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Flexibility Beyond Arrangements – Why Companies Should Adopt Flexible Compensation Programs

Allwork

Flexibility in location and time is already well-established in today’s modern workforce, but when it comes to compensation and benefits, companies have barely scratched the surface. . The post Flexibility Beyond Arrangements – Why Companies Should Adopt Flexible Compensation Programs appeared first on Allwork.Space.

Payroll 246
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Remote Work Is Tightening White Collar Job Competition

Allwork

Remote work has reshaped much of how the global economy operates, with companies more likely to outsource their labor to cut costs amid the workforce shortage. . companies have started relying more on contractors, with the number of contractor payments jumping 56% from 2019 to early 2022 according to payroll firm Gusto. .

Payroll 264
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The Promotion Paradox: Is This Retention Strategy Backfiring?

Allwork

Promotions, typically seen as milestones that boost an employee’s position within a company, might actually be pushing people out the door, according to payroll-services provider ADP’s new Today at Work survey. The report reveals a staggering 29% of employees quit their jobs within a month after their first promotion.

Promotion 147
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The Four Horsemen of the Mandated Return to Office

Allwork

Companies demanding employees return to the office for 3-5 days per week are dealing with resistance, attrition, quiet quitting and diversity issues. . Evidence shows that underrepresented groups are leaving employers who mandate a return to the office and are fleeing to more flexible companies. . No wonder that large U.S.

2022 342
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APW 2019 - Tuesday

Audacious Admin

For Administrative Professionals Week 2019, I'm digging up some of my favorite Admin related articles. They usually go after CEOs -- typically older white men -- because these senior executives are perceived as being essential to the success of their companies. ​ Indeed, it's a realistic fear.

2019 52
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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

Payroll 52
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

Businesses live and die by the quality of their financial planning and performance, as most new companies fail (21.9% In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). In this scenario, your company’s equity would be $80,000.

Finance 105