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

Allwork

Salary negotiation is an essential skill that can lead to better compensation and job satisfaction, but it requires market research, self-assessment, and a strategic approach to discussion. workers who tried to negotiate their starting salaries got what they were asking for. Negotiating works. In fact, 66% of U.S.

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Workers Prioritizing Pay Over Perks in Face of Global Inflation

Allwork

Drawing from a survey of nearly 35,000 workers across 18 countries, ADP Research Institute’s People at Work Report 2024: A Global Workforce View shows many employees are anticipating higher wages due to rising costs of living. More than 55% of the survey’s respondents rank pay among their top three job priorities.

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‘The Big Stay’ – it’s time to invest in employees, not to cut costs 

Workplace Insight

It’s the type of trend that often triggers cost cutting. Freezing salaries, pausing promotions, adjusting bonuses, scaling back on staff perks and reducing training budgets become go-to tactics for managing the costs of static workforces. Declining staff turnover is being dubbed The Big Stay.

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Majority of young professionals feel happy about embracing AI in their lives

Workplace Insight

More than half of young professionals feel comfortable or very confident about the increasing integration of artificial intelligence (AI) in various aspects of daily life, while only 15 percent reported feeling unsettled or scared about the prospect, according to new research from CEMS , the Global Alliance in Management Education.

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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

Allwork

By proactively managing their affairs and possibly engaging with a tax professional for guidance, freelancers and digital nomads can navigate tax season with confidence, securing financial peace of mind. Understanding this difference is fundamental to ensuring that freelancers fulfill their tax obligations correctly and avoid penalties.

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Workplace Stress Is Crushing Young Employees

Allwork

Subsequently, only 43% of Gen-Zers felt “very confident” in their job role, compared to 59% of millennials. Those responsible for determining pay rates should therefore consider how increasing the wages of younger employees could assist them with the demands of higher rental costs and rising food prices.

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Experts Predict 2023 Will Be the Year of ‘Quiet Hiring’—Here’s What to Expect

Success

This can lead to raises and promotions for those overachievers, and less of a cost burden on the company to onboard a new team member. But it depends on how the company goes about it, and if they are compensated for additional tasks or just expected to do more for the same salary. How do employees feel about quiet hiring?

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