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As CEO Salaries Skyrocket More Than 25%, Financial Security Is Wavering For Workers

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The gap between CEO and employee salaries continues to expand, despite overwhelming backlash from low wage employees. . million salaries while the median worker received $23,968, the report revealed. . Mark Schell: Worker pay, in some cases, will increase especially for those skill sets most specialized and scarce.

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New Tech And Gen Z Interest Sparking Evolution In Skilled Trades Industry

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Growth in Skilled Trade Jobs and Its Economic Implications Transitioning from fintech to workforce dynamics, Pascaretta pointed to the remarkable growth in skilled trade jobs. “The This growth is driven, in part, by increased average salaries for skilled trades, such as electricians, plumbers, and HVAC technicians.

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Lucrative Career Prospects Soar In The AI Industry

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The rise in popularity of artificial intelligence (AI) tools being integrated into the workforce could greatly impact salaries for professionals who decide to learn new programming skills. territories, AI-related jobs pay over 100% more than the average salary for other occupations. For instance, in 2023, 30.3%

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The Gender Pay Gap Impacts 41% Of Women – Here’s How To Infuse Equity Into The Hiring Process

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Studies have found as recently as 2020, women still made only 84% of what men earned. We asked Lovell how company leaders can ensure they’re doing their part in closing the gender pay gap, and she said that most importantly, leaders should commit to a culture of salary transparency. .

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Lessons From Past Recessions

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The most recent recession was in 2020 and only lasted a couple of months, whereas the 2008 recession lasted about 18 months. Having a solid cushion to fall back on if you lose your job or experience a salary reduction can help you avoid going into debt and offer you peace of mind when listening to grim economic news. .

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4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

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The future of work would look dramatically different without them, and business leaders are sounding the alarm that their removal would change everything from the protection of trade secrets to hiring practices, salary ranges, employee turnover, career trajectories, advertising practices, and more. . How Leaders Can Prepare .

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Want To Stop Employees From Walking Out The Door? Build Them A Career Ladder

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It’s also no surprise to anyone that ever since 2020, the numbers have continued to rise, as employees began to realize that their efforts weren’t being rewarded. Simply enabling employees to apply for internal roles won’t work if they lack the motivation, skills or growth opportunities to do those roles effectively,” Von Armansperg said.

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