Small Business Labs
MAY 25, 2021
billion in 2017 and just $34.4 Spending on salaries and wages grew from $73.7 Spending on salaries and wages grew from $73.7 the spending on traditional employee salaries and wages from 2010 to 2018. In 2003 contract labor about 20% of total labor costs of sole proprietors. This is up from $64.8 billion in 2010.
Workplace Insight
NOVEMBER 30, 2023
The ability to fit work around your children’s or family life, especially since child and/or caring for sick or elderly relatives is so costly and not easily available, has meant that since February 2023, the labour force participation rate for women between the ages of 25 and 54 has exceeded an all-time high (at least in the USA).
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Success
FEBRUARY 28, 2023
We’ve seen the cost of housing, education and healthcare skyrocket over the past 30 years while wages have been flat,” he says. It’s intimidating to try and replace your day job salary right out of the gate,” he says. This article was published in October 2017 and has been updated.
Success
AUGUST 10, 2021
You launched this side hustle in 2017 but recently left your salaried job to take this business seriously. . Can we cut costs elsewhere? But you also like the lifestyle that your salary pays for: weekly dinner and drinks… lease payments on your Audi… the waterfront condo. Let’s talk to our lawyer.
Success
NOVEMBER 19, 2022
When we shine a light on our fears and realize the actual cost of inaction, we loosen the grip fear has on our psyche. But at what cost? A successful sales executive, Webber found herself increasingly dissatisfied with her work in the tech industry despite its secure salary and lucrative annual bonus.
Success
DECEMBER 21, 2022
I want to evaluate my cost-of-living expenses and see where I can cut back. I just started my own business, and I want to evaluate my income versus my expenses to see where I am currently, with the ultimate goal of hitting the salary I want to make. This article was published in January 2017 and has been updated.
Success
JANUARY 8, 2022
My new career was straight commission—zero salary. Timing the market—trying to anticipate imminent movements up or down—is a losing proposition, as data from Yahoo Finance illustrates: Let’s assume you invested $10,000 in the S&P 500 for 20 years between January 1, 1998, and December 31, 2017. That first year, I made $50,000.
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