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U.K.’s Inflation Rate Declines, Remains Second-highest in Western Europe

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If the high inflation rate continues to chip away at the average spending power of workers, whose pay is rising at a slower pace, then there will be an increased pressure on employers to raise wages to keep up with the cost of living. These economic concerns are amplified by factors such as the post-pandemic reduction in the U.K.

2023 255
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European Central Bank Hones in On Wages and Inflation

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The focus on inflation through the narrow lens of wage dynamics impacts workers as it directly relates to purchasing power, standard of living, and overall economic stability. This could result in lower productivity per employee, higher costs, and ultimately higher prices, perpetuating the cycle of inflation.

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Who’s Stuck With The Bill?

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The rise in working remotely comes with several costs, which include internet subscriptions, computers and office equipment, home office furniture, security, insurance, and software. There are various models that companies are using to cover these costs of working remotely. What are the costs associated with working remotely?

Expenses 317
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Update Your Home Office For A Fresh, Focused New Year

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Allwork.Space earns a small commission when you click an affiliate link and make a purchase, at no additional cost to you. Learn more in our website policy here. Even for those with a dedicated office that’s set up perfectly for productivity, a change of scenery is energizing. A Stylish Laptop Stand . An Ergonomic Mouse.

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How You Can Promote Social Responsibility in the Workplace

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For instance, a study conducted by Simon, Kucher & Partners in 2021 found that 85% of people globally have shifted their purchasing decisions toward brands with socially responsible, sustainable models. Let’s look at some simple, high impact and cost effective ways to enhance your social responsibility at work.

Promotion 245
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How to Save Money on Your Car Insurance

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But it’s a good idea to review your policy to ensure you have the best car insurance and check for a better price every six to 12 months, depending on when your policy renews. Understanding the coverage types and dollar limits on your current policy can help you ask informed questions and compare insurance companies one-to-one.

Policies 156
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Tips For Keeping Office Printing Costs Down

Office Dynamics

After all, unless you operate on a purely paperless policy, your employees may need to use one for printing off assigned work, or completed work. That said, all of that printing is not only harmful to the environment, but the cost to print off so often can quickly mount up. Operate a paperless policy. Black and white.

Policies 100