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Motherhood Penalty vs. Fatherhood Bonus: A Closer Look at the Gender Pay Gap in 2024

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A new study published by Payscale reveals that despite efforts to close the gender pay gap, women still earn only 83 cents for every one dollar earned by men — a figure that is reported to not have improved from the previous year. for every dollar earned by a male parent, which is the same as last year. for Black women, by $0.05

2024 298
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Unveiling the Hidden Potentials of Remote Work Productivity

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The National Bureau of Economic Research (NBER) highlighted a significant increase in productivity for remote work-heavy sectors like IT and finance. between 2010 and 2019 to 3.3% between 2010 and 2019 to a decline of 2.6% These industries experienced productivity growth surges from 1.1% since the pandemic’s inception.

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The Four Horsemen of the Mandated Return to Office

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Additionally, a September 2022 survey from the School of Politics and Economics at King’s College reported that 25% of respondents would quit if forced to return to the office full time. . 23, that all salaried employees would have to return to the office three days a week. Resistance . GM announced in a message on Friday, Sept.

2022 342
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Optimizing the Hybrid Work Landscape for Tasks to Do at Home

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Office presence should be for a compelling purpose that surpasses the notable expenses, in terms of time, finances, and stress associated with commuting. A Zebra survey revealed that 35% of Americans would willingly accept a salary reduction for a shortened commute. Census data. Additionally, commuting incurs significant expenses.

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During a Recession, Entrepreneurs Are in the Driver’s Seat

Success

A 2019 report from the U.S. Small Business Administration Office of Advocacy found that “the median net worth of self-employed families at $380,000 in 2019 was over four times that of families of workers ($90,000).”. They aren’t dependent upon a boss or the economy to determine their annual income— they determine it.

2021 246
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16 Timeless Truths of Financial Freedom

Success

My new career was straight commission—zero salary. According to a 401(k) report from Fidelity Investments, the average contribution of its investors—of which there are now 307,600 millionaires —was 14%. Investing $1,000 in Apple during its IPO in December 1980 would’ve given you over $500,000 in 2019, according to CNBC.