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China Orders Pay Cap At State-Owned Financial Firms, Risking Attrition To Private Sector

Allwork

The most sweeping wage reduction exercise in the $67 trillion finance sector will begin as early as next month though staff are yet to be informed of reasons, the people said. Executive income at subsidiaries of the targeted firms, including investment banks and asset managers, will be capped at 3 million yuan, the three people also said.

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Listen Up Employers: 85% Of Workers Want Remote Work

Allwork

of job postings in January 2021 were advertised as remote, only slightly increasing from 20.6% in the year before. ” The post Listen Up Employers: 85% Of Workers Want Remote Work appeared first on Allwork.Space.

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Quiet Quitting Isn’t The Real Threat – Managers Should Be Worried About Quick Quitting

Allwork

in September of 2021, but has since been slowing down since January of this year. . That’s why revamped benefits packages and increases in salary and wages have become a necessity in the future of the workplace. . On the other hand, the healthcare industry saw its STR peak at 9.4%

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Degrees Don’t Equal Dollars: Google Exec Launched Career Certificate Program To Open In-demand, High-paying Career Fields To Everyone

Allwork

In 2021, Pew Research found that a measly 37.9% In 2021, Pew Research found that a measly 37.9% The old adage that education doesn’t guarantee success seems nice in theory, but the reality is that those with a four-year degree typically have higher salaries than those without degrees. . of Americans have a college degree. .

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Should You Encourage Your Team to Pursue Side Hustles?

Success

Side hustles give people the chance to earn more money, start their own businesses or learn new skills, potentially leading to a salary increase in the future. This has only made side hustles more attractive in recent years.About 34% of people started a side hustle in 2021.

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Unveiling the Hidden Potentials of Remote Work Productivity

Allwork

A new study from the University of Chicago’s Becker Friedman Institute disclosed that employees saved around two hours weekly in 2021 and 2022 through remote work. The National Bureau of Economic Research (NBER) highlighted a significant increase in productivity for remote work-heavy sectors like IT and finance.

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6 Reasons Men Are Not Working as Much as They Used To

Success

More women in the workforce can mean fewer job opportunities and, in some cases, lower salary options for men—which seems to be a barrier for them. Yet, by 2021, just 40% of men with a reported mental illness received mental health care services in the past year, compared with 52% of women with a reported mental illness.”

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