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Underwriting employees’ educational expenses tax-free

BMT Office Administration

This can still be a great way to keep employees happy and up-to-date on skills. You may underwrite all of the employees’ educational expenses tax-free, even if the education leads to a degree, if one of these conditions applies: The education is required by you or the law so employees can keep their present salary, status, or job.

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How to Upskill Yourself to Earn More Money 

Success

Upskilling, or the process of taking your skills to the next level at work, can be a great way to increase your value at your current company and help you negotiate a higher salary when you start looking for your next employment adventure. One of the benefits of upskilling at work is learning new skills during company time.

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

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 People working in these professions don’t receive regular paychecks but have to contend with monthly expenses.

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

Allwork

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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Lessons From Past Recessions

Success

For anyone who lived through the fear and uncertainty of the 2008 financial crisis, hearing ‘recession’ from news anchors and pundits can bring up anxiety and fear. What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? Beef up your emergency fund.

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7 Tips On How to Get a Promotion From “Show Your Worth” Author and Former IBM Executive Shelmina Babai Abji

Success

This calls for two steps—inflation to decline, which could happen, or for salaries to increase, match or exceed it. Let’s be real, those expensive groceries aren’t going to buy themselves. At 15, she left to pursue higher education, driven to lift herself and her family up. Ask how they got their promotion.

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Should You Encourage Your Team to Pursue Side Hustles?

Success

Outside of the financial benefits, side hustles can help workers learn new skills, make extra money or pursue a dream outside working hours. Side hustles give people the chance to earn more money, start their own businesses or learn new skills, potentially leading to a salary increase in the future. Improved Employee Skills.

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