Allwork

AUGUST 11, 2022

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.

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Success

APRIL 8, 2024

That keeping up with the Joneses can lead to expenses surpassing income—and the debt that comes with it. A survey from Debt.com found that millennials carry the highest debt load—13% of that age group have accrued $10,000 to $30,000 in debt. have maxed out their credit cards to cover expenses due to inflation. in 2011 to 27.3

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Allwork

AUGUST 26, 2022

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.

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Workplace Insight

JULY 3, 2023

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.

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Recruit CRM

NOVEMBER 13, 2020

As per the US Department of Labour, the cost of making a bad hiring decision can be as much as 30% of an employee's annual salary. So for instance, if an employee makes $80,000 per year, that's a whopping $24,000 in lost expenses. An existing staff member is already well aware of your company's policies.

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Recruit CRM

NOVEMBER 13, 2020

As per the US Department of Labour, the cost of making a bad hiring decision can be as much as 30% of an employee's annual salary. So for instance, if an employee makes $80,000 per year, that's a whopping $24,000 in lost expenses. An existing staff member is already well aware of your company's policies.

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Agencies International Interviewing Expenses 52

Allwork

MARCH 29, 2023

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? Unfortunately, this just isn’t the case.

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