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You’re Not Alone: 54.7% Of U.S. Salaries Haven’t Kept Up With Inflation

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A new survey has found that 54.7% salaries haven’t kept up with inflation. This isn’t shocking; historically, salaries do not keep up with inflation. . This important national survey indicates that rising inflation levels have resulted in what is effectively a pay cut for the majority of U.S.

Salary 334
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64% Of Small Businesses Will Not Cut Salaries To Prepare For A Recession

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A new survey shows that businesses are turning to price hikes before slashing employee benefits and salaries as the world braces for a recession. . In order to prepare for an economic downturn, 64% of small businesses and 49% of large companies said they would not cut salaries.

Salary 100
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The Biggest Financial Mistakes to Avoid in Your 20s

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Soaring food prices: grocery prices have increased by 25% over the past four years. A turbulent housing market: 2023 was the most expensive home-buying year in a decade. He recommends identifying monthly core expenses and then identifying discretionary spending. “If Contract workers have a scarcity mindset,” he says.

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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. This can also help staff avoid the high ticket prices at peak times and sitting in rush hour traffic.

Finance 59
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The Biggest Financial Mistakes to Avoid in Your 20s

Success

Soaring food prices: grocery prices have increased by 25% over the past four years. A turbulent housing market: 2023 was the most expensive home-buying year in a decade. He recommends identifying monthly core expenses and then identifying discretionary spending. “If Contract workers have a scarcity mindset,” he says.

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Authentically Gen Z: The Values, Aspirations & Drivers That Will Re-Define The Future Of Work

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Let’s dive into the five key aspirations and drivers we’ve uncovered from this generation: Amenities, Benefits & Salary: A Shifting Mindset. Amenities, Benefits & Salary: A Shifting Mindset. Pair that with rising expenses, increasing gas prices, time lost to commuting, etc. Technology & Flexibility Reign.

Salary 226
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Two in five people are working extra hours as cost-of-living crisis bites

Workplace Insight

HR software provider Ciphr surveyed 1,000 employees across the UK about their experiences of rising living costs in 2023, and any actions they’ve taken, or have considered taking, because of financial pressures. Worryingly, over two-fifths (43 percent) of those surveyed have struggled to buy food or pay their bills.