Kelly Anderson

New York City law firm Milbank LLP made headlines earlier this month when it announced that junior lawyers will make more than $200,000 in their first year of work. The decision marks the latest pay increase among elite law firms and is part of a broader trend in rising compensation for entry-level employees at top white-collar jobs. Investment banks, management consultancies and other selective companies are increasing pay for recent college graduates in an attempt to win over talent and retain young employees despite growing concerns over the demanding nature of corporate work culture, according to employment experts. Apollo Global Management, a private equity firm based in New York City, decided in March to offer retention bonuses of up to $200,000 to junior associates—who already earn a starting salary of $450,000—amidst complaints of long hours and intense workload, according to Business Insider. Bank of America and Credit Suisse announced plans this spring to increase junior bank...

Misinformation about COVID-19 vaccines has proliferated across the Internet in recent months, with false rumors about dangerous side effects, surveillance and other conspiracies. The rise in false information about vaccines has had a marked impact on vaccination rates, with 1 in 4 Americans saying they are not planning to get vaccinated. Vaccine conspiracies can cause disturbances in the workplace, especially if employees are sharing misinformation or condemning employees who have chosen to get vaccinated. "It's distracting to others, and it has a real impact to some on their actions around the vaccines," said Elisabeth Joyce, vice president of advisory in the HR practice of Gartner, a research firm based in Stamford, Conn., that provides human resource consulting. Joyce said disputes over vaccines or company policies requiring employees to get vaccinated should be handled like other workplace disagreements, rather than treating them as a health or safety issue.  "I ...

 If you've found it harder to find ketchup for your burger or wood to build that deck you've always wanted, there's a reason. A combination of factors, including the global pandemic, severe winter storms and a hacking incident have caused massive disruptions to U.S. supply chains this year. The result is new shortages of some items, continued scarcities of others and rising prices. Leanne Greer, 50, is seeing this play out at the gas pump. She recently drove to three gas stations before finding a place to fill up near her home in Canton, Georgia. People concerned about gas shortages have flocked to the pumps, making the situation worse. "I think if people were just acting normal, this wouldn't have happened,” says Greer, who saw lines of more than 50 cars at gas stations in her area. Here's a look at what's currently hard to come by and why. 1. Gas Thousands of gas stations across the Southeast shut down recently after a group of hackers launched a cyberatt...

Michael Alexis first noticed that a handful of his employees had moved to vacation destinations after several months into the pandemic. Alexis, who is the CEO of TeamBuilding, a game company based in Washington state, was enthusiastic about the flexibility offered by a virtual work environment, but soon encountered a slew of legal and tax challenges in employing workers across different cities, states and countries. "You need to know that even if your employee moved there and started working there and didn't tell you, you would still be accruing that liability," Alexis said. "It's very important to know where they are and what your responsibilities are as an employer." Alexis's employees are part of a growing number of workers choosing to relocate due to the flexibility of telecommuting. More than 1 in 10 Americans have moved during the pandemic, according to a survey from Zillow conducted online by the Harris Poll. The survey found that remote work was ...