Wealth of Elon Musk
2012: $2 billion
2024: $277 billion
Wealth of Jeff Bezos
2012: $18 billion
2024: $211 billion
Wealth of Mark Zuckerberg
2009: $2 billion
2024: $203 billion
U.S. Federal Minimum Wage
2009: $7.25
2024: $7.25
AOL - In a survey conducted by Randstad, a global human-resources consultancy, a whopping 42% of respondents in the United States said they don't want a promotion because they're happy where they are. That was higher than in countries that are known for being more laid back about work, like Italy, Spain, and New Zealand. Maybe that's why earlier this year, a young New Yorker struck a chord on TikTok when he vowed to "descend the corporate ladder." "Some people want to be a manager, and that's OK," he said. "Everyone deserves the opportunity to get chewed out by the CEO directly. But the only team I want to be responsible for is my plants."
The shift away from career advancement is bewildering for bosses, who fought so hard to ascend the ranks themselves. Take Dell, whose executives thought they came up with an ingenious plan to get everyone back into the office. If employees didn't come in at least three days a week, the company announced in February, they would be ineligible for a promotion. The response from Dell's workforce was a collective shrug. Months after the directive, nearly half of employees were still remote, apparently happy to remain in their current roles as long as they could keep working from home. It was a clear sign that in 2024, promotions just aren't the incentive they used to be.
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