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orbemnews · 3 years

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Let’s Talk Policy Top policymakers and business leaders will assemble virtually next week for the DealBook DC Policy Project, to discuss the future of politics, the economy, markets and more. Register here to join us, from anywhere in the world, free of charge. Policy prescriptions With a new administration in place in Washington, the real work — and debate — about policy priorities begins in earnest. We’ve assembled some of the most influential players in that conversation to join us as part of a two-day event, the DealBook DC Policy Project, that starts on Monday. Between a health crisis and a related economic downturn, there are crucial policy questions about the way forward. And it’s not just about the stimulus needed to reboot the economy in the short term, but the policies necessary to create a sustainable and durable recovery. Everything from taxes to labor, trade, competition and markets is on the table. This project began in December with a series of round-table conversations with experts about climate policy, U.S.-China relations, the future of capitalism and more. Starting on Monday, we’re going to drill down on specifics with a series of decision makers to understand how they think about the most pressing challenges we face. My hope is that there will be lessons to take away from the sessions that advance the national conversation and make us all think a bit more deeply about our role in creating solutions. The agenda is below. I hope you can join us. Monday, Feb. 22, 9 a.m. – 9:30 a.m. Treasury Secretary Janet Yellen on the road to recovery The path out of the pandemic is paved with debt. On top of the $1.9 trillion economic aid plan that is working its way through Congress, the White House is raising the prospect of another big spending package focused on infrastructure. Although the economy is recovering faster than expected, it remains fragile and uneven. Navigating this path is Janet Yellen, the former Federal Reserve chair who took over as Treasury secretary last month. She faces pressure to reduce the deficit that ballooned during the worst of the pandemic downturn and to address fears that aggressive spending could stoke inflation as pent-up demand is unleashed. In addition to getting the economy back on its feet, Ms. Yellen’s to-do list includes reviewing the deregulation of Wall Street under former President Donald J. Trump, resetting U.S. trade relations and incorporating inclusivity, the climate and other priorities into policymaking in a more comprehensive way than has been attempted before. Further reading: “The Daily” did a deep dive on Ms. Yellen’s biography, and how her background informs her thinking about why “the smartest thing we can do is act big,” as she said at her confirmation hearing. Monday, Feb. 22, 2:30 P.m. – 3 P.m. Attorney General Letitia James of New York on the power of accountability Letitia James has more high-profile cases and investigations on her plate today than most lawyers will manage in a lifetime. The way she uses her power also highlights how states can shape national policy. The New York state attorney general sued Amazon this week, accusing it of failing to protect warehouse workers amid the pandemic, undaunted by the company’s pre-emptive suit to block the charges. Her recent inquiry into nursing home deaths exposed the fact that New York had severely underreported the numbers. Her office is also taking on the New York Police Department over its handling of racial justice protests last year and is investigating fraud in Donald Trump’s business dealings in a civil suit that may become a criminal matter. She is suing the National Rifle Association and its leadership over claims of misconduct. She is leading a coalition of state attorneys general taking on Facebook, accusing the tech giant of illegally crushing competition. And yesterday, she also joined with other A.G.s to urge Congress to cancel federal student loan debt in the name of consumer protection. And that is just the short list. Further reading: When Ms. James was elected in 2018, she shattered a trio of racial and gender barriers: the first woman in New York to be elected attorney general, the first Black woman to be elected to statewide office and the first Black person to serve as attorney general. Monday, Feb. 22, 3:30 P.m. – 4 P.m. Ed Bastian of Delta on the future of travel Last year was “the toughest year in Delta’s history,” according to Ed Bastian, the airline’s chief executive. The carrier reported a loss of more than $12 billion as travel ground to a halt during the pandemic. But unlike its rivals, Delta has been able to avoid mass furloughs, and it turned down a bailout loan, opting instead to raise money by tapping its loyalty program. In addition to feeling the pandemic’s economic effects, the airline industry is at the center of health policy debates, like one over making masks mandatory, which airlines have welcomed, and another over requiring coronavirus tests before travel, which they have resisted for domestic flights. The industry over all is shedding more than $150 million each day, and it won’t turn around meaningfully until high-margin business travel picks up. But some experts say corporate travel may never fully recover, with in-person meetings permanently replaced by video conferences. Further reading: “Leadership is not a popularity contest,” Mr. Bastian told our Corner Office columnist, in a wide-ranging interview about managing the company through booms and busts. Monday, Feb. 22, 4 P.m. – 4:30 P.m. Steve Ballmer of USAFacts on stimulus by the numbers Since stepping down as Microsoft’s chief executive in 2014, Steve Ballmer has kept busy as the N.B.A.’s most energetic team owner. He has also founded USAFacts, a nonprofit group dedicated to presenting crucial data about the United States in easy-to-read formats. The idea behind the group, whose projects include a yearly scorecard for the U.S. modeled on corporate annual reports, is to give Americans the important facts about their government that they need to make informed political decisions. Working with academics and other experts, Mr. Ballmer’s group aims, in his words, to “figure out what the government really does” with taxpayers’ money. Further reading: Where $3.4 trillion in economic relief — the equivalent of $10,300 for every American — has been spent over the past year. Tuesday, Feb. 23, 12:30 P.m. – 1 P.m. Karen Lynch of CVS Health on the vaccine rollout Karen Lynch took over CVS Health this month as the pharmacy chain takes center stage in efforts to fight the pandemic. It is working with the government to distribute the coronavirus vaccine in its stores, as well as in nursing homes and assisted-living facilities. To aid in those efforts, the company hired 15,000 employees at the end of last year. President Biden has warned of “gigantic” logistical hurdles to the rollout. CVS, which could add $1 billion in profit over the next year from the program, also aims to reach underserved communities, which have been disproportionately affected by the pandemic. Further reading: The job market for pharmacists is booming as chains rush to staff up to handle demand for vaccinations. Tuesday, Feb. 23, 2:30 P.m. – 3 P.m. Vlad Tenev of Robinhood and Jay Clayton, former S.E.C. chairman, on the markets Nothing captured Wall Street’s attention more in recent weeks than meme-stock mania, as the video game retailer GameStop and other unlikely companies briefly became the hottest things in the markets. At the center of the frenzy was the online brokerage Robinhood, which has attracted millions of users with commission-free trades but drew outrage among its users when it halted trading in GameStop and other stocks at the height of the mania. Vlad Tenev, a Robinhood co-founder and its chief executive, has been thrust into the spotlight. He faced hours of hostile questioning at a congressional hearing on Thursday about Robinhood’s business practices, which brought attention to normally obscure things like payment for order flow, clearinghouse deposit requirements and the timing of trade settlements. Mr. Tenev has called for changes to some of those practices while defending others. Joining him is Jay Clayton, the veteran Wall Street lawyer who led the Securities and Exchange Commission during the Trump administration. From the beginning of his tenure, Mr. Clayton said that his mission was protecting “the long-term interests of the Main Street investor.” To that end, the commission cracked down on cryptocurrency frauds on his watch. What the S.E.C. does now — if anything — to address another potential episode of meme-stock turmoil (or something like it) is open to debate. (Mr. Clayton has since rejoined corporate America, becoming the lead independent director of Apollo Global Management.) Further reading: Citadel Securities is a shadowy firm that handles more than a quarter of all stock trading in the U.S. (including a large share of Robinhood’s trades), making it a key player in debates about the future of market structure. Tuesday, Feb. 23, 5:30 P.m. – 6 P.m. Senator Mitt Romney on finding common ground In stark contrast to many of his party colleagues, Senator Mitt Romney, Republican of Utah, crossed party lines to vote to convict President Donald Trump on articles of impeachment, twice. Mr. Romney also recently proposed a family benefit program that would provide monthly payments of up to $350 per child, which was met with approval from many Democrats. It compared favorably to a plan from President Biden. Although some have accused him of a being a Republican in name only, Mr. Romney is in fact politically conservative and works with members on the right wing of his party. He is drafting a bill with Senator Tom Cotton of Arkansas that would raise the minimum wage while forbidding businesses to hire undocumented immigrants. This is typical of Mr. Romney’s approach, insofar as it speaks to concerns on both sides of the aisle. Source link Orbem News #Lets #Policy #talk

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thewordonmainstreet · 4 years

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I’ve Had It With Being Hurt At Work

I have 5 more days at my job at the kitchen design company. I know I’ll have one ugly cry as I have had one too many cry sessions at home. I worry what will happen next and am so sad about what I’m having to leave. This saying goodbye to a job is happening again and it’s like history repeating itself all over again. I got this job at the end of August and I really got in by the skin of my teeth. I don’t have current references and when asked for them, I gave one from 2015 and hoped to heck it would work. I was asked for two and I only gave one but that worked. I was told after that I gave a really good impression and shortly after, I was offered the job. I was beyond thrilled that I would have the privilege of working again and not being so hard up for cash. My long spell of sitting at home all day and all night had ended. With no social life or money to get out of my house, I finally had something to go to. There would be a reason for me. I fell in love with said job after three shifts. My co-workers were altogether amazing and welcoming and I had found a home, I mean it really was a home that I worked in (a home that was converted to an office). I worked in a posh front office area and was surrounded by beautifully crafted kitchens. All of our customers were so nice and I loved being smiled at and thanked as they left. The job was so quiet and not task-heavy and it was like a dream. I was being paid to almost do nothing though I honestly prefer to be busy. I was happy every second I was there and thankful for the money that I needed months ago that I would finally be getting soon. I could buy all the makeup I wanted again, I mean priorities right? I got along swimmingly with the designers and office staff. I couldn’t believe how well things were going. I took pride in my role and was told that most of the staff before me were students who didn’t give a shit. I was out to change that. I took all kinds of initiative and send regular e-mails out to the staff asking for work. I would take even the most modest of tasks, anything that would keep me busy, and was so happy when I was offered small projects that increased with regularity. I loved being trusted and being responsible for locking up the office, I could put “keyholder” on my resumé. I went confidently shopping week after week at thrift stores and assembled an extensive office wardrobe, now where am I going to wear those clothes to?

I had a health crisis two months in rendering me barely able to concentrate and I was quite disoriented. I had experienced that confusion many times before in my life and it was the last thing I needed right now. I had to divulge to a few staff that I was doing projects for that I was not feeling well and had mental health issues. My health one was again going to take me down. I thought this job was surely going to end given what I shared. It did not. I was told I was doing fine but I really wasn’t feeling fine and I was messing things up. But finally, a staff member lost confidence in me and got quite frustrated but he stood by me, ever begrudgingly. I was so embarrassed. Like so many jobs before in my life, what started off good soon went bad. People were starting to be cold towards me and not talk to me. The famous silent treatment began to happen to me. Relations that were once easy like Sunday morning turned rough and sharp. The back office staff were the worst, they were outwardly rude to me. They couldn’t even look at me. I know it was because I was so nice and happy and people give a hard pass to anyone whose happy in life, after all, everyone else wears a perma sad-face. All of a sudden everyone started to hate my guts. I got rough treatment from the girls in the warranty/service office for not transferring calls the right way. The rejection that I’ve known in past jobs started to happen here. I’ve always been given a hard pass in jobs in terms of fitting in and I have a deep need to be valued in a job. Why must this follow me? It was clear that word of my health issues had gone all around. It got really bad. I approached HR once and told her that things have to change. I was crushed that something that started so good was going so bad. Things didn’t change. I called HR again and we had an awful argument over the phone. I alleged bullying and a human rights violation, she got her back up and took me down. I was told that no one has to be my friend or like me. Yes, I argued, but they have to talk to me and not ignore me. They have to not be rude and abrasive to me. That conversation was so upsetting, putting me in tears and shocking me that things had gone so sideways. HR called me the next morning to see if I was okay. It really, really went off the rails just as things with my Mom were going off the rails. I was dealing with far too much and I wasn’t coping well. Things got messier. I was coming home and crying too often. I decided it was time to leave. I loved my job but this will be the 8th time where I have been bullied in a job. It may not sound bad but it was. It was deliberate and exact and I couldn’t handle it. I loved my job but not what the staff had done to me. I also felt like my old car made me look really bad and people knew that I was poor and judged me. I was experiencing profiling again, I swear it was crueler than high school. I gave my resignation with a really heavy heart. It was so hard. The tears came regularly, sometimes when I was locking the door at the office. I was going to be unemployed and feel the pain of buying groceries but I won’t compromise when I’m being treated badly. I simply can’t do it anymore. I can’t go through the pain of knowing people hate me and can barely look at me. They can’t talk to me yet they can definitely talk about me, I’m the star of all the gossip. It’s unfair that I cried for help and my cry wasn’t heart and treated the way it should be. Now I have nowhere to turn but to tell my story to passerbys on the street who won’t care to hear it either. I have five more days of sitting at the reception desk by the fire where it’s so quiet and I often don’t get a call after a certain time. They hired my replacement quickly but wouldn’t let me train her. I held tears back as I saw her sign the offer and meet some of the management. I knew I was doing the right thing yet I was terrified. This was another job that lasted less than 6 months. My self-esteem was so shattered though and my Mom’s behaviour so upsetting that I was in too deep of pain to know what I was really doing. I may have made a mistake and I’m starting to think I did. Every day in fact I wish I could approach HR and ask for my job back but it’s likely too late and I’ll look like even more of an idiot than I see now, I’ve caused so much trouble but really all I wanted was to be respected. Like every time before, I was never one of the girls and I never fit in and I know I’m really likeable. I don’t know what it takes because clearly I don’t have it in me but it’s more like they don’t have it in them to respect a person who is different. Time and time again, I’ve been told through actions that I don’t belong and here I am, not belonging again. History repeats itself and the pain that won’t go away resurfaces yet again. I’ve been running from job to job and it’s clearly not working. The world’s heart isn’t big enough for me. Their heart is not open, so I must go.

Most of the time though, I know I’ll find a way to make money, I always do. I can’t keep getting hurt at work, I have to find a way to make money that doesn’t involve people, that’s a tall order, but I’m determined to find it. My self-esteem is on life support. I think that all there is for me to do in life is beg for money on the street. I have nothing left. I’ve been destroyed yet again. I’ve never had a positive job experience in all of my life, I mean that’s really bad. People go for me and I don’t know why. They must do it because I’m so nice and refuse to be loud and sarcastic like the rest of them. I will miss this job so much. I know I’ll fall into a bad depression and grieve this loss deeply. But I just can’t keep being strong on the job while I go home and cry. I can’t let my heart be hurt any more. I have a strong assurance that things are going to work out, I’ll beg for work on Kijiji and somehow find it. I will get by no matter whatever it takes. It’s so sad that they go for a nice girl like me and then I become a serial job hopper and quitter. It’s either my health or rejection but this time it was both. I try so hard to get by but it’s more work than it needs to be especially when the jobs I get only pay minimum wage. There’s no help and hope for me but to beg on the streets for that help, knowing I won’t find it. Yet I am unbreakable. I’ve gotten by every year though it’s so much work to make any money and there’s always the fear that I won’t get paid. I’ll go boldly ahead and believe things will work out. It’s always been a rough road and the hard work of survival never gets easier. Every year I start out with nothing and end with nothing and people aren’t getting any better.

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staciabimanyu · 7 years

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The path I’ve been searching for

The process of finding my path is quite something. Back to 2012, when I graduated from College after getting my Bachelor's Degree in Civil Engineering, the thought of getting a great job and pursuing an established career in a well-known company (to be specific in Engineering, Procurement, and Construction Industry) had always been my ambition or some may call it "future goals". I still remember how grateful I was for being able to work (not even a month after graduating) in a prestigious company in transportation sector handling a megaproject that hopefully will solve one of many Jakartans problems; traffic congestion. Not realizing that the bigger the project you handle, the more stressful you're gonna be. Instead, I was so thrilled cause I felt like my dream had finally come true. However, it only took 6 months for me to eventually filling a resignation letter to the Human Resource Department. I supposed that this was not exactly my passion. Yet, I still did not know what my passion was. I kept on thinking that maybe I was just following other most civil engineering graduates dream. Maybe what I thought was my ambition is not really what I want. Then the process of discovering myself had just begun.

Luckily, two weeks before the "one-month notice process" from my resignation had over, I got this another job opportunity to work in an EPC Company as a Project Control Engineer. I knew this job vacancy information from a college friend of mine who has been working for that company for a few months. I felt quite relieved because I didn’t have to spend "a jobless period" in the process of seeking a new job. The first year was okay. The second year was amazing cause my bosses told me that they were satisfied with my achievements that directly affect the amount of incentive I have received each year. The third year I began to question my employment status. As I was being recruited as a contract-based employee, and as I was pretty much aware of this country's manpower regulation, I realized that it has been three years I’ve been working in that company, but I have not been appointed (not even been proposed) as a permanent employee. My understanding based on the manpower regulation is that after the employee’s contract has been extended for 2 times maximum by the same company, there were only two options; it’s either you would be appointed as a permanent employee, or the company could simply just terminate your employment. So I was curious and triggered to ask about this matter to the HR Manager. And his answer was pretty much like this...

"Your performance is excellent..as it is reflected by your Key Performance Index (KPI) which is above average..and as you may or may not know, this KPI has been our tool to determine the amount of incentives you have received, but since our company is currently facing a financial downturn, there is no such quota for permanent employee appointment this year. In which case, this plan will be postponed until next year. "

Despite questioning the actual company’s financial condition (because it didn’t make any sense to me that while your company claimed to be facing financial problems, yet you still received incentives) and feeling disappointed by his not-so-satisfying answer, I asked myself instead, “If I am so passionate about what I’m doing, why would I make this employment status such a big deal?” I managed to survive another year with a heart full of hopes that there would be some enlightenment the following year since there was still a possibility that I might be appointed as a permanent employee. However, after surviving for two years of status quo with all my hopes going down the drain, I decided to (for the second time in my life) filling a resignation letter to my boss.

It was quite a hard decision to make because three months after my resignation, my wedding ceremony will be held. An Indonesian wedding ceremony, where you have to invite like zillion people who you barely even know (mostly because they are your parent's co-workers, colleagues, etc), where you have to undergo a series of traditional events, in which expenses are surprisingly high. Since my husband (my fiancee at that time) and I were about to finance our wedding on our own, this wedding plan had made us gone through a back and forth discussion prior to making my final decision.

But he once asked me...

"Whats the point of holding onto something that burdens you, that you're not so passionate about? Dont settle, yet. Find another job that makes you wake up in the morning with excitement, without questioning your employement status. Your status doesn't matter, your happiness in working on to whatever your job is does."

And the decision was firm.

This not so long but winding journey somewhat helps me search my path. I have been through so many interviews these past few months, yet ended up here working for a company which project’s goal is to provide electricity to the communities who live in remote areas that even the government could not reach. This job makes me wake up in the morning with such excitement because I know the purpose of this project is obviously not in terms of profit making but to help those less fortunate people so they can live a decent and advanced life as we do. Hopefully, this is the path that I’ve been searching for...

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