Remove 2022 Remove Finance Remove Salary Remove Skills
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4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

Employee financial stability dropped almost 10 percentage points in 2022; more than half of the country’s workers are living paycheck to paycheck. According to Betterment’s 2022 Financial Wellness Barometer , 64% of respondents claim that financial wellness isn’t about saving for the future or planning for unsuspected situations.

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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

Success

Although everyone’s personal finance journey is exactly that, there are certain steps we all can take as we pursue financial feminism and literacy. Get familiar with your finances. Knowledge is power, and knowledge of our own finances is especially powerful. It is no secret that the gender wage gap continues to persist in 2022.

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Lessons From Past Recessions

Success

As of August 2022, the economy has already seen two months of negative GDP growth, but the National Bureau of Economic Research (NBER) hasn’t officially declared one yet. Instead of watching what the market does daily, spend some time tending to your finances so you know where you stand. Consider your skills and upskill.

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Cost of living crisis and other employee concerns are top risk concerns of businesses

Workplace Insight

Employee related risks in the top five include lack of skilled talent, employee retention and cost of salaries. Despite the cost of materials continuing to rise over the last 12 months, this risk has dropped back from first place in 2022.

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7 Strategies To Attract And Retain Top Talent

Allwork

Unfortunately, women are still undervalued compared to their skills and abilities. Consider a study of managers in 20 Fortune 500 companies, which found men experiencing quicker career progress and getting better salaries. Being transparent with your finances is important for both recruitment and retention. Don’t believe me?

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

An individual who understands their own unique work and life circumstances will find their key sense of self-awareness to be an essential skill when organizing for tax season. It’s possible to have missed opportunities in areas where you might have been able to restructure your personal finances. The income amount varies each year.

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During a Recession, Entrepreneurs Are in the Driver’s Seat

Success

During another event in April 2022, after the passing of the American Rescue Plan, President Biden expanded on the benefit of small businesses. As your own boss, your income isn’t based on a salary cap or an education requirement; it’s based on your activity level, on how much you’re willing to put into your new business.

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