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As CEO Salaries Skyrocket More Than 25%, Financial Security Is Wavering For Workers

Allwork

The gap between CEO and employee salaries continues to expand, despite overwhelming backlash from low wage employees. . million salaries while the median worker received $23,968, the report revealed. . Mark Schell: Worker pay, in some cases, will increase especially for those skill sets most specialized and scarce.

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

Allwork

It’s also no surprise to anyone that ever since 2020, the numbers have continued to rise, as employees began to realize that their efforts weren’t being rewarded. Simply enabling employees to apply for internal roles won’t work if they lack the motivation, skills or growth opportunities to do those roles effectively,” Von Armansperg said.

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Lessons From Past Recessions

Success

The most recent recession was in 2020 and only lasted a couple of months, whereas the 2008 recession lasted about 18 months. What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? Consider your skills and upskill. What is a recession?

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Quiet Hiring: Admin Professional Trend

Bonnie Low-Krayman

By Bonnie Low-Kramen for Admin Professional Today | November, 2023 The Great Resignation of 2020 led to massive and chaotic hiring in 2021. As burnout, stress, and mental health issues increased to red alert levels due to poor onboarding and inadequate training, Quiet Quitting took hold in 2022. What’s happening now? Quiet Hiring.

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Why we need to consider switching to a 4-day workweek — now 

Ideas.Ted

The results: Increased productivity and creativity; improved recruitment and retention; less burnout for founders and leaders; and more balanced and sustainable lives for workers — all without cutting salaries or sacrificing customer service. As a result, companies didn’t cut salaries when they reduced hours.

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How We Need To Adjust To The Future Of Work – A personal interview with Bonnie Low-Kramen by Karen Mangia for Thrive Global

Bonnie Low Kramen

Base salary is only one way to earn money. Our collective mental health and well-being are now considered collateral as we consider the future of work. What innovative strategies do you see employers offering to help improve and optimize their employee’s mental health and wellbeing? Professional Development?—?Training

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The Learning Tree: Books, Blogs and Podcasts that Changed Me

The Marq

Business / Management Building a Story Brand , by Donald Miller Endure: Mind, Body, and the Curiously Elastic Limits of Human Performance , by Alex Hutchinson Negotiating Your Salary: How to Make $1000 a Minute , by Jack Chapman Never Split the Difference , by Chris Voss Principles: Life and Work , by Ray Dalio Rising to Power: The Journey of Exceptional (..)