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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. In the tech industry, a notable change is the expected decline in equity compensation.

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Worker Confidence Defies Slowing Wage Growth Trends

Allwork

employers offering key benefits like health insurance and retirement contributions. As these trends develop and are observed in 2024, they will undoubtedly influence how organizations structure their workplaces and employee benefits.

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How To Support Older Workers Reentering The Workforce

Allwork

According to the World Health Organization (WHO), retirement-age and older adults are on track to outpace children under the age of five. . Simultaneously, analysis from Euromonitor International forecasts that the average income for those 65 and older will be 13% less than the global population.

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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

The report claims to offer an extensive analysis of the UK labour market. New analysis shows that it is being driven by: An increase of more than 200 thousand in those out of work for five years or more due to ill health – as people who might have got back to work sooner become more and more disadvantaged.

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Benefit Declines Makes Self-Employment More Attractive

Small Business Labs

It's no surprise that companies continue to cut workplace benefits.  " The article goes on to list 21 workplace benefits that are going away, with reductions in retirement and health care benefits leading the way. We've found that corporate benefits tend to be overvalued in this analysis.  

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Lessons from a Failed Forecast

Small Business Labs

  The qualitative analysis looks OK: " a futurist specializing in workplace issues, says pressure on baby boomers wanting to retire will be so great that they will be pulled back into the labor market.   But the bigger reason boomers are delaying retirement is they want to keep working to stay active and engaged. 

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