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Companies Are Using This Sneaky Strategy To Avoid Paying Overtime

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Not only are firms regularly using phony job titles to circumvent overtime payments, this practice is more common in companies where the employees have little to no bargaining power. It’s estimated that each fake managerial position saves companies almost 14% in overtime expenses. NBER’s research produced surprising data.

Salary 257
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You’re Not Alone: 54.7% Of U.S. Salaries Haven’t Kept Up With Inflation

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With nearly twice as many open jobs as available workers, and with companies struggling to meet record demand, many economists and policymakers believe that what the economy needs right now is less hiring and less wage growth. . salaries haven’t kept up with inflation. Why don’t wages keep up with inflation? .

Salary 332
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HR Leaders Share How New Salary Transparency Laws Have Changed Everything

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As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Last year, Colorado enacted the Equal Pay for Equal Work Act — a law that requires employers to include salary ranges on their job postings. .

Salary 246
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Who’s Stuck With The Bill?

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There are various models that companies are using to cover these costs of working remotely. It may be up to the employer to decide on what benefits they offer (subject to local rules and laws). There are various models that companies are using to cover these costs of working remotely.

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Which Way To Run? Decoding The Wobbly Economics Of The Office Market

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Future remote work patterns may lead to reduced office needs, altering financial strategies and potentially impacting company cultures and real estate markets. The numbers simply don’t add up, and as the contradictory signals and claims keep being published, the confusion mounts. Some of the numbers, considered together, don’t add up.

Salary 284
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How Companies Can Support Moms in–and Returning to—the Workplace

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For some parents, having more than one child may be when childcare becomes more costly than their salary or wages can accommodate. Therefore, families of three can expect to pay around $3,000 to $8,400 monthly on daycare or childcare expenses. Are more kids more difficult? Offer 12-week paid maternity leaves (or longer) Though the U.S.

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4 Retirement Plans Small Business Owners Should Consider

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Retirement plans for small businesses Retirement plans for employees of small businesses have some similarities to retirement plans for larger companies. SEP IRA A SEP IRA , or simplified employee pension plan, is an employer-sponsored option for companies with one or more employees.