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How to tackle wage growth and remain competitive in a tough market

Insperity

Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( The Great Resignation is ongoing, after all.).

Salary 265
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How to tackle wage growth and remain competitive in a tough market

Insperity

Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( The Great Resignation is ongoing, after all.).

Salary 218
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Overcoming seasonal impacts on employee motivation

Insperity

When you think about motivating employees, you might naturally gravitate to things like: Generous salaries Good healthcare Paid time off Overtime Holiday breaks. When feasible, a simple staff gathering over budget-friendly food or beverages can be a smart way to spark camaraderie when it sags. These all help attract top candidates.

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Lessons From Past Recessions

Success

Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand. As part of your financial plan, consider the following: Review your finances. What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)?

Finance 114
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The 10 Best Freelance Gigs—And What You Need to Get Started in Each

Success

Among the company’s list of the best gig economy jobs , food delivery drivers, freelance writers and online tutors ranked in the top three, followed by graphic designers, short-term rental hosts and virtual assistants. Income: According to Payscale , a cybersecurity consultant’s average annual salary is $96,000.

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Survey finds that Gen Z is actually the most likely to create a budget

Work Life

Essential spending on items like vehicle insurance, rent, and food has gone up at rates significantly higher than that of wages. A new crop of “finfluencers” promote the importance of salary transparency and investing from a young age. A lot of [financial apps] seek to automate these finance challenges and savings plans,” King says.

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These industries might benefit most from a 4-day workweek

Work Life

The ethos has piqued interest across industries, including tech, healthcare, finance, retail, and even government, as hybrid and remote work are the norm in our economy. The company was more productive, made more money, and retained talent more consistently. The four-day work week is not conditional,” says Swift. It’s a mindset.”