Why You Are Becoming More Expensive Than a Robot
You might notice that getting your foot in the door at a new company feels much harder than it used to. It isn't just a tough economy; there is a fundamental shift happening in how much it costs an employer to hire a human versus paying for a piece of software. High-profile leaders are now admitting that the only way for you to stay competitive in the job market is to make you "cheaper" for companies to employ by slashing the taxes tied to your labor. What's Going On Rishi Sunak is highlighting a major hurdle for anyone looking for work: National Insurance. This is a tax that you see deducted from your paycheck, but there is also a hidden version that your boss pays on top of your salary just for the privilege of hiring you. When a company looks at a new graduate, they do not just see the salary they have to pay; they see that salary plus this extra "jobs tax." As artificial intelligence becomes more capable of handling entry-level tasks like data entry, ...