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OCTOBER 1, 2024

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. It takes time to move up in the ranks and earn a higher salary. Newsweek reports that 45% of Gen Z expats had left the U.S.

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NOVEMBER 8, 2022

As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Last year, Colorado enacted the Equal Pay for Equal Work Act — a law that requires employers to include salary ranges on their job postings. .

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OCTOBER 24, 2022

A recent report reveals median employee pay did not keep pace with inflation in 2021. The gap between CEO and employee salaries continues to expand, despite overwhelming backlash from low wage employees. . million salaries while the median worker received $23,968, the report revealed. .

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JULY 8, 2024

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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MARCH 27, 2024

Notably, science majors report the highest levels of anxiety in the survey. Despite this lack of preparation, the survey also reveals that one in four students who plan to enter the workforce expect a starting salary of $70,000 or more. The data suggests this anxiety could be due to a lack of proper preparation.

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MARCH 26, 2024

A new study has found that workers who opt for fully in-office roles are being rewarded with significantly higher salaries compared to their hybrid and remote counterparts. According to a report published by the BBC , ZipRecruiter data shows that the average salary for in-person positions in the U.S. In the U.K.,

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AUGUST 29, 2024

ResumeTemplates.com , the leading platform for free professional resume templates and examples, has published a recent survey report. In August, ResumeTemplates.com surveyed 1,000 business leaders in the United States to understand how economic pressures and a tight labor market are impacting salaries and benefits within their companies.

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NOVEMBER 12, 2023

Women can fight for themselves in the salary negotiation process by doing their research and being confident in their experience and abilities. As more states start to require salary ranges to be published, this will help even the playing field between women and men. A good HR team will fight for salary equality, and many do.

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SEPTEMBER 15, 2023

17, employers in the state of New York will be required to disclose the minimum and maximum salary or hourly range on their job postings. with states like California, Washington, and Rhode Island also championing wage equality through similar legislation, as reported by Worklife. Starting this Sunday, Sept.

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MARCH 18, 2024

As artificial intelligence (AI) continues to be developed at a relentless pace, many tech workers accustomed to high salaries and strong demand for their skills are facing a new reality: adapt by learning AI development skills or brace for tougher job prospects and reduced pay.

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AUGUST 4, 2024

Lack of salary disclosure and misrepresented job roles are major turn-offs for job seekers, with salary being the dominant factor in job decisions. Salary remains a supreme factor for job seekers, impacting their financial stability and career satisfaction. Red Flags for Job Seekers 1. What Is Most Appealing to Job Seekers?

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APRIL 28, 2022

So too is the case with Bitwage , which is a payroll service allowing employers to pay workers in cryptocurrency – also, Bitwage offers its own employees a crypto salary. . At this point, it is possible – no matter what your profession is – to have your entire salary converted into cryptocurrency. .

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APRIL 24, 2023

employers list salary ranges in job postings in response to recently passed pay transparency laws, fewer people are submitting applications without first knowing what they pay. Pay transparency laws aim to promote fairness and reduce pay disparities based on factors like gender, race, and ethnicity. As more U.S.

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MARCH 11, 2024

According to a report published by The Wall Street Journal , major metro areas such as San Francisco and New York City are known to offer hefty salary premiums and serve as centers of innovation and economic growth. job market has historically been heavily concentrated in only a few major metropolitan areas over the last century.

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JULY 8, 2024

The high demand for skilled employees with knowledge of how to use artificial intelligence (AI) tools is also leading to higher salaries for Chief Information Officers (CIOs) this year. The post CIO Salaries On The Rise As Leadership In AI Becomes Critical appeared first on Allwork.Space.

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JANUARY 12, 2023

Flexible work is critical to employee retention according to a new report from Sonovate. . Taking research from 4,000 respondents and 500 small and medium-sized business owners, the Future World of Work report showed UK businesses can no longer rely on just salary increases to attract and retain top talent. .

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NOVEMBER 15, 2023

The rise in popularity of artificial intelligence (AI) tools being integrated into the workforce could greatly impact salaries for professionals who decide to learn new programming skills. The report also reveals that in some states and U.S. territories, AI-related jobs pay over 100% more than the average salary for other occupations.

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DECEMBER 30, 2024

Katherine Lin quit her civil service job in the southern megacity of Shenzhen in July after her 15,000 yuan ($2000) salary dropped by a quarter, bonuses were scrapped, and managers hinted at further downsizing. “Some departments chose to either cut salaries by 30% or fire people in response to cost-cutting policies,” she said.

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DECEMBER 21, 2022

Tesla will conduct another round of layoffs early next year according to new reports. . Last June, Musk said that Tesla would be cutting its salaried workers by around 10% . Musk in June said Tesla would cut salaried employees by roughly 10% over the next three months. .

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JULY 15, 2024

Although women typically begin their careers earning wages comparable to their male counterparts, over time, as they age and progress in their careers, a gap in salaries emerges — with women’s earnings falling behind those of men. As recently reported , “Despite constituting 47% of the U.S.

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MAY 29, 2024

It’s reported that to match the buying power of a $100,000 salary from 1994, an individual would need to earn $212,000 today. Moreover, securing a high-paying job typically requires advanced education and extensive experience.

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JULY 1, 2022

Salaries, however, tend not to keep up pace with inflation. Companies keep salaries fixed and only make changes with long-term considerations in mind – such as the inability to reduce wages during market failure. . What effect does the increase in salaries have on inflation then? According to a survey of 5000 U.S.

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AUGUST 9, 2022

Last year, Colorado enacted the Equal Pay for Equal Work Act, a law that requires employers to share salary ranges on job postings. . While the researchers do not directly attribute salary transparency to increased participation, it does show that residents in the state were more willing to work compared to levels seen in Utah.

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JUNE 24, 2024

Gen Z leaders are prioritizing mental health more McKinsey & Company’s research indicates that 55% of Gen Zers studied reported having been diagnosed with or having received treatment for mental illness, echoing previous research that showed the importance of addressing the mental health crisis caused by the COVID-19 pandemic.

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AUGUST 19, 2024

General Motors (GM) is laying off more than1,000 salaried employees globally from its software and services division. CNBC reports the automobile giant will focus on emerging technologies including electric vehicles and software-defined features. The reduction represents about 1.3% Like other large U.S.

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JUNE 14, 2024

Jong and Salgado, both long-time employees of Apple, argue that the company’s methods for determining starting salaries — initially based on compensation history and later on salary expectations — have entrenched gender-based pay gaps.

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JUNE 25, 2024

DW reports that Greece’s GDP growth is projected to surpass the eurozone average — with expectations of 2.2% A critical aspect of these reforms is to combat undeclared work — which is reported to be prevalent in sectors with labor shortages. By doing so, Greece hopes to address its skilled labor shortage and improve productivity.

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MARCH 3, 2023

According to a regulatory filing, Tomb was granted $45 million in stocks that would vest over four years, with an annual salary of $400,000. Why it matters: Earlier this week, Zoom disclosed their earnings report which included a notable 27% increase in large enterprise customers year-over-year.

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AUGUST 23, 2024

Silicon Republic reports that the majority (71%) of respondents say access to flexible work arrangements is of great importance to them. A recent survey of workers in Ireland by hiring platform Indeed reveals a mismatch between the flexible work options that employees need and what their employers provide.

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JULY 26, 2022

That overall growth rate for green jobs is higher than for the overall workforce (+7.7%), and some green occupations are among the fastest-growing in the country — plus they tend to pay 31% more than the national median salary. These are the top ten green jobs with the highest salaries: . This number accounts for about 0.6%

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OCTOBER 8, 2024

Perhaps more information needs to be shared or reports that no one reads can be eliminated. Save the salary discussion for another time Companies usually start discussions regarding salary increases at least a month before annual reviews begin. Can the company invest in new technology?

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JULY 27, 2023

2: Lack of salary transparency You’re applying for a new role and the application asks you to list your salary requirements. The salary is not listed on the job description, and Google comes back with such a wide range, you’re unsure of what to put down. In my view, salary transparency is a must ,” Holman says. “It

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JUNE 3, 2024

Drawing from a survey of nearly 35,000 workers across 18 countries, ADP Research Institute’s People at Work Report 2024: A Global Workforce View shows many employees are anticipating higher wages due to rising costs of living. More than 55% of the survey’s respondents rank pay among their top three job priorities.

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FEBRUARY 22, 2024

A new study published by Payscale reveals that despite efforts to close the gender pay gap, women still earn only 83 cents for every one dollar earned by men — a figure that is reported to not have improved from the previous year. for every dollar earned by a male parent, which is the same as last year. for white women and $0.01

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MARCH 18, 2024

“As employers rebound from a year marked by economic uncertainty, talent shortages, and hiring slowdowns in some industries, they are seeking to optimize their approaches to talent acquisition, development, and retention,” iHire’s President and CEO Steve Flook stated in the company’s report. who replied, “Immediately,” and the 11.8%

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JULY 31, 2023

The disparity between foreign income and local Portuguese salaries could increase social inequality and lead to labor shortages in key industries as many professionals will not be able to afford living in major cities. If this situation remains unchecked, there may be a push for stricter regulation of digital work and international investment.

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OCTOBER 4, 2022

Half of workers report annual or semi-annuals being their only form of workplace feedback, with 63% desiring more immediate review. However, about half of workers report annual or semi-annual reviews are their only feedback, with 8% saying they never receive feedback, according to a new Eagle Hill Consulting survey.

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