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Wednesday, April 19, 2023

5 Strategies for BIPOC to Negotiate Equitable Pay

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5 Strategies for BIPOC to Negotiate Equitable Pay  

Despite all the research, advice, and efforts doled out to lessen and close the pay gap, the earning differential for people of color persists. Marginalized groups face biases during wage negotiations and receive lowball offers that put them at disadvantage and create a huge racial wealth gap. AAPI women, for example, working full-time, are still typically paid just $0.85 for every dollar paid to white men and they lose about $400,000 over the span of a 40-year career. If you’re a BIPOC currently facing this situation, there are strategies you can use to up your chances of getting the salary you deserve.

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Lessons on Customer Engagement from Fan Controlled Football  

Through blockchain technology that enables direct participation, the Fan Controlled Football league joins the physical sports and digital worlds to create a new, exciting fan experience. In doing so, the decentralized nature of the blockchain ensures that the FCF platform enables tamper-proof tracking of fan tokens used to participate in decision-making and other league-related activities. NFT holders, for example, can transact with each other and design and sell items in the team store. They have a blockchain-powered say in decisions about FCF such as league rules, game mechanics and expansion plans, and get early access to team share sales to purchase real ownership shares. This article explores how other companies can better engage consumers through Web3 technology.

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3 New U.S. Employment Regulations That Companies Should Prepare for Now  

In 2023, company leaders will have to address new regulations and laws in three areas — noncompete clauses, pay transparency, and human capital disclosures — that have far-reaching implications that company leaders may not have fully grasped. How these changes will play out is far from clear, but the time to start thinking about them is now. The author presents several ways to view the coming changes as an opportunity to think deeply about their talent strategy and turn these regulatory developments to their advantage.

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What You Don't Know About Chicago  

Chicago is ditching its reputation for crime, and becoming boss of the business world.

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S13
Learn How to Speak GPT  

Why "speaking GPT" will matter, whether you employ AI technology or not.

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How Today's Young Professionals Should Grow: An Interview with Ayala Chairman and CEO  

Jaime Augusto Zobel de Ayala currently serves as chairman and chief executive officer (CEO) of Ayala Corporation, the oldest major conglomerate in the Philippines. In addition to his position in the Ayala Corporation, Zobel is also the chairman of Globe Telecom and Bank of the Philippine Islands. He has won many accolades, such as the Presidential Medal of Merit in 2009, Best CEO in 2010 by Finance Asia, and the CNBC Asia Business Leader Award in 2010, to name a few. In 2017, Zobel was the first Filipino and Southeast Asian business leader to be named by the United Nations Global Compact as one of the 10 Sustainable Development Goals (SDG) Pioneers. Zobel succeeded his father as the chairman and CEO of Ayala corporation in 2006. In this interview with HBR Ascend, Zobel spoke about his education, how that impacted his career, and working in a family business and gave some sound advice for young people who will be joining their family business. He also shared some great advice for young professionals who are starting out in their careers.

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S19
Stop Neglecting Low-Wage Workers  

Many people blame the shortage of low-wage workers on the enduring impact of the pandemic. But management professor Joseph Fuller and senior researcher Manjari Raman of Harvard Business School say that the real reason has been long in the making. Their studies show that companies view low-wage workers as people who will be in the job only for a short time. Instead, the researchers find that these employees are loyal and want development and a clear path to career advancement. The researchers share practical suggestions for how leaders and managers can do better in hiring, development, and mentoring. Fuller and Raman wrote the HBR article “The High Cost of Neglecting Low-Wage Workers.”

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A Credit Crunch Comes for Small Businesses--Cue the Alternative Lenders  

The collapse of Silicon Valley Bank sent depositors reshuffling their funds. The result: Traditional lenders have dialed back their credit lines, forcing entrepreneurs to get creative.

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S1
3 Core Principles of Digital Customer Experience  

Successful businesses focus on three core principles of their customer experience: They put the digital experience in the business context. They recognize that customers are not created equal. And they make zero-based decisions. Continuous improvement is fine, but it’s important to be willing to think from first principles, and to re-examine and justify what you are doing and what you could do differently. This helps ensure that the digital roadmap is prioritized and focused on the highest impact actions.

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6 Steps Animators Can Succeed In Entrepreneurship  

Floyd Norman, John A. Davis, and Arthell Isom share their advice for entrepreneurs entering animation.

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Don't Let Anxiety Sabotage Your Next Presentation  

When all eyes are on us, we feel more exposed. Our flight-or-fight instincts kick in, and we do what’s natural to protect our well-being. If we experience social anxiety, we may avoid eye contact or hide behind a podium. If we don’t want to be addressed directly, we may even create a never-ending PowerPoint deck.

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S15
Use pictures to avoid boring PowerPoint presentations  

A picture is worth a thousand words--and 32 trillion gallons of water.

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S8
Why Living a Balanced Life Is a Myth  

Greatness doesn't come from balance.

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Online sports betting in South Asia has a new target: Archery  

Every day at 3 p.m., Bankur Goswami’s phone starts buzzing nonstop with payment alerts. These money transfers — that come through apps like Google Pay, Paytm, or WhatsApp — are for betting on teer, an archery game popular in India’s northeastern state of Meghalaya. Goswami is one of around 5,000 licensed teer bookies in Meghalaya, and has been in the business for over 25 years.Though archery has been a tradition among the Khasi people of Meghalaya for centuries, teer betting started somewhere around the early 20th century. The sport involves a group of archers shooting teer — “arrows” in Hindi — at stacks of straw. It’s played every evening at the Polo Ground — not too far from Goswami’s betting counter. There are several ways to place bets, one of which is to pick a two-digit number — also the last two digits of the total number of arrows that must hit the stacks to win the bet. For example, if someone bet on the number 47, and the archer landed 247 arrows, they’d win the bet. 

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S11
How to Cope When an Investor Rejects You  

If you follow these steps, getting a no from an investor could be a gift.

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How an objective measure of pain could counter bias in medicine  

How much does it hurt? You might think it's one of the simplest questions in health and medicine. But in fact, it can be a remarkably difficult question to answer objectively.Consider a doctor who has two patients who are grimacing and using similar words to describe their pain. Can the doctor be sure they are experiencing similar levels of pain? What if one habitually underestimates their suffering? What if one has been in pain for a long time and grown used to it? And what if the doctor has certain prejudices that mean they are more likely to believe one patient than the other?

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15 Great Deals on Cameras, Home Goods, and Outdoor Gear  

This week we've got deals to help spruce up your home, trick out your photography setup, or get outside and actually use that photo gear. Be sure to check out our Deals page for more of our favorite gear at discounted prices.  Special offer for Gear readers: Get a 1-year subscription to WIRED for $5 ($25 off). This includes unlimited access to WIRED.com and our print magazine (if you'd like). Subscriptions help fund the work we do every day.

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A New Kind of Symmetry Shakes Up Physics | Quanta Magazine  

The symmetries of 20th century physics were built on points. Higher symmetries are based on one-dimensional lines.It's not an exaggeration to say that every major advance in physics for more than a century has turned on revelations about symmetry. It's there at the dawn of general relativity, in the birth of the Standard Model, in the hunt for the Higgs.

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S28
How Shame Helps Build Office Culture  

Feelings of shame are so overwhelmingly negative that they act as a positive force for setting social norms and behavior. In her latest research, Wharton’s Rebecca Schaumberg explains why managers should pay closer attention to shame.The young analyst at a financial firm was so proud of himself that he boasted to his co-workers about what he had just done. Needing an answer to a pressing question, he’d sent an email inquiry directly to someone in the C-suite for help.

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S18
Why You Should Start A/B Testing Your DEI Initiatives  

Although DEI initiatives are increasingly common today, few companies actually bother to test their efficacy. In this article, drawing on their experience as academics and consultants who have studied the issue extensively, the authors describe the benefits of targeted A/B testing for DEI initiatives, cite company examples that they’ve been involved with, and offer practical guidance for companies interested in doing testing of their own.

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S3
What Happens When Your Career Becomes Your Whole Identity  

Many people with high-pressure jobs find themselves unhappy with their careers, despite working hard their whole lives to get to their current position. Hating your job is one thing  –  but what happens if you identify so closely with your work that hating your job means hating yourself?Psychologists use the term “enmeshment” to describe a situation where the boundaries between people become blurred, and individual identities lose importance. Enmeshment prevents the development of a stable, independent sense of self. While identifying closely with your career isn’t necessarily bad, it makes you vulnerable to a painful identity crisis if you burn out, get laid off, or retire. Individuals in these situations frequently suffer anxiety, depression, and despair. By claiming back some time for yourself and diversifying your activities and relationships, you can build a more balanced and robust identity in line with your values.

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S10
Election Spending Has Become a Waste of Money. Only Advertising is Worse.  

Chicago's recent mayoral election demonstrates how broken the system is. Meanwhile, there's no market too small to dissuade Big Pharma from massively advertising its wares.

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The Best Kindles to Take Your Library Anywhere  

If you buy something using links in our stories, we may earn a commission. This helps support our journalism. Learn more. Please also consider subscribing to WIREDWe love Kindles here at WIRED. They're simple, reliable, and perfect at what they do—in one palm-sized device, you can bring thousands of books with you to the park or mountain, and they get a month of battery life per charge. You can subscribe to get unlimited books from Amazon or get free books from your local library (more on those below). But what's the best Kindle? Our guide will help you decode the differences.

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Want More Out of Generative AI? Here Are 9 Useful Resources  

The recent wave of generative artificial intelligence services, from ChatGPT to Midjourney, are designed to be simple to use: The idea is that anyone can produce text or images using natural, non-technical language. There's a low barrier to entry.That said, there's still a lot to learn about how to get the most out of these tools and about the technology underpinning them, especially if you want to do something truly creative with the help of these tools. Spend some time with the resources we've listed here and you'll quickly become a smarter-than-average AI operator.

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