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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

Salary 244
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Unveiling the Hidden Potentials of Remote Work Productivity

Allwork

Forward-thinking business leaders should seriously contemplate integrating remote work policies into their organizations. 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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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. Improved Employee Skills. Increased Employee Happiness.

Salary 264
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Lawsuits, Lost Expertise And Bad Morale: The Steep Risks Of Ignoring Older Employees

Allwork

In May of 2021 that number jumped to 78%. . In a Q&A with Allwork.Space, Patti Temple Rocks, author of I’m STILL Not Done: It’s Time to Talk About Ageism in the Workplace, shared how organizations who engage in ageism are putting themselves at risk and missing out on valuable contributions from an experienced talent pool. .

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How Companies Can Support Moms in–and Returning to—the Workplace

Success

For some parents, having more than one child may be when childcare becomes more costly than their salary or wages can accommodate. Care.com reported increased rates of over $1,000 per month per child in 2021 for an after-school sitter, nearly $900 per month for a “family care center” and just over $900 for a “childcare center.”

2021 269
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Why I Negotiated for a 4-Day Workweek Instead of a Raise

Success

Upon reflection, I’d realized that a salary bump would not improve my vitality, but more free time absolutely would. At its heart, the conversation was a re-frame: I was receiving a pay increase—the same salary for reduced hours—I just wouldn’t see the increase in my paycheck. The arrangement was a life-line; I could come up for air.

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The Workforce is on the Move…and so is Compensation

Bonnie Low Kramen

May 26, 2021. Make no mistake – a workplace revolution is happening right now and these types of conversations, decisions, and new policies are being formulated right now. Make no mistake – a workplace revolution is happening right now and these types of conversations, decisions, and new policies are being formulated right now.

Salary 97