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Demand for IT Plummets as Technology Firms Shift Focus to AI

Allwork

As artificial intelligence (AI) continues to be developed at a relentless pace, many tech workers accustomed to high salaries and strong demand for their skills are facing a new reality: adapt by learning AI development skills or brace for tougher job prospects and reduced pay.

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As CEO Salaries Skyrocket More Than 25%, Financial Security Is Wavering For Workers

Allwork

A recent report reveals median employee pay did not keep pace with inflation in 2021. The gap between CEO and employee salaries continues to expand, despite overwhelming backlash from low wage employees. . million salaries while the median worker received $23,968, the report revealed. .

Salary 240
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Apprenticeships Are Making a Comeback—Here’s Why

Success

Department of Labor reports a 6% growth in year-over-year data in 2023, with 641,044 apprenticeship positions at the beginning of 2024. We generally describe an internship as a way for a young person to learn about themselves and acquire basic skills through work,” she says. What is an apprenticeship?

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South Africa Approves Digital Nomad Visa, But Concerns Arise

Allwork

The new visa program, proposed as amendments to the country’s immigration laws in February, is seen as a strong effort for the nation to attract skilled remote workers by offering specialized visas for up to three years — potentially boosting the local economy and adding to the country’s tech scene. South Africa’s Income Tax Act ).

Salary 149
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Rising costs will oblige more companies to offer flexible working

Workplace Insight

Two thirds of UK businesses believe offering flexible working to their employees is crucial if they are to successfully retain and attract talent, according to a new report. Businesses don’t believe they cannot compete on salary alone and are instead offering flexibility to stay competitive.

Salary 98
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Majority of young professionals feel happy about embracing AI in their lives

Workplace Insight

More than half of young professionals feel comfortable or very confident about the increasing integration of artificial intelligence (AI) in various aspects of daily life, while only 15 percent reported feeling unsettled or scared about the prospect, according to new research from CEMS , the Global Alliance in Management Education.

Salary 105
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How Hiring Virtual Assistants Can Boost Employee Performance and Work-Life Balance

Success

Masarweh says it’s a way to better allocate employees’ time, especially when they have special skills, so you aren’t paying high salaries for basic administrative tasks. According to the 2022-2023 Aflac WorkForces Report , 59% of American workers are reporting moderate or higher levels of burnout.

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