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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. . consumer price index (CPI) currently sits at a four-decade high of 9.1% , and according to the survey, men are 33.3% more likely than women to have their salary matched to the CPI. .

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64% Of Small Businesses Will Not Cut Salaries To Prepare For A Recession

Allwork

A new survey shows that businesses are turning to price hikes before slashing employee benefits and salaries as the world braces for a recession. . In order to prepare for an economic downturn, 64% of small businesses and 49% of large companies said they would not cut salaries. Insurance Solutions at Principal. .

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Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

“Papaya is a SaaS platform automating global payroll and global HR processes, connecting corporate clients with a global network of preferred suppliers,” according to its website. Benefits: Can be utilized across 160+ countries Payroll partners, employer of record (EoR), and contractors are consolidated into one place Pricing: $20 per employee (..)

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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

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It now costs more to commute by train than by car in the UK

Workplace Insight

According to the report, on average, it costs Brits £421.42 per month on commuting costs, including the price of a train return ticket and two inner-city buses, on top of the cost of coffee and lunch. Unsurprisingly, London is the city with the most expensive commute, with workers paying £656.40 With rail fares increasing by 4.9

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7 Strategies To Attract And Retain Top Talent

Allwork

That’s not surprising, and aligns with the early November jobs report , which finds that U.S. For example, responding to its sharply-falling share price, Meta is laying off 11,000 workers, 13% of its labor force. For example, responding to its sharply-falling share price, Meta is laying off 11,000 workers, 13% of its labor force.

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Are You Covering All Expense Bases?

Step It Up VA Coaching

As entrepreneurs/business owners, we take great care in setting rates, creating packages and tracking the hours we and our teams put in; but are our rates really paying for our expenses? Any money you spend to run or grow your business must be paid for somehow, and not necessarily out of your own salary.

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