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You’re Not Alone: 54.7% Of U.S. Salaries Haven’t Kept Up With Inflation

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salaries haven’t kept up with inflation. This isn’t shocking; historically, salaries do not keep up with inflation. . more likely than women to have their salary matched to the CPI. . “ Has your salary or hourly wage kept up with inflation?” A new survey has found that 54.7%

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Companies Are Using This Sneaky Strategy To Avoid Paying Overtime

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Open-ended exemption tests for employees dictate that individuals working for salaries hardly above the national poverty line can be exempt from overtime payments so long as their employer can create responsibilities that sound administrative. It’s estimated that each fake managerial position saves companies almost 14% in overtime expenses.

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7 Tips On How to Get a Promotion From “Show Your Worth” Author and Former IBM Executive Shelmina Babai Abji

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This calls for two steps—inflation to decline, which could happen, or for salaries to increase, match or exceed it. Let’s be real, those expensive groceries aren’t going to buy themselves. At 15, she left to pursue higher education, driven to lift herself and her family up.

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Which Way To Run? Decoding The Wobbly Economics Of The Office Market

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The numbers simply don’t add up, and as the contradictory signals and claims keep being published, the confusion mounts. Managers threaten to withhold promotions and raises for employees who work remotely (too often). This makes the prospect of undertaking new projects super expensive, though some are forging ahead nonetheless.

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4 Ways To Financially Support Your Employees (Other Than Raises)

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Here are some actionable tips that employers can take to help their employees prepare for economic downturns and unexpected expenses. Without simply increasing wages, what course of action can employers take to prepare their employees for economic downturns and unexpected expenses? Unfortunately, this just isn’t the case.

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The 6 Biggest Financial Mistakes to Avoid in Your 30s

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That keeping up with the Joneses can lead to expenses surpassing income—and the debt that comes with it. have maxed out their credit cards to cover expenses due to inflation. It’s about understanding the expenses that bring your family joy and spending money on [items] that are of a higher value to your family,” he observes.

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Furthering Your Education on a Budget

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If all that’s required is giving up a weekend or two to an online conference or seminar, then the effort may be worth it for the payoff. When you’re trying to optimize your learning around a budget, it’s best to determine your goal , and keep it in front of you when you start signing up for classes.

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