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China Orders Pay Cap At State-Owned Financial Firms, Risking Attrition To Private Sector

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The most sweeping wage reduction exercise in the $67 trillion finance sector will begin as early as next month though staff are yet to be informed of reasons, the people said. Executive income at subsidiaries of the targeted firms, including investment banks and asset managers, will be capped at 3 million yuan, the three people also said.

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France Wants Workers To Work One Day For Free

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The proposal, introduced by center-right Senator Elisabeth Doineau, would require workers to contribute an extra working day’s worth of hours without salary, while their employers would be obligated to make additional social security payments.

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How To Finance Higher Education On A Budget

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Financing higher education to advance career goals can be daunting. Saving for grad school on a teacher’s salary in an expensive city is challenging, especially without familial help. Be realistic about your ability to repay loans, especially if you will have a lower starting salary.

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What Caitlin Clark’s Starting Salary Says About the State of the Gender Wage Gap

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But when it came time to receive her first salary as a professional basketball player, many fans—and women across the country in general—were shocked by the amount: $76,535. Glamour wrote, “The math is not mathing” and quoted a Twitter post that said Clark would qualify for low-income housing in San Francisco on that salary.

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Why Has The Gender Pay Gap Doubled In Two Years?

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There are notable disparities in certain fields, such as STEM, where women earn significantly less compared to men, while fields like Accounting and Banking & Finance show some progress towards pay equity. The second is the pay-gap is widening at more senior levels, and very high salaries can skew mean salary data disproportionately.”

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Dell and Flight Centre Push for Full-Time Office Return Amid Worker Resistance

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A recent KPMG study revealed that 82% of Australian CEOs favor having white-collar workers back in the office five days a week within the next three years, according to Yahoo Finance. A Yahoo Finance poll of over 3,200 respondents found that 69% would consider leaving their jobs if their WFH benefits were revoked.

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How Do You Survive When Your Business Isn’t Profitable at the Start?

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But you also need to be prepared for your finances to change dramatically. The good news is that you can make a salary even if your business isn’t profitable. The bad news is that if you don’t have a profitable business to start, you might feel guilty or reckless drawing anything except the smallest salary you can live on.

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