All articles tagged with #job offers
Rich and powerful figures in NYC are backing Andrew Cuomo's mayoral bid with increased funding and efforts to help Mayor Adams find lucrative private sector jobs or government positions to encourage him to drop out, as Cuomo seeks to improve his chances against Zohran Mamdani in the upcoming election.
Bank of America will ask its junior bankers to disclose future private equity job offers and will reassign those who accept such offers, rather than firing them, as part of a broader industry effort to manage conflicts of interest and accommodate young bankers' career ambitions.
Bankers in the finance industry are being hit with "breakup fees" when they accept job offers and then decide to stay with their current employers. This practice, commonly seen in corporate takeovers, has now made its way to Wall Street, with a recent example being a nearly $10 million offer from Jefferies Financial Group Inc. to hire a rainmaker from Credit Suisse Group AG.
A tech worker, Brittany Pietsch, went viral on TikTok after posting her layoff by Cloudflare, receiving job offers and support for standing up for herself. Pietsch, 27, defended herself to HR, expressing frustration at being let go without a clear reason and criticizing the outsourcing of the task to HR. Cloudflare's CEO acknowledged the mishandling of the situation and emphasized the importance of managers being involved in such decisions. The video has garnered mixed reactions but has also led to job offers for Pietsch, showcasing the impact of her assertiveness.
Davis Polk, a prestigious law firm, has rescinded job offers to three students from Harvard and Columbia who led organizations that signed open letters criticizing Israel after the country was attacked by Hamas terrorists. The firm's chair and managing partner, Neil Barr, stated that the students' public statements were contrary to the firm's values and its commitment to a safe and inclusive work environment. Davis Polk is the latest employer to withdraw job offers to students linked to anti-Israel letters, following a series of similar actions by other companies. The backlash against Harvard has intensified after numerous student groups signed a letter blaming Israel for the violence.
Davis Polk, a top U.S. law firm, has rescinded job offers to three Ivy League students from Harvard and Columbia universities who signed open letters supporting Hamas against Israel. The firm's chair and managing partner stated that the statements in the letters were contrary to the firm's values and that rescinding the offers was necessary to uphold a safe and inclusive work environment. The decision has sparked reactions from other employers on social media, with some calling for the release of the students' names to avoid hiring them. Davis Polk's spokesperson emphasized that the views expressed in the letters were in direct contradiction to the firm's value system, leading to the withdrawal of the job offers.
Davis Polk, one of the world's largest law firms, has rescinded job offers to three law students from Harvard and Columbia universities who were involved in student groups that signed statements critical of Israel's role in the Israel-Hamas conflict. The firm stated that the students' support for these letters was contrary to its values and its responsibility to provide a safe and inclusive work environment. Other companies, including Winston & Strawn, Sweetgreen, and FabFitFun, have also stated that they would not hire students associated with these letters.
Davis Polk & Wardwell, a prestigious law firm in New York City, has rescinded job offers to three students from Harvard and Columbia universities after they signed controversial letters supporting Palestinians in the wake of the recent conflict with Israel. The firm cited the students' leadership positions in student organizations that blamed Israel for the attacks as contrary to its values. The students were affiliated with the Palestine Solidarity Groups at their respective universities. Another law firm, Winston & Strawn, also revoked a job offer to a former New York University student following a pro-Hamas column. Several business executives have endorsed a call to refuse to hire members of these student groups.
Davis Polk, a law firm, has rescinded job offers to three law students from Harvard and Columbia, citing their involvement in student organizations that issued statements on the Israel-Hamas war conflicting with the firm's values. This follows a similar incident where a New York University law student lost a job offer over a statement on Israel. Tensions have been high on college campuses since the Hamas attacks on Israel, with student groups issuing statements expressing their views. CEOs and investors have also called for the release of the names of students involved in these statements, while tech leaders have withdrawn from a European conference due to criticism of Israel by the summit's CEO.
Davis Polk & Wardwell, a law firm, has rescinded job offers to three law students from Harvard and Columbia, citing their involvement in student organizations that issued statements on the Israel-Hamas war conflicting with the firm's values. This follows a similar incident where a New York University law student lost a job offer over a statement on Israel. Tensions have been high on college campuses since Hamas launched attacks on Israel, leading to counterattacks by the Israeli Defense Forces. CEOs and investors have called on Harvard to disclose the names of students involved in the statements, and tech leaders have withdrawn from a European conference after the CEO criticized Israel.
Law firm Davis Polk & Wardwell has revoked job offers to three law students from Harvard and Columbia universities who signed public statements supporting Palestine in the wake of Hamas' attacks in Israel. The firm's managing partner stated that the statements were contrary to the firm's values and its responsibility to provide a safe and inclusive work environment. Davis Polk is in dialogue with two of the students to consider additional information, potentially allowing them to be reinstated. This decision follows a similar move by Winston & Strawn, which rescinded a job offer to a former NYU student who made anti-Israel comments.
Tiffanie Boyd, McDonald's senior vice president and chief people officer for the U.S., advises people to ignore the common career advice of only pursuing jobs they love. She suggests that taking a job offer, even if it's not your dream job, can open doors for your career by providing opportunities to learn new skills, explore new cities, and meet valuable mentors. Boyd recommends making a pros and cons list to evaluate job offers based on the potential for personal growth and alignment with long-term career goals. However, if a job offer poses significant risks to finances, relationships, or mental health, it's not worth pursuing.
Companies are reducing or postponing their hiring of M.B.A. graduates this fall, marking a significant departure from previous years' robust recruiting seasons. Business students are now considering alternative career options if top-tier companies do not extend job offers.
The Federal Reserve Bank of New York's Center for Microeconomic Data released the July 2023 SCE Labor Market Survey, revealing a decline in the proportion of job seekers compared to a year ago. Satisfaction with wage compensation and nonwage benefits improved, while the average expected likelihood of receiving a job offer in the next four months declined and the average expected likelihood of becoming unemployed increased. The survey also showed an increase in the average expected wage offer and reservation wage. Transitioning to a different employer increased, while the proportion of individuals searching for a job decreased.
Turning down a job offer can be done gracefully by following these five tips. Respond promptly, express gratitude for the opportunity, provide a brief explanation, be professional and polite, and offer to stay in touch. By communicating in a respectful and concise manner, you can decline the offer without burning bridges and maintain a positive long-term professional relationship.