Allwork
JULY 31, 2023
a compensation management firm, released its eighth annual Salary Budget Survey (SBS). 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., What’s going on: Payscale Inc.,
Allwork
NOVEMBER 21, 2022
A new survey suggests that salaries are expected to grow in the new year, but inflation could water down its impact. . According to the Willis Towers Watson survey, employers plan to grow their salary budgets by 4.6% in 2023, which would be the highest growth seen in 15 years.
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Workplace Insight
OCTOBER 5, 2023
This comes at a time where economic headwinds, budget cuts and remote work has created a feeling of uncertainty in the UK workforce, heightening the urgency for employers to act fast or compromise employee wellbeing. A new study from Alight reveals that 64 percent of the UK workforce would rate their overall wellbeing as low.
Success
APRIL 8, 2024
A survey from Debt.com found that millennials carry the highest debt load—13% of that age group have accrued $10,000 to $30,000 in debt. They don’t realize how much children are going to change the household budget and make adjustments ahead of time,” she says. However, it’s not just lifestyle creep that’s causing this growing debt.
Workplace Insight
JANUARY 10, 2024
According to the survey of 2,000 employees in the UK from Personio, transparency and employer-employee communication are pivotal to a positive employee experience and trust in the workplace. Over a quarter (28 percent) of employees surveyed say that they are not given a chance to share feedback to leadership on their experiences.
Success
APRIL 1, 2024
If that’s not possible within your budget initially, you can work toward this goal over the course of a few years. Not using your social media savvy A survey from the CFA Institute found that Gen Z increasingly relies on social media for financial advice. He says, at least initially, 20-somethings’ goals shouldn’t be top-tier salaries.
Allwork
JUNE 6, 2022
According to a recent survey from Prodege , 8 out of 10 workers believe companies should substantially increase wages in response to inflation. So, in turn, workers are requesting even higher salaries from these initial increases. . Last year, the average worker’s wages went up by 4.5%. higher than last year. .
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