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

Allwork

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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3 Trends That Could Define Your Career in 2021

On The Job

When you're making career plans for 2021, it's a smart idea to imagine where you think future economic growth will be, the industries that will still continue to suffer from the pandemic and whether this might be the right time to start your own business. Business travel is expensive: in 2018, business-travel spending hit $1.4

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Virtual Office 101: Why you Need it in 2021

Small Business CEO

If you are running a start-up company or a small business, you will understand the need to reduce your expenses. One of the best ways of doing it is by cutting office setup expenses through the use of a virtual office. This is particularly of use in 2021. Why is that? We are today in a unique situation.

2021 102
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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. have maxed out their credit cards to cover expenses due to inflation. It’s about understanding the expenses that bring your family joy and spending money on [items] that are of a higher value to your family,” he observes.

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Why Nearly Half Of Hourly Workers Have No Emergency Savings

Allwork

This is higher than the figures shown in Branch’s 2021 survey, which saw 41% of respondents stating they had no emergency savings. . In fact, a report from the Federal Reserve revealed that 32% of Americans would have trouble paying a $400 emergency expense. . However, 40% said they would put a $1,000 bonus towards existing debts.

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High Turnover Means Lower Production – What This Means For The Economy

Allwork

Bagshaw saw a 30% turnover rate last year, new hires were quick to find, but expensive and time-consuming to train. In these scenarios, remaining workers are left to pick up the slack, thus leading to decreased motivation, productivity and eventually, burnout. . For instance, when robotics company W.H.

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Massive Technology Layoffs Are Leaving Landlords On Edge

Allwork

The layoffs indicate a desperate need to cut down on expenses. At the end of 2021, Meta “owned and leased” around 10 million square feet of office space and had around 69 acres of land in the pipelines for future development. .

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