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

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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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7 Tips On How to Get a Promotion From “Show Your Worth” Author and Former IBM Executive Shelmina Babai Abji

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This calls for two steps—inflation to decline, which could happen, or for salaries to increase, match or exceed it. Let’s be real, those expensive groceries aren’t going to buy themselves. But, for those who want a promotion, it starts with looking inward at your own worth and potential.

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7 Ways to Ace Your Performance Review

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However, with careful planning and strategizing, your annual performance review can be an excellent opportunity to improve your job satisfaction and learn what you need to do in order to be promoted. It’s expensive for a company to hire and train a new employee, so it’s in their best interest to keep current employees—you—happy.

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What If Global Talent Markets Become Truly Borderless In The Future Of Work?

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Their strategy involves setting ambitious targets such as increasing leadership representation of these groups by 30% by 2025 and addressing disparities in hiring, retention, and promotions. Cost Efficiency : Companies can benefit financially by hiring talent in regions with lower living expenses.

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Furthering Your Education on a Budget

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If you only have a vague notion of how much your salary stands to increase before beginning this work (or haven’t considered it at all), take some time to do so before you formally sign up for anything. Ask yourself these questions: What is your ultimate goal (promotion, raise, more knowledge, all of the above, etc.)? Keep learning.

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Are You Covering All Expense Bases?

Step It Up VA Coaching

As entrepreneurs/business owners, we take great care in setting rates, creating packages and tracking the hours we and our teams put in; but are our rates really paying for our expenses? Any money you spend to run or grow your business must be paid for somehow, and not necessarily out of your own salary.

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4 Ways To Financially Support Your Employees (Other Than Raises)

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Here are some actionable tips that employers can take to help their employees prepare for economic downturns and unexpected expenses. Without simply increasing wages, what course of action can employers take to prepare their employees for economic downturns and unexpected expenses? Unfortunately, this just isn’t the case.