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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. . By 2021, chief executives at companies with the lowest-paid staff made an average of $10.6

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Want To Stop Employees From Walking Out The Door? Build Them A Career Ladder

Allwork

Resignations have skyrocketed in recent years — 2021 and 2022 have had some especially high numbers — along with the coinage of the term, the Great Resignation. Even though this phrase was coined from a sudden jump in resignations in 2021, the numbers skyrocketed in 2022.

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Quiet Hiring: Admin Professional Trend

Bonnie Low-Krayman

By Bonnie Low-Kramen for Admin Professional Today | November, 2023 The Great Resignation of 2020 led to massive and chaotic hiring in 2021. As burnout, stress, and mental health issues increased to red alert levels due to poor onboarding and inadequate training, Quiet Quitting took hold in 2022. What’s happening now? Quiet Hiring.

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The Ubiquitous Anywhere Worker — A Passing Fad Or The Future Of Work?

Allwork

In 2021, over 15 million Americans described themselves as digital nomads. It has meant that workers can retain (or increase) their salaries whilst cutting costs in other areas. . This represents a staggering increase of 112%, from pre-pandemic levels. The trend is driven by the desire to combine remote work with travel.

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

An individual who understands their own unique work and life circumstances will find their key sense of self-awareness to be an essential skill when organizing for tax season. Part of that process starts with taking notes on how you work, for how many hours, and from where.

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Why we need to consider switching to a 4-day workweek — now 

Ideas.Ted

The results: Increased productivity and creativity; improved recruitment and retention; less burnout for founders and leaders; and more balanced and sustainable lives for workers — all without cutting salaries or sacrificing customer service. As a result, companies didn’t cut salaries when they reduced hours.

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How We Need To Adjust To The Future Of Work – A personal interview with Bonnie Low-Kramen by Karen Mangia for Thrive Global

Bonnie Low Kramen

Olympia passed away on May 1, 2021. Base salary is only one way to earn money. Our collective mental health and well-being are now considered collateral as we consider the future of work. What innovative strategies do you see employers offering to help improve and optimize their employee’s mental health and wellbeing?