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Why It’s Time to Retire the Term “Hybrid Work”

Allwork

The word “hybrid” gets used a lot relative to workplace strategy, but it may be time to retire the term. . Likewise, workers who work from both the home and office reported the highest productivity and the highest level of support when compared to employees who work only at home or only in the office, according to Leesman research.

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Declining Workforce Participation Rates Complicate U.S. Labor Market, With 8.5 Million Job Vacancies

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According to a recent report published by the U.S. Chamber reports there are approximately 8.5 It’s reported that the labor force participation rate has declined to 62.7%, a decrease from 63.3% Labor shortages in the U.S. still pose a challenge for employers in 2024. million job vacancies, yet only 6.5 in February 2020.

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U.S. Workforce Clashes with Persistent Ageism

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of these respondents also reported to have experienced ageism in their workplace. The modern workforce is growing and currently spans multiple generations of employees including Baby boomers, Gen X, Millennials, and now Gen Z. It’s reported that, even when older job seekers were offered a salary, 22.1% What’s more, 23.1%

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These Top 10 Celebrity Franchise Owners Are Winning Outside the Limelight, Too

Success

Drew Brees The former NFL quarterback scored a touchdown in retirement with his investment in multiple franchises. With a reported net worth of about $160 million, the retired New Orleans Saints star invested in the fitness-focused Stretch Zone, the healthy-foods-focused Everbowl, Dunkin’, Happy’s Irish Pub and Walk-On’s Sports Bistreaux.

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3 Steps to Take Before Going Into Business for Yourself

Success

A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. Going into business for yourself is like training for a marathon.

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U.K. Moves Toward Flexible Work, Yet Stigmas Remain

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According to the report, the same study found that the percentage of men working part-time has been around 13% since 2010. 41% of people in Time Wise’s survey who work part-time stated that they do so to “manage either care or home related responsibilities.” of women in employment were working part-time.

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Employers Beware: There Are Rising Legal Risks Of Rigid RTO Policies

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A recent survey from Carewell has illuminated this trend, revealing that as many as 25% of workers over the age of 50 are contemplating retirement more seriously in light of RTO mandates. This statistic is particularly striking when compared to the 43% who expressed a reduced likelihood of retiring if given the option to work remotely.

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