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U.S. Workers Demand Higher Wages Amid Inflation and Labor Market Strains

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The same report from the New York Fed also shows a decrease in the average starting wage offered by employers, which fell to $73,668 in March from $79,160 in November 2023, according to Reuters. Simultaneously, the strong demand for labor gives employees additional leverage, which they appear to be using to press for better pay.

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Job Seekers Losing Leverage, Pay, Flexibility As Job Market Flips

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It’s reported that many employers lack formal pay structures and 40% actively discourage salary discussions among employees. However, employees are also encountering major difficulties in negotiating competitive salaries and flexible work conditions.

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3 Awkward Money Conversations in the Workplace and How to Navigate Them

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2: Lack of salary transparency You’re applying for a new role and the application asks you to list your salary requirements. The salary is not listed on the job description, and Google comes back with such a wide range, you’re unsure of what to put down. In my view, salary transparency is a must ,” Holman says. “It

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True Gender Equality Is Still 151 Years Away—Despite Recent Milestones

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Recent notable achievements by and for women As we embark on Women’s History Month 2023, it’s easy to feel inspired by how far women have come , getting us a little bit closer to gender equality. Headlines celebrating the accomplishments of women’s firsts have filled our newsfeeds more than ever before. As of 2022, the U.S.

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Finding a Voice in the Future of Work

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To dig up stories, you relied on a few things: Walking six blocks to check the daily police blotter, talking up strangers to learn about safety issues on campus, or researching national stories and analyzing how they might impact the local community. And you’ll be equipped with the tools to negotiate benefits in this new landscape.

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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. In 2023, the average age to buy a home leapt to 36—the oldest age on record and three years older than in 2021. Allowing lifestyle creep “Spending is so visible because of social media and the internet,” Mahoney says. Mahoney asks.

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7 Classy Ways to Handle Employee Resignations

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Early 2023 has shown few signs of this trend slowing—according to the “ Job Openings and Labor Turnover Summary ” by the Bureau of Labor Statistics, 3.8 million people quit in April 2023 alone. She says the country’s labor market won’t change anytime soon, so employers have to step up to ensure happy employees and satisfied clients.

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