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Older Americans are Choosing Work Over Retirement

Allwork

Instead of retiring, an increasing number of American’s are working — either reentering the workforce or pressing onward with their professional careers. Additionally, they are working more hours, with 62% reported to be engaged in full-time work. In 2023, they accounted for 7% of all wages and salaries in the U.S.,

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U.S. Workforce Clashes with Persistent Ageism

Allwork

of these respondents also reported to have experienced ageism in their workplace. The modern workforce is growing and currently spans multiple generations of employees including Baby boomers, Gen X, Millennials, and now Gen Z. It’s reported that, even when older job seekers were offered a salary, 22.1% What’s more, 23.1%

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Most UK workers now expect to retire at 62 years old

Workplace Insight

A new poll of people aged between 35 and 55 suggests that most workers expect to retire at around 62 years old, four years earlier than the UK state pension age of 66. The report called Providing for tomorrow today: understanding an ageing workforce was commissioned by law firm Osborne Clarke.

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Two thirds of young professionals now have a ‘side hustle’ to make ends meet

Workplace Insight

In fact, 53 percent of young workers have stated that flexible hours and a hybrid working environment is a must when looking for a job – otherwise it will impact their side-hustle. When looking into the pay of young professionals, the report suggests that almost a third of 18–24-year-olds are on a salary band of £16 – £21k.

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2 in 5 Employees Say A Raise Is The Answer To Preventing Burnout

Allwork

With high levels of worker burnout caused by discontent in the workplace, employers might be curious to see whether or not salary has an effect on burnout rates. . With high levels of worker burnout caused by discontent in the workplace, employers might be curious to see whether or not salary has an effect on burnout rates. .

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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

Success

Debt is a normal part of most people’s personal finances—according to the Consumer Credit report released by the Federal Reserve, in February 2022 Americans had $4,481 in debt on average. In today’s society, if you are not actively investing in the stock market, chances are you will not be able to retire. Break free of debt.

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Defining The Future Of Work: Key Terms To Know For 2023

Allwork

A hybrid environment in which businesses can rent furnished office space, coworking space and meeting rooms, usually under short-term flexible agreements. A workplace environment in which people, who are usually from different companies, share office space and work collaboratively. Business Center . Coworking Space . Quiet Firing .

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