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Redefining Employee Experiences: Why Leading Companies Prioritize EX Design

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Companies that want to win in the current talent wars would be wise to listen to the growing chorus of calls to embrace an employee experience design approach to managing their workers. Replacing valuable employees can cost several times the annual salary when all the lost productivity is factored in. In 2022 alone, around 4.2

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Zoom Terminates Its President

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This came after the company laid off 1,300 workers due to “mistakes” Yuan said he made. How it’ll impact the future: Questions remain as to who will fill Tomb’s shoes as President of Zoom; when pressed for comment, a spokesperson from Zoom stated that the company will not appoint a successor, and declined to elaborate further.

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Twitter Faces Second $500M Lawsuit Over Severance Pay Amidst Allegations of Age Discrimination

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is facing its second lawsuit within a month that claims that the company owes over $500 million in severance pay to former employees, according to Reuters. Despite promises of two months’ salary and other payouts upon layoffs, Woodfield and other ex-employees claim they have not received their due compensation.

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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. Some retirement plans, like a 401(k), may require employees to work for the company for a set period before the employee is entitled to all employer contributions. The SEP IRA has relatively easy setup requirements.

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

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Company employees often have access to a 401(k) or other retirement savings account that lets them make automatic contributions pulled from every paycheck. Employee salary reduction contributions are not tax deductible. A salary cap of $330,000 is used to calculate contributions. Pros: A SIMPLE IRA is easy to set up and use.

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Do I Need to Buy Life Insurance?

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Life insurance is a contract between you and an insurance company to provide a lump sum of money to your heirs after your death. In exchange, you pay the insurance company a monthly or yearly premium. If you die while the policy is in effect, the insurance company will pay the agreed-upon amount, or death benefit, to your heirs.

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Who’s Stuck With The Bill?

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There are various models that companies are using to cover these costs of working remotely. There are various models that companies are using to cover these costs of working remotely. Other times companies will reimburse some costs associated with a home office.

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