The 20,000 Steps to a Walmart Manager's Six-Figure Salary
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Explore "compensation" with insightful episodes like "The 20,000 Steps to a Walmart Manager's Six-Figure Salary", "Hidden car finance commission scandal: are you one of millions owed £1,000s?", "Evening Briefing Monday 19th February", "Doctors vs. Bankers" and "Evening Briefing Friday 9th February" from podcasts like ""The Journal.", "The Martin Lewis Podcast", "Times news briefing", "The Wall Street Skinny" and "Times news briefing"" and more!
This week on the podcast, Martin has been doing some investigating – and millions of people are owed some serious cash in car finance repayments. He shares his step-by-step guide of how to find out if you're one of them. Martin has also been looking at whether you actually are being held in a queue when you call a customer service number. Plus, hear some of the money saving tips that listeners have picked up along the way, that might just help your wallet too. Martin Lewis is the founder of Money Saving Expert, but other sites exist.
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Many ambitious young people (Kristen included) consider pursuing a number of prestigious careers outside the financial services industry, and medicine often tops the list. Today we are joined by two incredibly accomplished doctors --- Dr. Bella Avanessian, a board certified plastic surgeon with a focus on gender affirmation, and Dr. Nisha Narayanan, a pediatric ER doctor, double board certified in pediatrics and pediatrics ER. --- to get an in depth understanding of the educational path, the costs, the compensation, the sacrifices, and the payoffs of becoming a doctor in America.
We talk about the tough choices facing young people considering a career in medicine and the resulting brain drain out of the field. Part 1 of a two-part series where we will subsequently explore the field of Healthcare PE, this is a must-listen episode for anyone curious to understand the role of doctors in the American healthcare system.
Dr Bella Avanessian is a board-certified plastic and reconstructive surgeon who specializes in gender-affirming surgery. She is an Assistant Professor of Surgery at Mount Sinai in New York. She received a BS in biomedical engineering and her medical degree from Brown University. She completed her residency training in Plastic & Reconstructive Surgery at Brown University/Rhode Island Hospital. She then trained as the inaugural fellow in the nation’s first Transgender Surgery Fellowship at Mount Sinai. She is a member of the Alpha Omega Alpha (AOA) Medical Honor Society, American Society of Plastic Surgeons (ASPS), and the World Professional Association for Transgender Health (WPATH).
Dr. Nisha Narayanan specializes in pediatric emergency medicine. She is an Assistant Professor of Clinical Emergency Medicine and Clinical Pediatrics at New York Presbyterian- Weill Cornell Medicine. After receiving her B.A. from the University of California, Berkeley, she obtained her medical degree at the George Washington University School of Medicine with a concentration in Health Policy. She completed her pediatrics residency at the University of California, Irvine- Children’s Hospital of Orange County and subsequently completed a fellowship in pediatric emergency medicine at the New York University School of Medicine- Bellevue Hospital Center.
Dr. Narayanan is the co-founder of Team Kid Power, an international non-profit that promotes pediatric cardiometabolic health in underserved communities. She is the primary investigator of a multi-site, school-based academic-community intervention to help implement diet and exercise policy in underfunded schools. She has received numerous awards for her work.
Dr. Narayanan has co-authored more than 15 publications and book chapters. Her interests include community engagement, health policy, child abuse, and quality improvement.
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The past few years have been pretty wild for anyone working in credit, the business of selling and trading corporate debt. First you had the pandemic, which changed working patterns across Wall Street. Then you had a surge in deal activity that had everyone working overtime to meet demand. Meanwhile, private credit's been booming and is now competing with banks' cash cow businesses of selling bonds and leveraged loans. And finally, everyone is wondering how long the credit space can withstand higher interest rates, and how frothy the underlying deals actually all. High Yield Harry, an anonymous social media account, has been chronicling it all -- making memes out of junk bond offerings, and cracking jokes about conversations with investment committees. In this episode, he talks about his experience working in both private and public credit, what it's like to run an anonymous FinTwit account, and the outlook for bonuses this year. High Yield Harry's voice is concealed in this episode to preserve anonymity.
See omnystudio.com/listener for privacy information.
Jason chats with Scott Orn about founder salaries, discussing the trade-offs of starting a company, the importance of board-approved salaries, and equity. They also address gender disparities in founder salaries, managing personal expenses, and investor expectations.
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(0:00) Scott Orn joins to discuss founder salaries
(2:25) Trade-offs of starting a company and how salaries increase with funding
(4:41) Role of builder founders and dangers of underpaying oneself
(8:05) Transitioning into entrepreneurship and managing side hustles
(10:03) Importance of board-approved founder salaries and discussing equity
(13:05) Gender disparities in founder salaries and efforts to close the gap
(15:52) Managing personal expenses and company accounts
(17:05) Leading by example and salary distribution within a company
(20:26) Investor expectations and high-value employees earning more than founders
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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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The opioid epidemic has been one of the biggest public health disasters in generations. The drug company at the heart of the crisis, Purdue Pharma, maker of the prescription painkiller OxyContin, agreed to a multibillion-dollar deal to settle thousands of claims against it — but that agreement would also grant the family behind the company, the Sacklers, immunity from additional civil lawsuits.
Justices are now set to rule whether that settlement was legal. Abbie VanSickle, who covers the Supreme Court for The Times, explains what a decision either way could mean for the victims and for the people responsible.
Guest: Abbie VanSickle, a Supreme Court correspondent for The New York Times.
Background reading:
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Part II of our conversation with Cameron Boland and Kate Kourlis from executive recruiting firm GoBuyside. Our focus shifts to off-cycle recruiting for private equity firms and hedge funds. We discuss strategies for navigating your search for your next career, identifying opportunities that set you up for success, do's and don'ts for negotiating the offer, and how recruiters are incentivized to help you succeed. We also tackle the CRITICAL listener question of: what do I need to know if I'm an international applicant and not a US citizen?
Cameron Boland is the President of GoBuyside, and Kate Kourlis is the Executive Director of Business Development. GoBuyside is a community of professionals in the financial services industry. GoBuyside connects employers with top-tier talent, streamlining the hiring process and ensuring access to great candidates for exceptional roles.
To explore GoBuyside's platform, please visit GoBuyside.com
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This Week in Startups is brought to you by…
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Today’s show:
Sunny Madra and David Sacks join Jason to break down all the chaos of the past few days at OpenAI including why the situation is so unprecedented (17:46), the board’s failure (30:18), the impact on startups (43:34), and much more!
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Time stamps:
(0:00) Recapping the chaotic past few days at OpenAI plus some immediate impacts from the fallout
(16:43) NetSuite - Download your free KPI Checklist at http://netsuite.com/twist
(17:46) David Sacks joins the show and explains why this situation is so unprecedented in Silicon Valley
(28:51) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups
(30:18) How the board could have handled this better, Sam Altman's misaligned incentives packages (or lack thereof)
(37:14) Silicon Valley's battle-tested standard structure, and why you shouldn't innovate on corporate structure
(42:20) Brave - Try the Brave Search API at http://brave.com/jason
(43:34) Impact on startups reliant on OpenAI's models, a brutal momentum killer for OpenAI
(50:39) Predictions: Return of the King? Mass Exodus? Something else?
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Follow Sacks: https://twitter.com/DavidSacks
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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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You've come across a job that ticks all the boxes, except for one important detail - the posted salary range doesn't align with your expectations. It's a situation that requires careful consideration, and we're here to help!
We get it - finding a job that aligns with your skills and aspirations is exciting. But when the salary range falls short, it's natural to feel a bit torn. In this episode, we'll guide you through working out if you should go ahead or politely excuse yourself. We talk about the RAW numbers and how long it could take you to get to the salary you want if you start a bit lower. If you’re tossing up the priority of salary, this episode will give you plenty to think about!
🏀 Shoot Your Shot - Shoutout to Yischa “Hi ladies! I happened upon an internal job opportunity with my company that would be a completely different path and in a moment of temporary insanity, decided to toss my hat in the ring. I created a resume (I grew into my current role from a very entry level position over the past 12 years) and hit submit. When I received a callback for an interview I panicked. That’s when I found your podcast. You guys have held my hand through 3 very nerve wracking interviews. You spoke to my imposter syndrome, helped me hone in on my strengths and gave me the confidence to ask for the job. I received a call with the offer today. Thank you both, for helping to empower others and being a positive light in this world. I will absolutely recommend your podcast to others. Cheers!”
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Last year, consumers around the country experienced an explosion in the price of eggs, in part due to an outbreak of avian flu. Since then, egg prices have come back down to more normal levels. But what did we learn from that outbreak? What could we do better? And how can we mitigate further the economic impact of such waves? On this episode, we speak with Delaware Senator Chris Coons, the co-sponsor of proposed legislation to change how the USDA compensates farmers when the next outbreak comes. We discuss why this is an important topic for the poultry farming community, how insurance works right now, and lessons from the last outbreak.
See omnystudio.com/listener for privacy information.
Jon Stewart covers the first of many legislative setbacks in providing funding for 9/11 Responders’ health care services via the James Zadroga 9/11 Health and Compensation Act. While Senate Republicans filibuster the Zadroga Bill, tax cuts are passed for the wealthy while America’s news channels are beat to reporting the story by Al Jazeera. Jon is joined by 9/11 responders Kenny Specht (FDNY), Chris Bowman (NYPD), Ken George (DOT), and heavy equipment operating engineer John Devlin for their reactions and insights on the issue.
See omnystudio.com/listener for privacy information.
A new investigation for The Sunday Times finds that unnecessary operations happen every year in private hospitals. And when that happens and patients try to get justice, they can find it impossible to get compensation. With NHS waiting lists thrusting more and more patients into the private provision, it begs the question: can we trust private hospitals?
This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: thetimes.co.uk/storiesofourtimes.
Guest: Shaun Lintern, Health Editor, The Sunday Times.
Host: Luke Jones.
Clips: Sky News, 5 News, ITV, BBC.
If you've been affected by subjects raised in this podcast, you can contact the National Suicide Prevention hotline at 0800 689 5652.
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With recent landmark legislation being passed around salary transparency, many companies are playing catch up as they interpret and implement changes.
In this episode, members of the a16z People Operations team, Shannon Schiltz and Brandon Cherry explore how companies can best prepare themselves to not just survive, but thrive in this new environment.
Topics Covered:
00:00 - Salary transparency legislation
01:52 - The culture around pay transparency
03:39 - What is the legislation?
07:01 - How are companies reacting?
11:03 - Structuring a compensation philosophy
12:30 - Pay ranges
15:35 - Exceptions to the pay range
18:17 - Leveling staff
22:30 - Ranges and roles and company growth
28:24 - Location based pay
30:05 - What should employees look for when applying for work?
32:19 - Job postings
35:05 - Reviewing compensation ranges
35:42 - At what stage do you hire help?
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Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.
Movie and TV productions have come to a nearly complete stop in Hollywood. Both the Screen Actors Guild and the Writers Guild of America are on strike, with the latter having halted work for the major studios over three months ago. What brought the industry to this point? What do the two opposing sides want? And how do these strikes fit into other labor actions that we're seeing this summer? On this episode, we speak with Lucas Shaw, entertainment reporter at Bloomberg and the author of the Screentime newsletter, as well as Josh Eidelson, a labor reporter for Businessweek and Bloomberg News, about what's going on with the strikes right now, what both sides are looking for, and the prospects of a resolution.
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