'm going to Harvard,'"said Michael Lewis, the firebrand financial writer

    The prestige comes with outrageous dollar signs — think "better than half a million dollars in annual compensation, per worker," if you take Businessweek's word for it

    Still, what do you earn if you're not at the top of the Goldman pile? If you're in the middle? Or even at the bottom?

    With those queries in mind, we sifted through Glassdoor's generous list of collected salaries to provide a glimpse into the pay for Goldman's 32,000 employees.

    According to Glassdoor, here are the average salaries for 15 positions at Goldman Sachs, in ascending order: 

    1. Operations Analyst: $50,450
    2. Analyst: $63,459
    3. Financial Analyst: $68,794
    4. Technology Analyst: $75,429
    5. Investment Banking Analyst: $78,957
    6. Associate: $103,194
    7. Senior Business Analyst: $105,958
    8. Trading Associate: $108,796
    9. Senior Analyst Developer: $113,349
    10. Team Manager: $118,367
    11. Sales Associate: $124,717
    12. Vice President: $158,096
    13. Intermediate Research Associate: $172,249
    14. Intermediate Finance Associate: $178,561
    15. Vice President, Intermediate Research Associate: $193,559 
     

    A possible takeaway: If you really wanna get paid, start programming for Facebook.

    SEE ALSO: The 20 Schools With The Most Grads At Facebook

    Join the conversation about this story »


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    Typing Email

    Job searching frequently starts online. LinkedIn, Monster and Career Builder are some of the best known job seeking sites out there and are great choices to review the hiring landscape. For employers, posting positions on these behemoths means many eyes see their positions. However, there are a few downsides for employers who use the most common job boards. Posting to them comes with a hefty price tag and yields hundreds of responses from unqualified applicants, who the employer must screen.

    Today's smart job seeker should leverage these major job boards while also casting a wider net. Finding (and securing) the right job may not always occur in the most obvious places. Here are additional online sites to help you find a new career:

    1. GrooveJob.com: This site is the largest job board for part-time, hourly, seasonal and student jobs. It enables the job seeker to sort by location and industry and offers hundreds of listings for many major metropolitan areas. GrooveJob.com is an excellent resource for someone looking to add some extra work or take on a part-time role. It also has job seeker resources and articles to address common questions and challenges.

    2. Glassdoor.com: Best known for its inside look at more than 329,000 employers from current and ex-employees, Glassdoor allows users to see salary information, company reviews and typical interview questions posted anonymously. This information is a great complement to typical employment research.

    Glassdoor also has a job board where employers can post available positions. You can sort by company ratings, type of role and posting date. You can also create alerts to let you know when new positions are posted that match specific criteria.

    3. Craigslist.com: For major metropolitan areas, Craigslist is a go-to site for small and midsized businesses looking to add to their staffs. While there are some corporate positions posted, it's typically general administrative, customer service, food service, retail and bookkeeping or accounting roles found on this site. Employers often choose Craiglist due to its reasonable cost to post a position and its local applicant draw. The roles are broken into job type, and you can sort by neighborhoods, keywords and posting dates to create an ideal search.

    4. Nextdoor.com: Most likely, Nextdoor is coming to a neighborhood near you soon. With more than 44,000 neighborhoods online to date, this virtual community board allows neighbors to communicate with others in their immediate vicinity. While it's primary goal is to enable the sharing of useful information like "Can you recommend a good plumber?" or "There will be a block party this Sunday on Elm Street," you will also find local residents looking for employees for their businesses.

    There is a greater level of trust when a neighbor refers a job seeker versus someone who is a complete stranger. While there is not a section for job seekers, you can review recent comments from your neighbors to see if anyone references hiring or post that you are looking for a specific kind of opportunity.

    5. Your alumni association website: When thinking about a new role, take a minute to reconnect with your college or university's alumni association and its website. These groups often offer a wealth of job seeking resources, classes and workshops on updating your professional image and open positions posted by local employers.

    Although the primary purpose of an alumni association is to keep graduates connected to campus, one of the most popular benefits of membership is professional development. Whether it is attending a networking event or applying for an available position, the costs of joining your alumni association are easily covered by the employment and networking related gains.

    The key to finding an opportunity is expanding your view. By including both the major job boards as well as some of the specialty sites, you are tapping into a diverse network of employers. As you expand your options, you also give yourself a competitive advantage when you apply for openings without a high level of competition.

    Be sure to diligently research all employers and hiring authorities regardless of where you found the role. Also, take the time to tailor your application, cover letter and résumé to reflect how well you match the position requirements. Don't forget to proofread your materials several times before submitting to an online opening. Job seeking is not an easy task, but taking advantage of the "road less traveled" may give you the extra edge you need to land your ideal next role. 

    SEE ALSO: 10 ​Things To Remove From Your Résumé​ Immediately

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    Flirting

    You've probably heard the saying "sex sells," which is why sexy images appear so often in advertisements. But did you know sex can also improve your business and boost your career?

    We often think of our business and personal lives as two entirely separate spheres, but in fact what happens at home and what happens at work often have overlapping effects.

    For instance, a stressful day at work can often send you home cranky, and workplace stress can elevate your blood pressure and cause everything from headaches to insomnia.

    Similarly, happiness at home can have a calming effect at work, helping you make more clear-headed decisions and making you less likely to fall ill or feel overwhelmed with stress. Sure, sex sells, but it also has the power to improve your 9-to-5 life, whether you're a worker bee or the boss. Here are just a few ways a good sex life can turn your career around:

    1. People who have sex get paid more. Apparently there are some outside-of-the-bedroom perks for having more sex. One of those perks is a higher paycheck, at least according to research from the Institute for the Study of Labor. The study found people who have sex at least four times a week make more money than their peers who get less busy. It seems the correlation lies in how those who have more sex tend to be both happier and healthier, leading to more enthusiasm at work, better decisions, and less discrimination, which in turn leads to higher paychecks.

    2. Sex reduces stress and prolongs health. Sex is a major stress reduction agent, which means better health and fewer sick days. According to the book Your Doctor is Wrong by Sharon Norling, frequent orgasms can increase life expectancy by three to eight years. Plus, a study by Arizona State University showed sexual behavior with a partner correlated with lower negative mood and higher positive mood the following day in middle-aged women.

    3. Sex produces immune system-boosting hormones, resulting in fewer sick days. Dehydroepiandrosterone (DHEA) is a hormone released during sexual encounters, and it has a whole host of benefits. Some of these include health benefits like reducing symptoms in women with lupus and alleviating depression. In fact, DHEA can even take years off your real age. According to a study by the Royal Edinburgh Hospital, people in their 40s who reported having 50 percent or more sex than their peers also appeared to be about seven to 13 years younger than their actual age when judged by a panel of strangers.

    4. No more office migraines: Oxytocin is pain relief. Oxytocin, released during sex, is also important in pain relief. Often called the "love hormone," oxytocin is also released during labor in order to relieve pain. With its power to help relieve pain, the hormone could keep you feel healthier in the office.

    5. Entrepreneurship can actually improve your sex life. Taking control of your own destiny by becoming an entrepreneur can be empowering--and it can empower more than just your career prospects. A recent survey of entrepreneurs found 14 percent reported having more sex after ditching their 9-to-5 job. So it works both ways--more sex can help your career with better health and higher wages, and finally breaking out on your own and following your entrepreneurial dreams can lead to more sex.

    You might think your career and your sex life are completely separate entities, but what happens at home and at work can often intersect in interesting ways. By spending more time with your partner, you'll actually be improving your chances of getting that promotion or taking your business to the next level.

    SEE ALSO: The US Is Suffering From An STD Epidemic

    Join the conversation about this story »


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    Applying for a job typically consists of providing two documents to your potential employer: a resume and a cover letter. While simple improvements can be made to a fairly straightforward resume, writing an effective cover letter can be the tricky part. Be sure not to make these mistakes. 

    Produced by Justin Gmoser

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    Most people know they should ask questions at the end of a job interview, but what do you ask? We found some answers.

    Produced by Matt Johnston

    Follow BI Video: On Facebook

     

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    Hiring managers spend just six seconds on your resume before they decide on you — this is exactly what they look at.

    Produced by Matt Johnston

    Follow BI Video: On Facebook

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    Fencing Victory

    Business Insider is looking for a superstar managing editor to join BI Studios, our in-house branded content team.

    The Managing Editor will report to the Editorial Director and run point on many of the details, both creative and procedural, that go into making BI Studios' branded content the best on the web. We're seeking a talented and versatile editor, writer, and communicator who can rise to any challenge, be it big or small.

    The person in this position is responsible for managing many of the key elements through the editorial process, from conception to production and publication. As such, the managing editor will manage and grow our freelancer pool, edit content, organize brainstorming discussions, take the lead on researching and crafting topic pitches, update sections of the website, communicate with clients on editorial questions and issues, review production details before publication, write and edit articles and other native content when needed, and work with our project manager to stay on top of deadlines, deliverables, and our content calendar.

    The ideal candidate is a skilled editor and writer with excellent communications skills and access to a deep stable of capable freelancers. He or she is detailed-oriented, organized, creative, web-savvy, a superb editor and sharp writer, and interested in a wide array of subjects, from tech and finance to lifestyle and entertainment.

    We're looking for someone who enjoys wearing many hats, a troubleshooter and a doer — someone who will pitch in wherever necessary, who both receives and gives direction well, and who cares deeply about producing high-quality content that engages readers and elevates the BI Studios brand while fulfilling the needs of advertisers.

    Qualifications:

    • 5+ years experience as an editor and writer in digital publishing.

    • Superb writing, editing, and brainstorming skills.

    • Excellent written and spoken communication skills.

    • Familiarity with and enthusiasm for Business Insider's content, style, and mission.

    • Experience working with various digital storytelling formats (text, video, slideshows, infographics).

    • Extensive freelancer contacts and experience managing freelance writers.

    • Terrific work ethic and team player mentality.

    • Strong understanding of best practices, trends, and innovations in content marketing.

    • Proficiency in content management systems, Photoshop, SEO, and basic HTML.

    • Ability to handle multiple deadlines at once.

    • Experience working with clients a plus.

    • Experience in tech or business journalism a strong plus.

    If this sounds like a good gig for you, please apply online, share a few of your work samples, and tell us why you're a good fit for the role. 

    Join the conversation about this story »


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    negotiate, employee, interview

    At Business Insider's London office we recently sifted through more than 100 job applications — and conducted 50 or more personal interviews — with people who want to write for our new UK site.

    Go straight to the list of mistakes >

    We were impressed with the calibre of the candidates. Everyone we saw was smart and accomplished, and each applicant seemed to "get" our all-digital, fast-paced, anti-boring way of handling business news.

    But ... the British are human, too. They make mistakes.

    We don't hold minor mistakes against people — in fact we hired some of the people who committed these flubs — but every faux pas we describe here comes from real-life job interviews.

    Don't wear a Ramones T-shirt to a job interview.

    We get it. You're young and cool. And we love The Ramones, too.

    But make us feel as if you're a safe bet by wearing a shirt and tie (men) or go conservative but stylish (women).

    One candidate impressed us by wearing a shirt and tie to a Google Hangout video interview.



    Don't let your cat escape out of a window during a live video chat.

    We often use Skype and Google Hangout. A video interview may feel casual, but you need to prepare: In the background, we can see the dishes piled in your sink or the laundry hanging off your bedroom door.

    One candidate interrupted her conversation with us when her cat jumped out of an open window. (We hired this person anyway.)



    Do not try to negotiate your salary in the first meeting.

    We get that you're trying to make sure you aren't wasting anyone's time, but remember that this is a negotiation: The further you get through the process, the more it shows we want to hire you, and the stronger your negotiating position becomes. Obviously we don't lowball candidates based on this. But asking the question early marks you as a rookie.



    See the rest of the story at Business Insider

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    ad image

    A classified ad offering a job in the New York publishing industry has been posted, and reposted, with almost no changes for more than 10 years.

    The curious job offer advertises a PA/research associate for "a busy executive" in New York City, with no further information about the employer. The salary is described as between $90,000 and $110,000 per year — generous, for the role.

    Here is the full text of the current ad, which you can currently find on Monster.com:

    Ideal Candidate:

    Highly intelligent, resourceful individuals with exceptional communication skills sought to undertake special research projects and various administrative tasks on behalf of a busy executive. 

    We would welcome applications from writers, musicians, artists, or other candidates who may be pursuing other professional goals in the balance of their time. We offer a casual atmosphere in a beautiful space, working as part of an extraordinary group of gifted, interesting individuals. 

    The salary range is $90-110k/yr (depending on qualifications), with significant upside potential and management possibilities. Please e-mail your resume to: mtgen2@gmail.com

    It sounds interesting doesn't it? Beautiful space, extraordinary group of gifted individuals, with a potential $100,000 salary. Ain't bad at all. 

    Although, it is quite old. The blog Working With Words has tracked the ad since the very beginning, when it appeared in a issue of The New Republic in the summer of 2004. 

    The ad seems to have been posted and reposted for a decade now, only with a different email address and other minor changes every now and then.

    Back in 2004 you had to email gen8r@spsfind.com for the amazing job. The same address, with a minor variation, was still the recipient in 2006, when the ad was running on page 25 of The New Republic January issue.

    A journalist-mom on Huffington Post tried to have her daughter recruited in 2006, only to receive no answer. She saw the same ad in the February issue of 2009. 

    By that time the ad had also moved online, and in 2008 it was seen on Craisglist, according to a comment on  Working With Words. It had also added "medical researcher" among the tasks. 

    Nobody really knows when the ad originally first ran. John Ettorre, a writer from Ohio who is behind Working With Words, wrote: "we've just been tracking it here for nine years, but I believe the ad began running several years before that." That was in 2013.

    So someone has been running this same mysterious classified ad for 10 straight years now.

    A Business Insider UK staffer has applied to the ad on Monster. Scores of "writers, musicians, artists, or others" probably have too. You can do it as well!

    We've received no answer so far, but we will keep you informed when hear back.

    Join the conversation about this story »


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    mckinsey signThe elite management consultancy McKinsey has had a ridiculous amount of influence on American society. 

    As chronicled by Duff McDonald in his history of the company, "The Firm," the highlights and lowlights include: 

    • Its consultants urged President Eisenhower to create the Chief of Staff position in the White House.

    • Its consultants helped GE re-organize in the 1960s, leading to a boom in the corporation's business.

    • Its consultants guided Enron on its path of self-destruction.

    "For better or worse,"McDonald writes, "McKinsey just might be the most influential collection of talent in the world."

    And that talent brings in the big bucks, to the tune of $7 billion in revenue a year.

    If you land a gig there, chances are you'll be making bank, too. 

    According to Glassdoor, here's the combined compensation — annual salary and bonus — for 15 positions at McKinsey, in ascending order: 

    1. Executive Assistant: $59,425
    2. Research Analyst: $68,430
    3. Investment Banking Analyst: $78,957
    4. Business Analyst: $86,687
    5. Senior Research Analyst: $88,928
    6. IT Business Analyst: $99,636
    7. Senior Business Analyst: $106,061 
    8. Associate Consultant: $151,371
    9. Practice Specialist: $152,850
    10. Associate: $162,911
    11. Senior Associate: $176,489
    12. Management Consultant Associate: $198,977
    13. Engagement Manager: $229,158
    14. Senior Engagement Manager: $233,451
    15. Associate Principal: $376,333 
     
     

    SEE ALSO: Here's What You Can Earn Working At Goldman Sachs

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    morgan stanley headquarters

    It's hard to get your foot in the door of Morgan Stanley, the bank that pulled in $8.9 billion in revenue in the third quarter of 2014. 

    Landing a spot in its summer internship program is near impossible: 90,000 people applied to the gig this year, but only 1,000 were accepted, making for a 1.1% acceptance rate

    But if you do make it in, you're going to get paid. Case in point: Its junior bankers received a 25% raise over the summer.

    To figure out just how much Morgan Stanley employees make, we looked through self-reported salary and bonus numbers on Glassdoor, the job reviewing site. 

    As is characteristic of Wall Street firms, Morgan Stanley has some outrageous bonuses.

    Of those self-reported to Glassdoor, the Investment Banking Associate position stands out — while the base salary is a solid $111,801, the annual compensation jumps up to $233,446 after bonuses.

    Here's the combined compensation — annual salary and bonus — for 15 positions at Morgan Stanley, in ascending order: 

    1. Financial Advisor Associate: $65,683
    2. Financial Analyst: $85,120
    3. Associate: $134,766
    4. Vice President — Operations: $132,256
    5. Research Associate: $152,011
    6. IT Senior Associate: $154,208
    7. Senior Software Developer: $165,777
    8. Equity Research Associate: $168,226
    9. Vice President — IT: $169,477
    10. Trading Associate: $173,398
    11. Vice President: $201,290
    13. Executive Director — IT: $221,235
    14. Investment Banking Associate: $233,446
    14. Executive Director: $323,854
    15. Managing Director: $744,817 
     

    SEE ALSO: Here's What You Can Earn Working At Goldman Sachs

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    JP MorganAll together, JPMorgan Chase has an over 200-year history. 

    As we've reported before, it played an indirect role in killing America's first Secretary of the Treasury, winning World War I, contributing to the 2008 financial crisis, and helping avert a more catastrophic financial disaster. 

    Naturally, people who work for a firm of such influence get paid quite well — judging by the self-reported salary and bonus numbers on Glassdoor, the job reviewing site. 

    As is the case with other big banks, bonuses can be gigantic at JPMorgan.

    For instance, the investment banking vice president salary is reported as $172,902, while bonuses nearly double the annual compensation to a sizeable $337,121. 

    According to Glassdoor, here's the combined compensation — annual salary and bonus — for 15 positions at JPMorgan, in ascending order: 

    1. Application Development Manager: $144,339
    2. Vice President — Product Manager: $147,074
    3. Research Associate: $152,927
    4. Program Manager$160,074
    5. Investment Banking Associate: $162,887
    6. Vice President: $177,203
    7. Vice President — Investment Bank Technology: $191,619
    8. Equity Research Associate: $196,607
    9. IT Director: $198,304 
    10. Vice President — Quantitative Research: $228,787
    11. Senior Vice President: $277,635
    12. Managing Director: $296,320
    13. Executive Director: $322,540
    14. Investment Banking Vice President: $337,121
    15. Executive Director, Investment Banking: $344,270 
     
    Compare that with what you can pull in at Morgan Stanley or Goldman Sachs.

    SEE ALSO: Here's What You Can Earn Working At Goldman Sachs

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    4719678156_812a833411_o

    As we've previously reported, many tech workers, particularly software developers, are under intense pressure to work insane hours.

    The myth is, they should be so passionate about their jobs that working is the only thing they want to do.

    This myth doesn't happen to be true. People that work all the time aren't better, more productive or even more passionate workers.

    Research shows that productivity typically declines after 40 hours a week. A Stanford student research project specifically found that overworked coders working 60-hour weeks produced less high-quality code than refreshed people working 40-hour weeks.

    Nevertheless, the pressure exists, particularly in the startup world where money is tight, deadlines loom and the all-nighter culture rules.

    But there may be a glimmer that a backlash against this myth is starting to happen.

    A startup CEO got slammed on Quora when he posted a question complaining that his employee, a new dad, insisted on leaving the office between 6 p.m. and 7 p.m.

    He wrote:

    I manage a young startup company in the valley. My only employee is great but he is also a new father. Which means leaving work between 6 and 7 pm. I understand him but it's hard for a startup that the commitment lasts for work hours only. What would you do as a CEO?

    By today, there were 65 answers or so essentially telling the guy something like this, "Ok, so you are upset that he is not working at the stereotypical, and completely inaccurate, 80-100 hours per week. Are you only getting 50-60? Seriously? I find that I get the maximum amount of work done at around 50 hours per week. It falls off sharply after that point."

    Or this, "Too many companies think it is natural for developers to work late hours."

    Or this:"The new father neglects his kid(s) to work until midnight? Are you going to post a question about your employee not staying around until 1 am or 2 am next?"

    The CEO was so universally trounced by his attitude, that he eventually updated the question to clarify: "The problem is not that the guy is leaving early per se ... the question I have is more with the rigidity of the time even when something more urgent is needed."

    In other words, the new dad was absolutely insisting that his evenings would be spent with his baby, and not doing "urgent" work when the boss called. The boss was looking for ideas on how to cope.

    To that, the people had this simple advice: "If you want a night shift hire somebody else to cover that."

    The responses are a good sign that work life balance may soon arrive more broadly in in the tech industry, maybe even at startups. But, sadly, the question also means it hasn't really arrived for everyone.

    SEE ALSO: The Stress Of Being A Computer Programmer Is Literally Driving Many Of Them Crazy

    Join the conversation about this story »


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    vogue assist

    The role of Anna Wintour's assistant was made famous after allegedly being the subject of the 2006 film "The Devil Wears Prada."

    While the job of assisting Vogue magazine's editor-in-chief can be tense at times, it also has its perks  like attending the star-studded Met Ball or meeting President Obama.

    The Daily Front Row recently revealed the identities of Wintour's three current assistants, and they're just as fabulous as you imagined.

    Rey-Hanna Vakili, Lily Stav Gildor, and Lili Goksenin are the lucky three also known as #TeamAW. 

    Scroll down to check out their glamorous lives (may take a moment to load):

    Behind Vogue editor-in-chief Anna Wintour...



    Are three young and fabulous assistants.

    #tbt that time i became instafamous #worldsmosttalkedaboutoffice #jk @voguemagazine

    A photo posted by Lily Gildor (@lilystav) on Apr 4, 2014 at 7:06am PDT



    Meet Rey-Hanna Vakili, a 23-year-old Australian socialite.

    Good morning lovely Paris! 🇫🇷

    A photo posted by Rey-Hanna Vakili (@reyvakili) on Nov 11, 2013 at 2:20pm PST



    See the rest of the story at Business Insider

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    teacher

    Though many college students choose their major based on how much money they will be able to earn in the real world, it's important to consider whether your future job will be one you feel good about doing.

    The salary information website PayScale.com decided to figure out which majors lead to the most emotionally fulfilling careers.

    To do this, PayScale used data people submitted about their jobs, and ranked 207 college majors based on what percentage of degree-holders responded "yes" or "very much so" to the question, "Does your work make the world a better place?"

    In several instances where two majors had the same percentage of "meaningful" responses, we gave deference to the major that had a higher starting salary.

    Many of them are the "helping professions," as you'll see.

    20. Foods & Nutrition

    Grads who find their job meaningful: 71%

    Average starting salary: $39,100

    Average mid-career salary: $59,800

    Potential careers: Clinical nutrition manager, supermarket department manager, operations manager for a fast-food chain.

    Source: Payscale 2014-2015 College Salary Report



    19. Nuclear Engineering

    Grads who find their job meaningful: 71%

    Average starting salary: $67,000

    Average mid-career salary: $118,800

    Potential careers: Nuclear engineer, director of engineering, engineering technician.

    Source: Payscale 2014-2015 College Salary Report



    18. Exercise Science

    Grads who find their job meaningful: 72%

    Average starting salary: $34,400

    Average mid-career salary: $53,400

    Potential careers: Computer science professor, biology professor, earth science professor. 

    Source: Payscale 2014-2015 College Salary Report



    See the rest of the story at Business Insider

    0 0

    vogue assist

    The role of Anna Wintour's assistant was made famous after allegedly being the subject of the 2006 film "The Devil Wears Prada."

    While the job of assisting Vogue magazine's editor-in-chief can be tense at times, it also has its perks  like attending the star-studded Met Ball or meeting President Obama.

    The Daily Front Row recently revealed the identities of Wintour's three current assistants, and they're just as fabulous as you imagined.

    Rey-Hanna Vakili, Lily Stav Gildor, and Lili Goksenin are the lucky three also known as #TeamAW. 

    Behind Vogue editor-in-chief Anna Wintour...



    Are three young and fabulous assistants.

    #tbt that time i became instafamous #worldsmosttalkedaboutoffice #jk @voguemagazine

    A photo posted by Lily Gildor (@lilystav) on Apr 4, 2014 at 7:06am PDT



    Meet Rey-Hanna Vakili, a 23-year-old Australian socialite.

    Good morning lovely Paris! 🇫🇷

    A photo posted by Rey-Hanna Vakili (@reyvakili) on Nov 11, 2013 at 2:20pm PST



    See the rest of the story at Business Insider

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