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AUGUST 11, 2022

salaries haven’t kept up with inflation. This isn’t shocking; historically, salaries do not keep up with inflation. . more likely than women to have their salary matched to the CPI. . “ Has your salary or hourly wage kept up with inflation?” A new survey has found that 54.7%

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OCTOBER 21, 2024

The new wage increase and the ratification bonus are an improvement over the previous offer, which was rebuffed by the striking workers, but the salary hikes still fall short of a 40% pay rise over four years demanded by the Machinists’ union.

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OCTOBER 13, 2022

One side effect of rising inflation and costs is the need to increase salaries. Those higher labor costs, in turn, are often passed on to consumers in the form of higher prices. . Inflation has pushed up the price of everyday goods and services, from grocery bills and rents to utility costs and vacations, among other expenses.

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JULY 20, 2022

According to Twitter’s Salary Range Dashboard, there is a significant gap in pay for employees across various countries. While the salary dashboard was intended to uphold pay transparency across the company, employees who inquired about the discrepancy were met with resistance from managers.

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OCTOBER 24, 2022

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. . But the current economic climate — high inflation, high worker turnover, cost-of-living crisis, etc.

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JUNE 18, 2024

Soaring childcare costs are threatening the livelihood of working parents and impacting workforce demographics across the United States. As COVID-era federal grants expire, the costs for both childcare providers and working families have surged.

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JUNE 18, 2024

Soaring childcare costs are threatening the livelihood of working parents and impacting the workforce demographics across the United States. As COVID-era federal grants expire, the costs for both childcare providers and working families have surged.

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OCTOBER 17, 2023

The rising cost of living, particularly in essential goods such as food, housing, and transportation, is disproportionately affecting low-to-middle income Americans, according to recent data published by J.P. A notable 59% of low-income consumers reported not receiving a salary increase, in contrast to 34% of high-income consumers.

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C-Suite Assistants

FEBRUARY 27, 2023

In September 2022 we published a blog on Executive Assistant salaries. In that blog, we tracked some of the changes we’ve seen over the last several years and refer to an increase of 20% in the average salary for an EA to the CEO over the last 5 years. What Does This Mean for the Executive Assistant Salary Range In 2023?

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C-Suite Assistants

JULY 18, 2022

If you are a CEO or C-Level Executive looking to hire a new Executive Assistant or replace an Executive Assistant who has recently left, it is critical to know the most up-to-date salary information in this increasingly competitive market for talent. Do you know what it will cost you in terms of compensation? Executive Assistant Cost.

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MARCH 11, 2024

The trend is being driven by a combination of remote work flexibility, lower cost of living, and a surge in job creation. The U.S. The salary advantage for jobs in New York City is also reported to have decreased from a 19% premium over the national median three years ago to 14% last year. A CBRE study reveals that one-third of U.S.

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MARCH 18, 2024

As artificial intelligence (AI) continues to be developed at a relentless pace, many tech workers accustomed to high salaries and strong demand for their skills are facing a new reality: adapt by learning AI development skills or brace for tougher job prospects and reduced pay.

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AUGUST 19, 2024

General Motors (GM) is laying off more than1,000 salaried employees globally from its software and services division. of GM’s global salaried workforce, which totals 76,000 employees, as of the end of last year. Like other large U.S. The reduction represents about 1.3%

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JUNE 14, 2024

Jong and Salgado, both long-time employees of Apple, argue that the company’s methods for determining starting salaries — initially based on compensation history and later on salary expectations — have entrenched gender-based pay gaps. For instance, similar claims against Oracle Corp.

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NOVEMBER 15, 2024

One of its most significant reductions was in 2023, when about 5,000 GM salaried workers took buyouts to leave the automaker. . “As part of this continuous effort, we’ve made a small number of team reductions.” GM is aiming to cut $2 billion to $4 billion in losses on EVs next year.

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NOVEMBER 6, 2024

Unlike salaried employees, freelancers don’t have taxes automatically deducted from their paychecks. Self-Employment Tax Freelancers get to make their own schedules and have more freedom than W-2 employees, but it does come with a cost: there’s a 15.3% But they may not know that this membership cost can have serious tax benefits.

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JULY 27, 2022

The median annual salary among the top paying applied associates degree career paths is roughly $70,000. . Degrees that cost around $20,000 can yield a starting salary of roughly $80,000. Applied associates degrees are similar to trades, as you are trained in a skill that is directly applicable to an intended job. .

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Workplace Insight

JANUARY 11, 2023

Businesses don’t believe they cannot compete on salary alone and are instead offering flexibility to stay competitive. Over half (52 percent) of businesses have increased salaries to attract talented workers, but say wages rises can’t continue at the rate they have been going.

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MARCH 3, 2023

Although the messianic founding couple of the company are long gone, their legacy remains in the form of bloated costs and strange practices, which are draining the cash from the business. I dread to think what his annual salary was. What is the CEO’s salary? What are the overall corporate overhead costs?

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Success

OCTOBER 11, 2024

It’s also about taking control of your career and getting the salary you deserve. When Industry Standards Rise: Keep up with salary trends for your position. Sites like Glassdoor, PayScale, and LinkedIn Salary Insights are helpful resources. Research salary ranges for your position and experience level in your industry.

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JULY 1, 2022

Salaries, however, tend not to keep up pace with inflation. Companies keep salaries fixed and only make changes with long-term considerations in mind – such as the inability to reduce wages during market failure. . What effect does the increase in salaries have on inflation then? According to a survey of 5000 U.S.

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Workplace Insight

FEBRUARY 1, 2024

New research investigating how cost of living pressures are impacting the workforce has found that three quarters (74 percent) of HR leaders fear the cost of living crisis is affecting employee performance.

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APRIL 24, 2023

employers list salary ranges in job postings in response to recently passed pay transparency laws, fewer people are submitting applications without first knowing what they pay. Pay transparency laws aim to promote fairness and reduce pay disparities based on factors like gender, race, and ethnicity. As more U.S.

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Workplace Insight

APRIL 30, 2024

UK employees are suffering higher cost-of-living expenses, especially due to transportation costs and tensions may rise as many companies enforce return-to-office policies. According to the poll, most hybrid and remote employees highlighted travel costs as the highest overall expenditure they have when attending the workplace.

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AUGUST 1, 2024

These skills can be gained through affordable or no-cost online courses (e-learning) which offer accessible and flexible opportunities for career development. Careers in data analysis, data science, and data engineering can offer lucrative salaries — ranging from $67,179 to $102,994 annually.

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Success

SEPTEMBER 14, 2024

Saving for grad school on a teacher’s salary in an expensive city is challenging, especially without familial help. Do Your Homework If grad school is necessary, research different programs’ costs. Know how much your master’s degree and licensure applications will cost. Make A Saving Plan Save money as soon as possible.

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JULY 31, 2023

The disparity between foreign income and local Portuguese salaries could increase social inequality and lead to labor shortages in key industries as many professionals will not be able to afford living in major cities. If this situation remains unchecked, there may be a push for stricter regulation of digital work and international investment.

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JULY 5, 2024

It’s a major policy decision that The Financial Times reports will not be reinstated alongside the tax policies. The revised scheme offers a reported 20% flat tax rate on salaries and professional income — excluding pensions, dividends, and capital gains. This cost the state budget more than 1.5 billion euros.

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OCTOBER 28, 2024

Europe’s biggest carmaker has been negotiating for weeks with unions over plans to revamp its business and cut costs, including considering plant closures on home soil for the first time, in a blow to Germany’s industrial prowess. Scholz trails in the polls with federal elections due next year. Shares of peer Mercedes Benz also fell.

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Workplace Insight

NOVEMBER 8, 2022

Compounding the impact of the cost of living, many of the work-related expenses that were relieved by remote work, such as commute costs and full-time childcare, are returning as an increasing number of people head back to the office. Nearly half say they have looked for a new (44 percent) or second (44 percent) job.

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OCTOBER 16, 2024

As work stress intensifies, 88% of employees say wellbeing support is as important to them as their salary, yet many feel employers are falling short. Wellbeing is equally important to salary for 88% of global employees, slightly down from 93% in 2023 and up from 83% in 2022.

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Workplace Insight

NOVEMBER 29, 2022

A new poll from employment law and HR consultancy firm, WorkNest , claims that 70 percent of HR professionals believe that the cost of living will be their most significant challenge for 2023. Other areas also mentioned by HR professionals included financial wellbeing and cost of living.

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JUNE 3, 2024

Drawing from a survey of nearly 35,000 workers across 18 countries, ADP Research Institute’s People at Work Report 2024: A Global Workforce View shows many employees are anticipating higher wages due to rising costs of living. More than 55% of the survey’s respondents rank pay among their top three job priorities.

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Workplace Insight

APRIL 5, 2024

percent from the beginning of March, Good Travel Management has look into the cost of commuting into the UK’s major cities to find out how much it’s really costing people to get to work. According to the report, on average, it costs Brits £421.42 London workers also pay the most for petrol, costing on average £4.08

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AUGUST 9, 2022

Last year, Colorado enacted the Equal Pay for Equal Work Act, a law that requires employers to share salary ranges on job postings. . While the researchers do not directly attribute salary transparency to increased participation, it does show that residents in the state were more willing to work compared to levels seen in Utah.

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OCTOBER 17, 2024

The $67 trillion financial sector has borne the brunt of various initiatives, in particular the “common prosperity” campaign launched in 2021 aimed at closing the wealth gap, with measures including caps on salaries and clawing back of bonuses. Salary Caps The $4.4

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JULY 29, 2024

These cities have increasingly become hubs for early career professionals — largely due to the strong presence of tech companies, high hiring rates, and how wages and lower costs of living create a welcoming environment for early-career professionals. An average annual salary of around $50,000.

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