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Worker Confidence Defies Slowing Wage Growth Trends

Allwork

workers remain confident in their ability to negotiate higher pay. employers offering key benefits like health insurance and retirement contributions. According to Morning Consult, this is particularly prevalent in relatively low-skill industries including food & beverage, leisure & hospitality, and retail.

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2023 Financial Forecast: How to Prepare for the Year Ahead

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That means you may need to brace for a “new normal” of higher inflation—possibly into 2024, she adds. In turn, that could mean workers have less bargaining power in negotiating things like raises, he adds. There’s almost certainly going to be less opportunities for workers next year than there are this year,” Tilley says.

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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

In it, she breaks down all the new payroll compliance changes affecting payroll administration in 2024, including post-pandemic trends that don’t appear to be going anywhere anytime soon. Without further ado, here’s step-by-step guidance for achieving payroll compliance in 2024. How does it do that?

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