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Many Employees Literally Cannot Afford To Return To The Office And Employers Are Considering Picking Up The Tab

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Inflation is at a 41-year high and soaring gas prices are taking a toll across the country, with hourly workers bearing the brunt of these challenges — 81% reported that record gas prices have made it hard to pay other expenses. . The 41-year high inflation and soaring gas prices are taking a toll across the country.

2022 246
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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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62% Of Workers Are Experiencing Financial-Related Stress

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A new survey confirms what experts have been warning about: pay is not keeping up with the cost of living. According to a Bank of America-sponsored survey, a whopping 71% of employees say that their wages have not kept up with the pace of inflation in July, up from the 58% who said so in February. . seen in June.

Stress 220
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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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Welcome To The Age Of Polyworking: The Multi-Job Revolution Led By Gen Z

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The consumer price index, a key measure of U.S. In order to keep up with everyday expenses, workers are having to find quick solutions, and having multiple jobs and side hustles seems to be one of the most popular options. Inflation has played a major role in the rising cost of living. Although it fell slightly to 6.5%

2021 232
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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% This important national survey indicates that rising inflation levels have resulted in what is effectively a pay cut for the majority of U.S. 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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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.