Finance News – Employers
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Step aside, quiet quitting. Now, employers have to worry about 'quiet cracking'
The phenomenon of employees becoming disengaged without leaving their jobs poses potential risks to productivity and profitability, challenging companies to find new strategies to...
Read Full Article →Why few companies still offer unlimited vacation time — and what perks are replacing it
Many businesses are reconsidering unlimited vacation policies due to cost concerns and operational challenges, opting instead for alternative incentives to attract and retain emplo...
Read Full Article →Rachel Reeves’ Autumn Budget still causing negativity – CBI
A prominent industry group indicates that ongoing challenges for employers reflect continued unease following last year’s substantial tax increase, highlighting persistent concerns...
Read Full Article →CBA replaces dozens of call centre jobs with AI chatbot
The implementation of an AI chatbot by a major Australian company has led to the reduction of 45 positions in its customer support centres, reflecting cost-saving measures through...
Read Full Article →Survey suggests employees 'upset' about return to office, prefer flexible work
The trend of requiring employees to come back to physical offices could impact company costs and productivity, as many workers express a preference for the financial and lifestyle...
Read Full Article →A Trump IRA for kids? It’s worth a bit of money. But here are better options | Gene Marks
The Trump IRA offers a modest tax-advantaged savings opportunity for minors, but there are alternative financial strategies that may provide more substantial long-term benefits for...
Read Full Article →‘Worse than Covid’: hospitality bosses blame Reeves’ budget for UK downturn
The increase in employers’ national insurance contributions has created significant financial pressure on the hospitality sector, leading to reduced hiring and contributing to slow...
Read Full Article →Rise in unemployment shows UK jobs market is cooling, but it is not collapsing
The recent increase in unemployment and slower wage growth indicate a cooling labor market, yet persistent wage resilience and emerging optimism suggest the economy is adjusting ra...
Read Full Article →Pound drops after Bank of England says it could cut interest rates more if jobs market slows
The British currency weakened amid signals from the Bank of England that additional reductions in borrowing costs may be implemented if employment declines, reflecting economic pre...
Read Full Article →AI disrupts UK hiring for tech and entry level roles
The reduction in recruitment for technology and junior positions in the UK suggests potential cost-saving measures and may indicate emerging challenges for workforce investment ami...
Read Full Article →London hiring plunges as Rachel Reeves’ tax grab weighs
London’s job market experienced a notable decline in permanent hires recently, reflecting increased financial pressures on businesses associated with recent tax policy changes.
Read Full Article →UK ministers urged to pass bill protecting DEI whistleblowers
The proposed law could financially impact large employers by requiring transparency on pay disparities related to disability and ethnicity, potentially influencing wage structures...
Read Full Article →Charities ‘penalised’ by Rachel Reeves’ taxes
The increase in employers' national insurance contributions has raised operational costs for many charities, potentially reducing their available resources and affecting staff comp...
Read Full Article →Labour has delivered where Tory ministers did not on NDA rules
The prohibition of NDAs to conceal workplace harassment and abuse may lead to increased legal and compliance costs for businesses, while potentially reducing financial risks associ...
Read Full Article →Labour urged to scrap state pension triple lock
The Institute for Fiscal Studies recommends ending the current pension guarantee worth £145 billion and introducing mandatory employer contributions to private pension plans to add...
Read Full Article →WFH: Office workers in line for quicker promotions and higher pay
Employees who maintain a consistent presence in the workplace tend to receive greater salary increases and accelerated career advancement compared to colleagues who primarily work...
Read Full Article →UK firms dodge Reeves’ tax raid with WFH roles abroad
Some UK businesses are employing remote workers based overseas to reduce expenses and minimize the impact of new tax measures and regulations targeting domestic employers.
Read Full Article →Job market is 'trash' right now, career coach says — here's why
Economic uncertainty has led employers to reduce hiring efforts, resulting in fewer job opportunities and increased challenges for individuals attempting to secure employment in th...
Read Full Article →BA and Pizza Express among companies that failed to pay minimum wage
Over 60,000 employees were reimbursed a total of £7.4 million following government probes into wage violations by more than 500 companies, highlighting significant financial penalt...
Read Full Article →Trump administration axes Biden-era barrier for crypto in 401(k) plans
The recent policy change may influence how retirement plans incorporate digital assets, potentially affecting investment options and risk management practices within 401(k) portfol...
Read Full Article →Cigna announces new deal for copay caps on Eli Lilly and Novo Nordisk weight loss drugs
Cigna’s Evernorth division reached an agreement that aims to reduce out-of-pocket expenses for employers and employees on certain weight management medications from Eli Lilly and N...
Read Full Article →Trump tariffs, ore price cited as Tasmanian smelter announces 'limited operations'
The decision to reduce smelter activity in northern Tasmania reflects economic challenges stemming from restricted raw material availability and increased costs linked to internati...
Read Full Article →British workers will not be undercut in UK-India trade deal, government says
The government asserts that the new trade agreement will maintain fair labor costs, while critics argue it could lead to increased competition from lower-paid Indian workers affect...
Read Full Article →Weight loss drugs can help employers cut health care costs, study says
Employers may experience reduced healthcare expenses over time by investing in costly GLP-1 medications, as a comprehensive study of insurance claims indicates savings become appar...
Read Full Article →Hard-won victory for RBC retirees reflects a bigger problem with private pension plans
The outcome for RBC retirees highlights ongoing concerns regarding the inadequacy of inflation adjustments in private pension plans offered by many large, non-unionized Canadian em...
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