The Career Contessa website recently launched The Salary Project, a database to compare salaries within your industry and receive a personalized salary review service. Lauren McGoodwin, Founder and CEO of Career Contessa joins Your Cheddar to discuss why she feels salary transparency would create an equal work environment.
McGoodwin believes salary transparency can create more of an open dialogue when it comes to closing the gender pay gap. Also, seeing what managers or superiors make could encourage employees to work harder to move up the food chain.
Plus, how can you negotiate a salary you believe your skills deserve? McGoodwin says to make sure you know the difference between your self-worth and your net-worth. You can't make it personal when you don't get a raise. Your employer is paying you based on the skills you have, not the person you are.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
The Russian company said in a statement that the Commerce Department's decision would not affect its ability to sell its cybersecurity products in the U.S.
