However, other companies are catching up now. Millennials don't just want to work at prestigious jobs anymore — they want to know that their mental and physical health are going to be protected.
Here are the top ten companies that young people are flocking to:
Founded by Paul Forster and Rony Kahan in 2004, Indeed labels itself as the "#1 job site worldwide." The company has had a 58% growth from last year and is now ranked 40 on Paysa's CompanyRank list.
The company's main perk is unlimited paid time-off. A stocked kitchen, a free gym and amazing health insurance are other benefits of the job.
9. Credit Karma
Despite the cheesy ads you've seen on TV, Credit Karma is a legitimate financial management platform headed by CEO Ken Lin. The company has had a 61% increase from last year and is ranked 36.
Credit Karma offers all kinds of benefits like on-site yoga and wellness, an on-site coffee bar, video games and generous PTO.
In competition with AirBnB, HomeAway.com is an online home rental website that has had a 62% increase and is ranked 62.
Perks include stand up desks, a highly competitive salary and a free vacation rental.
Hulu was founded in 2007 and has quickly become one of the most popular subscription video services. Its company ranking is 98 and has had a 65% increase from last year.
Hulu splurges on their employees — unlimited PTO and vacation, on-site cooking classes and free massages in the office mark some of their unique benefits.
6. Snap Inc.
Snap Inc. is the company behind Snapchat, founded in 2011 by Bobby Murphy and CEO Evan Spiegel. It's ranked four and has had a 78% increase from 2016.
Some key Snap Inc. perks include a monthly phone bill stipend, gym and meal programs and an extensive list of insurances.
Jet is an ecommerce company founded by CEO Marc Lore. It's ranked 100 on Paysa along with having a 79% increase from last year.
Jet takes care of its employees by providing standing desks, a stocked kitchen, relaxation rooms and health insurance from day one.
4. Magic Leap
Magic Leap, a developer of augmented and virtual reality technology, was founded in 2010 by CEO Rony Abovitz. The company's ranked 68 and increased 81%.
Magic Leap is still working out the kinks in their benefits, but they provide paid holidays, decent maternity and paternity leave and company lunches.
Spotify is a music streaming service ranked 22 on Paysa's list. It's had the third biggest increase from 2016 at 82%.
Spotify gives its employees six months of maternity and paternity leave including adoption, rooftop terraces and 100% company paid health insurance.
A favorite of numerous YouTubers, Twitch is a live video streaming platform founded by CEO Emmett Shear in 2011. The company ranks 20 and increased 84%.
Twitch benefits include on-site massages, catered meals and multiple gaming rooms. The company values its employees and provides lots of free events and food.
With the most growth since last year — 95% — Slack ranks at 21 on Paysa's list. Slack is a software company founded in 2009 that mainly puts out collaboration and productivity tools.
Company benefits takes care of the little things — employees have stipends for commuting, flights, phone bills and gym memberships. Slack also provides quality life and health insurance along with encouragement to pursue continuing education.
- 25 best tech companies to work for in 2016 - Business Insider ›
- The 21 best tech companies to work for in 2016 ›
- The best tech companies to work at according to LinkedIn - Business ... ›
- The 30 Best Workplaces in Technology ›
- Best tech companies to work for in America - Business Insider ›
- 11 Great Tech Companies To Work For In 2017 And Beyond ›
- Best Tech Companies To Work For In 2017 ›
- The 20 best tech companies to work for, ranked - TechRepublic ›
- 10 Best Tech Companies To Work For In 2016 - InformationWeek ›
- The 15 hottest tech companies in America, according to LinkedIn ›
It's easy to forget that the presidency of the United States is a government job just like any other–in that it comes with a stipulated salary and benefits.
But regardless of their bombastic rhetoric or self-serious public image, politicians are like all other government employees. The president, vice president, and legislators earn an annual income from the government in exchange for their duties, which include: executing/circumventing the law, upholding/withholding the civil liberties of American citizens, and legislating/sabotaging how societal institutions meet the needs of citizens, from healthcare to education.
If you've ever wondered what American politicians earn for all their hard work arguing across the aisle and starting Twitter feuds, look no further:
- Billionaire Myth 3: Private Foundations Do a Lot of Good - PayPath ›
- No Good Billionaires–Myth: Charity Is Better Than Government ... ›
Maybe you've had a high stress occupation before, like social work or stock trading, and fell victim to the high burnout rate of these kinds of jobs.
Or maybe you're just starting your career, and looking for something that won't take over your life but will still provide you with a good living. Whatever reason you have for looking for a high paying, low-stress job, you've come to the right place. We've compiled a list of the top 5 jobs that promise a solid paycheck without taking too much out of you.
- 30 Low Stress Jobs to Live a Peaceful Life ›
- 15 High-Paying Careers That Won't Kill You | GOBankingRates ›
- 25 Low-Stress and Fun Jobs That Pay Well | Fairygodboss ›
- 16 Low-Stress Jobs | Best Jobs | US News ›
- 41 Easy Jobs That Pay Well and Offer Low Stress ›
- 17 Low-Stress Jobs That Pay Insanely Well ›
- Top 10 Low-Stress Jobs That Pay Well ›
- High-paying low-stress jobs - Business Insider ›
What do you do when financial hardship hits and you can't make your monthly mortgage payments? This is a question on many homeowner's minds as nearly 17.8 million Americans are reportedly unemployed during the coronavirus pandemic.
When homeowners face financial hardship, such as the loss of a job, they often look to obtain a forbearance agreement from their lender. A forbearance happens when your lender grants you a temporary pause or reduction in monthly payments on your mortgage. Forbearance is not the same as payment forgiveness, in that you still have to pay the entire amount back by an agreed-upon time.
Mortgage lending institutions differ on their mortgage relief policies and qualifications; however, the Coronavirus Aid, Relief, and Economic Security (CARES) Act were signed into law in late March of this year to protect government-backed mortgages.
Federally backed mortgages include:
- Fannie Mae
- Freddie Mac
- The Federal Housing Administration (FHA)
- The US Department of Veteran Affairs (VA)
- The US Department of Agriculture (USDA)
Under the CARES Act, homeowners with a federally backed loan who either directly or indirectly suffer financial hardship due to coronavirus automatically qualify for mortgage forbearance.
Even if your mortgage is not secured by one of these agencies, you still can call and see if you qualify, as many lenders will still offer the option in order to avoid foreclosures.
Under the CARES act, homeowners can claim mortgage forbearance due to financial hardship from COVID-19 for up to 12 months without requiring any documentation or verification. During the forbearance period, mortgage lenders cannot charge late fees or penalties.
Additionally, as long as your mortgage is current at the time you claim forbearance, the lender is required to keep reporting your mortgage as paid current throughout the entire period.
At the end of the forbearance, the CARES act protects consumers from having to make a lump sum payment. Instead, you will be given a repayment plan from your provider. Since repayment options vary, it's important you ask your provider about all of your repayment options.
Possible Repayment Options:
You may be eligible for a loan modification at the end of your forbearance. With modification, the mortgage terms are changed in order to add payments that were missed during the forbearance onto the end of the loan, extending the term.
Another option that may work for some is a reduced payment option. This allows you to keep paying monthly payments at a reduced amount. The amount missed is usually added back into the monthly payments at the end of the forbearance.
Regular payment: $1000 per month
Reduced payment: $500 per month
Payment after forbearance period: $1500 (until caught up)
Balloon payments, or lump sum payments at the end of the forbearance, are prohibited under the CARES Act. However, mortgage lenders may require homeowners who are not protected under the CARES Act to make a balloon payment at the end, so again it is best to check first with your provider.
Mortgage forbearance should only be considered in true financial hardship. In other words, just because of the pandemic, you should not take a forbearance on your mortgage if you can still afford your payments. Likewise, if you are able to start making payments before the forbearance period is up, it's best to do so as soon as possible.
The Next Steps:
Before you get in touch with your mortgage servicer, save time by gathering as much documentation about the mortgage as you can. Also, be ready to list your income and monthly expenses. Due to an influx in calls, financial institutions are experiencing extremely long wait times right now, and having your information at the ready will help.
Have questions ready to ask. Here are some questions you should be asking:
- What fees are associated with the forbearance?
- What are all the repayment options available to you at the end of the forbearance?
- Will you be charged interest during the forbearance period?
If your forbearance is approved, make sure to keep all documentation pertaining to it. Make sure to cancel any automatic payments to the mortgage during the forbearance period, and keep tabs on your credit report to make sure your lender doesn't report the loan as unpaid.
For more information on forbearance, contact your lender and discuss your options. If you need more assistance with understanding your options, you can contact a local agent for the housing counseling agency, or call their hotline at 1-800-569-4287.