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4 Ways To Financially Support Your Employees (Other Than Raises)

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Here are some actionable tips that employers can take to help their employees prepare for economic downturns and unexpected expenses. Without simply increasing wages, what course of action can employers take to prepare their employees for economic downturns and unexpected expenses?

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

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ResumeBuilder.com conducted a survey in order to find out if the inflation and supply chain issues facing the country over the past several months have prompted even more retirees to consider going back to work. . 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.

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How to Know If You’re Financially Ready to Start a Business

Success

Unfortunately, the odds aren’t necessarily in their favor: A survey of pandemic entrepreneurs found that more than half believe their business will fail within the year without extra aid. Market analysis: What are the current trends in your industry? Be clear on how you’ll set your business apart in your industry.

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Unveiling the Hidden Potentials of Remote Work Productivity

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Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. The National Bureau of Economic Research (NBER) highlighted a significant increase in productivity for remote work-heavy sectors like IT and finance.

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7 Strategies To Attract And Retain Top Talent

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And a survey from Greenhouse, a New York City-based hiring software provider, finds that 57% of 1,500 employees plan to still be actively looking for a new job even if a recession hits. Being transparent with your finances is important for both recruitment and retention. Tip 5: Be Transparent With Your Financial Situation .

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Some Companies Are Asking Employees to Pay for Training to Increase Buy-in. But Does It Work?

Success

Training repayment to guarantee employee buy-in This is the situation a growing number of employees , especially ones in industries with lower pay and high turnover, are finding themselves in. He offers trainings for which employers often reimburse employees, an expectation in the tech industry, he says.

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The Return To Office Trade-Off

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Employees and employers are weighing the costs of commuting against the benefits of in-person work, with many finding that the expenses and time associated with commuting need to be balanced by other compensations. It’s a delicate balance that often depends on the industry. And that’s where the Return on Commute (ROC) comes in.