"Workers turned to gig work because it gave them more control over their lives, but found themselves missing the benefits of traditional work — things like a minimum wage or paid sick leave." Read more: https://lnkd.in/gmSh8hzH Lyft
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We’re thrilled to announce the latest blog in our series — “Back to the #FutureOfWork: Revisiting the Past and Shaping the Future” — featuring insights from David Risher, CEO of Lyft. In this blog, “The Gig Economy's Next Act: Balancing Flexibility and Security for Workers,” Risher highlights the massive impact of the #GigEconomy on modern workers. With more adults in the US participating in gig work than ever before, the need for benefits like paid sick leave and healthcare has never been more urgent. Risher advocates for a solution in the form of portable benefits — allowing workers to access crucial protections without sacrificing the flexibility that gig work provides. States like California are already leading the way, but federal legislation is necessary to ensure these benefits reach gig workers nationwide.
The Gig Economy's Next Act: Balancing Flexibility and Security for Workers
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We had a little excitement last week when the Gig Worker Bill went into effect. There are many different stances on whether it’s good or bad, but regardless of how we feel, we have to figure out how to take our next steps. To generate actionable thoughts, we have to ask: How will this impact our particular company? What will it look like? Most importantly, what adjustments can make it successful? One thing we learned from the pandemic was how to be adaptable. We can’t let that trait take the back seat. Work is evolving, and we’re experiencing the change that comes along with it. Many more changes will occur as the years come and go. Adaptability will be needed to ensure our companies navigate each transition smoothly. It may be confusing at times and push us to the edge of our comfort zones, and that’s okay. If the Gig Work Bill is one of those moments for you or you need a few details explained, we’re here to go over what this means for your business and how to stay compliant. Click here or send us a message! #HR #HRCompliance
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Eager for a pay jump? It's simpler than you think! 💼💷 April's fresh start sparks that crucial salary conversation. The secret weapon for a potential £20k increase? Going fully back to pre-pandemic work norms might just be your ticket. 🎫📈 According to ZipRecruiter's hot-off-the-press 2024 data, a full-time return to the office is strongly linked with significant salary boosts. As remote work options dwindle, companies are now dangling a juicier carrot rather than wielding the stick. Opting to RTO 5 days a week appears not just a nod to tradition but a strategic career move. What's the message? It seems presence can equal pounds. Say 'hello' to your office chair and you might just be greeting a heftier bank balance too. In this reshuffling work world, where do you stand? Back to the buzz of the office or sticking to your home comforts? 🏢 vs. 🏠 #ReturnToOffice #PayRise #CareerGrowth
Why Returning to the Office Could Be the Secret to a 20k Pay Rise
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The statistics from Bloomberg are not only intriguing but also raise concerns for the current job market. Data collected by Reed reveals that vacancies mentioning “flexible hours” or “part time” positions fell by about 40% since 2022 and are now below levels seen during lockdowns. As someone who has personally worked part-time for over a decade, I believe in the undeniable benefits of hybrid and WFH arrangements. In my previous role, I was fortunate enough to have a boss who also worked part-time. Together, we found that we were able to accomplish just as much, in our positions compared to if we were working full-time. Part-time work presents many advantages for smaller businesses. These companies may require the expertise and experience of more seasoned professionals but are unable to bear the expenses of a full-time salary. In such cases, offering part-time, pro-rata salaries can serve as a feasible and practical solution. Some roles, particularly those that are client-facing, may present challenges in terms of flexibility. Nevertheless, I strongly believe that with proper communication and management, a flexible work arrangement can be successfully implemented in any role. I started my own business due to the lack of flexibility in senior HR positions and have personally started labelling my work as "flexible" instead of part-time. I firmly believe that organisations are missing out on valuable opportunities by giving in to the negative media portrayals surrounding flexibility in the workplace. Do you share similar views? For a more comprehensive understanding of this alarming trend, I suggest taking a look at the full report from Bloomberg, which can be found here: https://lnkd.in/e66S64zk #parttime #hybridworking #HR #Flexibleworking #WFH
Bloomberg - Are you a robot?
bloomberg.com
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"Is it true that salary doesn't cover work from home hours?" Source: https://lnkd.in/gp5Xuc2k #salarypay #financialwoes #workingfromhome #employeebenefits #worklifebalance Are you experiencing the frustration of working hard but not being fully compensated for your efforts? It can be disheartening to realize that your salary might not cover all the extra work you put in, especially when unexpected circumstances arise. Let's delve into the common issue faced by many individuals like yourself and explore some practical solutions to address this predicament. The Problem: Unpaid Work From Home Imagine being in the shoes of a dedicated employee like yourself, diligently working from home due to illness or other unavoidable circumstances. Despite providing your best efforts in attending virtual meetings, responding to emails, and making calls to clients, you find yourself missing a week's pay when payday rolls around. How can this be fair when you were actively working during that time? The Solution: Know Your Rights It's essential to educate yourself about your rights as an employee, particularly when it comes to salary pay and remote work. In many cases, emplo...
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An analysis of recent surveys covering 2,500 firms has just come out and it shows a lot of what we think we know about working from home is wrong, starting with the idea that it’s uniformly good for workers — or at least for workers’ pay packets. Some will argue that this discussion is getting old, but there are many who disagree. Enjoy!https://lnkd.in/dhkcypi6 #returntooffice #workfromhome #hybridwork #productivity #employees #employers #payequity #bosses
Work from home if you want, but don't expect a pay raise
financialpost.com
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In the gig economy, businesses have access to a vast pool of talented workers who are willing to take on short-term projects or provide specialised services. This flexibility allows businesses to tap into a diverse range of skills and expertise without the need to hire full-time employees. Read more>>https://hubs.la/Q02LGGxY0 #gigeconomy #businesses #talentedworkers #shorttermproject #flexibility #skills #expertise #fulltime #employees
Opportunities and Challenges for Businesses in the Gig Economy - Accario
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The statistics from Bloomberg are not only intriguing but also raise concerns for the current job market. Data collected by Reed reveals that vacancies mentioning “flexible hours” or “part time” positions fell by about 40% since 2022 and are now below levels seen during lockdowns. As someone who has personally worked part-time for over a decade, I believe in the undeniable benefits of hybrid and WFH arrangements. In my previous role, I was fortunate enough to have a boss who also worked part-time. Together, we found that we were able to accomplish just as much, in our positions compared to if we were working full-time. Part-time work presents many advantages for smaller businesses. These companies may require the expertise and experience of more seasoned professionals but are unable to bear the expenses of a full-time salary. In such cases, offering part-time, pro-rata salaries can serve as a feasible and practical solution. Some roles, particularly those that are client-facing, may present challenges in terms of flexibility. Nevertheless, I strongly believe that with proper communication and management, a flexible work arrangement can be successfully implemented in any role. I started my own business due to the lack of flexibility in senior HR positions and have personally started labelling my work as "flexible" instead of part-time. I firmly believe that organisations are missing out on valuable opportunities by giving in to the negative media portrayals surrounding flexibility in the workplace. Do you share similar views? For a more comprehensive understanding of this alarming trend, I suggest taking a look at the full report from Bloomberg, which can be found here: https://lnkd.in/eY6RrWe6 #parttime #hybridworking #HR #Flexibleworking #WFH
Bloomberg - Are you a robot?
bloomberg.com
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Don't rush me...I get paid by the hour. America's hourly workers are clocking in fewer hours since the pandemic. While there may be numerous reasons behind it, one major factor has to do with the renewed focus on work-life balance. Throw in the surge in productivity, and workers are doing more per hour worked. To understand why this is happening, it pays to see who's actually working less. That can be boiled down to three groups: women, young adults and high earners. Women are the most obvious because of two words: child care. In 2023, the labor force participation rate for women was at a record high of nearly 78%. The reason: remote work. Women with children or with other care giving obligations had much more flexibility to hold jobs when remote work was the norm. Since then as employers scaled back remote work, an increasing number of women shifted to part-time work or left the workforce. When it comes to adults under age 35, the reasons behind it are much more interesting. Given wage increases and fewer financial obligations, many have chosen to work less and still increase their gross pay. In addition, the upward trend of young adults living at home with their parents also provided more financial flexibility to work fewer hours. Then, there are the high earners who certainly have enjoyed the remote work effect. They're more likely to work in jobs that allow for remote work, which also has the inherent benefit of reducing commute hours. Again, higher wages provide some flexibility in terms of working less while still positively boosting gross pay. Of course, there are also other factors in play. The most obvious from the employer side is that companies have cut back on hours to reduce overtime. In the overall picture, however, the nature of work and the labor market itself has changed. When you consider the increasing adoption of artificial intelligence, both to address worker shortages as well as augmenting the actual work done by humans, the labor market is due for even more changes https://lnkd.in/ehvYnfuM #workforce #jobs #wages #economy #productivity #hiring #women #remote
Workers are clocking in fewer hours
axios.com
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Labor Day, is a time to honor the contributions of blue collar workers and the labor movement. Over the years, the way we work has undergone major changes, shaping the landscape of labor from the early days. With the rise of technology and globalization, new forms of work such as freelancing, remote work, and co-working spaces have emerged, transforming the traditional work environment. In the early years, International Labor Day was a time to advocate for workers' rights, fair wages, and better working conditions. It marked a period of intense activism and protests, as workers fought for their rights in the face of harsh working conditions and exploitation. The labor movement played a crucial role in shaping labor laws and regulations that protect workers and ensure their well-being. Fast forward to the present day, and we see a shift in the way people work. The rise of the gig economy has enabled individuals to work as freelancers, taking on projects and assignments on a temporary basis. This flexibility has empowered workers to have more control over their schedules and the type of work they take on. Remote work has also been accelerated by advancements in technology, making it easier for people to collaborate and communicate virtually. As we reflect on International Labor Day, it is important to recognize the progress that has been made in the labor movement and how the nature of work has evolved over time. While challenges still exist, such as ensuring fair wages, job security, and work-life balance, the opportunities for flexible and remote work have opened up new possibilities for workers around the world. By embracing these changes and advocating for the rights of all workers, we can continue to strive towards a more inclusive and equitable work environment for everyone. #HappyLaborDay #may1st #labor
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