Here are three of the week’s top financial news, gathered from the web:
How to negotiate the salary
“Whether you are considering a new job offer or discussing a raise with your current employer, you should always negotiate,” Brian Liou told Business intern. “Even if they act differently, businesses expect negotiation to be part of the process.” It’s a business relationship – you offer your skills and experience and should be paid accordingly. Many candidates believe employers will assume that “you are not passionate about the job if you negotiate compensation.” It is a myth. Go ahead and “ask for more than what is offered”. If you are applying for a new job, aim for at least 15% more than your current salary. Having a counter offer on hand is helpful but should not be shared up front – “even if the company asks for it”. Let them set their terms based on your value to their business, then “use counter-offers as a last resort.”
New user fee for COVID treatment
COVID treatment is no longer fully covered by most health insurance companies, Christopher Rowland told The Washington Post. “Last year, 88% of people with private insurance had their COVID treatment co-payments and deductibles canceled.” But that’s a different story in 2021. Those without insurance still get their treatment costs covered by the federal government, and Vermont and New Mexico still need private insurance to pay for the cost. bill COVID costs. But millions of other people with private or employer-sponsored plans face “usual medical billing.” A woman’s bill after her one month stay in an intensive care unit was $ 5,500. Even patients with Medicare “could face reimbursable costs if they did not have additional insurance”.
PayPal tries to be a “super-app”
By copying the dominant all-in-one apps in China and elsewhere, PayPal has taken the first step in “being largely a payment utility that adds to other offerings here and there, to a more comprehensive financial app. “Sarah said. Perez to Technological crisis. Its new “super app” offers improved bill payment functionality that tracks bills from 17,000 different businesses, “including utilities, television and internet, insurance, credit cards, telephone and more.” . It also adds savings accounts and direct paycheck deposits through banking partners, along with a stream of offers and discounts. A short-term goal: “to enter the investment space” and compete with mobile investment applications, such as Robinhood.
This article first appeared in the latest issue of The week magazine. If you want to read more, you can try six risk-free issues of the magazine. here.