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Many Employees Literally Cannot Afford To Return To The Office And Employers Are Considering Picking Up The Tab

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Inflation is at a 41-year high and soaring gas prices are taking a toll across the country, with hourly workers bearing the brunt of these challenges — 81% reported that record gas prices have made it hard to pay other expenses. . In May 2021, commuter expenses accounted for only.23% 23% of all claims.

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Money Remains a Top Stressor for U.S. Adults—Here Are Some Tips to Better Manage Stress (and Finances)

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“I would lie there and catalog the things I had bought over the years that now made absolutely no sense to me: that luxury car lease, that tech gadget, that suit, that watch, that ridiculously expensive bottle of wine.” (And Since 2007 the American Psychological Association has conducted an annual survey called “ Stress in America.”

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Unveiling the Hidden Potentials of Remote Work Productivity

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Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. A new study from the University of Chicago’s Becker Friedman Institute disclosed that employees saved around two hours weekly in 2021 and 2022 through remote work.

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4 Smart Money Moves to Plan for Financial Security

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That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons.

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The Post-Covid Economy Demands a Hybrid Office Concept | Virtual Offices and Remote Workers Drive Innovation and Productivity

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Workers widely support flexible working, with some surveys indicating employees would leave their jobs if they were refused such arrangements. . Evidence has accumulated that shows workers widely support flexible working on a grand scale, with some surveys indicating employees would leave their jobs if they were refused such arrangements. .

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Some Companies Are Asking Employees to Pay for Training to Increase Buy-in. But Does It Work?

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A recent Skynova survey of around 1,000 employees’ and managers’ opinions on the topic of training repayment showed that “over three in four employees agreed being required to pay for their training if they quit within a year of being hired would increase retention.”

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7 Strategies To Attract And Retain Top Talent

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And a survey from Greenhouse, a New York City-based hiring software provider, finds that 57% of 1,500 employees plan to still be actively looking for a new job even if a recession hits. Being transparent with your finances is important for both recruitment and retention. Clearly, remote work seems here to stay. .

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