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Even if you currently pay more than the proposed minimum wage in your city, increases in the minimum wage in neighboring cities will drive pressure to increase your wages. Long term employees currently earning $15 per hour are likely to demand more or seek alternate employment when less skilled workers around them are earning similar wages. It's a problem that's closer than you think.
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The modern idea of outsourcing begun when simple and repetitive operations were outsourced to foreign workers. Due to its success it led to a variety of jobs being outsourced, including business process outsourcing. For the...
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The global insurance industry has been growing at a slower rate than the economies in which they operate. In the United States and Europe, nominal GDP grew at a CAGR of 4 percent over the...
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The minimum wage has increased in several states in the US over 2022 and 2023. According to CNN, 23 states raised their minimum wage in January 2023, as part of previously scheduled efforts to reach...
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Having a Hard Time Handling Higher Costs? As inflation continues to increase without a clear end in sight, businesses and consumers are reevaluating their financial plans for the upcoming year. It may seem counterintuitive to...
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