SoFi Blog

The CARES Act expands unemployment benefits during the COVID-19 crisis. Learn more about what this means if you are newly unemployed.

Even though this crisis has derailed the plans of millions, it’s still possible to stay ambitious amidst the uncertainty—and even to make career progress.

Equal pay day is March 31. Here are some tips on how to work towards closing the gender pay gap and ensuring women are paid fairly.

In response to COVID-19, the U.S. Congress and the various branches of the Trump administration are proposing a wide array of measures.

The gig economy has been on the rise for a while now, altering the way people find and perform an increasing number of jobs—from ride-sharing to delivering groceries to consulting on high-level projects.

And as the app-based and online technology that simplifies those transactions evolves—matching workers with the businesses and consumers who need their services—the trend is expected to continue.

But there have been growing pains. Some gig workers and their supporters have raised questions about basic protections and benefits they’ve lost out on because they’re considered independent contractors instead of employees, including overtime pay, paid sick days, and worker’s compensation insurance.

Others say the flexibility many independent workers enjoy can translate to job volatility for those who participate in what the US Bureau of Labor Statistics calls “electronically mediated employment ,” especially those who drive for a living.

Now it seems their voices were heard, at least in California, where a groundbreaking law signed by Governor Gavin Newsom in September went into effect January 1, 2020. The law is expected to change the way employers treat certain nontraditional workers, but it has seen a lot of push back from companies.