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

Allwork

A recent report reveals median employee pay did not keep pace with inflation in 2021. 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. .

Salary 246
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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.

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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Commuting costs continue to put strain on office worker finances

Workplace Insight

UK employees are suffering higher cost-of-living expenses, especially due to transportation costs and tensions may rise as many companies enforce return-to-office policies. According to the poll, most hybrid and remote employees highlighted travel costs as the highest overall expenditure they have when attending the workplace.

Finance 59
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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. . compared to Utah as some out-of-state companies enacted their own policy barring Colorado residents from applying for jobs, according to the July analysis. . However, there was also a 1.5%

Salary 245
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Rising costs will oblige more companies to offer flexible working

Workplace Insight

Two thirds of UK businesses believe offering flexible working to their employees is crucial if they are to successfully retain and attract talent, according to a new report. Businesses don’t believe they cannot compete on salary alone and are instead offering flexibility to stay competitive.

Salary 98
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Unveiling the Hidden Potentials of Remote Work Productivity

Allwork

Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. Forward-thinking business leaders should seriously contemplate integrating remote work policies into their organizations. By spring 2022, this figure rose to 9%.