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The Clark Howard Podcast

1.13.20 Employers paying you to relocate; Former Boeing CEO's insane payday; Verizon ditches TV contracts

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 13 January 2020

⏱️ 35 minutes

🧾️ Download transcript

Summary

A large percent of publicly traded companies are losing money right now, even in a decade-long strong economy. But we’re moving into a feast / famine cycle of employment and what you know can help you. The general trend now is that big companies are reducing headcount by attrition. They’re not filling open positions. Meanwhile the smaller local and regional companies not involved in international trading – are generally doing well and bidding for workers. Topeka Kansas is offering incentives of up to $15 to get people to move there for work. The WSJ reports companies are offering relocation bonuses to attract new workers – a perk common 15 years ago now returning. Focus on opportunity to find real advantage in the marketplace. We creatures of habit need to look out the window. Because of rotation in the corporate environment, this is a time of big wage disparity. Your skills may be worth more to another company than you’re getting now. Take advantage of education and training, so important to finding the best opportunities. If you feel dead ended, explore further training. Boeing's CEO was fired for undermining a culture of safety that ultimately caused two crashes and cost hundreds of lives. He’s getting severance between $62M and $82M for failing. Newly released memos further expose a chaotic culture of eroding safety standards. Internally, many knew the plane was unsafe and some laughed at being able to con the FAA in approving the Max. Failure is rewarded handsomely in the executive suites of big publicly traded corporate America. Hundreds died due to gross negligence by Boeing and the CEO is scoring millions. Why is no one being charged criminally – with manslaughter at least – in this circumstance? Disputes between local network affiliates and operators about carry provisions and payment are ongoing. It’s a great idea to have an antenna for local channels. If you get a good signal, it may be all you need for NO monthly fee. If you stream content, having an antenna is great as well. AntennaWeb - Antenna Signal Prediction – Antenna Web has updated their site and revised their search tool for local channels and antenna recommendations based on address including topography. If you live in a high-rise facing broadcast towers, any antenna may due. Other residents may need heftier attic antennas, or easy TV boxes. Locast is a non-profit for streaming local channels. Verizon and the cable monsters have all pushed packages. Now, Verizon is dropping contracts. Great news for consumers! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Glad you're with us here on the Clark Howard Show where it's all about you and that

0:10.9

quality yours.

0:11.9

I want you to learn ideas to me so that you can save more and spend less and don't let

0:17.4

me whenever rip you off.

0:20.9

So what happens when you fail at a company?

0:24.9

Today's Clark Regist moment.

0:26.8

You'll hear about a former CEO who's getting $80 million to go away.

0:35.4

Amazing.

0:36.4

And coming up yet later, there are some changes in how you get television and internet that

0:43.0

I want to make sure you're aware of so that in an environment that's changing very quickly,

0:49.8

you're getting the best deal for your home and if you're a business owner for your small

0:55.9

business.

0:56.9

I want to talk right now about changes going on with employment in the United States.

1:04.0

These are significant and important to you.

1:09.6

Information on the economy that you can trust, advice from Clark that you can use today.

1:14.4

This is a special session of Clarkonomics.

1:18.6

Big story in the financial world over the weekend that a big percent of big publicly traded

1:26.0

companies are actually losing money right now.

1:30.9

They are not making money.

1:32.2

They are losing money.

1:34.6

And this is at a time that the US economy has been on a steady uptick for a decade.

1:43.8

And numbers have steadily gotten better and better over the last 10 years.

...

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