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NextGen Magazine

 
 

Latest Articles

  • Report: Wealth of Young Americans Has Grown by 49% in Past Four Years

    By:
    Ruth Singleton
    |
    Apr 30, 2024

    The average wealth of households with Americans under 40 has grown by 49 percent since the fourth quarter of 2019, according to a recent study, using Federal Reserve data. The study found that the average wealth of these households grew from $174,000 to $259,000 between the fourth quarter of 2019 and the fourth quarter of 2023, an increase of $85,000.

  • Borrowers Must Meet April 30 Deadline to Apply for Certain Student Loan Relief

    By:
    S.J. Steinhardt
    |
    Apr 26, 2024
    Many student loan borrowers have until April 30 to apply for a full student loan cancellation or more credit towards cancellation under a U.S. Department of Education one-time adjustment.

  • DOL Rule Expands Overtime Pay Eligibility for Millions

    By:
    S.J. Steinhardt
    |
    Apr 25, 2024
    Millions more salaried workers will be eligible for overtime pay under a new rule finalized by the U.S. Department of Labor.

  • U.S. Census Bureau: New York State Ranks 20th in Cannabis Tax as Percentage of Revenue

    By:
    S.J. Steinhardt
    |
    Apr 22, 2024
    New York is far behind states such as Washington, Alaska, and Colorado when it comes to bringing in tax revenue from the legal sale of cannabis in the last quarter of 2023.

  • Fed Survey: Lowest Average Salary Americans Would Change Jobs for Reaches Record High

    By:
    S.J. Steinhardt
    |
    Apr 19, 2024
    A Federal Reserve survey has found that job seekers have higher salary expectations than they have had in years. The lowest average pay that Americans would be willing to accept in a new job reached $81,822 as of March, a new series high since 2014.

  • First Cohort in Pilot Program Offering Alternative Path to 150 Finishes up First Year

    By:
    S.J. Steinhardt
    |
    Apr 18, 2024
    The 38 students currently enrolled in the Experience, Earn & Learn (ELE) pilot program offered by the AICPA and the National Association of State Boards of Accountancy (NASBA)  are finishing their first year. Launched in January, the ELE program provides an affordable way for accountants to complete the additional 30 academic credits to take them to the required 150 credit hours while earning a wage and gaining experience at a firm.

  • Career Experts: TikTok Layoff Videos Can Be Risky

    By:
    S.J. Steinhardt
    |
    Apr 17, 2024
    Fired and laid off workers have recently been posting stories of their sudden unemployment on TikTok. Many of them have gone viral, resulting in outpourings of support. But when it comes to recording and sharing a video about one’s layoff or firing, career experts advised caution,

  • How Managers Can Avoid Letting Their Egos Get in the Way of Effective Leadership

    By:
    S.J. Steinhardt
    |
    Apr 16, 2024
    Some business leaders employ a variety of coping styles to counteract feelings of imposter syndrome, resulting in “executive ego dysfunction," according to one strategy consultant. They can become perfectionists, rugged individualists, experts or superheroes. But such coping style—driven by a need to be right—can get in the way of effective leadership and transformation efforts. There are other ways to achieve positive results.

  • Gen Zers in the Workplace Seek Productive Feedback Rather Than Just Criticism

    By:
    S.J. Steinhardt
    |
    Apr 12, 2024
    As members of Generation Z becomes a larger part of the workforce—more than 32 percent by 2032, according to the U.S. Bureau of Labor Statistics—they are changing many workplace norms, one of them being how they receive criticism.

  • AI Could Replace Mundane Tasks, As Well As Jobs, on Wall Street

    By:
    S.J. Steinhardt
    |
    Apr 11, 2024
    So-called “grunt work” done by junior-level analysts in financial services as they begin their careers can be replaced by generative artificial intelligence (AI), and that raises questions for the future of the industry.
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