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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. . Within a year during the pandemic, on average CEOs gained “29% raises while their median worker pay fell by 2%,” the Institute for Policy Studies (IPS) found. Things may get worse before they get better.

Salary 250
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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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Rising costs will oblige more companies to offer flexible working

Workplace Insight

Businesses don’t believe they cannot compete on salary alone and are instead offering flexibility to stay competitive. Over half (52 percent) of businesses have increased salaries to attract talented workers, but say wages rises can’t continue at the rate they have been going.

Salary 98
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The Four Horsemen of the Mandated Return to Office

Allwork

A Future Forum survey found that 21% of all White knowledge workers wanted a return to full-time in-office work, but only 3% of all Black knowledge workers wanted the same. A June 2022 McKinsey survey of all workers, remote-capable and not, provides further context on preferences for hybrid work. Resistance .

2022 342
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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%.

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Is a post-COVID remote work policy right for you?

BMT Office Administration

Deciding on the best course policy for your workplace can be tricky. If you’re still debating what your remote work policy should look like, you’re not alone. There are a number of policies to consider. Possible work arrangements. Fully remote work. Others are approving some positions as fully remote. Hybrid work model.

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The significance of women’s health is increasingly acknowledged in the modern workplace

Workplace Insight

Advancing women’s health requires a concerted effort from employers, considering the broader implications on employee retention, mental health costs, and the overarching message an organization sends about its values. A question that often comes up is whether employers need to support women’s health and what role they should play.

Health 97