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Productivity News
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45-year-old self-made millionaire shares his 4 ‘cheat codes’ to help skyrocket your wealth
- Use residential mortgages: Buy properties with low down payments and transition them into rentals without refinancing.
- Optimize short-term rentals: List units on platforms like Airbnb, shifting between them based on vacancy to maximize income.
- Aim for zero housing expenses: Rent out spare rooms or spaces to cover your housing costs and invest the savings.
- Learn from your landlord: Sublease your rental or manage vacant properties for higher income and networking opportunities.
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1y
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Resumes with they/them pronouns likely to be overlooked in hiring process, Elon Musk finds it interesting
- A recent study found that resumes with 'they/them' pronouns face disadvantages in the hiring process, leading to fewer interviews for job applicants.
- Tesla CEO Elon Musk commented on the study, finding its findings "interesting" and expressing opposition to the use of 'they/them' pronouns.
- The study sent blind resumes to multiple employers and found clear biases against nonbinary job seekers.
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1y
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How long does it take to get hired in 2023?
- The average time-to-hire rate has reached an all-time high in 2023, taking companies an average of 44 days to fill an open position, one day longer than the previous year.
- Positions classified as "easy to fill" may take around 14 days, while "difficult to fill" positions can remain unfilled for two to three months.
- Industries seeking new and emerging skills are finding it challenging to fill open positions, leading to a mismatch between the skills available and the gaps that need to be filled.
- Tech and media companies typically take around 20 days to hire.
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Minis
1y
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Hiring In Hybrid Job Roles Up By 60%, On-Site Roles Dip: Survey
- Companies in India are embracing hybrid work models, offering employees more flexibility than traditional on-site roles.
- Entry-level hybrid job positions have surged by 60% year on year, while traditional on-site openings have dropped by 10% compared to 2022.'
- The fastest-growing fields for bachelor's degree holders are product development, HR, consulting, and military and protective services.
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1y
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Humblebragging is an unattractive habit that could ruin your chances of being promoted, career experts say
- Humblebragging, the act of making seemingly self-deprecating comments that actually draw attention to one's achievements, can harm your chances of being promoted, according to career experts.
- Humblebragging comes across as insincere and insecure, which can be off-putting to coworkers and bosses.
- Employers value self-promotion, but humblebragging can make individuals seem like narcissists seeking admiration rather than genuinely highlighting their accomplishments.
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Minis
1y
168
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Who Is Bharat Jain? Meet world's richest beggar who seeks alms despite being crorepati
- Bharat Jain, the richest beggar in the world, earns a significant income from begging on the streets of Mumbai, India.
- Despite his wealth, Bharat Jain continues to beg in Mumbai, collecting around Rs 2000-2500 ($27-34) per day, thanks to the kindness of people.
- He has a net worth of Rs 7.5 crores ($1 million) and owns a two-bedroom flat worth Rs 1.2 crore, as well as two rental shops in Thane.
- Bharat Jain's family lives comfortably, with his children attending a convent school, and other family members running a stationery store.
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1y
1.3k
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Tech company gives employees a recharge break, declares 9 days paid time off for all
- HackerRank, a tech hiring platform, implemented a 9-day company-wide break for employees.
- The break aims to prioritize employee well-being and recharge their energy.
- During the break, employees are encouraged to relax, and work-related communications will be addressed after the break.
- The move has received praise for considering employee comfort and stands out in an environment of work-life balance challenges and cost-cutting measures.
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Minis
1y
1.5k
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Author interviews 233 millionaires, reveals 4 things they never waste money on
- Millionaires prioritize healthier options, opting for organic and high-quality food instead of processed items.
- They invest in timeless, high-quality clothing rather than trendy fast fashion.
- Rather than expensive repairs, millionaires prefer to replace major items like roofs and appliances.
- They outsource garden work to landscapers, saving money on tools and equipment. They also avoid gambling, choosing to spend on experiences instead.
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Minis
1y
1.1k
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Design, analytics, JavaScript are top skills in 2023, says LinkedIn report
- Design, analytics, and JavaScript are identified as top skills in 2023, according to a LinkedIn report.
- Companies are increasingly adopting flexibility, with hybrid positions surging by 60% for entry-level roles compared to 2022.
- Financial services, administrative and support services, technology, information and media, and accommodation industries are the top hirers in India for fresh graduates.
- Various job functions like Product Management, Human Resources, Military and Protective Services, and Consulting offer opportunities regardless of educational background.
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Minis
1y
1.2k
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Employee shares pic of laptop accessories vending machine at Canva office
- Canva's Manila office introduces a unique vending machine that dispenses laptop accessories, as shared by a senior employee on LinkedIn.
- The vending machine provides convenient access to equipment for employees at any time, ensuring their needs are met efficiently.
- Canva's sustainability efforts are showcased through the repackaging and utilization of pre-loved items in the vending machine, promoting a responsible approach to resource management.
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11 Likes
Minis
1y
952
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Here are 4 tips on surviving long job interviews and how to ace them
- Research the company and role: Evaluate the organization's reputation, culture, and growth prospects. Assess the position's potential for learning, career development, and advancement.
- Clarify expectations: Seek clarity on the number of interview rounds, tests, and the estimated timeline. Understand the road ahead to mentally prepare for the process.
- Weigh other options: Explore other job openings and continue networking to keep your options open. Don't put all your eggs in one basket.
- Be consistent: Maintain consistency in responses across interviews. Adapt to specific contexts and individuals. Trust intuition but watch for red flags.
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Minis
1y
4.6k
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This startup has made it compulsory for employees to take 20 leaves every year
- Go Nimbly, a US startup, introduced a leave policy requiring employees to take a minimum of 20 days off annually.
- The new policy included adjustments to incentives and a monitoring workflow to ensure compliance with the minimum time off requirement.
- Time off usage increased by 19% compared to the previous quarter and by 28% compared to Q2 2022 (adjusted for headcount changes).
- Employee feedback was positive, with 94% expressing satisfaction with the flexible time off policy, while the director emphasized the importance of sleep hygiene for personal well-being.
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Minis
1y
1.3k
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What is Curse of 35 in China? A dreaded age for employees
- The "Curse of 35" in China refers to the age discrimination faced by employees above 35 years old.
- Many companies in China are capping their hiring age at 35, leading to job insecurity for older workers.
- The Curse of 35 affects personal goals like homeownership, marriage, and starting a family, as individuals fear financial instability.
- Chinese social media is filled with posts discussing the widespread fear and frustration surrounding this issue.
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Minis
1y
1.3k
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World’s youngest self-made billionaire shares the one piece of advice young people should follow
- Austin Russell, the world's youngest self-made billionaire, advises people to consider dropping out of college, stating that it is not for everyone.
- He mentions that even without the grant he received, he would have still chosen to leave college, as it was inevitable for him.
- Austin recommends exploring alternative avenues of learning, such as online resources, which provide easy access to vast amounts of information.
- He emphasizes that the internet offers opportunities to acquire knowledge and complete courses quickly, enabling individuals to learn at their own pace.
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Minis
1y
1.9k
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Job interviews are getting longer; here’s why it could be a red flag
- Increasing trend: Job seekers facing longer interview processes due to multiple rounds and rigorous testing becoming more common.
- Thorough evaluation: Lengthy interviews reflect the competitive job market, as companies seek to assess candidates comprehensively and eliminate bias.
- Candidate frustration: Prolonged procedures can lead to candidate disengagement and withdrawal, potentially resulting in the loss of top talent.
- Transparent experience: Employers should prioritize transparency, communication, and efficiency to maintain candidate interest and loyalty throughout the hiring process.
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