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

Allwork

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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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. Job Change and Salary. Keep reading to learn more.

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3.4 Million Chinese Youth Rush To Civil Service Jobs For Stability, Not Pay

Allwork

Katherine Lin quit her civil service job in the southern megacity of Shenzhen in July after her 15,000 yuan ($2000) salary dropped by a quarter, bonuses were scrapped, and managers hinted at further downsizing. “Some departments chose to either cut salaries by 30% or fire people in response to cost-cutting policies,” she said.

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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. seeking a lower cost of living.

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

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Bloomberg reports that a recent study shows hybrid work arrangements, though beneficial in terms of promoting greater work-life balance, could come at a financial cost. appeared first on Allwork.Space.

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Japan Sees First Wage Growth In Months, Signals Fragile Economic Recovery

Allwork

Prime Minister Shigeru Ishiba sees strong wage growth as key to supporting a fragile economic recovery, while the Bank of Japan has said sustained, broad-based wage hikes are a prerequisite for pushing up borrowing costs. Regular pay, or base salary, rose 2.7% in December from a year earlier, data from the labour ministry showed.

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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.