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U.S. Labor Cost Growth Slows, Consumer Confidence Dips in Latest Quarter

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“But policymakers want to see a wider margin of slack open up to be confident that the slower inflation in late 2022 becomes the trend.” ” According to the Employment Cost Index, labor costs grew 1% last quarter — the smallest advance since the fourth quarter of 2021 and followed a 1.2% in January from 34.5

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Say Goodbye Comfy Pants – 9 in 10 Companies Planning RTO This Year

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Of the companies that allow employees to work fully-remotely, 73% of them said they will “definitely” or “likely” change their work location policy within 6 months. This isn’t the news that workers want to hear; the majority of people want to continue working from home.

Policies 347
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Adaptable Hybrid Work Approach Crucial for Employee Retention

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When employees work in a manner that suits them, they are more likely to be engaged and motivated, leading to higher productivity, reduced turnover and increased employee loyalty and satisfaction, which lowers recruitment and training costs for new hires. A recent Monster job site survey reveals that 26% of U.S.

Policies 290
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Expert Advice For Successful Salary Negotiation: Simple Strategies To Get The Pay You Deserve

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Salary negotiation can be a delicate process, but by understanding the art of negotiation, preparing properly, and executing your strategy with confidence, you can significantly enhance your income and job satisfaction. Understand Company Context: Learn about the company’s pay philosophy, financial status, and compensation policies.

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CEOs turn to hybrid working to cut costs as suburban office footfall booms

Workplace Insight

CEOs are turning to hybrid working to bring down costs amidst the recession as new office footfall data reveals that footfall in suburban and commuter down offices is booming. Three quarters (74 percent) expect growth in 2024, although two thirds (65 percent) are planning to cautiously cut costs to help deliver it.

2024 59
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Paving the Way for the Future of the Workplace With the Metaverse

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With many companies seeking a balance between giving their employees greater flexibility with work-from-home policies and hosting much-needed collaboration in-person, the metaverse and digital twin environments are richly capable and versatile solutions.

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Why Human Connections Are A Business Advantage In A Remote World

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I’m confident anyone reading this has had experience a friend or employee leave for these very reasons. The McKinsey study summarizes that, “Employees want stronger relationships, a sense of connection and to be seen.” The first layer is the most critical and does not require significant cost or time investment.