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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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41% of U.S. Managers Want To Replace Employees With AI This Year

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While many AI researchers in 2024 believe that AI technology will help augment human workers — increasing productivity and work-life balance for millions in the workforce — there is also a sizable number of workers globally who still fear massive job losses as a result of automation. The fears might be warranted.

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Unveiling the Hidden Potentials of Remote Work Productivity

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A 2020 Stanford University study revealed that remote workers were 5% more productive than office-bound counterparts. As the COVID-19 pandemic pushed businesses to embrace telecommuting, many were surprised by the resulting boost in productivity. These industries experienced productivity growth surges from 1.1%

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The Intimidation Factor: How Fear Influences Women’s Wage Negotiations

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A survey conducted by ResumeBuilder of full-time workers found that 49% of men negotiated their compensation in the last two years compared to 32% of women. Women can fight for themselves in the salary negotiation process by doing their research and being confident in their experience and abilities.

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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. . We want strong wage increases.

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6 Simple Steps To Help You Write The Best Cover Letters Using AI

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Aside from AI, other popular productivity tools like Grammarly have created cover letter-specific tools that produce an AI generated cover letter based on your resume, and the job title and job description from the position that you are applying to. 18% of U.S. That being said, ChatGPT isn’t the only tool being used by job seekers.

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Embracing Differences: How Generational Diversity Shapes the Future of Work

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The study found that while competitive salaries and regular merit raises are important for job satisfaction among Millennials, Gen Xers, and Baby Boomers, Gen Z values other factors more. 34% of Gen Z surveyed expressed a desire for more in-person interactions despite their preference for flexibility.

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