article thumbnail

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

Allwork

A new survey has found that 54.7% salaries haven’t kept up with inflation. This isn’t shocking; historically, salaries do not keep up with inflation. . This important national survey indicates that rising inflation levels have resulted in what is effectively a pay cut for the majority of U.S.

Salary 334
article thumbnail

U.K. Employers Slow Down on Hiring Amid Economic Uncertainty

Allwork

The goal is to bring inflation back to its 2% target. The goal is to bring inflation back to its 2% target. Recent surveys indicate that employers anticipate a wage hike of 5% in the upcoming year, according to Reuters. British employers are showing increased apprehension about the U.K.’s in the three months leading up to June.

2020 199
Insiders

Sign Up for our Newsletter

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

article thumbnail

Gen Alpha’s Vision: A Work Life Beyond 9-5 with Tech and Social Impact 

Allwork

are envisioning a future where careers are steeped in technology and driven by social purpose — rather than salary. A recent study published by GoHenry surveyed nearly half a million GoHenry users based in the U.K. Kids and teenagers in the U.K. and over 2,000 young people between the ages of six and 17.

article thumbnail

The Four Horsemen of the Mandated Return to Office

Allwork

A Future Forum survey found that 21% of all White knowledge workers wanted a return to full-time in-office work, but only 3% of all Black knowledge workers wanted the same. A June 2022 McKinsey survey of all workers, remote-capable and not, provides further context on preferences for hybrid work. Resistance .

2022 342
article thumbnail

Want To Stop Employees From Walking Out The Door? Build Them A Career Ladder

Allwork

Von Armansperg told us that in Leapsome’s State of People Enablement survey, more than 50% of the people who responded wanted a workplace that encouraged feedback, goal setting and learning. Work-life balance, salary and benefits are three other major factors that can influence an employee’s desire to stay or leave a company.

2021 264
article thumbnail

The Uncertain Future Of Performance Reviews Could Lead To Layoffs

Allwork

However, about half of workers report annual or semi-annual reviews are their only feedback, with 8% saying they never receive feedback, according to a new Eagle Hill Consulting survey. In fact, 63% of workers say they want more immediate “in the moment” work performance feedback, the research found. How do they benefit managers?

Salary 336
article thumbnail

The Gender Pay Gap Impacts 41% Of Women – Here’s How To Infuse Equity Into The Hiring Process

Allwork

Nearly 2 in 5 employed women are job-hunting, with higher pay as the goal, according to a survey from ResumeBuilder. . Here are some more key highlights from the survey: . It can also mean disclosing all organizational salaries – from C-suite to junior staffers – either internally or to the greater public.

Salary 264