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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. As nearly three-quarters (74 percent) of onsite and hybrid workers reported having to travel up to 15.5

Finance 59
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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. The National Bureau of Economic Research (NBER) highlighted a significant increase in productivity for remote work-heavy sectors like IT and finance.

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Optimizing the Hybrid Work Landscape for Tasks to Do at Home

Allwork

Office presence should be for a compelling purpose that surpasses the notable expenses, in terms of time, finances, and stress associated with commuting. A Zebra survey revealed that 35% of Americans would willingly accept a salary reduction for a shortened commute. Additionally, commuting incurs significant expenses.

Expenses 162
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

It’s possible to have missed opportunities in areas where you might have been able to restructure your personal finances. Firstly, it is the simplest and least expensive form of business to set up and maintain. According to a report published by the Pew Research Center , “Roughly three years after the COVID-19 pandemic upended U.S.

Legal 264
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How to Reframe the Way You Think About Money

Success

I studied finance in college and then worked in financial services, and I still didn’t know anything about my own money. Most of us would absolutely love to double our salaries. If your salary doubled, you’d be able to afford the things you want, you’d start saving meaningfully or you’d finally get out of credit card debt.

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3 Essential Financial Reports to Ensure YOUR Profitability

Office Organization Success

Today I’d like to share with you three essential reports you need to run on a regular (read: monthly) basis to ensure that your finances stay healthy. Income Analysis: This is a very simple report that you can set up using a spreadsheet that tracks your monthly income. Check You Have the RIGHT Systems in Place.

Expenses 100
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Half of UK businesses expect 2024 to be easier than 2023

Workplace Insight

Other targets last year included ‘improve efficiencies’ (24 percent), which has become an increased priority in 2024 – with over half of businesses (55 percent) reporting it as a key ambition – and ‘stabilise the company’ (22 percent), which has been replaced by ‘grow talent’ (38 percent) in 2024.

2024 52