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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% 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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64% Of Small Businesses Will Not Cut Salaries To Prepare For A Recession

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A new survey shows that businesses are turning to price hikes before slashing employee benefits and salaries as the world braces for a recession. . In order to prepare for an economic downturn, 64% of small businesses and 49% of large companies said they would not cut salaries.

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Why The Fed Is Worried About Growing Wage Expectations

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Additionally, the New York Fed’s Microeconomic SCE Labor Market Survey revealed that the average annual salary expectation grew from $60,310 in July to $61,187 last month — an unsurprising trend given the nature of today’s economic standing and predictions about a future recession. .

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Will Inflation Impact Pay Raises?

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Inflation is the highest it’s been since 1981 , and the prices of everyday items have increased considerably. According to a survey of 5000 U.S. According to a survey of 5000 U.S. Salaries, however, tend not to keep up pace with inflation. What effect does the increase in salaries have on inflation then?

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Digital nomads are starting to price out local communities around the world

Workplace Insight

The same survey also suggests that up to 72 million “armchair nomads”, again, only in the US, are considering becoming nomadic. Through interviews and ethnographic fieldwork, I have found that the rise of professional short-term-let landlords, in particular, is helping to price local people out of their homes. million in 2019 to 11.1

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Wage Raises Are Coming In 2023, But Is It Enough To Keep Up With Inflation?

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A new survey suggests that salaries are expected to grow in the new year, but inflation could water down its impact. . According to the Willis Towers Watson survey, employers plan to grow their salary budgets by 4.6% in 2023, which would be the highest growth seen in 15 years.

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Sun, Savings, and Success: 72% Of U.K. Workers Feeling Drawn To Digital Nomadism

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In fact, nearly a third of the surveyed 2,000 U.K. It’s reported that over half of the survey’s respondents believe that becoming a digital nomad would improve their work-life balance. salary could be a strategic way to navigate the rising cost of living.

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