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Commuting costs continue to put strain on office worker finances

Workplace Insight

UK employees are suffering higher cost-of-living expenses, especially due to transportation costs and tensions may rise as many companies enforce return-to-office policies. According to the poll, most hybrid and remote employees highlighted travel costs as the highest overall expenditure they have when attending the workplace.

Finance 59
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Jonathan Price Financial Expert | What Happened to WeWork?

Allwork

Guest Episode Video Transcript Jonathan Price Financial Expert Jonathan Price is an experienced commentator and authority in the coworking sector, having advised on its financing and valuation for over two decades. Jonathan Price [00:01:31] It’s very kind of you, Jo. What’s happening?

AT&T 193
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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

Success

However, important skills like when and how to manage your finances don’t come naturally to many. According to a 2022 survey by Deloitte, 36% of millennials and 29% of Gen Z cited “cost of living” as their greatest concern. Lesley Tenaglia, a mortgage agent at both Ultimate Mortgage and Finance Solutions Inc.

Finance 279
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Facing ‘Un-Retirement’: The Cost Of Living Is Forcing Retirees Back To Work

Allwork

What the survey found was that 69% of retirees who are un-retiring are doing so in order to combat the rising cost of living. . Putting off retirement plans is mostly due to disrupted savings from increased prices. 83% of respondents who are considering un-retiring are concerned about their finances .

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The Office Space Sector Is Projected To See A Strong Fourth Quarter In 2022

Allwork

Will CRE prices continue to stay strong in the fourth quarter of this year? . Prices have continued to rise exponentially, and demand has remained strong. . Prices have continued to rise exponentially, and demand has remained strong. . So far this year, the market has been extremely lucrative for property owners.

2022 312
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Flexible Offices Dramatically Outperforming Traditional Office Spaces In Dublin

Allwork

This shift, as reported by the Irish Independent, is attributed to the rising costs of fit-outs and financing, leading to a preference over long-term commitments and the conventional 10 to 20-year leases of traditional office spaces. In highly sought-after city center locations, prices can reach up to €900 per month.

2023 130
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Many Employees Literally Cannot Afford To Return To The Office And Employers Are Considering Picking Up The Tab

Allwork

Inflation is at a 41-year high and soaring gas prices are taking a toll across the country, with hourly workers bearing the brunt of these challenges — 81% reported that record gas prices have made it hard to pay other expenses. . The 41-year high inflation and soaring gas prices are taking a toll across the country.

2022 244