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GoSkills offers affordable online classes that teach many of the business skills employers want

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GoSkills 4

  • Learning relevant business skills is convenient, cost-effective, and enjoyable with GoSkills
  • The up-and-coming e-learning site has especially robust offerings in Microsoft Excel and project management. 
  • You can become a more valuable employee, a more effective manager, or a standout job applicant with the help of the online lessons. 

 

You don't have to have a business degree to excel in your career, but it certainly helps to be in-the-know about the common software, applications, and processes used in workplaces everywhere. If your goal is to learn new business skills, you have many available options.

Online classes are among the most convenient and affordable ways to gain these new skills, and while I typically defer to a few favorites, I recently came across a useful site called GoSkills, an online-learning platform that focuses exclusively on important technical and soft business skills.

Whereas other popular e-learning sites tend to offer classes across a broad range of subjects — useful in its own right if you have a variety of learning interests — GoSkills is geared toward anyone looking specifically to improve their effectiveness in the professional world. 

It currently offers more than 70 courses in web development, Microsoft Office, Adobe software, project management, and more. You can find skills that are increasingly valued in the workplace like Scrum and Advanced Microsoft Excel alongside skills that will never go out of fashion like Business Writing and Leadership Training. Whether you're looking to evolve in your current role, brush up on skills you learned a while ago, or transition to a new position, GoSkills gives you the educational support to do so. 

GoSkills uses a combination of video tutorials, exercises, and quizzes in its lessons, as e-learning sites typically do, but is unique in its personalized learning approach: Because no two students are the same, the course syllabi are personalized based on your prior skills and experience. After you take a placement test to identify your strengths and weaknesses, GoSkills shows you what areas to focus on so you can accelerate your learning. You're probably a busy person juggling other commitments, so the trick here is to study smarter, not harder. 

Pricing is straightforward. After a 7-day free trial, you can pay $39 a month for access to all courses on the site, or pay $299 at once for a year of access, saving you $169. You can also pay $29 for access to just one course, though learning more than one skill will never be detrimental to your professional development. 

Below, we've highlighted some of the best GoSkills courses worth taking. Browse all courses and sign up for your 7-day free trial here.

Microsoft Excel - Basic & Advanced

Skill level: Beginner

Certification available: Yes

No. of lessons: 49 

Lessons include: Basic formatting, formulas, optimizing data, data and analysis, presenting and reporting 

Sign up for Microsoft Excel - Basic & Advanced



Project Management Professional Certification Training

Skill level: Advanced

Certification available: Yes

No. of lessons: 46

Lessons include: Project management foundations, processes and process groups, types of management

Sign up for PMP Certification Training



Photoshop for Beginners

Skill level: Beginner

Certification available: Yes

No. of lessons: 58

Lessons include: Photo editing, mastering the tools, design, text effects

Sign up for Photoshop for Beginners



Finance for Non-Financial Professionals

Skill level: Beginner

Certification available: Yes

No. of lessons: 16

Lessons include: Financial reports, ratios and measures, budgeting, variance and forecasting

Sign up for Finance for Non-Financial Professionals



Scrum for Team Members

Skill level: Beginner

Certification available: Yes

No. of lessons: 21

Lessons include: Project management approaches, Agile/Scrum elements, process steps 

Sign up for Scrum for Team Members



Press Releases

Skill level: Beginner

Certification available: Yes

No. of lessons: 32

Lessons include: Tricks of the trade, branding, mistakes to avoid, crisis management, building influence with journalists 

Sign up for Press Releases




Domino's, Pizza Hut, and Papa John's plan to hire more than 50,000 workers amid the coronavirus outbreak

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dominos pizza boxes delivery

  • Domino's, Papa John's, and Pizza Hut are together hiring more than 50,000 new employees amid the coronavirus outbreak. 
  • While other restaurant lay off workers and cut hours, pizza chains need more employees to keep up with delivery demands. 
  • Roughly 25% of respondents said they increased their use of pizza delivery over the last week in Gordon Haskett's most recent survey of more than 300 households.
  • Visit Business Insider's homepage for more stories.

Pizza chains are hiring as the coronavirus outbreak convinces customers to order delivery. 

Pizza Hut announced on Monday that it is hiring for more than 30,000 open positions across the US. Papa John's announced on the same day it is planning to hire up to 20,000 additional workers. And, Domino's announced on Friday it is also hiring.

"For anyone looking for immediate ways to earn an income, we're making it quick and simple to apply, interview, and be hired at Papa John's," Marvin Boakye, Papa John's chief people and diversity officer, said in a statement.

"We want to add talented team members to our Papa John's family across the country to deliver food safely to our customers' doorsteps," Boakye continued. "We are in the unique position — as a restaurant that specializes in delivery and carryout — to help our communities through this crisis."

While restaurant traffic plummets as people self isolate, pizza chains — especially those with an emphasis on delivery — could be a rare sector that sees more business during the coronavirus outbreak. In Gordon Haskett's weekly survey of more than 300 households, roughly a fourth of respondents said they increased their use of pizza delivery in the week that ended on March 20.

As a result, while many restaurants are laying off workers, pizza chains are hiring. 

For those interested, Domino's hiring website is here, Papa John's is here, and Pizza Hut's is here.

Safety remains a concern for workers

While delivery is generally seen as a safer way to get food while avoiding close contact with others during the coronavirus outbreak, some workers at pizza chains say they are still worried about their safety. 

One Domino's delivery driver expressed concerns to Business Insider that hiring more employees could mean more workers crowding into stores to pick up deliveries. Business Insider granted anonymity to the driver and other fast-food employees who have been working through the outbreak in order to allow them to speak frankly about the subject. 

"It feels like I'm being exposed to the 10 to 20 co-workers plus everyone every driver delivers to that shift, resulting in direct and indirect exposure to hundreds of people a day," she said. "Unfortunately I'm not able to stop going to work unless Domino's lays me off so I can draw unemployment." 

"I'm currently looking for work-at-home opportunities but I'm afraid I won't be able to make the transition before becoming infected," the driver added. "I haven't seen my son or family in a week out of fear of infecting them unknowingly."

Business Insider asked Domino's, Pizza Hut, and Papa John's for comment on how they plan to keep workers and customers safe as they hire more employees. Representatives for Domino's and Papa John's did not respond to Business Insider's request for comment, but all three chains have been rolling out new policies and practices during the outbreak. 

"Maintaining the safety of our employees (and customers) is our top priority, and we're doing so in a number of ways," Pizza Hut said in a statement.

"We've implemented contactless delivery and carryout procedures (both curbside pickup where it's possible and contactless carryout), to ensure a hands-free experience built around social distancing," the statement continued. "Once the pizza leaves our  400+ degree oven, it slides hands-free into the box and straight to your home. Additionally, we've doubled down on industry-leading sanitization and handwashing procedures."

Domino's and Papa John's are also rolling out zero-contact delivery, which is available at the customer's request, as well as announcing updated cleanliness and sanitation policies.

Read more about how the coronavirus outbreak is impacting fast-food workers: 

Join the conversation about this story »

NOW WATCH: We talked to Kevin Plank right before he stepped down as CEO of Under Armour, and he hinted at why the company may be ready for the change

Meet 2019's Rising Stars of Wall Street from firms like Goldman Sachs, Blackstone, and Apollo shaking up investing, trading, and dealmaking

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Meet the 2019 class of Wall Street's rising stars.

From starting a hedge fund before age 30 to running their own alternative-data shops and helping lead $27 billion investments, this group of young finance leaders is in a league of its own.

It was harder than ever this year to select just 25 people. Our selection criteria: We asked that nominees be 35 or under, based in the US, and stand out from their peers. Editors made the final decisions.

Here's our list of the next crop of Wall Street leaders.

Additional reporting by Alex Morell, Bradley Saacks, and Dakin Campbell.

Click here to read the full list.

Adam Parker, 34, Center Lake Capital

Adam Parker has been focused on running his own hedge fund as long as he can remember – and he's already running $350 million before the age of 35 with his fund, Center Lake Capital. 

Parker started investing in college after he sold a GrubHub-like company he and a couple friends started. From there, he interned at the Lehman Brothers real-estate group in summer 2007 and was choosing between returning for a full-time position or joining the now shuttered Force Capital. He chose Force. 

After working as an analyst, he eventually interviewed with billionaire Stanley Druckenmiller, and worked for Duquesne Capital until Druckenmiller closed the fund. He then went to PointState Capital, which was started by Duquesne veterans, and became a portfolio manager after just a year, running $150 million to start out.

Center Lake launched in 2014 with multiyear commitments from a few critical investors, Parker said. Now he believes the firm has differentiated itself because of the concentrated investments and specific focus within the tech world. 

Click here to read the full list.



Evan Feinberg, 32, Tiger Global

Feinberg started at the University of Pennsylvania with plans to be a lawyer and had no idea what investment banking even was. It took only a year for him to transfer into the Wharton business program, and the rest is history.

Feinberg worked at Morgan Stanley during the summer of the financial crisis and joined Silver Lake Capital, a private-equity firm in New York, after he graduated. He joined Tiger Global six years ago as the hedge fund run by the billionaire Chase Coleman decided to expand more into the private markets. 

In that time, Feinberg estimates he has been a part of 40 to 50 different investments Tiger Global's private-investing team has made, including co-leading the firm's investments in the Brazilian financial-technology unicorn Nubank and the buzzy workout company Peloton. Both the investments were made earlier on in the companies' histories — series B for Nubank and series A for Peloton — a fact Feinberg is proud of.

Feinberg is looking for founders that are inspirational but also grounded, so they don't let their vision get the best of them, while also being able to get employees and investors to buy into the potential of the company. 

Click here to read the full list.



Want to meet the rest of Wall Street's rising stars?

BI Prime publishes dozens of exclusive stories like this every day that feature in-depth industry and market analysis. 

>> Get started by reading the full list



22 US cities at risk of losing jobs because of the coronavirus

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atlantic city new jersey

As many businesses temporarily close and the majority of Americans are required to stay at home, many businesses in cities across the US could feel the economic effects from the novel coronavirus.

The US has confirmed about 41,000 cases of coronavirus across the country and 485 deaths.

Brookings Institution published a ranking of which US metro areas could be most negatively affected by the coronavirus, based on each metro area's share of employees that worked in industries at risk of a decline in employment.

To come up with this ranking, Brookings used the Moody's Investors Service list of industries most at risk of a decline in employment: mining/oil and gas, transportation, employment services, travel arrangements, and leisure and hospitality. 

In 2019, 24.2 million of Americans, or 16.5%, worked in jobs that Moody's labeled at risk.

Midland, Texas; Kahului, Hawaii; Atlantic City, New Jersey; and Las Vegas, Nevada, were among the top five metro areas that could experience major job losses. Multiple cities in New Jersey, Georgia, and Texas made the top of the list. 

With a large oil and gas industry, 42.5% of employees in Midland worked in one of the high-risk industries in 2019.

Atlantic City and Las Vegas both have large leisure and hospitality industries that could be negatively affected by businesses, hotels, and casinos closing during the outbreak.

The following 22 cities could see a large share of job losses. Each city on the list had more than 22% of employees working in one of the at-risk industries in 2019.

SEE ALSO: 25 US states at risk of losing the most jobs because of the coronavirus

22. In Crestview, Florida, 22.3% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

24,910 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



21. In Honolulu, Hawaii, 22.9% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

107,701 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



20. In Casper, Wyoming, 23.1% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

8,953 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



18 (tie). In New Orleans, Louisiana, 23.3% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

127,618 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



18 (tie). In Daphne, Alabama, 23.3% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

17,606 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



17. In Farmington, New Mexico, 23.4% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

10,976 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



16. In Hilton Head Island, South Carolina, 23.8% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

18,561 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



15. In Gulfport, Mississippi, 24.0% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

36,613 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



14. In East Stroudsburg, Pennsylvania, 24.6% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

14,026 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



13. In Savannah, Georgia, 24.7% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

43,660 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



12. In Brunswick, Georgia, 26.0% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

11,146 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



11. In Orlando, Florida, 27.3% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

342,495 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



10. In Flagstaff, Arizona, 27.5% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

17,288 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



9. In Myrtle Beach, South Carolina, 29.2% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

48,179 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



8. In Houma, Louisiana, 29.3% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

24,560 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



6 (tie). In Ocean City, New Jersey, 29.7% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

12,392 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



6 (tie). In Laredo, Texas, 29.7% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

30,500 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



5. In Odessa, Texas, 33.3% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

26,853 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



4. In Las Vegas, Nevada, 33.8% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

342,050 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



3. In Atlantic City, New Jersey, 34.2% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

44,227 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



2. In Kahului, Hawaii, 40.2% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

32,092 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



1. In Midland, Texas, 42.5% of employees in 2019 worked in an industry that is considered at risk of employment because of the coronavirus.

46,618 employees in this metro area worked in one of the industries at risk of job loss from the coronavirus.



5 tips for leading a team that's scattered across the globe if you've never really done it before, from CEOs who've managed remote employees for years

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video call businessman

  • The coronavirus pandemic has forced many companies to switch to remote work; although not a new concept, working from home is not the norm for many companies.
  • CEOs of successful companies that have operated remotely for years said to ensure your employees have the right tools to facilitate easy communication, such as face-timing technology and chat applications.
  • Over-communication, flexibility on hours, and having a strong support system are key.
  • They also recommended checking in on employees, especially new ones, who might overwork themselves, and have non-work-related chats.
  • Click here for more BI Prime stories.

For much of corporate America, COVID-19 means facing a new normal — and not one that most of us have ever planned for.  

Across the country, teams and companies who've never worked together outside of a traditional office setting have had to move their operations completely remote and, in some ways, completely reinvent the way they work. 

It hasn't been easy.

But it's also not the time to panic, cautioned Dana Look-Arimoto, the owner of consulting and advisory firm Phoenix5 and author of "Stop Settling, Settle Smart: Rethinking Work-life Balance, Redesign Your Busy Life" who consults and coaches companies to transform holistically in an accelerated way. 

Dana Look-Arimoto, owner of consulting and advisory firm Phoenix5 and author of

"What happens is that people just really shut down and they stop being strategic … and that does not help the situation at all," she told Business Insider. "What I really encourage my clients to do is take a look up and take a look out and scan the horizon because the solutions are probably sitting there."

For some companies, especially those that already have some sort of distributed or gig-based workforce, those solutions might be easy to uncover. 

For example, JJ Hurley, CEO of staffing firm GDH, has an internal staff of 110 employees in addition to 700 consultants working remotely in 40 different states. When his leadership team decided to ask the office staff to work remotely a couple of weeks ago due to the coronavirus, he said that the company hasn't missed a beat. 

JJ Hurley, CEO of staffing firm GDH

"We've been able to implement and utilize all the technology that was already in place," he explained. "We'd already done testing, so we knew what our company had the capabilities to do from an end structure and technology standpoint."

For other companies, those solutions can be found by learning from companies that have worked virtually for years. CEOs that run remote or partially-remote companies weigh in on what they've learned so that you can take their advice with you to your newly home-based team. 

1. Get the right tools in place — and acknowledge when face time matters

"Access is everything," noted Look-Arimoto. "So if people are set up to work with the appropriate tools and technology being remote, that's 50% of the battle right there." At minimum, she recommended a VPN, social communications tools like Slack, and a video chat app like WebEx or Zoom

Nate Quigley, cofounder and CEO of Chatbooks

Nate Quigley, cofounder and CEO of Chatbooks, which has 70 employees working mostly remotely across 12 states, noted that his team uses Slack regularly but transitions to non-text conversations for more complicated discussions. 

"Until last week, that meant a combination of in-person and Zoom meetings — but now just means Zoom," he said. "We also believe that any tough conversations, feedback, or conflict resolution, even clarification, should happen over face-to-face using Zoom."

Maxeme (Max) Tuchman, owner of Caribu

Maxene Tuchman, CEO of Caribu, a reading and drawing app that kids and adults can use together virtually, agreed. Her team of 10, distributed over three countries, switched all of their meetings from phone to video early on. 

"We learned that people get distracted and that body language and facial gestures are actually pretty crucial to understanding tone and intent," she said. 

Ryan Prosser, CEO at Very

In addition to the software, don't forget about the hardware people need to be as effective as possible.

Ryan Prosser, CEO at Very who runs a remote team of 60, gives new employees a home-office stipend to outfit their ideal workspace with a desk, headphones, sound-proofing, or anything else they need. Hurley noted that his payroll team, a few days into remote work, realized that they could really use a scanner, so the company ordered one for anyone who needed this technology to be effective from home.

2. Over-communicate on all channels

Look-Arimoto highlighted the need for remote leaders to over-communicate. 

"We want people to be calm, we want people to be as productive as they possibly can be, and we want them to feel like they're hearing, especially from leaders, what the heck is going on," she explained. She noted that most of the companies she's working with host a weekly virtual town hall, where an executive team member gives an update on what's working and what's not and takes questions via Zoom's virtual chat feature.

Hurley's company has been virtually checking in with his team every other day, giving his employees a chance to regularly hear from leadership.

"We're just kind of giving everybody updates on a macro view of the company and making sure that they're comfortable and understanding in this crazy environment that we're in right now," he said.

You also want to communicate about expectations for new working norms.

"Talking about those upfront will cause less friction from ambiguity later on when there were mismatched expectations of what remote work looks like," said Tuchman. "Discussing working hours, how to be transparent in shared calendars, expectations for response times, setting clear deadlines and deliverables, and assigning tasks and action items is even more important when that person is no longer in the cubicle next to you."

As important as meetings are, you also want to be sure to leave time for people to actually get their work done.

"Rather than checking in with your team often — and interrupting their heads-down focus time — I recommend having a single weekly checkpoint with each member of your team," said Prosser. (Look-Arimoto recommends 30-minute weekly one-on-ones with employees.)

Prosser, added, "Collect all of your items into one list and have them do the same. Also, utilize tools to allow you to check in on them without bothering them." (This article has several recommendations.)

But think outside the meetings, as well, especially since remote team members won't chatter or overhear messages in the hallways.

"When you say something in one meeting, don't expect that everyone heard and understood it. Recap, repeat, recap, repeat," noted Quigley. "Right about when I start to feel like I'm really repeating myself and getting annoying seems to be the time when the message is fully sinking in across the whole team." 

3. Be flexible on hours and watch out for over-workers

Especially right now, when people may be balancing childcare in addition to work duties, it's important to be flexible on the time you expect people to be at the "office." 

"By all means, we don't have set hours," shared Hurley. "The key is just giving each employee the license to do what they think is best for them to be successful." He also recommended being open and realistic about your own home work life and challenges.

"As an example, I was on a conference call [last week] and I was very transparent: 'Hey, guess what, for the first time ever, I'm making blueberry muffins for my kiddos on a Tuesday while I'm on a conference call.' That's okay. That's good," he added.

Companies with employees scattered across time zones, like Caribu, have to be ultra flexible but set parameters so that they know when to schedule meetings.

"We ask everyone for their 'working hours' or the hours we can put meetings on their calendars," Tuchman said. "Then we have 'global team hours' where from about 12 p.m. to 4 p.m. we schedule most of our team meetings."

Adda Birnir, CEO of digital learning platform Skillcrush who manages a 20-person completely remote team, noted that people often worry that employees won't work full time when they're at home, but in her experience, the problem is the opposite. 

Adda Birnir, CEO of digital learning platform Skillcrush

"This can especially be a challenge when you're not all working the same time zones — people can work way too much and it won't be immediately obvious," she explained.

The solution she's found is to have weekly "retro" meetings with her team.

"You literally take an hour every single week to meet as a team and talk through any highs and lows about the team working together every week. It's amazing in terms of surfacing team challenges, including overwork, before they balloon into really big problems," she said.

4. Pay close attention to new employees  

It's one thing for your existing employees to work together virtually — they know each other well and may have been working together for years. But pay close attention to new employees, who aren't so integrated with the team.

"In a remote environment, it's even more important to have an onboarding program that makes the employee feel like a valued member of the team and helps them know what will be expected of them," said Prosser. 

Caribu has implemented a streamlined onboarding process.

"The week before an employee starts I share an onboarding spreadsheet with them. It includes the times of team meetings that they should expect to attend the next week and a list of onboarding activities prioritized by week with clear directions on whether the activities are self-guided or meetings with someone on the team," Tuchman described. "There's a team guide that explains who everyone is, where they're based, how to pronounce their name, and who are the part-timers, contractors, and interns that they'll be interacting with."

Chatbooks similarly gives new employees a personalized, over-10-pages-long guide full of important links, meeting overviews, bios of team members they'll work with frequently, and initial job expectations. "It's helpful for employees to have a place to refer back to as they're learning the ropes instead of repeating questions as they sort out what's what," Quigley added. "We also pair all new employees with a 'buddy' who can answer questions for them as they get up to speed." 

And once employees are fully onboarded, keep the team engaged by offering virtual activities. Birnir's team has done everything from "paircrushing," where team members are matched at random for virtual lunch or coffee dates to team movie nights, Bob Ross-inspired painting lessons, and Halloween costume contests.

The Skillcrush team's Halloween costume contest remote

5. Get support from others in your position

Again, try to look outside your company for suggestions and ideas that are working — or not — elsewhere. Look-Arimoto recommended joining a roundtable with executives from other companies and meeting regularly to discuss different initiatives.

"Everyone is doing some things right and everyone is making some mistakes, and why repeat the mistakes?" she said.

Finally, try to stay positive about the remote work experience at large, and remember that it's a learning experience for everyone.

"It'll yield some challenges, but times of change bring great opportunity," advised Prosser.

SEE ALSO: 6 CEOs and executives who've been managing remote teams for years share the tools they use to keep their employees motivated and happy

NOW READ: Here's the exact coronavirus contingency plan every leader should create to keep their teams from panicking and build trust in a time of crisis

Join the conversation about this story »

NOW WATCH: Taylor Swift is the world's highest-paid celebrity. Here's how she makes and spends her $360 million.

Women's coworking startup the Wing is opening its NYC offices for coronavirus relief efforts

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The Wing, SoHo

  • Audrey Gelman, cofounder and CEO of the Wing, tweeted that her company will donate its New York City coworking space to coronavirus relief efforts.
  • As of March 23, infections in New York topped 20,000, the most of any state in the nation.
  • Major companies like Dell and LVMH have donated money and resources to curb the spread of the novel coronavirus. 
  • Visit Business Insider's homepage for more stories.

Buzzy startup the Wing joins other businesses in offering resources to help stop the spread of the novel coronavirus.

Audrey Gelman, the Wing's cofounder and CEO, tweeted that her company will donate its coworking space for government organizations, nonprofits, or healthcare systems to use. The Wing is a women-focused coworking space based in New York City.

The company previously announced it would close its coworking spaces until April 1 to stop the spread of coronavirus. The Wing has 70,000 square feet of space in New York City with operational kitchens and showers, Gelman said in a tweet.

Confirmed cases of coronavirus increased exponentially in the US in late March. As of March 23, infections in New York topped 20,000, the most of any state in the nation.

 

Other businesses have donated their services to help stymie the spread of COVID-19.

Dell Technologies donated $3 million in funds to provide donations to coronavirus-worthy causes worldwide. LVMH, the world's biggest luxury conglomerate, turned its perfume factories into hand sanitizer manufacturers, and sent millions of face masks to deal with global medical supply shortages.

Liquor manufacturer Pernod Ricard has begun producing hand sanitizer in its US distilleries. 

"If it's space for relief workers, at-risk women, homeless families — anything,"Gelman said on Twitter.

The Wing has come under fire for claims of creating a "toxic workplace" for women of color and non-gender-conforming people, according to The New York Times Magazine. The company was also sued for $12 million in 2017 for gender discrimination due to its policy of banning male members. The company later changed its policy.

We've reached out to the Wing for an official statement and will update this story accordingly.

SEE ALSO: The Wing's cofounder just became the first visibly pregnant CEO featured on a business magazine cover

Join the conversation about this story »

NOW WATCH: Taylor Swift is the world's highest-paid celebrity. Here's how she makes and spends her $360 million.

Warren Buffett has lost more than $21 billion in the first months of 2020. Here's how the notoriously frugal billionaire spends his $67.6 billion fortune.

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warren buffett coronavirus

  • Berkshire Hathaway chairman Warren Buffett's net worth has plunged over $21 billion in 2020 as the value of the firm's equity portfolio is in free fall because of the novel coronavirus.
  • Buffett lives modestly and is one of the world's most generous philanthropists, opting to give away most of his $67.6 billion fortune to charity.
  • Buffett eats breakfast at McDonalds every day — and is careful to spend no more than $3.17 on his order.
  • Visit Business Insider's homepage for more stories.

Still living in the house he bought in the 1950s and driving an equally modest car, Berkshire Hathaway chairman Warren Buffett prefers to keep and grow his money rather than take it out of the bank.

That strategy may work well under normal circumstances, but Buffett's net worth has fallen 24.1% since the start of the year as the coronavirus pandemic upends the global economy, the Bloomberg Billionaires Index shows. Many of the losses can be traced to Buffett's stake in Berkshire Hathaway, which may have lost $80 billion on its 10 biggest investments alone because of the virus.

Now 88, the Oracle of Omaha's estimated net worth stands at $67.6 billion according to the Bloomberg Billionaires Index— but you wouldn't know it from Buffett's frugal ways.

See how Buffett spends — or doesn't spend — his billions.

SEE ALSO: Inside billionaire Warren Buffett's unconventional open marriage, which allowed him to live with one woman while staying married to another

DON'T MISS: Melinda Gates is taking walks, Warren Buffett is drinking more Coke, and Elon Musk is still going to work. Here's how the world's richest people are preparing for the coronavirus outbreak.

Warren Buffett has a net worth of $67.6 billion, making him the world's third-richest person.

Source: Forbes



The CEO of Berkshire Hathaway began building his wealth by investing in the stock market at age 11.

Source: Forbes



As a teenager, he was raking in about $175 a month by delivering "The Washington Post"— more than his teachers (and most adults).

Source: Business Insider



He had amassed the equivalent of $53,000 by the time he was just 16.

Source: Business Insider



But 99% of his wealth was earned after his 50th birthday.

Source: Business Insider



He reportedly earns a salary of $100,000 at Berkshire Hathaway.

Source: GOBankingRates



And in 2013, Buffett made on average $37 million per day — more than what Jennifer Lawrence made the entire year.

Source: MarketWatch



His wealth is greater than the GDP of Uruguay.

Source: Business Insider



But you wouldn't know Buffett is a billionaire by the way he spends his money.



He previously told CNBC and Yahoo Finance's "Off the Cuff" that he's "never had any great desire to have multiple houses and all kinds of things and multiple cars."

Source: CNBC



Buffett lives in a modest home in Omaha, Nebraska, which he bought for $31,500 in 1958. Adjusted for inflation, it's about $276,700 in today's dollars.

Source: Business Insider



As of 2017, it was worth an estimated $652,619, what he calls the "third-best investment he's ever made."

Source: Business Insider



The home spans 6,570 square feet. It has five bedrooms and two-and-a-half bathrooms.

Source: Business Insider



It's also guarded by fences and security cameras.

Source: Business Insider



In 1971, Buffett purchased a vacation home in Laguna Beach, California, for $150,000.

Source: Business Insider



Part of a gated community called Emerald Bay, it's walking distance from the beach.

Source: Business Insider



According to the listing, the home comes with a $9,264 annual association fee, which grants him access to nearby amenities like a pool and spa, picnic area, playground, and tennis court.

Source: Business Insider



It has 3,500 square feet of living space and six bedrooms. Buffett has renovated it since his initial purchase.

Source: Business Insider



Each bedroom has its own en-suite bathroom.

Source: Business Insider



It's secluded and has plenty of wide-open windows for views of the sea.

Source: Business Insider



It's also secluded and simply decorated, mirroring Buffett's simple spending habits.

Source: Business Insider



He put it on the market for $11 million in early 2017, but cut it down to $3 million later that year.

Source: Business Insider



After nearly two years on the market, it finally sold in October 2018 for $7.5 million.

Source: Business Insider



Buffett also has a modest set of wheels. He previously drove a 2006 Cadillac DTS.

Source: GOBankingRates, US News & World Report



In 2014, he replaced it with a Cadillac XTS, which has an original starting price of $44,600.

Source: GOBankingRates, US News & World Report



He also buys beat-up cars — like hail-damaged cars — at reduced prices and is reluctant to replace them, daughter Susie Buffett said in a BBC documentary.

Source: GOBankingRates



"The truth is, I only drive about 3,500 miles a year so I will buy a new car very infrequently," Buffett once told Forbes.

Source: Forbes



He once auctioned his car for $73,200.

Source: Reuters



His Lincoln Town Car once had a license plate that read "THRIFTY."

Source: The Wall Street Journal



Buffett doesn't spend much on technology, at least when it comes to his mobile phone. Until 2020, he a flip phone instead of a smartphone.

Source: Business Insider



Buffett isn't a fan of high-end designer suits. He only wears suits — of which he owns about 20 — made in China by designer Madame Li.

Source: CNBC



Buffett tops off his style with an $18 hair cut.

Source: Marketwatch



Buffett eats the same thing every morning for breakfast — McDonald's. He spends no more than $3.17 on his order.

Source: Business Insider



He also likes to treat his buddy Bill Gates to lunch at McDonald's — which he's paid for with coupons in the past.

Source: GOBankingRates



Buffett is also a thoughtful friend without spending a lot of money. He picks Gates up at the airport, calls him, and sends him news clippings via snail mail.

Source: GOBankingRates



Buffett also dines at the modest Gorat's steakhouse, his favorite. The menu ranges from $3 to $41.

Source: CNBC, Gorat's



Buffett is also a fan of Coca Cola; he has said he typically drinks five Cokes a day — so you can imagine he spends more on the beverage than the average person.

Source: GOBankingRates



Compared to other CEOs, Buffett doesn't spend a whole lot on his hobbies. He plays bridge for about 12 hours a week.

Source: Business Insider



Buffett also likes to hit the green for some golf — but he doesn't spend his money on fancy golf clubs.

Source: GOBankingRates



"I'm a member of every golf club that I want to be a member of […] I'd rather play golf here with people I like than at the fanciest golf course in the world," he once said in a Q&A.

Source: GOBankingRates



He also puts a lot of money toward books. He's said he has a "disgusting pile" of books by his chair, and he spends 80% of his day reading.

Source: Business Insider, CNBC



Buffett also loves to play the ukulele. Girls Inc of Omaha once hosted a ukulele concert as a benefit for Buffett, in which they earned $344.23 in donations.

Source: Reuters



He took the money and purchased 17 Hilo ukuleles for the group — but not without demanding a discount because he was buying in bulk.

Source: Reuters



He's even frugal when it comes to his kids — he fashioned a dresser drawer into a bassinet for his firstborn, Susie.

Source: GOBankingRates



For his second born, Howard G. Buffett, he borrowed a crib.

Source: GOBankingRates



Buffett once spent $100 to take a Dale Carnegie course on public speaking. It helped him propose to his wife, he said.

Source: Business Insider



The one thing Buffett has splurged on is a private jet. He told CNBC, it's "the only thing that I do that costs a lot of money."

Source: CNBC



But that wouldn't be possible without his wise investing strategies. While 99% of Buffett's net worth is tied to Berkshire Hathaway, he invests the other 1%.

Source: Forbes



He purchased shares in Wells Fargo "a long, long time ago," but it's unclear what his stake in the company is.

Source: Forbes



He also purchased two million shares — an 8% stake — in Seritage Growth Properties for a total estimated cost of $73 million.

Source: Forbes



He also owns an undisclosed amount of JPMorgan stock. He's said to be a fan of the bank's CEO, Jamie Dimon.

Source: The Motley Fool



But not all his investments have been wise — back in 1951, he bought a Sinclair gas station with a friend. The Texaco station across the street was more popular, and he lost $2,000 out of his $9,600 savings.

Source: Forbes



Buffett spends most of his billions on philanthropy; he's considered one of the most generous philanthropists in the world, having donated more than $46 billion to causes since 2000.

Source: CNBC



He teamed up with Bill and Melinda Gates in 2010 to form The Giving Pledge, an initiative that asks the world's wealthiest people to dedicate the majority of their wealth to philanthropy.

Source: Business Insider



In 2016, he donated $2.9 billion to various charities, including The Bill and Melinda Gates Foundation and the Susan Thompson Buffett Foundation, in honor of his late wife.

Source: Business Insider



Buffett, through the Susan Thompson Buffett Foundation, has donated tens of millions to the Planned Parenthood Federation of America and the National Abortion Federation.

Source: Inside Philanthropy



He donated even more to the Bill and Melinda Gates Foundation in 2018 — around $2.6 billion worth of Berkshire Hathaway stock.

Source: FORTUNE



That same week, he donated about $800 million in Berkshire Hathaway stocks to the Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation.

Source: FORTUNE



Buffett donated another $3.6 billion in Berkshire Hathaway shares to those organizations in June 2019.

Source: Markets Insider



Buffett only plans to leave his kids $2 billion each; the rest of his fortune will be donated to philanthropic causes. He once said he wants to leave his children "enough money so that they would feel they could do anything, but not so much that they could do nothing."

Source: The Washington Post



There is one thing money does buy for Buffett personally, he said in a CNBC interview: freedom.

Source: CNBC



Buffett lost more than $20 billion from his net worth due to the coronavirus in the first three months of 2020, but he's unlikely to miss it.

Source: Bloomberg Billionaires Index



"My life couldn't be happier" he once said. "In fact, it'd be worse if I had six or eight houses. So, I have everything I need to have, and I don't need any more because it doesn't make a difference after a point."

Source: CNBC



Goldman Sachs CEO David Solomon just sent a firm-wide voicemail about the coronavirus crisis. Here's what he told employees.

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David Solomon

  • Goldman Sachs CEO David Solomon sent a voice message to the firm's 38,000 employees on Sunday night updating them on his state of mind and how the firm has been responding to the coronavirus pandemic.
  • Solomon told the story of how the company held a call last week that discussed coronavirus testing procedures, hospital readiness, and treatment options that was attended by 21,000 people.  
  • The CEO explained how important it is for employees to take care of themselves and ensure they don't get burned out. On Sunday, Solomon went for a two-hour ride on his road bike, he said. 
  • Solomon wrapped up the message by announcing a firmwide town hall for this coming Thursday.
  • Goldman has favored voice communication over written memos during its 150-year history, and it remains one of the few banks to still use voice messages as a way for the CEO to communicate with employees. 
  • Visit BI Prime for more stories.

Goldman Sachs has long been a firm that prefers voice communication to written memos. 

The firm's employees famously liked to stop email conversations cold with the initials "LDL," or let's discuss live, and it's one of the few that still uses audio messages as a way for the CEO to communicate with staff. 

So it's no surprise that in the age of the coronavirus, Goldman continues to rely on voice messages to share employee updates. On Sunday, CEO David Solomon sent another one to the firm's 38,000 employees updating them on his thoughts about the pandemic and how the firm has responded

The way Solomon has delivered the message has changed in recent weeks and the CEO now favors recording a message on his iPhone and emailing the file to the firm's employees. The same communication would have been accomplished in the past by sending a voicemail, though as fewer employees take the time to listen to such messages the CEO sought out a new way. 

For Sunday's message, Solomon began by putting some numbers on the situation. As of Friday, about 80% of Goldman Sachs's employees were working from home, a percentage likely to increase this week as the company brings its Asia continuity plans in line with those it's enacted in Europe, he said. 

The CEO went on to explain how important it is for employees to take care of themselves and ensure they don't get burned out, especially when the lines between work and home get blurred when working from home. On Sunday, Solomon went for a two-hour ride on his road bike to escape the demands of his job, he said. 

"It may seem small, but it made a significant difference on how impactful I could be afterwards," the CEO said. 

Solomon said he'd just gotten off a 5 p.m. call, and had already spoken to his second-in-command, John Waldron, and Chief Financial Officer Stephen Scherr, six or seven times that day. 

During the work week, the three have been working from separate locations to reduce the chances of more than one contracting COVID-19, according to a person with knowledge of their schedules. Solomon has been working from the 41st floor in Goldman's headquarters, while Scherr works from the 29th floor, the person said. Waldron has effectively moved his office to Jersey City, New Jersey, where the company operates a second office hub. 

Solomon also gave some details on how the firm was helping clients, saying that it's been "responding to challenges like restructuring margin loans and increasing requests for capital," Solomon said in the audio message heard by Business Insider. 

Solomon also shared an anecdote that illuminated just how hungry clients are for information about the coronavirus and how it may impact the economy in the following months. 

On Friday March 20, Sharmin Mossavar-Rahmani, who as head of Goldman's institutional strategy group provides research to private wealth clients, convened a call that was attended by 21,000 people who dialed in to listen. 

The idea for the call, which discussed testing procedures, hospital readiness, and the search for a therapy and vaccine, came out of Waldron's conversations with the CEOs of Quest and Regeneron, and officials at Massachusetts General Hospital, Solomon said. 

"One way our people truly have risen to the occasion is how we share our learnings and insights," he said. "Clients are super hungry for this information." 

The same day, Solomon, alongside the CEOs of the other large banks, briefed the House Financial Services Committee on what the banks are doing to support consumers and companies, including small businesses. 

Solomon wrapped up the message by announcing a firmwide town hall for this coming Thursday.

"As I said before, this is a marathon and it requires all of us to make choices and try to prioritize."

- The story has been updated to show Solomon e-mailed an audio file to employees rather than recording a voicemail. 

SEE ALSO: Goldman Sachs and Bank of America just updated their WFH policies — again. Here's what they're telling employees about the latest steps aimed at combating the spread of coronavirus.

SEE ALSO: Read the full memo Goldman Sachs top brass just sent detailing the firm's coronavirus contingency plans, including separating employees into 'blue' and 'white' teams to alternate working from the office and home

SEE ALSO: Goldman Sachs just announced its first partnership for transaction banking as it looks to build a new $1 billion business moving money around the world

Join the conversation about this story »

NOW WATCH: WeWork went from a $47 billion valuation to a failed IPO. Here's how the company makes money.


Amazon sent guests of its cancelled robotics conference $600 Moncler jackets, and it shows an uncomfortable reality about Amazon's army of struggling warehouse workers (AMZN)

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Jeff Bezos MARS robot

  • Amazon sent Moncler jackets that cost $600 per unit last week to VIP guests of a private event called MARS after cancelling it due to the coronavirus.
  • MARS is separate from re:MARS, the robotic event that's open to the public.
  • Amazon's spokesperson said the gifts were purchased well in advance of MARS's cancellation, and were meant to be given to the guests anyway, as event attendees receive a gift bag of several items every year.
  • Amazon CEO Jeff Bezos was not personally involved in the decision to send the gift to MARS guests, the spokesperson said.
  • The gift is unusually generous for Amazon, a company known for its frugal work culture.
  • It's also a reminder of the two-class system — high-paid knowledge workers and low-wage blue collar workers — that Amazon's business is built upon.
  • Visit Business Insider's homepage for more stories.

Amazon warehouse workers on the frontlines of the coronavirus crisis won a long-fought battle this month when the company agreed to provide some of them with paid time off benefits. 

Around the same time, another group of people connected to Amazon received an unexpected surprise in the mail: A stylish winter jacket from Moncler, a French luxury ski-wear brand known for jackets with price tags that can reach thousands of dollars.

The jackets were sent to VIP guests of a private Amazon event called MARS, short for Machine-Learning, Home Automation, Robotics, and Space exploration, Business Insider has learned. MARS is an invitation-only event that started in 2016, in which CEO Jeff Bezos mingles with some of the most high-profile leaders in the robotics and space industries.

"As we'll miss seeing you in person this year, sending our warmest regards. Be well! MARS 2020 Team," Amazon's team wrote in a note for the gift. 

MARS, which was scheduled to take place from March 15 to 18, was cancelled a few weeks ago because of the coronavirus outbreak.

An Amazon spokesperson told Business Insider that the jackets were purchased well in advance of the event's cancellation, as they were supposed to be given as part of the event's gift bag that goes to all MARS guests every year. Bezos was not involved in the decision to send the jackets, customized with a MARS logo, which Amazon said had a cost of $600 each.

Moncler

The jackets were shipped on March 18 — two days after Amazon announced it was temporarily raising hourly wages for warehouse and delivery workers by $2, according to the spokesperson.

At a time when Amazon's warehouse workers are in the spotlight for working long, grueling hours in conditions some say are unsafe, the Moncler jackets are salient example of the two-class system that underpins Amazon's business empire, as well as much of today's so-called gig economy. That divide - between well-compensated "knowledge workers" and low-wage blue collar workers — is likely to come into starker relief as the coronavirus threat sends one group to work in the shelter of their homes while the other continues to report to the workplace. 

Not your average schwag

To be sure, Amazon is hardly unique in giving away special gifts and freebies to VIPs and business partners. From sports stadium box seats to branded fleece vests, giveaways are standard practice in the corporate world. Still, the Moncler jackets are a cut above the average schwag, and seem an unusually generous act of giving for Amazon, a company known for its frugal work culture.

Amazon announced the temporary raise for warehouse and delivery workers last week only after calls for better pay grew and workloads increased following the coronavirus pandemic. On Monday, it also rolled out paid time off across all warehouses following months of pressure from its employees, according to Buzzfeed. Some of Amazon's warehouses famously failed to install air-conditioners in the past until a local news investigation found workers had been falling ill.

Meanwhile, sellers that account for more than half of the products sold on Amazon's marketplace often complain about the lack of communication and clarity in policy changes. Following last week's announcement to block new shipments of non-essential products to its warehouses, sellers have expressed confusion about what products are still accepted. Even in Bezos's letter to employees on Saturday, his first public response to the coronavirus pandemic, there was no mention of the sellers.

The jackets appear to have shipped relatively quickly, despite the supply chain issues and shipment delays Amazon is experiencing due to the coronavirus. That may be because Amazon didn't ship them out of their own warehouses. One person who received the Moncler jacket told Business Insider that the gift didn't arrive in an Amazon box.

SEE ALSO: Amazon's latest shipment delays show it's willing to largely give up on non-Prime orders as the coronavirus puts strain on its supply chain

Join the conversation about this story »

NOW WATCH: People are still debating the pink or grey sneaker, 2 years after it went viral. Here's the real color explained.

The real-life effects the coronavirus is having on children in custody battles and how their parents should respond, according to a family lawyer

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coronavirus children

  • Marilyn Chinitz is a matrimonial and family law attorney, and has been practicing law for more than 35 years.
  • As an experienced negotiator, Chinitz has dealt with complex divorces and custody battles, and knows the toll these proceedings can take on children caught in the middle.
  • With the global outbreak of the coronavirus, parents who share custody and may even live in different countries are being faced with tough decisions as to how best ensure the well-being of their children. 
  • Chinitz explains how courts will approach custody battles differently due to COVID-19, and how parents can best advocate for their child's safety.
  • Visit Business Insider's homepage for more stories.

As parents, we want to do everything we can to protect our children from pain, unhappiness, bad experiences, and from rejection, hurt feelings, and disappointments. Now there is something new that we must protect them from: The risk of getting sick or infecting others with the coronavirus while their parents are in divorce litigation, fighting over their custody, visitation, and access rights.  

Seven million residents of the Bay Area in California have been ordered to "shelter in place." New York Mayor Bill de Blasio is warning New Yorkers to prepare for such an order as well. News reports advise to stay at home if possible, but many parents are facing an added complication.  During a divorce and certainly afterward, children commonly shuttle back and forth between each parent's household based upon a court-ordered visitation or parenting schedule. What happens if one parent or their household becomes infected with the coronavirus? What happens when a parent or a household member lives in a community with an outbreak or has been exposed to an infected person but shows no signs of being infected?

Marilyn Chinitz Headshot

Though life as we know it is sharply off-kilter, we need to use common sense and evaluate our true motivations.  Local and national authorities advise us to avoid public transportation when possible, limit non-essential travel, skip play dates and social gatherings, and avoid close contact with people.  But what about a child's time with their non-custodial parent?

How will a court handle a parent's refusal to turn over a child to the other parent in such circumstances?  How certain must a threat of infection be to justify a parent's refusal to comply with court-ordered access time?

Failing to comply with court-ordered parenting time poses a risk of contempt for parents. Weighing that risk against the potential life and death consequences of contracting and sharing coronavirus is something that the court is now grappling with, and it weighs heavily on the minds of parents of who want to spend time with their children in the face of a threat of transmission to the child.

Clearly, if a parent is infected with the coronavirus, a court will not insist that that parent have access to the child during this time. It is only common sense. The more attenuated the concern that a child can contract coronavirus, however, the more difficult it is to justify withholding access to that parent. For example, if the child's neighbor has a family member who has come down with the virus, but the child has had no contact with anyone in the neighbor's household, is it defensible to insist that he/she not travel to the other parent's home? Rest assured that actions taken now during this volatile time can be subject to subsequent review by the court.

Courts will review carefully a parent's motivation in limiting access between the other parent and child.  If you are truly concerned that there is a serious risk of infection to your child posed by the parenting access schedule, and you have persuasive evidence that parenting time would create risk of transmission, it is incumbent on you to bring those concerns to the attention of a judge who will immediately evaluate the situation.

What about increasingly common international custody arrangements? If a non-custodial parent resides in Europe or Asia, the courts will support the custodial parent's opposition to sending the child on a plane to a country that has a COVID-19 outbreak, as they will undoubtedly seek to minimize the risk of exposure to the virus to the child and others.  If a parent misses court-ordered access because of the coronavirus pandemic, the non-custodial parent will be able to make up such access time to the extent possible by either having an extended vacation in the future or extended summer plans provided, of course, that the environment is safe.

One would hope that two parents who love the same child would agree to take reasonable steps to ensure that a child is not unnecessarily exposed to infected individuals. Unfortunately, such is not always the case.

No one would disagree that the coronavirus is having a significant impact on children, parents, communities, local businesses, and the global economy. The reality is that the disruptive effect of coronavirus may mean that you will not be able to visit with your child if you live in an area that is infected.

Skype, FaceTime and other forms of communication are key to heading off unnecessary conflict during what is already an incredibly stressful time for everyone, especially children. Their daily routines have already been upset by mandatory school closures in many areas, with no end date in sight. Especially now, both parents need to be on the same page.  They need to discuss how to respond if a child becomes ill; they need to make sure that they are taking all measures to protect their children. Courts will not deviate in their evaluation of what is in the best interest of the child. Neither should the parents.

Marilyn Chinitz is a formidable advocate for her clients, guiding them through some of the most challenging transitions in their lives. A Partner at Blank Rome, Marilyn is a skillful negotiator whose numerous high-profile and celebrity cases have received national and international attention. Marilyn concentrates her practice in matrimonial and family law, particularly high-net-worth divorce actions. She has more than 35 years of experience in every facet of family law, including: complex divorce actions involving diverse transactional matters, high-conflict custody cases, international custody cases including the return of abducted children in proceedings filed under the Hague Convention, premarital agreements and postnuptial agreements, same-sex divorce/dissolution matters and paternity cases. 

SEE ALSO: Audible has made hundreds of its audiobooks free to the public to help parents looking to entertain their kids

READ MORE: 10 tips for working from home with your kids there, from a freelancer who's been homeschooling her kids for 3 years

Join the conversation about this story »

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GLOBAL RANKING: The top 25 online MBA programs

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  • As the coronavirus outbreak grows, more students are turning to distance learning or online classes to reduce the spread of illness. 
  • Each year, education specialists QS Quacquarelli Symonds rank the best business schools in the world.
  • Top online MBA programs include Marshall Business School at the University of Southern California and Imperial College Business School in London.
  • Here are the top 25 online MBA programs according to the QS rankings.
  • Click here for more BI Prime content.

Instead of earning an MBA full-time and in-person, students are pursuing online degrees to reduce the spread of illness amid the coronavirus outbreak.

So far, the coronavirus has infected more than 240,000 people across the globe. The ever-growing pandemic has closed college campuses across the US. Therefore, more students are turning to distance learning or online classes. In fact, after spring break, students at Harvard University and Yale are not permitted to return to campus and will have to complete their course load online, Business Insider reported

What's more, the number of business schools offering these online options has swelled in recent years, with 54% more online MBAs made available from 2012 to 2016, per the Financial Times. Meanwhile, on-campus MBA programs have started shutting down

Every year, the education specialists QS Quacquarelli Symonds rank the top online MBAs programs worldwide. 

These programs span the globe, offer tuition fees ranging from $19,946 to $101,288, and typically take an average length of 15 to 60 months to complete. 

If you're focused on reducing the spread of illness to your classmates, these online classes can help. 

Here are the top 25 best online MBA programs. 

SEE ALSO: The 25 best MBA programs in the world for ambitious entrepreneurs

25. EuroMBA

Location: France

Overall ranking score: 43.6

Average program length (months): 24

Employability: 47.7

Percentage international students: 100% 

Tuition: $35,535



24. Deakin Business School

Location: Australia

Overall ranking score: 44.4

Average program length (months): 30

Employability: 50.5

Percentage international students: 2%

Tuition: $35,708



23. Coles College of Business at Kennesaw State

Location: United States

Overall ranking score: 45

Average program length (months): 20

Employability: 42

Percentage international students: 1%

Tuition: $24,370



22. Bradford School of Management

Location: United Kingdom

Overall ranking score: 45.5 

Average program length (months): 36 

Employability: 43.5 

Percentage international students: 80% 

Tuition: $21,663



21. Whitman School of Management at Syracuse University

Location: United States

Overall ranking score: 45.6

Average program length (months): 30

Employability: 57.8

Percentage international students: 1%

Tuition: $84,186



20. Aston Business School

Location: United Kingdom

Overall ranking score: 45.7

Average program length (months): 35

Employability: 53.1

Percentage international students: 50%

Tuition: $23,829



19. Poole College of Management at North Carolina State University

Location: United States

Overall ranking score: 47.4 

Average program length (months): 36

Employability: 67.5

Percentage international students: 2%

Tuition: $44,955



18. George Washington University

Location: United States

Overall ranking score: 49.8 

Average program length (months): 42

Employability: 59.3

Percentage international students: 3%

Tuition: $101,288



17. Oxford Brookes Business School

Location: United Kingdom

Overall ranking score: 50.2

Average program length (months): 30

Employability: 57.2

Percentage international students: 51%

Tuition: $20,057



16. CENTRUM PUCP Graduate Business School

Location: Peru

Overall ranking score: 51

Average program length (months): 27

Employability: 65.9

Percentage international students: 20%

Tuition: $22,700



15. EU Business School

Location: Spain

Overall ranking score: 52.5

Average program length (months): 15

Employability: 60.7

Percentage international students: 100%

Tuition: $19,946



13 (tie). University of Otago Business School

Location: New Zealand

Overall ranking score: 52.8

Average program length (months):36

Employability: 66.1

Percentage international students: 0%

Tuition: $24,000



13 (tie). Colorado State

Location: United States

Overall ranking score:52.8 

Average program length (months): 33

Employability: 70.1

Percentage international students: 1%

Tuition: $41,559



12. Kogod School of Business at American University

Location: United States

Overall ranking score: 53

Average program length (months):24

Employability: 62.5

Percentage international students: 1%

Tuition: $81,984



11. Zarb School of Business at Hofstra University

Location: United States

Overall ranking score: 54 

Average program length (months): 20

Employability: 61.7

Percentage international students: 0%

Tuition: $63,875



10. Durham University Business School

Location: United Kingdom

Overall ranking score: 55.6

Average program length (months): 24

Employability: 52

Percentage international students: 58%

Tuition: $26,760



9. Warrington College of Business at the University of Florida

Location: United States

Overall ranking score: 56.4

Average program length (months): 21

Employability: 68.1

Percentage international students: 2%

Tuition: $58,000



8. Alliance Manchester Business School

Location: United Kingdom

Overall ranking score: 57.5

Average program length (months): 24

Employability: 63

Percentage international students: 87%

Tuition: $36,528



7. Politecnico di Milano School of Management

Location: Italy

Overall ranking score: 65.2

Average program length (months):21

Employability: 74.5

Percentage international students: 28%

Tuition: $34,389



6. Australian Graduate School of Management at the University of New South Wales Business School

Location: Australia

Overall ranking score: 66.1

Average program length (months): 60

Employability: 76.3

Percentage international students: 4%

Tuition: $40,821



5. Kelley School of Business at Indiana University

Location: United States

Overall ranking score: 66.2

Average program length (months):24

Employability: 83.1

Percentage international students: 11%

Tuition: $67,830



4. Warwick Business School

Location: United Kingdom

Overall ranking score: 68.5

Average program length (months): 30

Employability: 68.9

Percentage international students: 92%

Tuition: $43,327



3. Marshall Business School at the University of Southern California

Location: United States

Overall ranking score: 68.7 

Average program length (months):21

Employability: 86.1

Percentage international students: 3%

Tuition: $99,419



2. Imperial College Business School

Location: United Kingdom

Overall ranking score: 78.9

Average program length (months): 24

Employability: 91.9

Percentage international students: 84%

Tuition: $46,512



1. IE Business School

Location: Spain

Overall ranking score: 83.4

Average program length (months): 15

Employability: 98.9

Percentage international students: 94%

Tuition: $58,691



Goldman Sachs is going through a huge transformation under CEO David Solomon. Here's everything you need to know.

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Goldman Sachs CEO David Solomon

  • Goldman Sachs has been going through some high-profile changes. The storied investment bank is seeing leadership shakeups under CEO David Solomon and a slew of partner departures. 
  • The Wall Street bank has been moving away from high-risk businesses like trading and is making pushes into more stable areas like consumer lending, wealth management, and transaction banking. 
  • There have been big cultural changes, too. Solomon is looking to create a more transparent workplace, while new tech execs are taking cues from Silicon Valley heavy-hitters. 
  • At Business Insider, we are closely tracking the latest developments at Goldman. You can read all of our Goldman coverage on BI Prime.

Storied Wall Street bank Goldman Sachs is going through some massive shifts under CEO David Solomon.

It's taken big steps involving transparency and inclusion to change up its culture. It has seen a slew of partner departures — many in the securities division. And it's making big pushes into businesses like wealth management and transaction banking.  

Here's everything we know about what's been going on inside Goldman. 

Coronavirus response

Investor day 2020

Culture and talent

Consumer push, transaction banking, wealth management

Technology

Trading

Alternatives

Deals

Careers 

Join the conversation about this story »

NOW WATCH: WeWork went from a $47 billion valuation to a failed IPO. Here's how the company makes money.

I live in New York City and have coronavirus symptoms, including the loss of smell. But I'm still working — and I'm afraid I'll be furloughed soon.

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subway new york city

  • Ron* is a 29-year-old man who works in real estate development. 
  • After experiencing a dry cough, congestion, and loss of sense of smell, he contacted his doctor, who said he most likely has the coronavirus; a coworker he spent time with has tested positive.
  • His doctor warned not to come in for testing unless his symptoms get more severe, so he is self-isolating in his apartment — but he's still working remotely.
  • His biggest worry is that his company will put him on furlough, which he thinks would be worse than being laid off.
  • Visit Business Insider's homepage for more stories.

As told to Jimmy Im. The subject of this article wanted to remain anonymous. 

"Ron," a 29-year-old manager in real estate development who lives in Harlem, New York, woke up one morning with a sinus congestion and a dry cough. He lives alone, and he has self-quarantined at home every day since March 13. He's still working, and his office is closed.

At the first onset of symptoms, Ron called his doctor. 

"He told me to quarantine for two weeks, so I've been at home. He said, due to my symptoms, I pretty much have it. I shouldn't go to the hospital or ER to get tested because, with the slim chance I don't have it, I could definitely get it — and if I do have it, I'd put people at risk. I just have to assume I have it. 

"Every day, I have the same symptoms in terms of congestion, and I have a dry cough. I had a fever yesterday but it was like an hour. Out of nowhere I started sweating but then it was gone. I was literally on a video call. By the time the call was done, the fever was gone. I guess maybe I should buy a thermometer but I'm sure everyone's trying to buy thermometers right now.

"My symptoms haven't gotten better or worse. I'm pretty sure I got it from a colleague. She was one of those stupid New Yorkers who went out, posting Instagram stories of her going to bars in Brooklyn last weekend. She actually got really sick and got tested and was positive. I've texted with her every day. She said she couldn't smell or taste anything. I also couldn't smell anything for three days. I would spray cologne twice and couldn't smell it. It was so, so weird. That was only three days. I can smell again. 

"I'm drinking a lot of water and tea and taking all my vitamins and drinking smoothies and soup."

Despite the fact Ron has been sick and symptomatic for almost two weeks, he is still working. 

"I'm still working. I'm working today. I've been on calls all morning for development that has to be done within a year. Everything is moving forward like nothing happened. We're a publicly traded company. We can't do anything without running it through 75 people."

"I've been really lucky financially. I'm still employed, I haven't gotten cut. Everyone I know in New York City is on furlough, and I know people whose salary has been cut in half. They are basically working just to live. They are doing it because they need some sort of income. They're not happy about it. I'm not the only person I know in New York City who still has a job. My brother works in real estate management, so it's not like they're going to lay off the people running their buildings. It would be total chaos. 

"People I know whose salary has been cut in half are in restaurant groups that have literally laid off everyone but a few people they kept on board, but those people are getting paid half of what they were making, which already isn't a lot. 

"Some of the people I talked to literally yesterday just started crying, they were a mess, I felt so bad. I don't blame them. I would be the same. They are just a mess from all this pressure. Losing your job is one thing, but now you have all this financial pressure too. 

new york city streets

'I hope it will get all figured out for New York City.' 

"I don't know about other places, but if the city or state or federal government doesn't do something for restaurants, especially stand-alone restaurants, they will definitely close permanently. Restaurants can't pay rent, they don't make a lot of money anyway and they lost their staff. It's going to be a mega problem for restaurants and workers, but I'm sure there will be a bailout at some point. There has to be. It's the government that's forcing them to shut down. 

"But I know it will happen soon, that I'll get on furlough. That's my biggest worry. My employer could put me on furlough at any time without warning. It's scary. I wish they would lay me off so I get on unemployment, then they could eventually hire me back if they wanted. But I don't think that will happen. Even still, the day you're supposed to come back, they could fire you. If you get put on furlough, and you're like, 'No, I don't want to do it' and resign, you can't do unemployment. Even still, in New York City for unemployment, it's a fraction of your salary. I calculated it, and it wouldn't even cover my rent.

'I'm really lucky that I have some savings.'

" All my money from a house I sold I put in investment accounts that I can't touch so I technically can't take that money. I'll get a huge penalty if I take it out before I retire. 

"I have for sure lost money from the decline in the stock market. They are mutual funds basically. You know how the stock market dropped 50 percent? I haven't lost 50 percent of my investments, maybe 10 percent, which is a lot of money but not as much as a lot of people are losing. By the time I retire, I'm sure I'll get those stocks back."

What his doctor says

Jason Kindt, a medical doctor at Mount Sinai in New York, who ordered Ron to self-quarantine for 14 days, said: "Anyone sick should stay home for two weeks. I'm recommending good rest, good nutrition and to stay hydrated. The most concerning symptom is fever with shortness of breath — those people should seek medical advice or go to the ER depending on the severity of their breathing. 

"Remember, with limited testing, we don't know who has COVID-19 and who has other respiratory viruses. Testing has been limited to people who are at highest risk and people with fever, shortness of breath, and cough. We now know that sinus congestion, diarrhea, and headache may be symptoms for the younger population, but they don't meet current criteria for screening. Forty percent of people hospitalized with COVID-19 are 35-55 years old. I had a patient die last week in the ICU with COVID-19 related respiratory failure — he was only 57 and in relatively good health. (He has controlled hypertension).  

"Also, there are reports of decreased smell/taste, diarrhea, fatigue, headaches and sinus congestion, and a lot of this could also be other infections such as the flu, or sinusitis — the concern for lack of testing is that we cannot confirm COVID-19 in these cases. Testing is still limited to only the sickest of patients. So, anyone who has any type of sickness is given the same advice right now — stay home and self-quarantine for two weeks. If the symptoms are severe or the patient is scared, most doctors are now able to do TeleHealth visits to give advice."

*A pseudonym was used to protect the subject's identity. 

SEE ALSO: A top virologist in Belgium has been writing his children letters to calm their coronavirus fears. Here's how he assuages their concerns.

Join the conversation about this story »

NOW WATCH: Taylor Swift is the world's highest-paid celebrity. Here's how she makes and spends her $360 million.

5 ways to get restful sleep during a pandemic, according to a sleep expert

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sleep pillow insomnia sleeping bed nightmare

Your hands aren't the only thing you need to keep clean right now. Most Americans' sleep hygiene, another name for your sleep-related habits, has become downright filthy due to the global coronavirus pandemic. While the best way to protect from COVID-19 remains social distancing, isolation, and handwashing, it's also essential to go back to the basics of good health during this unprecedented time — and that includes good sleep.

Dr. Mike Dow, America's Go-To Therapist

Not getting a good night's sleep lowers immunity. With the strain on our healthcare system, now is not the time you want to come down with any preventable virus or bacterial infection. Of course, the anxiety, panic, and depression associated with the global pandemic make this a catch-22 for many. Good sleep is vital for healthy immunity, but an increasing number of people are having trouble sleeping. Yet, some of these sleep problems are the direct result of the changes many people have now made to their daily lives.

COVID-19 is also a reminder that good health involves a multitude of intertwined and complex variables. This helps us understand why having underlying health conditions tends to affect the course of the coronavirus in an affected individual. While good sleep won't make you immune to the virus, the current pandemic is a good reminder for all of us to go back to the basics of good health.

These are five things you need to do to sleep well during the coronavirus pandemic.

SEE ALSO: 3 ways to stay connected and not feel lonely by 'bringing your human to work' while working from home

NOW READ: How to stay productive while managing coronavirus fear, according to a productivity expert

1. Stop watching so much Netflix at night

While Bravo, Disney+, or a Netflix binge may take your mind off the pandemic during the day, don't watch too much at night. Electronics emit higher levels of the blue light that is particularly potent in suppressing nighttime melatonin production. Read under dim light at night instead, since it won't negatively affect sleep.

While you're at it, turn off HD streaming. Americans are now watching so much streaming TV that experts are worried we won't have the bandwidth for vital online functions. Disney+, Hulu, Amazon, and Netflix all have the option to turn off HD streaming. If you're using your phone, tablet, or computer to check news updates, turn on the night-shift setting. This will decrease (but not eliminate) the light that negatively affects sleep-wake cycles.



2. Get natural light — especially in the morning

The blue light that disrupts sleep at night has the opposite effect in the morning and during the day. Bright light actually helps to align healthy sleep-wake cycles — but most artificial light isn't strong enough to have a positive effect.

You want to expose yourself to the blue of the morning and early afternoon sky. Take a morning walk or jog while staying six feet away from others. If you're working from home, position your desk to face the window. Open the blinds. Sit in front of a window. Knit, read, pace, or do a crossword puzzle while exposing your eyes to this type of healthy light. 



3. Limit your daily news watching

We are all glued to the news. Details are changing every day, so do stay informed of the latest health recommendations. Don't watch so much cable or local news that you end up increasing your risk of developing an anxiety disorder.

Reading the latest recommendations for 10 minutes a few times per day is better for your sleep than watching 10 hours of news per day. After 9/11, PTSD-like stress responses were present in people around the country who were nowhere near the Twin Towers. These stress responses can interfere with good sleep. Find the sweet spot: Be informed without becoming an anxious, cable-news couch potato.



4. Keep your bedtime and wake time consistent

Remember, your circadian rhythm of melatonin which rises at night and dips during the day is designed to function in a 24-hour rhythm that corresponds to natural light. Coronavirus doesn't make us immune to this natural phenomenon.

With school and work getting cancelled, many Americans are sleeping whenever they want, which disrupts sleep-wake cycles. One of the simplest and easiest ways to help your sleep-wake cycle get back on track is to set a bedtime and wake time you can adhere to on a regular basis. Go back to your pre-coronavirus times. Consistency is key. 

Melatonin can be effective at helping to realign your sleep-wake cycle. With the increasing amount of TV we're now consuming, melatonin levels are likely to be lower. If you're having trouble getting back to your pre-coronavirus sleep schedule, try taking a melatonin gummy or fast-dissolve tablet 20 minutes before bedtime if you have trouble falling asleep. If you're having trouble staying asleep or waking up too early, try a time-release melatonin.



5. Use app-based home workouts

When people have trouble sleeping, they tend to focus on what happens at night. What you're doing with your body during the day is just as important. Being physically tired at the end of a long day makes easy and restful sleep more likely. You'll burn a few extra calories by doing household chores, but you really need to add exercise to really improve sleep.

Many gyms are now offering free app-based workouts. The Peloton digital app doesn't require the purchase of their bike or treadmill, and has equipment-free classes like outdoor runs, yoga, and meditation. So does the workout app Aaptiv. Barry's Bootcamp is offering free body-weight and band classes on their Instagram page and the IGTV app. Many other local gyms are offering free workouts on YouTube or online links, so check their websites. Dust off the old workout DVDs if you still have a player, or check out Gaia or Beachbody on demand.



You can get an online MBA on your own time. Here's how to choose the right program for you.

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college of william and mary

  • Picking the online MBA program that best aligns with your career goals and passions is no walk in the park — and with hundreds of remote options, it can certainly be overwhelming.
  • Business Insider spoke with six current and former MBA students to understand how they ended up at their respective programs.
  • When looking at options, these students suggest checking out not just the program's location, ranking, ratings, and curriculum, but also what its frameworks are, whether its competency-based, and how flexible it is in terms of deadlines and class structure.
  • Click here for more BI Prime stories.

When selecting an online MBA program, it can feel like there are almost too many options to choose from. 

Business Insider polled students from a variety of schools who have earned (or are currently earning) an online MBA to learn about their experiences. As you think through your own needs and preferences, use these stories as a guide to help you target the right school for you and your career goals to earn an online graduate business degree. 

Look for a program that offers a specialized focus on your industry

Christin Gomes, a senior marketing manager in Atlanta, successfully completed her online MBA from the University of Illinois at Urbana-Champaign in two years as part of the first graduating class of the program in 2018. "I completely enjoyed my experience and felt that it helped me transition into a more strategic marketing role and career path," Gomes said. "It has also assisted me with my entrepreneurial pursuits."

Christin Gomes 2

The remote program featured weekly virtual classes, office hours with professors, and group assignments with five to six members across the world. The class also met in person on campus once a year and hosted various meetups in cities across the US. 

Gomes emphasized that the program attracted many students in senior or executive positions in their industries. "That set it apart from many other programs I was considering," she said.

A key reason for Gomes' selection of her online program was that while many virtual MBA offerings feature general curriculums, the University of Illinois online MBA program allowed her to specialize and focus her degree in a specific industry — digital marketing and entrepreneurship. 

"Specializations are sometimes hard to come by when considering professional MBA programs, and this program is truly flexible in class schedule and course offering," said Gomes. "So choosing this one became a no-brainer for me. Also, the reasonable tuition of $20,000 didn't hurt my decision! As a grad of a private institution, going into further debt was not an option for me." 

Seek out a program with unique frameworks that best suit your learning style

Recent MBA graduate Eulica Kimber, who is also a certified public accountant, completed the online MBA program at the College of William and Mary in May 2019. Kimber said that she selected William and Mary because it is a cohesive cohort program centered around design thinking and addressing what the school calls "wicked problems." 

Eulica Kimber

"Each course is tied to the 'wicked problem,' and students are required to document the connection of each respective course to their self-developed 'wicked problem,'" explained Kimber. 

Kimber's problem to solve was figuring out how to bring business knowledge to unregistered business owners. As a result, she spent the summer creating an online business academy, Plan2Pro$per, with plans to offer scholarships to small business owners. 

"I've never been so excited about my business," said Kimber. "With the knowledge gained through my online MBA, I've found my passion and moved from a traditional accounting firm to offering training for small businesses."

Consider a program's location as well as their ranking, price, and curriculum

Another recent graduate from the William and Mary online MBA program is Katie Hotze, founder and CEO of Grocery Shopii. A decade ago, Hotze earned half of an MBA from a part-time program at Virginia Commonwealth University before she chose to stop taking classes due to a difficult pregnancy. In 2017, she started over with her MBA goal by switching gears to William and Mary's remote program and describes it as "fantastic": "Online MBA students take the program very seriously," she said. "They are not looking to burn an extra two years while searching for themselves. They tend to be focused and competitive."

Katie Hotze headshot

When deciding on an online MBA program, Hotze extensively researched her options, explaining that she "cared deeply" about the school's ranking since she worked in the consulting space where Ivy League degrees were the norm. She whittled her wish list down based on geography (she was based in North Carolina), as well as the ranking of the university's MBA program. The final three programs on her short list were the University of North Carolina, Chapel Hill (online), William and Mary (online), and Wake Forest (part-time via remote campus in uptown Charlotte).  

"Chapel Hill was the number-one online MBA program at the time; however, their price tag was $100,000 compared to William and Mary's $58,000," explained Hotze.  "The price tag became a powerful driver as the global consulting firm I worked for would only fund $10,000 per year, so I was responsible for the balance." And with her busy travel schedule and family life, she decided to pass on commuting to Wake Forest twice a week. 

"Once I narrowed in on William and Mary, I was so impressed by the curriculum," Hotze said. "Each class built upon the last, and all students were required to take the same 12 classes." She also points to the "wicked problem" as another draw to the program. "I learned so much through that required real-time application," she said. 

James Badia, who works in luxury real estate sales in Charleston, South Carolina, was able to earn his online MBA from Marylhurst University in one and a half years while working full time, and graduated in 2013. 

James Badia

"The program was very aggressive, and I spent about 30 to 40 hours each week studying," said Badia. "Being able to do all of the work from home and not attending in a classroom made the program much easier. Professors were always available to help with questions."

Badia explained that he chose Marylhurst for several reasons, but, "the main reason was that this was an established university, with a physical campus. It was over 100 years old and was not an online-only university. I was very concerned with the quality of the program along with the perception it would yield upon graduation," he said. 

Research the program's enrollment format and see whether it's competency-based

Public relations manager Casey Schow is currently working on his online MBA through Western Governors University (WGU) and recently received a Master's in Leadership and Management from the online college. 

Casey Schow

"It's great because students can go at their own pace, any time and anywhere they want," said Schow. "WGU is disrupting the traditional education model. One way they do that is by having enrollment all year round versus fall or winter programs that offer only select classes during that semester." Schow's personal goal is to complete two Master's degrees in 18 months, while working full time and spending quality time with his family. 

In addition to the enrollment structure, Schow added this additional motivator that led to his choice of school: "WGU is a competency-based program. The semester is six months long and you take one class at a time, going as fast or slow as you need to. If you are well versed in one specific topic you can quickly finish that class, leaving you more time to focus on what you need to learn, rather than what you already know."

Check out online reviews from current and previous students

LaKenya Kopf earned her MBA from online university American Military University (AMU). "Due to being pregnant and working full time, I had the same reasons as most people deciding to attend a remote school — control over my schedule," said Kopf. "I would tell anyone who is interested in pursuing an MBA to take advantage of a remote program, as it melds better with the demands of everyday life."

LaKenya Kopf head shot

After reviewing and comparing the curriculums for available online schools, she was impressed by the courses provided by AMU. "The degree outline was not full of philosophical or fluff classes like I saw with other online MBA programs," said Kopf. "I had business law, marketing, and calculus courses that were relevant to my degree."

But one of the key influencers of her decision came down to how peers in the program rated their experience of online MBA programs. "I checked online reviews from other students who attended [AMU] and they raved about the professors and support staff," said Kopf. Badia, too, reports that reading positive online reviews from other students helped tilt his decision to attend Merylhurst. 

Scope out how flexible the program is

Kopf reports that attending AMU was convenient, affordable, and flexible. "I was normally provided new lessons on Mondays and had until Sunday to complete them," she recalled. While students were also required to post in group discussions during the week, Kopf said it was clearly understood and communicated that most people attending were doing the program "between jobs, while kids were at school, or whenever life allowed it." 

There was no pressure to finish the entire program within a certain amount of time, explained Kopf, who completed the program in 23 months and graduated with honors. 

This article was originally published on Business Insider September 17, 2019.

SEE ALSO: Harvard Business School offers online classes that run parallel to its MBA program — for a fraction of the cost. 3 career-changers who took the courses explain why they don't regret skipping out on a degree.

READ MORE: BUSINESS SCHOOL PREP: The ultimate guides to getting into the top MBA programs in the US

Join the conversation about this story »

NOW WATCH: Taylor Swift is the world's highest-paid celebrity. Here's how she makes and spends her $360 million.


Cleveland Cavaliers billionaire Dan Gilbert is waiving rent payments for Detroit small businesses suffering from the city's coronavirus lockdown

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A Detroit-based real-estate company owned by Quicken Loans cofounder Dan Gilbert is waiving rent and parking payments for up to three months for the small businesses located in buildings.

Select businesses that are located in Bedrock buildings will not be charged for rent, parking, or other expenses through the end of June, the company announced in a statement released on Monday. To qualify for the program, a business needs only to meet the Small Business Administration's definition of a "small business" for a specific industry.

"As with all of our tenants, entrepreneurs and small businesses play an incredibly important role in our local economy, which has been central to Dan Gilbert's vision over the last 10 years of his investments in Detroit and Cleveland," Bedrock CEO Matt Cullen said in a statement. "It is going to take the entire community to mitigate the effects of this pandemic on the region, and we are happy to do our part to help our portfolio's most vulnerable businesses weather the storm.

In Detroit, Bedrock houses 125 retailers and restaurants, in addition to another 210 businesses in office space, according to a press release. It is unclear how many of those businesses would qualify for the firm's rent forgiveness program. The company said in a statement that none of the small businesses it leases space to had folded due to the virus thus far.

Detroit's theaters, gyms, bars, salons, and casinos were closed by an executive order from Michigan Gov. Gretchen Whitmer on March 16, The Detroit Free Press reported, while restaurants have been limited to only serving food for take out. The closures, which are currently slated to continue until April 13, are a part of the social distancing strategy that aims to slow the spread of the novel coronavirus to a pace that will not overwhelm the United States' healthcare system.

The downtime could be detrimental to small businesses, the majority of which only have enough cash reserves to survive for 15 days without additional revenues, a JPMorgan study found. Since originating in Wuhan, China, in December, the virus has already infected over 392,000 people and killed over 17,000, including 553 in the United States.

Gilbert built his $6.46 billion fortune after cofounding Quicken Loans in 1985 with money he made from delivering pizzas, according to the Bloomberg Billionaires Index. Quicken is now the largest mortgage lender in the United States, Bloomberg reports. The 58-year-old billionaire is also the majority owner of the Cleveland Cavaliers, according to Bloomberg.

SEE ALSO: Melinda Gates is taking walks, Warren Buffett is drinking more Coke, and Elon Musk is still going to work. Here's how the world's richest people are preparing for the coronavirus outbreak.

DON'T MISS: Gen Z workers will likely bear the brunt of the coronavirus layoffs

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The exact steps a freelancer turned entrepreneur took to build up a 6-figure salary and self-fund her own startup

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Vivian Chen, founder of Rise — a freelancing platform for women

  • Female-founded startups receive less than 3% of total venture capitalist investments, according to a 2019 report.
  • Vivian Chen leveraged her $300,000-a-year freelancing income to self-fund her own startup, a freelancing platform for women called Rise.
  • The most popular method of small business financing isn't from investors, venture capital, bank loans, or family, but through personal funds.
  • If you're looking to bootstrap your own business, she recommended transitioning slowly from freelancing to entrepreneurship, not being afraid to launch before you're ready, and saving money where you can.
  • Click here for more BI Prime stories.

Vivian Chen likes to joke that her startup, Rise— a freelancing platform for women — is "VC funded," as in funded by Vivian Chen, not venture capitalists. 

"All jokes aside," she explained to Business Insider — it's worth noting that female startup founders receive less than 3% of total venture funding, according to a 2019 Pitchbook and the National Venture Capital Association report — "until a few months ago, I still freelanced on the side to support my business." 

Her startup's origin story is similar to many others — the result of a happy accident. Having worked in corporate marketing for L'Oreal for several years, she initially set out to start a skincare company. After finding out how costly it was going to be to launch, however, she picked up freelance marketing consulting for clients across a variety of industries, from diamond brands to DTC cosmetic companies to billion-dollar fintech unicorns, as a way to fund that initial business.

Soon, her roster of clients grew and she found herself barely able to keep up. Eventually, she was earning $300,000 a year as a freelancer.

At the same time, she had many female friends asking her how they could make the transition to freelancing and if she had any work for them. 

"The 'aha' moment came when a Fortune 100 company approached me and offered me a position that was five levels above where I had been just a year prior," said Chen. "I realized that I had 'hacked' my career and discovered a way to go up the ladder faster by getting out of the traditional full-time structure."

That realization inspired her to start Rise that very weekend. She hasn't looked back since. 

While there are other freelancing platforms to choose from, Chen saw a need for one with a different purpose: one that would position freelancing "as a way for women to leapfrog one's career," she explained.

Whereas other gig economy platforms, like Fivver, formed to help employers find low-cost labor, Chen's goal with Rise has been to focus on creating a community of 10,000 high-skilled, high-performing, US-based freelancers, who, on average among the current membership, have seven years of experience or more. 

Another differentiator for the Rise model is that Chen and her nine-member team of independent consultants (including sales, community, marketing, design, content, and PR) want to connect freelancers to benefits and support services not often available to independent contractors, such as health insurance. In 2019, Rise announced a partnership with health-insurance administrator Decent to offer options for self-employed workers in Austin. 

For the first year and a half, the company had been completely bootstrapped by Chen, which is the most common way small businesses are financed — through personal funds, not by angel investors, VCs, banks, or family. After covering her own personal basic living expenses, Chen invested about $100,000 of what she earned from her consulting work in 2019 into her company.

For 2020, the founder is exploring securing outside funding to accelerate Rise's business growth. Here's how she successfully self-funded her business and got it where it is today.

Transition gradually and save money where you can

Chen's shift from freelancer to entrepreneur was gradual — no unrealistic instant success story here. In the beginning, she worked three days a week doing outside freelancing consulting work and another three to four days a week on building Rise. 

Since she taught herself to code— via courses on Udemy (for about $10 each) and Coursera, classes in person at General Assembly, searching for answers on Stack Overflow, and through the help of engineering friends — she was able to build the Rise platform, in addition to all of the initial sales, acquisition, marketing, and content without hiring any technical or specialized hires, which kept costs low.

Another way she has kept expenses to a minimum is by not having a physical office (relying instead on The Wing, a coworking space for women, and booking conference space through the Breather platform as needed) or full-time employees or spending money on paid customer acquisition strategies.

Don't wait until it's perfect to launch

When a company posted a job to a listserv Chen was a member of, she decided to reach out and ask if she and Rise could help. Within two days, she secured her very first client, an entrepreneur who has since come back to work with Rise on additional projects.

Vivian Chen's potential client for Rise

Vivian Chen, Rise founder, finding a client

"Getting that first customer required getting over a major fear because I didn't feel like Rise was ready," said Chen. "I had to really push myself to just put myself out there and see what the product response would be."

As a founder, she has had to remind herself to focus on progress over perfection. That's her advice for other aspiring entrepreneurs as well: Learn quickly and iterate, and don't spend a significant amount of time and effort launching a product that potentially nobody may want. More than ideas, she said, it takes courage to put creativity into action. 

"Don't wait for perfection, don't wait until you are 'ready,' because by then you are already too late," she said.

Freelance as a way to springboard your business

As a freelancer, Chen found herself faced with imposter syndrome — overcome by feelings of uncertainty about her own performance — but each time she successfully completed a project, she realized, "I am valuable, smart, diligent, and have immense capacity for problem-solving in various fields," she said.

She's experienced that same cycle as a founder as well. Many aspects of her new role as founder — building a tech product, hiring team members, managing resources and business expenses, and making critical product decisions — have been new to her. Still, overcoming challenges like these has been familiar.

After all, since freelancers are business owners, this isn't her first time launching a business.

For those considering starting a new venture, she sees freelancing as a path, since it provides the flexibility to set your own hours, location, and field to work in. This can provide a great opportunity to explore and take risks you might not otherwise consider in a full-time capacity, said Chen, which can "allow you to get out of your comfort zone, to expand your network, and to ultimately leverage different ways of thinking."

SEE ALSO: A former police officer turned a side hustle cleaning up crime scenes into a multimillion-dollar franchise — and now she's taking on cleaning up the coronavirus pandemic

NOW READ: A family in Colorado invented their own winter attraction and turned it into a million-dollar business — here's how

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Here's what you need to know about the $1.8 trillion coronavirus bailout everyone keeps talking about

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  • The federal government is set to give a bailout to industries hardest hit by the coronavirus pandemic, from airlines to tourism.
  • A bailout is not strictly free money from the government, and could come in the form of loans or grants with limitations.
  • Here's what a bailout is, what could be included in the one to address the coronavirus fallout, and a look at past bailouts in the US.
  • Visit Business Insider's homepage for more stories.

What a bailout is — and isn't

A government-funded bailout is more complex than just free money from the government. The bailout, while still being negotiated, is likely to give financial assistance to major corporations, small business, and individuals alike. 

The bailout will likely include grants — money not to be paid back — to corporations, as well as checks to Americans to help boost the economy. 

It is also set to include loans to be repaid by businesses after they bounce back from the economic fallout. 

The grants are also likely to come with some strings attached, such as limits on executive compensation or stock buybacks for the companies benefiting from the bailout. 



What could be included in the bailout

Democrats and Republicans in the Senate have struggled to agree exactly on what the bailout — which is set to cost the government more than $1.8 trillion — should include. 

A $500 billion fund proposed in current legislation to help industries like airlines — which would receive around $58 billion if the bill passes — and tourism has come under fire from Democrats who say that the fund lacks critical oversight, according to a report by Politico.

The bill is also likely set to send Americans $1,200 checks to help boost the economy, though the exact amount is in flux as the bill is negotiated, and could change with income and dependents. 

Republicans and Democrats are also at an impasse on things like unemployment assistance and funding for hospitals, according to the Politico report. 

 



Which companies could get a boost from the bailout

Airlines For America, an airline industry group that represents major carriers like United, American, and Delta, as well as UPS and FedEx, asked for a $54 billion bailout

The request included $29 billion in grants (money not to be paid back) and $25 billion in loans and tax breaks. 

The airline industry has received criticism for asking for financial help even though many of the industry's largest companies, such as American Airlines, Delta Air Lines and United Airlines, spent billions on stock buyback in recent years.

The restaurant industry is asking for help as many restaurants around the country have been forced to close and lay off employees. The National Restaurant Association asked the White House and Congress for a $145 billion recovery fund to pay employees and maintain financial obligations. 

The group also asked for $45 billion in loans, and assistance in deferring mortgage, lease, and loan obligations. 

Hotels are seeking help, too. The American Hotel & Lodging Association, which represents companies like Hilton and Marriott, requested $250 billion, according to a report by USA Today.

The association is seeking $150 billion for companies to pay employees and loans, and $100 billion for suppliers. 

 



A look at recent bailouts

The coronavirus bailout is set to be much more costly than the Wall Street bailouts during the Great Recession. 

The bailout to help recover from the coronavirus fallout is set to top $1 trillion, which is much more than the nearly $500 billion spent to help Wall Street. 

The Wall Street bailouts, which included $311 billion for Fannie Mae and Freddie Mac, $90 billion for the Trouble Asset Relief Fund, and $6 billion for small business lending, cost the federal government around $498 billion, according to MIT's Sloan School of Management

The bailouts that helped the country recover from the Great Recession were, and still are, criticized as handouts to giant banks, and echo criticisms that this bailout is more of the same. Sen. Elizabeth Warren called for"No more slush funds or no-strings-attached handouts" for major corporations in the coronavirus bailout. 



The vast majority of recently surveyed employees at McDonald's, Subway, and Pizza Hut report a lack of access to paid sick leave. A closer look at some of the nation's top retailers and food giants paints an overall grim picture.

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  • Four in 10 hourly workers don't have access to paid sick leave, according to data from the Bureau of Labor Statistics, a disturbing fact given the global outbreak of the novel coronavirus. 
  • The Shift Project— a project by the University of California, Berkeley, and the University of California, San Francisco — surveyed service workers from employers like McDonald's and Target between 2018 and 2019. 
  • A sometimes significant percent of those workers reported not having access to paid sick leave, according to project's researchers. 
  • Now some companies are adjusting their policies, for example, allowing their workers to quarantine for 14 days if they contracts the virus, in addition to others.
  • Visit Business Insider's homepage for more stories.

As the novel coronavirus continues to spread across the US, many Americans who don't have access to paid sick leave or who have access but feel pressured not to take it, are left with an impossible choice: go to work and potentially contract the virus, or stay home and risk losing their job. 

Four in 10 hourly workers don't have access to paid sick leave, according to data from the Bureau of Labor Statistics. Some of the workers most at risk for contracting the virus include service-sector workers, such as those in the food, retail, and hospitality industries, according to Labor Department data that tracks jobs that involve close proximity to others.  

A closer look at some of the nation's top retailers and food giants revealed a variety of responses, but paints an overall grim picture. Some 99% of workers surveyed at the restaurant Waffle House, for example, reported not having access to paid sick leave, according to The Shift Project

The Shift Project is an effort by researchers at the University of California, Berkeley, and the University of California, San Francisco, to collect more data on workers in the service industry. Since 2016, its leaders have collected surveys twice a year from thousands of service-industry employees, including workers at McDonald's, Dunkin', Kohl's, and Walmart.  

Researchers looked at the largest service-sector employers by number of employees, using information from ReferenceUSA, a data and research company. They then asked about 388 workers from each company if they believe they receive paid sick leave from their employer. Data was collected by The Shift Project between February, 2018 and November 2019. It is possible that permanent company policies may have changed since then. 

While several large retailers, including McDonald's and Restaurant Brands International, which is the parent company of Burger King, have adjusted their policies in light of the pandemic, many of the changes are either temporary, apply to corporate-owned stores (and not franchises), or apply only if someone has been diagnosed with COVID-19, not if they are simply feeling unwell. Updates to company policy related to the novel coronavirus have been included below. All companies were contacted for request for comment. Most did not reply.

These are the largest service-sector employers where many respondents said they don't believe they have access to paid sick leave, based on data from 2018 and 2019.

SEE ALSO: Job postings are down across the globe. Here's how the US ranks compared to 10 other countries.

About 78% of McDonald's workers surveyed reported not having access to paid sick leave.

The company employs approximately 518,000 workers in the US.

McDonald's has offered five days of paid time off to hourly workers in company-owned stores since 2015, according to CNBC. The company recently announced that employees at company-owned US locations will receive pay if asked to quarantine for 14 days.



About 27% of Walmart workers surveyed reported not having access to paid sick leave.

The company employs approximately 347,000 workers in the US. 

Walmart has made several changes to its policy. On March 9, the company  announced that it would waive its attendance policy through the end of April as part of a new emergency leave policy. Employees can now take unpaid leave if they feel unable to work or uncomfortable coming to work, Business Insider's Irene Jiang reports.

"Walmart employees who contract the virus will receive 'up to two weeks of pay,' the company said in the memo. After two weeks, hourly associates who aren't able to return to work are eligible for up to 26 weeks in pay," Jiang writes.



About 70% of Kroger employees surveyed reported not having access to paid sick leave.

The company employs approximately 189,000 workers in the US.

Kroger recently announced that it will provide a one-time bonus to every hourly frontline grocery, supply chain, manufacturing, and customer service associate, amounting to $300 for every full-time associate and $150 for every part-time associate. The company also expanded its COVID-19 emergency leave guidelines to include paid time off for self-isolation and symptoms as verified by an accredited healthcare professional, according to a statement sent to Business Insider.

"We believe that by expanding our emergency leave guidelines, more of our associates can feel certain knowing that if their health is affected by or if they experience symptoms of COVID-19, they will be supported while they stay at home and recover," Tim Massa, Kroger's senior vice president and chief people officer, said in part in a statement shared with Business Insider. 



About 86% of Subway employees surveyed reported not having access to paid sick leave.

The company employs approximately 180,000 workers in the US. Subway did not respond to request for comment.



About 86% of Burger King employees surveyed reported not having access to paid sick leave.

The company employs approximately 165,000 workers in the US.

The CEO of Restaurant Brands International previously confirmed to Business Insider that employees at corporate-owned restaurants affected by the coronavirus would receive up to 14 days of paid sick leave.  



About 88% of Pizza Hut employees surveyed reported not having access to paid sick leave.

The company employs approximately 156,000 workers in the US. Pizza Hut's parent company, Yum Brands, is will be "paying any employee required to self-quarantine for their regularly scheduled hours — but only if they are employees of a corporate-owned restaurant, not a franchise," according to Eater's Jaya Saxena.



About 84% of Wendy's employees surveyed reported not having access to paid sick leave.

The company employs approximately 133,000 workers in the US. Wendy's did not reply to request for comment.



About 50% of Target employees surveyed reported not having access to paid sick leave.

The company employs approximately 151,000 workers in the US. 

Target announced Friday it is raising its pay by $2 an hour until at least May 2. In addition, the retailer is offering new option for all team members who are 65 or older, pregnant, or those with underlying medical conditions to access paid leave. 



About 43% of Marriott employees surveyed reported not having access to paid sick leave.

The company employs approximately 139,000 workers in the US. Marriott did not respond to request for comment, 

On March 17, Marriott International, said it has started to furlough what could amount to tens of thousands of employees, Business Insider previously reported



About 77% of Taco Bell employees surveyed reported not having access to paid sick leave.

The company employs approximately 125,000 workers in the US.

Taco Bell announced that it will continue paying employees of its company-owned restaurants who are who are required to stay at home or who work at a location that has been closed due to the pandemic, The Los Angeles Times reported. However, most of Taco Bell's locations are franchisee-owned.



Jobs are booming in healthcare and transportation. Here are the 15 top jobs companies are hiring for amid the pandemic.

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  • The job marketplace ZipRecruiter used listings on its website to identify four industries with increased hiring amid the coronavirus outbreak: transportation, tutoring, warehousing, and healthcare.
  • As businesses close to try to slow the spread of the novel coronavirus, many workers have already lost jobs and hours.
  • Some experts estimate the unemployment rate, which hit record lows in December, might jump to 20% during the likely impending recession.
  • Demand for nursing jobs, including registered nurses and nurse practitioners, is up by 49%, ZipRecruiter said.
  • Here are 15 job titles with increased demand amid the coronavirus outbreak.
  • Visit Business Insider's homepage for more stories.

Millions of US workers have either lost jobs or hours as the coronavirus outbreak continues to upend American life.

But some jobs have grown over the past month.

The job marketplace ZipRecruiter tracked month-over-month changes in demand for job titles and industries between February and March. The company connects millions of job seekers to businesses on its marketplace.

Through its analysis, ZipRecruiter found four industries with hiring spikes during the US coronavirus outbreak: manufacturing, tutoring, healthcare, and transportation.

Demand for nursing jobs, including registered nurses and nurse practitioners, rose by 49%, for instance. Jobs for truck drivers who can operate CDL flatbed vehicles rose by a whopping 976%. And warehouse workers are the big winners — warehouse-handler roles saw a 1,677% increase in March.

Here are 15 jobs that have seen rapid increases in hiring over the past month: 

SEE ALSO: 25 recession-proof jobs for anyone worried about the next economic downturn

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Warehouse-handler roles saw a 1,677% increase in March.

Industry: Warehousing

Job description: Material handlers unload product deliveries, maintain stock in the warehouse, and move stock and other materials to fulfill orders.

Salary on ZipRecruiter: $27,916



Roles for drivers of CDL flatbed truck saw a 976% increase in March.

Industry: Transportation

Job description:CDL truck driver job duties include fully understanding how to operate and safely drive your assigned vehicle, driving vehicles with a gross vehicle weight over 26,000 pounds, and picking up and safely transporting goods, livestock, etc., to the intended destination.

Salary on ZipRecruiter: $50,954



Roles for certified home health aide saw a 170% increase in March.

Industry: Healthcare

Job description: Home health aides are trained healthcare professionals who assist patients with personal tasks, such as taking medication, eating, bathing, dressing, cleaning, and other care activities. 

Salary on ZipRecruiter: $25,098



Medical-transporter roles saw a 124% increase in March.

Industry: Transportation

Job description: A patient transporter moves patients and equipment from one place to another within a hospital or healthcare facility.

Salary on ZipRecruiter: $13 an hour



Medical-equipment-technician roles saw a 106% increase in March.

Industry: Healthcare

Job description: A biomedical equipment technician repairs and maintains biomedical equipment used by hospitals and clinics. 

Salary on ZipRecruiter: $46,964



Picker-packer roles saw a 67% increase in March.

Industry: Warehousing

Job description: Picker packers find and collect merchandise in a warehouse and prepare the items for shipment to customers.

Salary on ZipRecruiter: $12 an hour



Registered-nurse (ambulatory) roles saw a 47% increase in March.

Industry: Healthcare

Job description: An ambulatory care nurse is a registered nurse (RN) works primarily in outpatient settings, providing a range of services to those in need.

Salary on ZipRecruiter: $85,310/year



Intensive-care-nurse roles saw a 34% increase since March.

Industry: Healthcare

Job description: An ICU nurse provides patients who have life-threatening conditions with medical care. They operate out of the critical-care wing of a hospital or medical facility.

Salary on ZipRecruiter: $41 an hour



Statistics-tutor roles saw a 17% increase in March.

Industry: Tutoring

Salary on ZipRecruiter: $57,617



Calculus-tutor roles saw a 15% increase in March.

Industry: Tutoring

Salary on ZipRecruiter: $26 an hour



GMAT-tutor roles saw an 11% increase in March.

Industry: Tutoring

Salary on ZipRecruiter: $42 an hour



Certified-medical-assistant roles saw an 11% increase in March.

Industry: Healthcare

Job description: A medical assistant provides direct and immediate support to physicians in clinical settings or private practices, taking care of many administrative and clinical tasks to streamline treatment.

Salary on ZipRecruiter: $30,656



MCAT-tutor roles saw a 10% increase in March.

Industry: Tutoring

Salary on ZipRecruiter: $28 an hour



Merchandise-associate roles saw a 6% increase in March.

Industry: Warehousing

Job description: Merchandise associate's responsibilities include stocking storefront shelves, entering products into the store inventory system, applying price tags, arranging product displays, and maintaining an appealing shopping environment.

Salary on ZipRecruiter: $28,924



Delivery-driver roles saw a 2% monthly increase in March.

Industry: Transportation

Job description: A delivery driver is a transportation professional who delivers over short or long distances. 

Salary on ZipRecruiter: $29,699



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