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You’re Not Alone: 54.7% Of U.S. Salaries Haven’t Kept Up With Inflation

Allwork

salaries haven’t kept up with inflation. This isn’t shocking; historically, salaries do not keep up with inflation. . more likely than women to have their salary matched to the CPI. . “ Has your salary or hourly wage kept up with inflation? A new survey has found that 54.7%

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Will Inflation Impact Pay Raises?

Allwork

Salaries, however, tend not to keep up pace with inflation. Companies keep salaries fixed and only make changes with long-term considerations in mind – such as the inability to reduce wages during market failure. . What effect does the increase in salaries have on inflation then? According to a survey of 5000 U.S.

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Rising costs will oblige more companies to offer flexible working

Workplace Insight

Businesses don’t believe they cannot compete on salary alone and are instead offering flexibility to stay competitive. Over half (52 percent) of businesses have increased salaries to attract talented workers, but say wages rises can’t continue at the rate they have been going.

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Counting the costs: What government funding for scientific research will cover?

The Small Business Blog

What Costs Can You Claim Through R&D Tax Credits? Working out what costs you can claim for can, however, be quite complicated, and it’s often worth seeking help from specialist accountants. The key is that the costs must relate to the research specifically. Things you can’t claim for. the cost of land. •

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

Success

Although the SEP IRA is a good, relatively low-cost and low-hassle retirement plan option for business owners, there are some rules to be aware of before you complete the setup process. Employers must make the same contributions, by percentage of salary, to each eligible employee’s account, including themselves. It has low admin costs.

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Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

Papaya Global, Oyster, and Remote are some of the best payroll options to choose from when hiring internationally. Allwork.Space may earn a small commission when you make a purchase through an affiliate link in our stories, at no additional cost to you. This helps support our journalism. Learn more here.

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Two in five people are working extra hours as cost-of-living crisis bites

Workplace Insight

A new poll suggests that the continuing cost-of-living crisis is now affecting a greater proportion of employees, with more people working extra hours, more struggling to buy food or pay their bills, and fewer being able to afford to take sick days, compared to mid-2022.