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What Is The Promotion Paradox? A Critical Issue For Today’s Managers

Allwork

29% of employees quit their jobs within a month after their first promotion. In the time after giving an employee a promotion, many managers probably feel really great. In a surprising 29% of these stories, though, that same promoted employee quits — quickly. That’s a high point as a supervisor.

Promotion 277
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Do Pay Transparency Laws Actually Matter?

Allwork

employers list salary ranges in job postings in response to recently passed pay transparency laws, fewer people are submitting applications without first knowing what they pay. Pay transparency laws aim to promote fairness and reduce pay disparities based on factors like gender, race, and ethnicity. As more U.S.

Salary 306
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New York City’s Pay Transparency Law Goes Into Effect Today

Allwork

Starting today, employers in the city will be required to include “good faith” salary ranges in job postings, promotions and transfer opportunities. . Salaries must be specific and include whether pay is annual or hourly, but the law does not require employers to share other benefits like health insurance or paid-time off. .

Salary 269
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The Dominican Republic is Set to Trial the 4-Day Work Week

Allwork

According to a recent report published by The Guardian , the Caribbean nation is set to trial a four-day work week, a flexible work concept that has slowly gained interest internationally in recent years. The Dominican Republic’s experiment follows in the footsteps of the U.K.’s s 2023 trial and similar initiatives in the U.S.

Salary 147
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Should Your Company Be Labor Hoarding? HR Leaders Share Why They Believe The Answer Is Yes

Allwork

Alec Rahman-Jones, Managing Director of Phaidon International, told Allwork.Space that he believes labor hoarding is beneficial to an organization. . Employees are the most important asset to a company, but business-critical talent is not always readily available to hire. “We

Payroll 279
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Want To Stop Employees From Walking Out The Door? Build Them A Career Ladder

Allwork

Simply enabling employees to apply for internal roles won’t work if they lack the motivation, skills or growth opportunities to do those roles effectively,” Von Armansperg said. Work-life balance, salary and benefits are three other major factors that can influence an employee’s desire to stay or leave a company.

2021 264
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Experts Predict 2023 Will Be the Year of ‘Quiet Hiring’—Here’s What to Expect

Success

This can lead to raises and promotions for those overachievers, and less of a cost burden on the company to onboard a new team member. But it depends on how the company goes about it, and if they are compensated for additional tasks or just expected to do more for the same salary. How do employees feel about quiet hiring?

2023 290