Allwork
MARCH 25, 2024
It’s reported that the firm wishes to capitalize on TOG’s market position and resilient business structure — with a deal possibly being made by the first quarter of 2025. TOG, a major WeWork competitor, has benefited from post-pandemic trends in the workforce, expanding its presence to over 60 locations in central London.
Allwork
MAY 24, 2024
A coalition of prominent business groups has filed a lawsuit against the Biden administration’s new overtime pay regulation. The rule, set to take effect in 2024, extends mandatory overtime pay to an additional 4 million workers by raising the salary threshold for exemption to $58,600 annually.
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Allwork
OCTOBER 31, 2023
On October 31, WeWork disclosed its decision to suspend the interest payment due on November 1 on senior notes maturing in 2025, despite having sufficient funds to meet the payment. Despite these setbacks, WeWork managed to go public in 2021 but at a significantly diminished valuation. The company now enters a 30-day grace period.
Allwork
MAY 28, 2024
This increase, however, has led to several business groups including the National Federation of Independent Business, the International Franchise Association, and the National Retail Federation to file a lawsuit. The new overtime rule increases the overtime pay threshold to $43,888 on July 1, and to $58,656 on Jan. Department of Labor.
All Things Admin
FEBRUARY 20, 2023
Gone are the days when filing, phone skills, and semi-legible shorthand were key requirements for an admin job. According to the World Economic Forum , the workforce is automating even faster than expected, with 85 million jobs expected to be displaced by 2025. That settles it, right? Not so fast!
Recruit CRM
JANUARY 23, 2022
Research claims that the Recruitment Management System market will hit $1312 million by 2025 with a compound annual growth interest of 4.5% during the 2020 to 2025 forecast period. If you’re working with recruitment or Human Resources, you’re no stranger to a Recruitment Management System or RMS.
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