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

Allwork

A recent report reveals median employee pay did not keep pace with inflation in 2021. The gap between CEO and employee salaries continues to expand, despite overwhelming backlash from low wage employees. . By 2021, chief executives at companies with the lowest-paid staff made an average of $10.6

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10 Best Tools to Help You Land Your Dream Job [2021]

Success

And if you’ve worked in the same position for years, you might need some brushing up on your office skills and resume building too. From portfolio building tools to resources for your career search, we’ve provided the 10 best apps and tools to land your dream job in 2021. Top Tools to Prepare for Your Career Search.

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Executive Assistant Salary Trends: A Forecast for 2023

C-Suite Assistants

In September 2022 we published a blog on Executive Assistant salaries. In that blog, we tracked some of the changes we’ve seen over the last several years and refer to an increase of 20% in the average salary for an EA to the CEO over the last 5 years. What Does This Mean for the Executive Assistant Salary Range In 2023?

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Will Inflation Impact Pay Raises?

Allwork

Salaries, however, tend not to keep up pace with inflation. Companies keep salaries fixed and only make changes with long-term considerations in mind – such as the inability to reduce wages during market failure. . What effect does the increase in salaries have on inflation then? According to a survey of 5000 U.S.

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Record-High Rent Hikes Show Work Doesn’t Guarantee Affordable Income

Allwork

In 2021, rent grew 10% from pre-pandemic levels, with the median cost of rent in the U.S. This means that workers must make an annual salary of around $40,000 in order to afford rent. . With landlords continuing to hike up rent, it’s no wonder that finding a place to live has become increasingly challenging. .

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The 6 Biggest Financial Mistakes to Avoid in Your 30s

Success

That keeping up with the Joneses can lead to expenses surpassing income—and the debt that comes with it. In 2023, the average age to buy a home leapt to 36—the oldest age on record and three years older than in 2021. Allowing lifestyle creep “Spending is so visible because of social media and the internet,” Mahoney says. Mahoney asks.

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Should You Encourage Your Team to Pursue Side Hustles?

Success

Side hustles give people the chance to earn more money, start their own businesses or learn new skills, potentially leading to a salary increase in the future. This has only made side hustles more attractive in recent years.About 34% of people started a side hustle in 2021. Saved Wages .

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