Success

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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JANUARY 10, 2023

Companies demanding employees return to the office for 3-5 days per week are dealing with resistance, attrition, quiet quitting and diversity issues. . Evidence shows that underrepresented groups are leaving employers who mandate a return to the office and are fleeing to more flexible companies. . Resistance . Quiet Quitting.

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FEBRUARY 8, 2023

Analysts predict that the company’s revenue only increased by 6.7% in 2022, compared to the more than fourfold growth seen during the previous year. Why it matters: Zoom stepped up its recruitment tactics during the pandemic to meet growing demand, but now, like many other U.S.

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JULY 19, 2023

is facing its second lawsuit within a month that claims that the company owes over $500 million in severance pay to former employees, according to Reuters. Despite promises of two months’ salary and other payouts upon layoffs, Woodfield and other ex-employees claim they have not received their due compensation.

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MAY 8, 2023

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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MAY 4, 2023

By spring 2022, this figure rose to 9%. Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. As a highly experienced expert in hybrid and remote work , I have consulted for many companies on this topic.

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Success

MARCH 15, 2023

Despite the pandemic—though workplaces are still notably dominated by men— the number of female employees in the workplace has “surpassed prepandemic levels” as of September 2022, according to a USA Today report , making the glass ceiling feel… destructible. As of 2022, the U.S. As of 2022, the U.S.

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FEBRUARY 1, 2023

CEO Pat Gelsinger and mid-level managers will be impacted, with Gelsinger seeing his base salary slashed by a quarter, or roughly $312,000 of his $1.25 This comes in the wake of Intel spending $489 million in 2022 to match employee contributions to qualified retirement plans, according to their annual report. “As million base pay.

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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 occupations employing the most workers in America in 2022: . Biologists .

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FEBRUARY 14, 2023

This new development comes less than a year after the tech giant conducted its first round of job cuts in September 2022, where 11% of its staff were let go. “We have to spend less, streamline, and become more efficient. To do that, we’re forming two business units: Twilio Communications and Twilio Data & Applications.

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FEBRUARY 17, 2023

Quiet quitting was trending in 2022, as employees responded to feeling underappreciated , underutilized and under-compensated. This new workplace phenomenon is the result of bosses trying to figure out creative ways to fill gaps in their companies without spending extra money to hire new employees. What is quiet hiring?

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JULY 28, 2022

44% of employees stated feeling stressed at work the previous day according to Gallup’s State of the Global Workplace: 2022 Report . The report notes that in order to create an environment that actually builds a sustainable workforce, companies “need to think about the whole person, not just the worker.” . What does this tell us?

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JULY 31, 2023

Employers were struggling with retention and having to adapt with cutting-edge strategies, offerings and salaries to stay afloat. comments that the “Big Quit” is turning into the “Big Stay,” pointing to job openings falling by 20% from when they peaked a year ago in March 2022. Everyone was quitting.

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JUNE 19, 2023

Laith Masarweh, founder and CEO of Assistantly, an agency that connects businesses with virtual assistants around the world, says that in the third quarter of 2022, bosses hiring VAs for their employees increased significantly, by 10% to 15% of Assistantly’s business. Many companies approached Assistantly for help.

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JUNE 28, 2023

In 2022, a Bain and Company survey revealed that 61% of employees under thirty-five were most concerned about their job security and finances (compared to 41% over thirty-five). This was supported by a LinkedIn survey which found that 72% of Gen-Zers wanted to quit their jobs in December 2022.

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APRIL 22, 2024

The average salary range for ethical hackers is between $95,000 to $119,000, according to Crowdstrike. According to Jen Glantz , she’s had over 100,000 people apply to be professional bridesmaids since her company Bridesmaid for Hire launched. Her company also offers maid of honor services and vow or speech writing services.

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FEBRUARY 15, 2023

According to the survey by talent services company, Morgan McKinley for its 2023 Salary Guide , 56 percent of employees in the UK are looking to move jobs in the first half of the year, with 49 percent selecting better pay as the primary reason, followed by ‘better career growth and development opportunities’ (17 percent).

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OCTOBER 3, 2022

It allows them to test different ideas—much like I have with 17 companies during the past several decades. According to him, the entrepreneur has unlimited upside with limitless earning potential, while a job is fixed with a salary and maybe a bonus. Money equals opportunity to an entrepreneur.

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NOVEMBER 7, 2022

For many salaried, white-collar employees, having the ability to choose when and where they work is a privilege that isn’t offered to non-traditional workers. . For employers, this could be bad news as professionals are more likely to seek a great perhaps at another company that acknowledges their hard work. .

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JULY 4, 2022

Demand for work is at an all-time high, but companies are still struggling with labor shortages. For most workers, wages do not go up in proportion with rises in inflation, diminishing the purchasing power of worker salaries. . As it stands, over the past year, there have been more jobs available than ever.

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Success

DECEMBER 30, 2021

Someone who secured the first salaried position in their family’s history at $25,000 could see their story as just as good or better than the story of somebody who makes $250,000 but whose friends make millions. He has a good job, he makes a good salary and is good at the work he does. Copyright ©2022 by Kindra Hall.

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JUNE 28, 2022

Many large companies, entrepreneurs, and politicians are trying to put an end to remote working, which has led to panic over whether remote working is soon to be obsolete. . As of late, there has been a push from employers and companies to get workers back into the office. . Gilles Raymond, CEO/Founder of Letsmeet: . “

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JUNE 2, 2023

Gallup’s “ State of the Global Workplace: 2022 Report ” shows “60% of people are emotionally detached at work and 19% are miserable.” There are numerous reasons employees might not speak up at work, from fearing backlash from bosses in charge of their promotions and salary to worrying about how it will impact their reputation.

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JULY 19, 2022

Since joining the company eight years earlier, he had worked his way up to a solid position in middle management with a decent salary and great benefits. According to the Bureau of Labor Statistics , the number of “job losers and persons who completed temporary jobs” remained at about 2,800 in March, April and May 2022.

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JULY 12, 2023

A 2022 survey from The Conference Board shows workplace happiness and satisfaction is actually up, and even at an all-time high since the survey began in 1987. First, her previous employer at another company eliminated her position after she announced her pregnancy to her manager. Now, it seems there’s a bit of a reprieve.

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AUGUST 26, 2022

As Generation Z—those born between 1997 and 2012—begins to enter the workforce, companies are realizing their current office spaces, operational policies, and company norms do not resonate as strongly with this emerging employee base as they did with those of decades past. Amenities, Benefits & Salary: A Shifting Mindset.

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Workplace Insight

APRIL 8, 2024

Here is why: Recent data reveals a concerning trend of discrimination against women aged 35-50 in the workplace (source: HBR, 2022 ). For example, a recent survey of companies in the UK found that 47 percent have no supportive policies for employees struggling with fertility ( FertilityFamily , 2023).

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AUGUST 22, 2022

College up-close in 2022 doesn’t really resemble the “college” in our minds. the ongoing Great Resignation); and for higher education institutions themselves, which are increasingly struggling to justify astronomical tuitions and which, according to studies, overestimate their debt-burdened graduates’ entry-level salaries by 100%.

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JUNE 6, 2023

When an employee announces their resignation, or mentions they are considering quitting , employers and business leaders might feel an onslaught of emotions, from disappointment to anger to, potentially, some self-doubt about the future direction of the company. Instead, the company counter-offered in an effort to retain the teacher.

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JULY 25, 2023

Employee related risks in the top five include lack of skilled talent, employee retention and cost of salaries. Despite the cost of materials continuing to rise over the last 12 months, this risk has dropped back from first place in 2022.

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SEPTEMBER 3, 2022

As of August 2022, the economy has already seen two months of negative GDP growth, but the National Bureau of Economic Research (NBER) hasn’t officially declared one yet. Refresh any connections you’ve lost with coworkers, mentors or other professionals, especially if they are outside your current company or industry.

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OCTOBER 6, 2022

Anywhere Workers — The State of Play in 2022. As of June 2022, over 25 countries had introduced digital-nomad visas to attract international guests who can temporarily live in one country while working for companies or clients based in another.

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NOVEMBER 1, 2022

According to the 2022 Work Trend Index , 53 percent of employees are more likely to prioritize health and wellbeing over work than before the pandemic. These spaces aren’t just focused on the niceties and perks that once drove recruitment for the high-tech companies of yesterday.

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NOVEMBER 17, 2022

question is pivotal, but CBRE’s research noted that very few companies are building consensus around why a return to office is critical to the success of the company. . Companies around the world are at a crossroads. . Behind salary and benefits, it’s always going to be the commute.” . Listen in full here. .

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Success

NOVEMBER 29, 2022

How did you go from launching the company just before the pandemic and navigating the last few years to get where you are now? Because I know what I felt like when I was negotiating my salary—it’s very hard to negotiate for yourself. This article originally appeared in the November/December 2022 issue of SUCCESS magazine.

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Bonnie Low-Krayman

JANUARY 10, 2024

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. Quiet Hiring is about filling open positions with the staff who are already on the payroll rather than hiring from outside the company. What’s happening now? Quiet Hiring.

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APRIL 2, 2023

My research has identified four further categories: digital nomad business owners; experimental digital nomads; armchair digital nomads; and, the fastest emerging category, salaried digital nomads. million in 2022. With the average salary in Portugal under US$20,000 (£16,226), these are clearly are not aimed at local people.

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