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Why Has The Gender Pay Gap Doubled In Two Years?

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Although women typically begin their careers earning wages comparable to their male counterparts, over time, as they age and progress in their careers, a gap in salaries emerges — with women’s earnings falling behind those of men. in April 2022 to 6.0% in April 2024. The recent study highlights several key findings: 1.Widening

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Great Resignation Worsens As Workers Demand AI Training

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PwC’s 2024 Global Workforce Hopes & Fears Survey reveals that 28% of workers say they are “very” or “extremely” likely to switch employers in the next 12 months — a higher percentage than in 2022 during the Great Resignation , when 19% of workers responded in the same way.

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Twitter Faces Second $500M Lawsuit Over Severance Pay Amidst Allegations of Age Discrimination

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The news follows the 2022 acquisition of the social media giant by Elon Musk. The class action suit was filed in Delaware federal court by Chris Woodfield, a former senior engineer at Twitter, who alleges that the company specifically targeted older workers for layoffs. What’s going on: Twitter Inc.

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Is The ‘Remote Work Window’ About To Close?

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The turn to increased flexibility has proven to be necessary, and in our HireVue 2022 Global Trends Report , 88% of our respondents said flexible work opportunities have significantly improved their work-life balance, and that they want it to continue. . Legal reasons : your U.S. In France, it’s 42%. .

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

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.” In this form of business, the freelancer is personally responsible for all aspects of the business, including its debts and legal obligations. There is no legal distinction between the owner and the business. LLC: An LLC, or Limited Liability Company , is an appealing legal business structure for freelancers.

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Do Women Need to Save More When Planning for Retirement?

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According to 2022 data from the National Women’s Law Center , 27.9% Negotiate for a higher salary. Not only does getting a higher salary mean you can contribute more to your retirement accounts, but your Social Security payment is based, in part, on your highest 35 years of earnings. Nearly 6 in 10 part-time workers are women.

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Want To Be a Freelancer? Here’s How to Get Started

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According to McKinsey’s 2022 American Opportunity Survey , 36% of employed respondents (equal to 58 million people) were independent workers, a figure that included gig workers and freelancers. They typically earn a fixed monthly salary rather than get paid on a project basis. If that idea appeals to you, you’re not alone.