Allwork
OCTOBER 17, 2024
Australian employment beat forecasts for a sixth straight month in September, while the jobless rate held steady, reinforcing the view that the labor market remains tight as market bets for a rate cut by year end diminish. The Australian dollar rose 0.5% to $0.6698, rebounding from a one-month low, while the three-year government bond yield jumped 7 basis points to 3.829%.
Success
OCTOBER 17, 2024
Mister Rogers (and his mom!) reminded generations to “look for the helpers” amidst difficult or trying times. In the wake of not one but two devastating hurricanes along the East and Florida coasts the past month, the helpers are rich in numbers. While we certainly never want to downplay the more than 250 deaths ( 251 to Helene and currently 24 to Milton ), we recognize that good people can be found amongst the rubble and destruction.
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Allwork
OCTOBER 17, 2024
The number of women who hold executive reins in corporate Britain has fallen for the first time in eight years in an “unacceptable” reversal that could delay gender parity for another five generations, a consultancy said on Thursday. The Pipeline, which analyzes gender diversity at senior corporate levels, said the average proportion of women on executive committees at Britain’s 350 biggest, listed companies slipped to 32% in 2024 from a revised 33% last year.
Success
OCTOBER 17, 2024
Taking the first step toward anything is always the hardest, and the same can be said for startups securing their first customers. Even if you have the most ingenious, groundbreaking idea, you don’t have a company until you have people willing to pay for your product or service. Business management expert Amanda Webster knows a thing or two about helping startups as COO at Fund & Grow, a national lending program that connects entrepreneurs with funding.
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.
Allwork
OCTOBER 17, 2024
U.S.-based consulting firm McKinsey is revamping its China business after reducing its government-linked clients and cutting about 500 jobs, which is around a third of its China workforce, the Wall Street Journal reported on Wednesday. The company has been separating the China unit from its global operations to reduce security risks with doing business in the country, the report said, citing people familiar with the matter.
Success
OCTOBER 17, 2024
Instagram has recently introduced a suite of updates aimed at transforming user interactions on the platform. Alongside its enhanced privacy features and other in-app improvements, the social media giant has now launched a brand-new digital profile card, providing a fresh and streamlined way for users to make connections, share their lives and improve the reach of their personal brand.
Administrative Professionals Pulse brings together the best content for administrative professionals from the widest variety of industry thought leaders.
Allwork
OCTOBER 17, 2024
The number of Americans filing new applications for unemployment unexpectedly fell last week, but could remain elevated in the near-term amid the effects of Hurricanes Helene and Milton, obscuring the labor market picture. Initial claims for state unemployment benefits dropped 19,000 last week to a seasonally adjusted 241,000 for the week ended Oct. 12, the Labor Department said on Thursday.
Allwork
OCTOBER 17, 2024
Disillusioned Chinese bankers and fund managers are giving up careers in a finance sector where government campaigns and regulation have colored prospects to the extent that areas as varied as education and even stand-up comedy seem preferable. Tightening scrutiny of trading, financing and deal making as well as a slump in stock turnover in a sluggish economy has dried up private equity and venture capital and decimated the market for stock market listings, bringing pay and job cuts.
Allwork
OCTOBER 17, 2024
If you’re over 50 and looking to bolster your retirement savings, significant changes are coming in 2025 that you should be aware of. Under the 2022 Secure Act 2.0, the catch-up contribution limits for 401(k) plans are set to increase, potentially making it easier for older workers to save more, according to CNBC. Currently, employees can defer up to $23,000 into 401(k) plans for 2024, with an additional $7,500 for those aged 50 and older.
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