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As CEO Salaries Skyrocket More Than 25%, Financial Security Is Wavering For Workers

Allwork

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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Do Pay Transparency Laws Actually Matter?

Allwork

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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3 Awkward Money Conversations in the Workplace and How to Navigate Them

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One option is to consider developing a policy that dictates when you’ll contribute, and sharing the terms of that policy when asked. 2: Lack of salary transparency You’re applying for a new role and the application asks you to list your salary requirements. In my view, salary transparency is a must ,” Holman says. “It

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Unveiling the Hidden Potentials of Remote Work Productivity

Allwork

A 2020 Stanford University study revealed that remote workers were 5% more productive than office-bound counterparts. 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. By spring 2022, this figure rose to 9%.

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7 Strategies To Attract And Retain Top Talent

Allwork

That’s not surprising, and aligns with the early November jobs report , which finds that U.S. That’s especially the case since the just-released US labor market report for tech jobs shows continued strength, with tech companies actually adding 20,700 workers in October. . That might not bode well for many tech companies firing workers.

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How Companies Can Support Moms in–and Returning to—the Workplace

Success

The pandemic added additional obstacles for parents, with just under half of moms (45%) “not actively working” after the pandemic hit in April 2020, according to the Census Bureau. For some parents, having more than one child may be when childcare becomes more costly than their salary or wages can accommodate.

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The Workforce is on the Move…and so is Compensation

Bonnie Low Kramen

Make no mistake – a workplace revolution is happening right now and these types of conversations, decisions, and new policies are being formulated right now. The truth is, that even before the Covid-19 pandemic that sent thousands home to create in-home offices in March 2020, the workplace was already – quite literally – in motion.

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