article thumbnail

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. . 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%

Salary 332
article thumbnail

Remote Work Wage Gap: In-Office Jobs Pay $22,000 More, Study Finds

Allwork

A new study has found that workers who opt for fully in-office roles are being rewarded with significantly higher salaries compared to their hybrid and remote counterparts. According to a report published by the BBC , ZipRecruiter data shows that the average salary for in-person positions in the U.S.

Salary 275
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inflation is Pushing Up Salaries, But Who Pays the Price?

Allwork

One side effect of rising inflation and costs is the need to increase salaries. Inflation has pushed up the price of everyday goods and services, from grocery bills and rents to utility costs and vacations, among other expenses. The post Inflation is Pushing Up Salaries, But Who Pays the Price? Core inflation climbed 0.6%

Salary 246
article thumbnail

HR Leaders Share How New Salary Transparency Laws Have Changed Everything

Allwork

As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Last year, Colorado enacted the Equal Pay for Equal Work Act — a law that requires employers to include salary ranges on their job postings. .

Salary 246
article thumbnail

5 Potential Business Expenses

Small Business CEO

However, while you might have thought about expenses such as employee salaries and what it will cost to rent a brick-and-mortar location, you might have forgotten about certain other potential expenditures. We’ve compiled a possible expense list for you to peruse.

Expenses 105
article thumbnail

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.

Salary 100
article thumbnail

Underwriting employees’ educational expenses tax-free

BMT Office Administration

You may underwrite all of the employees’ educational expenses tax-free, even if the education leads to a degree, if one of these conditions applies: The education is required by you or the law so employees can keep their present salary, status, or job. Sounds like tax-free education is expensive, doesn’t it? Private foundations.