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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. Despite a cooling labor market, a high number of organizations (78% in the U.S.,

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Southern Metros Dominate as Top Destinations for MBA Graduates in 2024

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MBA graduates are seeking metropolitan areas that offer the best opportunities for early career growth and personal satisfaction. A recent study published by Coworking Cafe analyzed over 100 metros across the United States and has identified the top destinations for MBA graduates in 2024 — with Southern metros dominating the list.

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Motherhood Penalty vs. Fatherhood Bonus: A Closer Look at the Gender Pay Gap in 2024

Allwork

This figure is found when researchers measured the “uncontrolled gender pay gap,” which looks closely at the median salary for all women and all men. The post Motherhood Penalty vs. Fatherhood Bonus: A Closer Look at the Gender Pay Gap in 2024 appeared first on Allwork.Space. for Black women, by $0.05 for Hispanic women, and by $0.04

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Remote Work Wage Gap: In-Office Jobs Pay $22,000 More, Study Finds

Allwork

A new study has found that workers who opt for fully in-office roles are being rewarded with significantly higher salaries compared to their hybrid and remote counterparts. According to a report published by the BBC , ZipRecruiter data shows that the average salary for in-person positions in the U.S.

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Demand for IT Plummets as Technology Firms Shift Focus to AI

Allwork

As artificial intelligence (AI) continues to be developed at a relentless pace, many tech workers accustomed to high salaries and strong demand for their skills are facing a new reality: adapt by learning AI development skills or brace for tougher job prospects and reduced pay.

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

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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%

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