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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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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. Employers often provide life insurance policies; however, these may not be sufficient for an individual’s needs.

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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.

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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.”

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Summing up where the office now stands in the scheme of things

Workplace Insight

And that shows up in the way they work and their daily routines. percent of the population worked remotely in 2021. These include high income men in their 30s and 40s who not coincidentally are also those most likely to work for profitable companies who are inevitably those most likely to be introducing remote work policies.

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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. The arrangement was a life-line; I could come up for air. 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.

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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. These regs will scoop up smaller employers into the e-filing net. Issues regarding reproductive healthcare services will ramp up again as state legislatures reconvene this month.

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