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Germany Will Trial Four-Day Workweek at 45 Companies

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The trial encompasses 45 companies and is organized by 4 Day Week Global — a New Zealand-based non-profit, known for organizing similar trials. It’s reported that the decision comes amid economic challenges in Germany including skilled worker shortages and high inflation. Canada, U.K., and Portugal.

Finance 225
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Davis Polk & Wardell are Among Growing List of Law Firms Asking Employees to Return to The Office

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What’s going on: Several law firms in New York are implementing more stringent return to office policies (RTO), according to Reuters. Davis Polk & Wardwell, which employees 1,000 lawyers, is requiring its lawyers to be present in the office at least four days a week. Other New York-based firms are adopting similar policies.

Policies 182
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Unveiling the Hidden Potentials of Remote Work Productivity

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Forward-thinking business leaders should seriously contemplate integrating remote work policies into their organizations. The National Bureau of Economic Research (NBER) highlighted a significant increase in productivity for remote work-heavy sectors like IT and finance. between 2010 and 2019 to 3.3%

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The 2023 Motherhood Penalty: The Sorry State Of Affairs For Working Women Continues

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According to recent reports , it has been suggested that the motherhood penalty is responsible for 80% of the gender pay gap. Redesigning policies around parental leave could address gender imbalances in the workplace and positively influence societal attitudes towards unpaid childcare. earned $0.77 What keeps this disparity in check?

2023 255
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Why Your Boss Isn’t Coming To The Office

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A recent McKinsey report unveiled that 48% of higher-ranking employees currently engage in remote work for at least one day per week, while only 33% of those in entry-level positions do the same. Leaders need to be open to new ways of working and actively seek feedback from all levels of the organization.

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3 Awkward Money Conversations in the Workplace and How to Navigate Them

Success

Cynthia Holman is an IT finance professional based out of St. Possible solutions “I think it’s important for someone organizing a collection to clearly state that giving is optional,” Holman says. One option is to consider developing a policy that dictates when you’ll contribute, and sharing the terms of that policy when asked.

Salary 246
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Unmasking the Corporate Return-to-Work Fallacy: A Genuine Approach to Junior Staff Development

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In response to this belief, Salesforce overhauled its previously flexible policy. ” However, come spring 2023, Salesforce stipulated that their sales and marketing personnel should report to the office four days a week. .” A similar shift in policy is being observed in leading tech, finance, and other sectors.

Mentoring 264