article thumbnail

Is Loyalty Hurting Your Salary?

Eat Your Career

Salary Discrepancies Between New Hires and Current Employees. According to Business Insider , the salary gap between new hires and current employees is 7% nationally and this is “inverted.” A lagging salary can impact your earning potential for many years to come. And your company knows that. Job Change and Salary.

Salary 290
article thumbnail

You’re Not Alone: 54.7% Of U.S. Salaries Haven’t Kept Up With Inflation

Allwork

With nearly twice as many open jobs as available workers, and with companies struggling to meet record demand, many economists and policymakers believe that what the economy needs right now is less hiring and less wage growth. . salaries haven’t kept up with inflation. High consumer demand in the U.S.

Salary 334
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The AI Advantage: How Job Seekers Are Landing More Interviews And Higher Salaries

Allwork

ChatGPT users are more likely to negotiate higher salaries and receive more interview requests than those who don’t use AI tools. workers who actively searched for jobs within the past year have used ChatGPT to improve their applications, help negotiate salaries, and prepare for job interviews.

Salary 306
article thumbnail

Expert Advice For Successful Salary Negotiation: Simple Strategies To Get The Pay You Deserve

Allwork

Salary negotiation is an essential skill that can lead to better compensation and job satisfaction, but it requires market research, self-assessment, and a strategic approach to discussion. workers who tried to negotiate their starting salaries got what they were asking for. Before entering salary negotiation, preparation is paramount.

article thumbnail

Workplace Flexibility Linked To Slower Salary Increases In U.K.

Allwork

As companies rethink what it means to be productive and happy at work after the pandemic, this information provides important insights into what employees care about most in their jobs. The post Workplace Flexibility Linked To Slower Salary Increases In U.K. appeared first on Allwork.Space.

Salary 278
article thumbnail

81% Of Gen Z Think Sharing Their Salary Will Create Change

Allwork

Although salary transparency can help reduce the gender pay gap, older generations are more likely to feel like discussing pay is discouraged in their workplaces. . It becomes harder for organizations to pay workers unfairly when their salaries are open to public scrutiny. . What are the benefits of pay transparency? .

Salary 299
article thumbnail

87% of Gen Z Workers Feel Underpaid, Despite Six-Figure Salaries

Allwork

are entering the workforce with serious financial concerns. A recent survey by ResumeTemplates.com revealed that 87% of Gen Z workers feel they are underpaid — even among those earning six-figure salaries. It takes time to move up in the ranks and earn a higher salary. Most Gen Z workers in the U.S.

Salary 272