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Cost of living crisis incentivises people to work from home

Workplace Insight

A new report claims that rising numbers of the people in the UK are choosing to shop and work from home to make every penny count as the cost-of-living crisis continues. Well over half of commuters (62 percent) cited travel costs as a more important issue, rising to two-thirds for Londoners (66 percent). percent) and Newcastle (1.6

Travel 96
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How Colorado’s Pay Transparency Law Is Enticing New Workers

Allwork

compared to Utah as some out-of-state companies enacted their own policy barring Colorado residents from applying for jobs, according to the July analysis. . Plus, previous analysis shows that employees are largely in favor of these types of policies. . However, there was also a 1.5%

Salary 241
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Remote Workers 38% Less Likely To Receive Bonuses

Allwork

According to the analysis of various studies and data points, remote workers were found to be 38% less likely to receive bonuses, while still working 50% more overtime compared to their in-office counterparts. .

Policies 270
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U.S. Experiences Fastest Decrease in Worker Productivity Since WWII

Allwork

The data analysis suggests a modest (0.2%) uptick in employee output from the previous quarter, accompanied by a substantial 3% surge in hours worked. The drop in productivity has implications for the Federal Reserve and monetary policy. It was a 0.9% decrease over the previous year, according to Fortune. The data shows that the U.S.

2023 264
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Is ChatGPT Ethical? A Look into the Moral Gray Area of AI in Media

Success

For example, I was writing a policy and procedure manager for a business client, and I asked what his corrective action policy was. He asked an AI, and it suggested that management conduct a “root cause analysis to determine the underlying factors that contributed to the problem. I ended up just writing the policy myself.

Policies 246
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Types of Life Insurance

Success

They mull over the purpose of life insurance and perform a cost-benefit analysis on the two types of policies, term and whole-life, while offering their two cents on which one to invest in. In this episode of rich & REGULAR , Julien and Kiersten Saunders are delivering the life insurance low-down.

Lifestyle 130
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How To Support Older Workers Reentering The Workforce

Allwork

Simultaneously, analysis from Euromonitor International forecasts that the average income for those 65 and older will be 13% less than the global population. As the number of older individuals continues to climb alongside the cost of living, more are reentering the workforce. .