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HR Leaders Share How New Salary Transparency Laws Have Changed Everything

Allwork

As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Last year, Colorado enacted the Equal Pay for Equal Work Act — a law that requires employers to include salary ranges on their job postings. .

Salary 246
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Who’s Stuck With The Bill?

Allwork

Often, the amount paid towards remote work expenses depends on whether the job is full time or freelance, and the seniority of the employee’s position. And then you will probably need some office furniture, which can be expensive, especially if you want to ensure proper ergonomics when it comes to your perfect workstation. .

Expenses 317
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What If Global Talent Markets Become Truly Borderless In The Future Of Work?

Allwork

Organizations should regularly review and improve their recruitment strategies, company culture, and policies (alongside investing in advanced technology) to effectively manage a globally distributed workforce. Cost Efficiency : Companies can benefit financially by hiring talent in regions with lower living expenses.

Legal 191
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Why Offering A Pay Cut For Remote Work Is A Bad Idea

Allwork

For law firm Stephenson Harwood, employees can work from home if they please, but not before giving up 20% of their salary. Those who come in a few days a week can claim travel expenses, however. . Some companies are happily embracing remote work models, but with one small caveat — a pay cut. .

Salary 279
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Unveiling the Hidden Potentials of Remote Work Productivity

Allwork

Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. Forward-thinking business leaders should seriously contemplate integrating remote work policies into their organizations. By spring 2022, this figure rose to 9%.

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The Overlooked Money Moves That Help Entrepreneurs Build Long-Term Wealth

Entrepreneur.com

You should pay yourself a regular salary or draw, regardless of how modest it is. Dont fund personal expenses from your business account. Build a business emergency fund Undoubtedly, unexpected expenses are not just a personal problem; they also affect businesses. Be diligent about tracking all business expenses and deductions.

Finance 141
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What Is My Net Worth?

Success

You may be spending more than you earn and using credit cards to help you cover expenses. A zero net worth is going in the right direction, but you still likely need to reduce your expenses or make more to prepare for the future. Spend some time brainstorming ways to cut expenses and earn more, but also be patient with yourself.