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As CEO Salaries Skyrocket More Than 25%, Financial Security Is Wavering For Workers

Allwork

The gap between CEO and employee salaries continues to expand, despite overwhelming backlash from low wage employees. . million salaries while the median worker received $23,968, the report revealed. . But the current economic climate — high inflation, high worker turnover, cost-of-living crisis, etc.

Salary 243
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Do Pay Transparency Laws Actually Matter?

Allwork

employers list salary ranges in job postings in response to recently passed pay transparency laws, fewer people are submitting applications without first knowing what they pay. Pay transparency laws aim to promote fairness and reduce pay disparities based on factors like gender, race, and ethnicity. As more U.S.

Salary 306
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How Colorado’s Pay Transparency Law Is Enticing New Workers

Allwork

Last year, Colorado enacted the Equal Pay for Equal Work Act, a law that requires employers to share salary ranges on job postings. . Utah was picked as a control for sharing similar demographics and economic environment to Colorado. . During the first year of the transparency law, daily job postings on Indeed dipped by 8.2%

Salary 243
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Who’s Stuck With The Bill?

Allwork

The rise in working remotely comes with several costs, which include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software. There are various models that companies are using to cover these costs of working remotely. What are the costs associated with working remotely?

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Redefining Employee Experiences: Why Leading Companies Prioritize EX Design

Allwork

One obvious reason is that customers represent potential future revenue, while employees represent costs. To avoid a further crisis of trust, forward-looking companies are looking soberly at the costs (financial and reputational) of maintaining EVPs that are out of touch with the post-pandemic social contract.

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Cost of living crisis and other employee concerns are top risk concerns of businesses

Workplace Insight

The managers and owners of firms across the UK now believe that the cost of living crisis is the top risk to their business, closely followed by a range of employee related issues, according to a new poll. Employee related risks in the top five include lack of skilled talent, employee retention and cost of salaries.

2022 52
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What Is Cryptocurrency’s Role In The Future Of Work?

Allwork

The legal status of cryptocurrency is somewhat ambiguous, and regulations on it are quite likely given its high environmental costs and its potential for facilitating fraud and illegal marketplaces. . At this point, it is possible – no matter what your profession is – to have your entire salary converted into cryptocurrency. .

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