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Older Americans are Choosing Work Over Retirement

Allwork

Instead of retiring, an increasing number of American’s are working — either reentering the workforce or pressing onward with their professional careers. Additionally, they are working more hours, with 62% reported to be engaged in full-time work. This demographic shift is impacting the dynamics of the workforce.

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Economic Uncertainty is Driving Baby Boomers Back to the Workforce

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sped-up their retirement plans due to layoffs, health concerns, and changing work attitudes — contributing to what was termed the “Great Retirement.” Rowe Price’s Retirement Saving & Spending Study, 20% of retirees continue to work full- or part-time, and 7% are actively job searching.

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Gen Z Will Rise as a New Powerhouse in 2024

Allwork

The report also lists other trends to look out for in the upcoming year. There’s a trend towards increasing wages, but it’s reported that this will come with the potential erosion of non-cash benefits. The report cites the rising trend towards adopting flexible work policies — particularly in smaller companies.

2024 225
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Science Fiction To Reality: How Anti-aging Drugs Will Upend The Future Of Work

Allwork

He is the latest of many Silicon Valley billionaires to fund the science of anti-aging. Recently, Amazon creator Jeff Bezos was reported to have invested $3 billion in the life-extension company Altos Labs. benchmark of 65 no longer be feasible? These are all questions that are difficult to address.

Medical 246
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2 in 5 Employees Say A Raise Is The Answer To Preventing Burnout

Allwork

When humans are under unrelenting pressure, everyday stresses can morph into a debilitating state called burnout, and avoiding burnout is vital to stay on top of your mental and physical health. . If given a raise, 39% of people would spend their raise on financial betterment such as emergency and retirement savings. .

Salary 306
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Sorting out taxes and reporting for a deceased employee

BMT Office Administration

Are there special reporting requirements? health, dental, vision, retirement) and involuntary deductions, like garnishments. Payouts for accrued vacation and other time off follow company policy on final pay. Reporting rules Tricky withholding rules lead to tricky reporting rules. What pay is taxable?

Payroll 52
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Improved support for menopause could help women stay in work

Workplace Insight

The findings come from a new BSI report entitled Lifting the Second Glass Ceiling, which explores why some women leave the workforce early for reasons other than personal choice. The report makes a series of recommendations, including: Recognise the benefits of lifting the second glass ceiling.