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HR Leaders Share How New Salary Transparency Laws Have Changed Everything

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As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Last year, Colorado enacted the Equal Pay for Equal Work Act — a law that requires employers to include salary ranges on their job postings. .

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Experts Predict 2023 Will Be the Year of ‘Quiet Hiring’—Here’s What to Expect

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1 most anticipated 2023 trend in the future of work, according to IT research and consulting company Gartner. But it depends on how the company goes about it, and if they are compensated for additional tasks or just expected to do more for the same salary. What is quiet hiring? Quiet hiring is the No. Should leaders jump on this trend?

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The 4 Best Retirement Plans for Self-Employed Individuals to Consider

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Under a SIMPLE IRA, the employer must make contributions each year, either a matching contribution of up to 3% of an employee’s compensation or a 2% contribution that is nonelective for each employee. Employers can deduct contributions as a business expense. Employee salary reduction contributions are not tax deductible.

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Salesforce Pays Matthew McConaughey $10 Million Despite Layoffs

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What’s going on: Despite cutting 8,000 workers this year, Salesforce still invested heavily in the star power of Matthew McConaughey — committing to a hefty $10 million annual salary for the actor to serve as its “creative adviser and TV pitchman.”

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SEP IRA: What You Need to Know About This Retirement Plan Option

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Unlike other retirement plan options, there are no filing requirements or expensive fees to maintain a SEP IRA. There are no catch-up contributions for those age 50 and older with a SEP IRA. traditional IRA) contributions to a SEP account up to the maximum limit the IRS allows. How does a Simplified Employee Pension plan work?

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The 6 Biggest Financial Mistakes to Avoid in Your 30s

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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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The Biggest Financial Mistakes to Avoid in Your 20s

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A turbulent housing market: 2023 was the most expensive home-buying year in a decade. He recommends identifying monthly core expenses and then identifying discretionary spending. “If People working in these professions don’t receive regular paychecks but have to contend with monthly expenses.