Thu.Nov 14, 2024

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U.K. Minister Slams Four-Day Workweek, Says “We Are Not Living In The 1970s”

Allwork

A proposal by U.K. civil servants for a four-day working week has been firmly rejected by Pensions Minister Emma Reynolds, who described the idea as outdated. According to The Independent , the call came after the Public and Commercial Services (PCS) union argued that a shorter workweek could improve quality of life, reduce staff turnover, and save the government £21 million annually.

2019 152
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Gen Z Is Saving More for Retirement Than Previous Generations. Here’s Why.

Success

John Darby , 25, remembers the financial crisis of 2008 as the first time his parents worried about money. Then just 9 years old, he believes it made a lasting impression on him and his generation, motivating them to save. In 2021, Darby began saving 10% of his salary for retirement. “I think that’s really why it kind of pushed us into caring more and more about saving,” says Darby, a client service associate with Graham Capital Wealth in Tampa, Florida.

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Beyond The Boardroom: The Key Factors That Could Override Mandatory RTOs

Allwork

External factors such as market competition for talent, regulatory changes, and technological advancements increasingly influence return-to-office (RTO) decisions. Strict RTO policies can create a significant disconnect between leadership and employees, potentially leading to higher turnover and decreased morale. The most effective RTO strategies adopt a balanced approach to flexible work that considers external pressures beyond the control of both employers and employees.

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Boost Your Efficiency With These Must-Read Productivity Books

Success

In today’s fast-paced world marred by distractions and the rising cost of living, productivity is more essential than ever. According to BOSTONtec , office workers are usually productive for no more than 31% of their 8-hour workday, which translates to just two hours and 53 minutes. Social media is the main culprit behind this dismal statistic, affecting more than 47% of workers.

Goals 148
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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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U.S. Jobless Claims Fall, Suggesting October’s Job Losses Were Just A Blip

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The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along and that the abrupt slowdown in job growth in October was an aberration. Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 217,000 for the week ended Nov. 9, the Labor Department said on Thursday.

Payroll 130
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Why Spirit Airlines’ Flight to Bankruptcy Has No Emergency Exit

Success

Throughout this year, Spirit Airlines kept assuring investors and customers it had a recovery plan—and bankruptcy was not on the itinerary. However, after a federal judge blocked Spirit’s acquisition by JetBlue in January , those reassurances began to unravel, sending the low-cost carrier into a steady downward spiral. Had the deal gone through, JetBlue would have become the fifth-largest airline in the U.S. and could have jump-started Spirit’s recovery from its massive debt much sooner.

Filing 149