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A new survey from the Building Owners and Managers Association (BOMA), software firm Yardi and research advisory company Brightlight Strategies offers insight into how the past few years have altered office space needs. .
More than 84% of federal employees and managers surveyed said telecommuting has improved both the quality of work and customer satisfaction. She highlights the cost savings associated with telework, from reduced office space to minimized commuting expenses, emphasizing the broader financial implications for taxpayers.
In fact, a revealing survey found that 43% of U.S. Additionally, a recent Gartner survey highlights that strict RTO mandates significantly increase the risk of losing high-performing employees, particularly women and millennials, who highly value workplace flexibility. workforce to opt for fully remote work.
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. The survey, conducted among 1,750 full-time employees aged 17 to 27, found that only 13% of Gen Z believe they are compensated fairly.
According to a survey from McKinsey , occupants are focused on just a few things when it comes to their workplace needs: flexibility, inclusion, wellbeing and work-life balance. . Additionally, keep an eye out for any end-of-season sales that could further help mitigate expenses.? . A 2017 report from the U.S. Thrift Stores .
Interesting survey resluts from Bankrate on side hustles. According to their findings: nearly half of working Americans (45 percent) surveyed reported having a side gig in addition to their primary job. 48% of millennials, 39% of Gen Xers and 28% of Baby Boomers reported having side gigs.
A new survey shows that most hourly workers have little to no emergency savings as inflation continues to climb. . The survey from payment platform Branch found that 83% of 3,000 hourly worker respondents had less than $500 in emergency savings, while almost half said they had none at all. .
Unfortunately, the odds aren’t necessarily in their favor: A survey of pandemic entrepreneurs found that more than half believe their business will fail within the year without extra aid. After all, without cash flow and a solid financial plan that includes costs and expenses, you won’t be able to get your business off the ground.
We all know expenses exist, but the numbers keep adding up—rent, water, trash, electricity, cable, Internet, car insurance, renter’s insurance, gas, cell phone. According to a Gallup survey , only one in three Americans prepares a detailed household budget. Check out your expenses from last month and then categorize each transaction.
Flexible office operators are enjoying their time in the limelight as corporations reconcile with their expensive office presence. . According to a survey conducted by Yardi, 39% of occupiers are interested in or currently using coworking spaces. Considering just a few years ago coworking spaces made up just 2% of total U.S.
The 2024 Global Benefits Attitudes Survey , published by WTW, surveyed 10,000 U.S. employees to reveal this sentiment is being driven by rising costs of living, as 88% of U.S. workers say they struggle to meet basic living costs.
A new survey has found that 54.7% This important national survey indicates that rising inflation levels have resulted in what is effectively a pay cut for the majority of U.S. consumer price index (CPI) currently sits at a four-decade high of 9.1% , and according to the survey, men are 33.3% This is especially true for women.
For the first time in its 18-year history, the College Savings Foundation’s State of Higher Ed Savings Survey reported that more than half of parents said they are saving in a 529 plan. These plans are tax advantage savings vehicles for education expenses like tuition and books. ” He adds that it “may delay homeownership.
The survey reveals 79% of flexible office operators globally plan to expand, with many targeting up to five new locations within the next two years. One of the notable challenges affecting flex space providers is the rising operating expenses (OpEx), which have led 69% of global operators to plan rate increases for the next year.
However, in the face of inflation and an expected recession, a survey finds that employee desires are shifting. . According to a new survey from Betterment at Work, workers are more concerned about financial stability as they look to the future. Just one year ago, employee’s most valued having flexibility at work.
A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons. So only adjust your emergency fund if your monthly expenses increase, you get a raise, or you gain dependents.
In fact, a recent study from Moms First showed that 45% moms cited childcare expenses as the reason they left work. Over the last few years, experts promised that pre-pandemic norms were a relic of the past. However, in 2023, it appears that leaders are looking to return to the status quo.
While college is expensive and time-consuming, having this experience on your resume is a massive benefit. Intelligent.com surveyed 1,250 U.S. What the survey found was that 84% of hiring managers said the higher education institution a candidate attended was a “very important” or “important” factor.
Although some have speculated that the Great Resignation is about disgruntled employees trying to find work that makes them happy, a new survey suggests otherwise. . Seventy-six percent of survey respondents who said their current employer offers its employees tuition benefits reported feeling valued by their current employer. .
A new survey confirms what experts have been warning about: pay is not keeping up with the cost of living. According to a Bank of America-sponsored survey, a whopping 71% of employees say that their wages have not kept up with the pace of inflation in July, up from the 58% who said so in February. . seen in June.
This research surveyed coworking centers to identify practices related to each meaning of sustainability. According to research published in the academic journal Sustainability , there are four perspectives in the coworking industry that provide distinct answers to the question “What is a sustainable coworking space?” .
ResumeBuilder.com conducted a survey in order to find out if the inflation and supply chain issues facing the country over the past several months have prompted even more retirees to consider going back to work. . What the survey found was that 69% of retirees who are un-retiring are doing so in order to combat the rising cost of living.
MyPerfectResume found that 85% of surveyed American workers are worried about losing their jobs, while 78% of them predict a recession is imminent. Ideally, workers should aim to save 3-6 months of living expenses. This cushion can help cover essential costs in case of job loss or unexpected expenses.
In short, instead of facing the hefty expenses of laying off employees and training new ones, organizations are turning to higher payrolls for current workers. So what can companies do to better understand how layoffs may impact their overall expenses? . But despite the layoff rate falling, employee quit rates continue to climb. .
We fear that slowing down and organizing will kill our productivity, but the facts suggest otherwise: The average office employee spends “at least two hours a day—or 25% of their workweek—looking for the documents, information or people they need to do their jobs,” according to Glean ’s 2022 Hybrid Workplace Habits & Hangups survey. “54%
A recent survey of 175 office workers in the U.K. of survey respondents citing travel expenses and time as their major concerns. of survey respondents citing travel expenses and time as their major concerns. A recent survey of workers in the U.K., Why would people go to the office? More specifically, 52.2%
If you like having hard copies of information in front of you, print out statements from the last quarter, and use highlighters or other color-coding to sort your expenses into different groups. Subtract your net income from your net expenses.
According to a 2022 survey by Deloitte, 36% of millennials and 29% of Gen Z cited “cost of living” as their greatest concern. Be more descriptive than simply “transportation” because a Lyft to the bar on Friday night should not be marked as a vital expense. Somehow as we age, #adulting is just supposed to be intuitive.
Our Hybrid Future Surveys say two-thirds to three-quarters of employers plan to operate on a mainly hybrid schedule after the pandemic. Eight major surveys ( 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 ) found a quarter to a third of employees want a fully remote schedule permanently and over two-thirds want a hybrid schedule.
In a new survey, 62% of people said “vacation time” is one of the most important job benefits. . In a new survey , 62% of people said “vacation time” is one of the most important job benefits, following closely behind remote work (77%) and salary (83%). .
Experts report that lost productivity costs employers two to three times more than annual health care expenses. It seems likely that many workplaces may limit or exclude coverage, but is healthcare coverage actually the biggest cost associated with workplace health problems? So what’s the biggest health issue that causes lost productivity?
According to a survey of HR leaders by Gartner, Inc., Rising inflation, scarce expensive talent, and global supply constraints represent a new combination of variables for HR leaders to understand as they consider their 2023 strategies,” said Mark Whittle, vice president of advisory in the Gartner HR practice. .
According to recent surveys, the vast majority of companies have no plans to reduce hybrid or remote work options for employees. A survey of 1,100 companies worldwide by The Conference Board found that only 3% of U.S. A survey of 1,100 companies worldwide by The Conference Board found that only 3% of U.S.
The expense can become even greater for companies that have existing staff that they wish to relocate. from other countries have recovered to pre-pandemic levels and the amount of worker relocations is also expected to increase in 2023, according to a survey by Atlas Van Lines Inc. Relocations to the U.S.
A recent Gympass study found that companies with corporate wellness programs had 35% lower healthcare expenses compared to those without. A recent Gympass study found that companies with corporate wellness programs had 35% lower healthcare expenses compared to those without.
In fact, 54% of employers currently offer financial wellness programs, based on responses to an annual survey conducted by the Employee Benefit Research Institute (EBRI). Companies can gauge employees’ interest in financial wellness programs by conducting anonymous surveys, she adds. Such benefits can yield significant results.
In order to keep up with everyday expenses, workers are having to find quick solutions, and having multiple jobs and side hustles seems to be one of the most popular options. Around half of the respondents in the Paychex survey indicated their intention to polywork for the foreseeable future. Although it fell slightly to 6.5%
Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. A survey of 3,000 workers at leading companies like Google, Amazon, and Microsoft discovered that 64% would prefer permanent telecommuting over a $30,000 salary increase.
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?
Workers widely support flexible working, with some surveys indicating employees would leave their jobs if they were refused such arrangements. . Evidence has accumulated that shows workers widely support flexible working on a grand scale, with some surveys indicating employees would leave their jobs if they were refused such arrangements. .
Business insurance for freelancers can be confusing According to a survey by Next Insurance , “40% of small business owners said it’s more stressful to understand insurance than taxes.” The bottom line: More than half of those surveyed said their biggest barrier to getting coverage was understanding what insurance their business needed.
The latest Job Openings and Labor Turnover Survey from the U.S. On the other hand, remote work can also be seen as a way to cut costs, since it often leads to reduced expenses for office space and utilities. Bureau of Labor Statistics (BLS) indicates signs of cooling in the U.S. million in March from a revised 8.81 million in February.
” The “ Esker 2023 Survey: Sustainability in the Workplace ” supports Finnegan and Wright’s beliefs on the importance of sustainable business practices, and details that it’s a high priority for many employees as well.
They express significant satisfaction with their work, according to the annual Fiverr surveys. Some 38% of respondents to the Fiverr survey said they raised their rates in 2023, 43% said they increased their revenues last year and 55% said they expect to earn more in 2024. Several key factors drive people to the gig economy.
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