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Are Employers Putting the Brakes on Salary Increases in 2024?

Allwork

a compensation management firm, released its eighth annual Salary Budget Survey (SBS). The report predicts that average pay increases in 2024 will be 3.8% 81% in Canada) anticipate their salary budgets in 2024 to increase or remain the same as 2023. What’s going on: Payscale Inc.,

Salary 245
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41% of U.S. Managers Want To Replace Employees With AI This Year

Allwork

While many AI researchers in 2024 believe that AI technology will help augment human workers — increasing productivity and work-life balance for millions in the workforce — there is also a sizable number of workers globally who still fear massive job losses as a result of automation. The fears might be warranted.

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New Employee Demands Are Changing The Way Employers Hire

Allwork

of job seekers said they plan to use AI tools, like ChatGPT, for resume writing or job search assistance in 2024. Economic factors like high inflation persist into 2024, influencing corporate strategies while cooling the labor market. who responded “In the first 3 to 6 months of 2024.” According to iHire, 10.4%

2024 299
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Job Seekers Losing Leverage, Pay, Flexibility As Job Market Flips

Allwork

It’s reported that many employers lack formal pay structures and 40% actively discourage salary discussions among employees. Over one quarter of employers are seemingly ignoring disparities with 27% only addressing pay equity concerns when prompted by staff or management.

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Half of UK businesses expect 2024 to be easier than 2023

Workplace Insight

UK businesses are hopeful for 2024 according to new research from Pleo. The CFO’s Playbook for 2024, which polled over +500 UK financial decision makers, found that almost 50 percent of UK businesses believe 2024 will be “easier” than 2023 (vs. Despite this, staff numbers will remain buoyant in 2024.

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Which Way To Run? Decoding The Wobbly Economics Of The Office Market

Allwork

Managers threaten to withhold promotions and raises for employees who work remotely (too often). And then there is the whole self-help consulting industry surrounding hybrid — five ways to be a better hybrid manager or leader , how to build a hybrid culture , how to maximize the effectiveness of hybrid teams, etc. Where to Next?

Salary 299
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If You’re Not Operating Career-Forward and Building Professional Equity, You Could Stifle Your Success

Success

The salary may be good, and the work may be important, but such employees are not going anywhere. There’s an oft-mentioned management principle called the Peter principle , which was developed by Laurence J. There’s an oft-mentioned management principle called the Peter principle , which was developed by Laurence J.

2024 282