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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%

Salary 334
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Which Way To Run? Decoding The Wobbly Economics Of The Office Market

Allwork

Managers threaten to withhold promotions and raises for employees who work remotely (too often). to over 7% more in the last few years, doubling the cost of capital. This makes the prospect of undertaking new projects super expensive, though some are forging ahead nonetheless. The Great Mismatch. That only feeds the confusion.

Salary 299
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The 6 Biggest Financial Mistakes to Avoid in Your 30s

Success

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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Should Your Company Be Labor Hoarding? HR Leaders Share Why They Believe The Answer Is Yes

Allwork

Companies are more concerned with mitigating costs than they are hiring new team members. . Amidst the consequences of the pandemic, companies are more concerned with mitigating costs than they are hiring new team members. . Allwork.Space spoke to three HR leaders to gauge their opinion on the practice of labor hoarding. .

Payroll 279
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Furthering Your Education on a Budget

Success

If you only have a vague notion of how much your salary stands to increase before beginning this work (or haven’t considered it at all), take some time to do so before you formally sign up for anything. Ask yourself these questions: What is your ultimate goal (promotion, raise, more knowledge, all of the above, etc.)? Set your budget.

Budget 299
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Experts Predict 2023 Will Be the Year of ‘Quiet Hiring’—Here’s What to Expect

Success

This can lead to raises and promotions for those overachievers, and less of a cost burden on the company to onboard a new team member. 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. How do employees feel about quiet hiring?

2023 290
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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. This is the second time that Ciphr has run its Cost of li v ing survey.