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Employee financial wellness: Why it matters in the workplace

Insperity

59% of employees feel their salary has not maintained pace with the rising cost of living. Even among employees earning at least $100,000 per year, 47% are stressed about their finances and 15% run out of money between paychecks. But increased salaries may not always be feasible.

Finance 272
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How To Finance Higher Education On A Budget

Success

Financing higher education to advance career goals can be daunting. Saving for grad school on a teacher’s salary in an expensive city is challenging, especially without familial help. Be realistic about your ability to repay loans, especially if you will have a lower starting salary.

Finance 105
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Pay compression: What it is and how to fight it

Insperity

Let’s take a closer look at salary compression as well as how to spot, resolve and prevent it from reoccurring in your company. What is salary, wage or pay compression? Asking for a job seeker’s salary history won’t help much, either, especially if a prospective hire knows they can find a higher paying job elsewhere.

Salary 194
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Salary transparency laws are most effective if they require this one thing, according to new research

Work Life

Over the last few years, states that were early adopters of pay transparency laws have served as a testing ground for advocates of the policy change, who argued that disclosing salary information would help mitigate pay inequities on the basis of race and gender. But not all salary transparency laws are made equal.

Salary 111
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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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What Caitlin Clark’s Starting Salary Says About the State of the Gender Wage Gap

Success

But when it came time to receive her first salary as a professional basketball player, many fans—and women across the country in general—were shocked by the amount: $76,535. Glamour wrote, “The math is not mathing” and quoted a Twitter post that said Clark would qualify for low-income housing in San Francisco on that salary.

Salary 98
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We show prospective hires everyone’s salary. Here’s why

Work Life

Discussing one’s pay has traditionally been taboo, and an employer sharing salary information can feel compromising on a number of levels. Following a lengthy and rigorous interview process, we show our desired hire the full company finances, including everyone’s salary at the firm. It’s understandable.

Salary 75