Hawaii Five-O stars Grace Park, Daniel Dae Kim quit after salary dispute

Hawaii Five-O stars Grace Park, Daniel Dae Kim quit after salary disputeHawaii Five-O stars Grace Park, Daniel Dae Kim quit after salary disputeWhat do you do if you find out youre being underpaid?Thats the question Hawaii Five-O actors Grace Park and Daniel Dae Kim faced when they realized they had been reportedly underpaid for the last seven years on their show.Yes, seven years.Although both Asian-American actors were maincharacters alongside white co-stars Alex OLoughlin and Scott Caan, they were being paid significantly less.They negotiated for more, but CBS wouldnt pay all the actors equally. Unable to reach pay equity with their co-stars, Park and Kim chose to make a principled stand, exiting the show ahead of its eighth season.Although Park has not made any public statements about zu sich exit, Kim elaborated on his decision on Wednesday.As an Asian-American actor, I know first-hand how difficult it is to find opportunities at all, let alone play a well-developed, three-dimens ional character like Chin Ho. I will miss him sincerely, Kim wrote on his Facebook. Though transitions can be difficult, I encourage us all to look beyond the disappointment of this moment to the bigger picture. The path to equality is rarely easy.(function(d, s, id) var js, fjs = d.getElementsByTagName(s)0 if (d.getElementById(id)) return js = d.createElement(s) js.id = id js.src = https//connect.facebook.net/en_US/sdk.jsxfbml=1version=v3.1 fjs.parentNode.insertBefore(js, fjs)(document, script, facebook-jssdk))A MESSAGE TO MY FANS ABOUT HAWAII 5-0Sorry for the delay in hearing from me, but like you Im sure, my July 4thPosted by Daniel Dae Kim onWednesday, July 5, 2017CBS also came forward with their side of the contract negotiations. Daniel and Grace have been important and valued members of Hawaii Five-0 for seven seasons, CBS said in a statement onWednesday. We did not want to lose them and tried very hard to keep them with offers for large and significant salary increases. Significant, yes, but still not equal to their non-Asian co-stars.Their final salary offers were reportedly 10-15% lower than what OLoughlin and Caan earned, according to Variety.Hawaii Five-O showrunner Peter Lenkov echoed CBS defense in a Twitter post, saying that the salary offers were extremely generous and that the actors had received unprecedented raises. The careful wording is what matters herbeie big raises, but not enough to equalize the salaries.Although CBS did not mentionrace as a factor in its decision, TV industry critics said that the pay dispute speaks to wider racial inequality in Hollywood.Equal pay often leads to equal screen time and equally nuanced roles. U.S. Representative Grace Meng, D-NY, made a direct link to the actors races and their salaries in her statement on the issue.I am disturbed to hear reports that Hawaii Five-O stars Daniel Dae Kim and Grace Park were not offered equal pay to their colleagues on the TV series, shesaid. The entertainment industry continues to struggle with accurately portraying Asian American stories and including diverse characters. Not paying artists fairly further increases these problems by putting up barriers for Asian American performers to break through in the industry.Overall, Park and Kim faced a difficult decision we all face at different points in our careers is this job moving me forward in my skills or financially?When the answer is no, the best move for your career is to walkaway.

Keys to Staying Motivated in a Job Search

Keys to Staying Motivated in a Job SearchKeys to Staying Motivated in a Job SearchIt takes work to get work One of the most difficult things about a job search is doing all the work to get interviews, yet having to deal with the constant rejection. Did you know that less than 1% of job candidates land a job on the very first application they send out in a job search? Even when you find the dream job, there are still many reasons why you should not accept a job offer.All of this is enough to kill your motivation to job search. But you have to do it, so here are some keys to staying motivated in your job search.1. Be specific with your list of to-dosAll the advice out there that reads, Start networking or Update your resume is vague and provides no details. When your motivation is lacking, the hardest thing to do is start from a point of vague advice to get to accepting a job offer. It just does not happen. You have to be specific about what you need to doA great way to fix this proble m is to start with smaller, more specific tasks. This will help your job search become more manageable. For example, set these goalsReach out to 5 contacts a dayApply for 5 jobsFind 5 referrals to contact on LinkedIn for each of those 5 jobsThis is easy to do and usually takes one or two hours. The faster you get at doing this, the more you are building up momentum and traction, which will leave you feeling motivated to continue.2. Research your career role models and their work ethicsThere is a quoteYou are the master of your destiny. You can influence, direct and control your own environment. You can make your life what you want it to be. - Napoleon HillIt helps to know exactly how your career role models mastered their own destiny and made their lives what they wanted them to be. If you research exactly how they did it, you are learning a method for becoming a success. At the saatkorn time, you are getting amazing ideas for your career and staying motivated by the fact that you n ow know feeling discouraged is only a temporary state of mind. It can be overcome with working harder and smarter.3. Take a break from job boards and social media (with the exception of LinkedIn)Job boards can give the false sense of hope and social media often leads to the negative behavior of comparing oneself to others.Many job boards are simply displaying content that was first posted elsewhere by someone who is on LinkedIn. So, go to the source of the job posting instead of filling out online applications. Other social media tools like Facebook and Instagram are filled with people sharing their accomplishments. Comparing accomplishments rarely leaves a person feeling motivated. We are mainly motivated by our own accomplishments.Taking a break from job boards and social media also frees up your time to do things that are more productive in-person. LinkedIn is still a great tool because recruiters use it and the discussions are largely work-related. You rarely see brag-adocious p osts on LinkedIn.3. Seek supportive and constructive criticismYour supportive friends can also be your most helpful critics. Real friends support each other by not letting them do harm to themselves. So, get some constructive criticism on how you are conducting your job search, your resume, interview preparation, outfits for interviews, and more. The former co-worker, professor, friend, or mentor who believes in you will know your full potential and how you could improve. So, ask them for some constructive criticism. And regardless of what they say, never take any of it personally.Most importantly, do not defend your actions. You asked for criticism, not a debate with people who care about your success.4. Write your career goals on paperNow is the best time to write down on paper all the things you see yourself doing in the future and what you want out of your careergoing forward. List all your dreams, desires, and needs.Writing it out, not typing it on a computer, forces you to thi nk. Writing out this checklist will leave you feeling motivated because you now have a written statement of exactly what you need and want to do.When you know what that is...you have a direction. And having a direction can feel extremely motivating. You may even find yourself motivated to research new ideas or directions.5. Take a break every now and thenA job seeker who is exhausted by a job search goes to job interviews showing the signs of being a veteran job seeker. If you do not take a break to absorb, accept, and reflect, you will go from exhausted job seeker to exhausted interview. This combination never leads to a job offer.No company is looking to save anyone from his or her own job search. If you are burned out, it will show on your face and that will affect your ability to get work.By taking a few days off, you can refocus and better tackle the job search. The job search doesnt have to be painful and exhausting. It should be motivating and exciting Never let it burn you o ut

What You Need to Know About Restricted Stock Grants

What You Need to Know About Restricted Stock GrantsWhat You Need to Know About Restricted Stock GrantsIf you are fortunate enough to receive a restricted stock grant (often referenced as restricted stock units or RSUs) from your firm as a joining or retention incentive, you should understand the fundamentals of this benefit. The terms surrounding the vesting and pricing of this stock grant may impact your decision-making for tax planning as well as ongoing employment. Restricted Stock Unit Grants When an employer offers you shares of the company but places limitations on your ability to access or monetize the stock, it is said to be restricted. These grants are frequently used in technology, high growth, and large established firms as a means of recruiting or retaining key employees. Common Employer Restrictions The most common form of restriction placed on these contributions by the employer is to delay access to the actual shares through a process called vesting. Consider a scenario where you are hired and offered 500 shares of stock, but vesting requires three years from your hire date. In this situation, you will be unable to touch the stock for three years. If you leave the firm before the three-year mark, your shares will be returned to the company. There are a variety of formats employers can use to pass ownership of the shares to the employee over time. What Happens If You Leave Before Your Stock Vests This point is worth the redundancy in this article. If you leave before the restricted stock unit grant vests, you forfeit the ability to gain the shares. This benefit essentially will have been worthless to you. Restricted Stock vs. Stock vorkaufsrecht Grant Both have a vesting period the difference is at the end of that vesting period. When a stock option vests, you have the option of purchasing or not purchasing the stock at a specific price (the strike price). You do not own any company stock until you exercise the option and purchase the stock. As soon as you purchase it, you can do anything you want with it, including selling it. When a restricted stock award vests, you own the stock, and you can do whatever you want with it. Which Is Better? The answer to this question is, It depends. Generally, if the stock price is rising, stock options may be preferred. You can sell both at the higher market value, but with stock options, you have not had to commit to the purchase until the stock price reached the point at which you wished to sell. Alternatively, if the stock price stays the same or is trending downward, restricted stock may be better since you own the stock. Your un-exercised options have no value, and if the share price is below the strike price, they are effectively described as under-water. The stock, of course, has some value unless it declines to zero. Tax Considerations It is possible your restricted stock unit grant will trigger a tax liability upon the vesting date, regardless of whether yo u have sold the stock or not. Be sure to consult a qualified accountant or attorney for the latest rules on the tax implications of your particular award. The Bottom Line It is important for you to understand all of the terms and tax implications of your particular benefit. Both options grants and restricted stock unit grants can be excellent vehicles for wealth creation over time. However, there is no such thing as a free lunch in finance. Certain restrictions will govern when and how you access your grant and tax implications always loom large when evaluating these employer contributions. Updated by Art Petty