Payroll
Professionals on the Move – July 5, 2023
Professionals on the Move is a round-up of recent promotions and staffing assignments from around the accounting profession.
Study: Women Are Underrepresented Among Paid Interns
Undergraduate work experiences might set the stage for pay inequality between men and women during their careers.
Number of Small Business Jobs Increased in June
Small businesses with one to nine employees created a net gain of 23,200 jobs in the month of June 2023, according to the Intuit QuickBooks Small Business Index.
Rising Cost of Living is Driving One in Four Employees Globally to Find New Jobs
26% of the global workforce is looking to change jobs in the next year, up from 19% in 2022, according to a PwC survey.
Supreme Court Strikes Down Student Loan Forgiveness Plan
About 26 million borrowers applied for relief. If put into effect, the program is projected to cost more than $400 billion.
401(k) Gender Gap: Women Save Way Less for Retirement Than Men
The average 401(k) account balance for men is 50% greater than that of women, according to a Bank of America report.
U.S. Employers Expect 4% Payroll Increases in 2024
Though down from the actual increase of 4.4% in 2023, the numbers remain higher than the 3.1% salary increase budget in 2021 and years prior.
1 in 5 Boomers Are Putting Retirement Off Because of Recession Concerns
About 70% of baby boomers are worried about a potential recession, with 22% planning on delaying their retirement.