
Week in Work
Jobs Trimmed After AOL-Netscape Merger
Up to 1,000 jobs will be lost as a result of the acquisition of Netscape by AOL, the company has announced. The job cuts will be concentrated in corporate areas that overlap between the two companies, such as human resources. The Virginia-based AOL says that Netscape operations will remain headquartered in Mountain View, California.
How the Golden State Got Its Name
Employees in California earn 15% to 20% more than those in similar jobs elsewhere, according to a new survey of salary trends around the nation. New York and Boston workers also have salaries well above the national average, at 16% and 8%, respectively. Employees in the midwest take home paychecks closest to the national average.
More Resumes Arrive over Web
A new survey reports a rise in the number of firms allowing applicants to submit resumes via the Internet from 17% last year to 38% in 1999. The trend is expected to continue as short-staffed companies seek to expand recruitment strategies. The survey also reported a rise in temps being hired into full-time positions.
Workplace Bullying Is Major Cause of Stress
A meeting between government officials and psychologists to address the problem of stress and health on the job concluded that workplace aggression is a serious, though overlooked, health concern. Anxiety, stress and trauma often result from workplace harassment, researchers say. Even executives are not immune: One study reported that 32% of executives suffered some form of verbal abuse in the last year.
Casual-Friday Backlash?
With casual Fridays becoming ever more common, a New Jersey-based PR and marketing company is treading their own path with formal Fridays, when employees sport tuxedos and evening gowns. The ten-employee Pollak Agency says the policy is a statement against a business world that they feel has gotten too casual. Analysts say the spread of casual dressing has left many in the corporate world uncertain about issues of authority and identity.
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