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Inflation is Pushing Up Salaries, But Who Pays the Price?

Allwork

One side effect of rising inflation and costs is the need to increase salaries. A range of services industries, including airlines, hospitals and even veterinary services — are having to rapidly raise wages to attract the workers they need. . The post Inflation is Pushing Up Salaries, But Who Pays the Price?

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

Allwork

salaries haven’t kept up with inflation. This isn’t shocking; historically, salaries do not keep up with inflation. . more likely than women to have their salary matched to the CPI. . “ Has your salary or hourly wage kept up with inflation?” A new survey has found that 54.7%

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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.

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Demand for IT Plummets as Technology Firms Shift Focus to AI

Allwork

As artificial intelligence (AI) continues to be developed at a relentless pace, many tech workers accustomed to high salaries and strong demand for their skills are facing a new reality: adapt by learning AI development skills or brace for tougher job prospects and reduced pay.

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Executive Assistant Salary Trends: A Forecast for 2023

C-Suite Assistants

In September 2022 we published a blog on Executive Assistant salaries. In that blog, we tracked some of the changes we’ve seen over the last several years and refer to an increase of 20% in the average salary for an EA to the CEO over the last 5 years. What Does This Mean for the Executive Assistant Salary Range In 2023?

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Can WeWork Survive?

Allwork

WeWork needs to go into Chapter 11, be relieved of most of its debt, and be restructured under a completely new management drawn from the industry. Although the messianic founding couple of the company are long gone, their legacy remains in the form of bloated costs and strange practices, which are draining the cash from the business.

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Is Portugal’s Housing Market the Unintended Victim of a Digital Nomad Boom?

Allwork

The disparity between foreign income and local Portuguese salaries could increase social inequality and lead to labor shortages in key industries as many professionals will not be able to afford living in major cities. If this situation remains unchecked, there may be a push for stricter regulation of digital work and international investment.

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