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Expert Advice For Successful Salary Negotiation: Simple Strategies To Get The Pay You Deserve

Allwork

Salary negotiation is an essential skill that can lead to better compensation and job satisfaction, but it requires market research, self-assessment, and a strategic approach to discussion. workers who tried to negotiate their starting salaries got what they were asking for. Before entering salary negotiation, preparation is paramount.

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Steps to take ahead of possible DOL change in exempt salary qualifications

BMT Office Administration

The Department of Labor may soon release proposed regulations raising the salary employees must earn to remain exempt from the Fair Labor Standards Act. The current weekly salary is $684 a week or $35,568 a year. Why: Final regulations issued in 2016 almost doubled the salary threshold and were thrown out by a federal court.

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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

Allwork

The varying tax deductions and credits in different locales that pertain to self-employment can be leveraged to reduce tax liability but require thorough documentation and understanding. Tax Forms for Freelancers The primary tax document for freelancers is the Schedule C form, which reports income or loss from a business.

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Do I Need to Buy Life Insurance?

Success

To calculate how much insurance to buy, some experts recommend multiplying your salary by eight. Others say to multiply your annual salary by the number of years you have before retirement. Store the policy documents securely, along with the rest of your estate plan and financial details, in a fireproof file box or other safe place.

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How to Start a Nonprofit Organization In 5 Simple Steps

Success

Once the basic information is completed, you will receive a PDF with the new EIN—a document that should be stored in a safe place but kept handy because the entity’s EIN will be used on many documents going forward. The general public is entitled to see these documents,” says Snow.

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Flexible working and its benefits are enjoyed most by highest paid workers

Workplace Insight

Low paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 report from advocacy group Flexibility Works. But the full reasons are something we need to explore further.

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People are simply ignoring bans on AI use at work

Workplace Insight

Many share confidential data, including marketing and sales data (24 percent); market research results (22 percent); employee data including salary (15 percent); customer complaints (18 percent); personal client data (13 percent) and detailed CVs of candidates (13 percent).