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Older Americans are Choosing Work Over Retirement

Allwork

Instead of retiring, an increasing number of American’s are working — either reentering the workforce or pressing onward with their professional careers. Additionally, they are working more hours, with 62% reported to be engaged in full-time work. This demographic shift is impacting the dynamics of the workforce.

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Gen Z Will Rise as a New Powerhouse in 2024

Allwork

According to a recent analysis published by Glassdoor , this age shift brings new values and influence to the forefront of work-life preferences — including a heightened focus on community, transparency, and diversity. The report also lists other trends to look out for in the upcoming year.

2024 264
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Worker Confidence Defies Slowing Wage Growth Trends

Allwork

A new report of U.S. 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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LGBTQ+ Workers Experience Lower Levels Of Satisfaction And Pay – Here’s Why

Allwork

A new report from the Employee Benefit Research Institute shows that employees part of the LGBTQ+ community experience larger disparities in the workplace than their straight counterparts. . According to the analysis, LGBTQ+ workers make, on average, 90% of what the average worker makes — and this is just where the discrepancies begin. .

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UK will be only developed country in world with lower employment in 2023 than pre-pandemic

Workplace Insight

A new report claims that the UK is undergoing one of the worst employment recoveries in the world, fuelled by a shrinking workforce and lack of access to effective employment support. The report claims to offer an extensive analysis of the UK labour market.

2023 52
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In Your total revenue will appear on your business’s profit & loss report (more on this in a bit). All your current liabilities. Your total equity.

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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

It provides provisions aimed at improving employee retirement outcomes and makes starting 401(k) plans more attractive and beneficial for employers – even those with 50 or fewer employees. encourages employers to provide retirement plans by offering tax incentives and credits. How does it do that? not signing up for your 401(k) plan).

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