- In America, corporations get to be people but workers don’t
More than 55% of U.S. workers are now subject to mandatory arbitration. This means that, if you have a problem with your employer, you are obligated to fight them alone, whether that problem is based on lost wages, discrimination, or even sexual harassment. And with this ruling, we can expect mandatory arbitration to increase–despite a vigorous push in Silicon Valley and Hollywood to curb the practice (along with nondisclosure agreements, which employers wield for similar ends).
Yesterday’s decision is of great concern to the #MeToo movement in particular, which at its core is about finding strength through shared oppression and driving change through shared action. Most workers don’t have the means to go to war with their employers alone–which makes Ingrid Avendaño, who earlier this week became the first former Uber employee to sue the company for discrimination after it ended forced arbitration amid intense public pressure, a laudable outlier. Lawsuits are expensive, and a simple cost-benefit analysis makes it difficult for many would-be plaintiffs to find a reason to fight in the first place.
https://www.fastcompany.com/40576069/in-america-corporations-get-to-be-people-but-workers-dont
- Why Do Some People Choose to Work Past 70?
A study conducted by Oregon State University showed that working past the age of 65 can help you live longer.
The OSU researchers found that working just one extra year (to 66) gave healthy adult respondents an 11 percent lower risk of death from all causes, including demographic, lifestyle and health issues. Not to stop there, the study also warned that retiring early might be a risk factor for early death.
Also:
As a general rule, most financial planners will recommend that you save enough to last 25 years after retirement. Meaning, if what you have left after spending your income (including Social Security and pension) is $30,000 per year, the rule suggests that you put away $750,000 for your retirement.
- How to stay calm under pressure
- How to get back on track when you’re having an unproductive day
It’s funny–it’s easy to be unproductive when you have too much to do. Feeling overwhelmed leads to prioritizing inefficiently (or not prioritizing at all), and trying to accomplish too much. When you feel stressed by your to-do list, you’re more likely to mismanage your time or even just give up. If everything is urgent and needs to get done today, you can feel paralyzed.
When this happens, stop. Take a step back and take another look at your to-do list. Identify what items absolutely have to be accomplished that day. Chances are, this whittles down your list significantly, making it feel a lot more manageable. By simply taking some of the pressure off yourself, you’re more able to focus and be productive.
https://www.fastcompany.com/40579081/how-to-get-back-on-track-when-youre-having-an-unproductive-day
- ‘You’re Stupid If You Don’t Get Scared’: When Amazon Goes From Partner to Rival
“On top of everyone’s mind is this black-widow behavior,” said Bill Richter, chief of Qumulo Inc., a Seattle startup that offers data storage and management on Amazon’s system. Amazon doesn’t compete with his company, but every year, he said, “we pray there’s not some big announcement” of an Amazon service that will.
There is growing concern in Washington and abroad about the dominance of giant tech firms such as Alphabet Inc.’s Google and Facebook Inc. Amazon, too, has come under attack from right and left. President Donald Trump in March tweeted that it is “putting many thousands of retailers out of business!” Sen. Bernie Sanders in an April Facebook post raised concerns about Amazon’s “extraordinary power and influence.”
Photo by Jordan Donaldson | @jordi.d on Unsplash