Tampa Bay Business Journal’s Post

I recently experienced a situation that many salary holders have shared with me—despite receiving a salary increment, my net take-home salary actually decreased due to moving into a higher #tax_bracket. This is a common frustration among employees. Acutually, #increments do not translate into expected financial benefits due to progressive but frustrated tax system. The reality is that policy makers, being somewhat removed from the everyday experiences of salary earners, may not fully grasp the impact of these tax policies on individuals. Employers should ensure that any salary increase actually results in a higher net pay for employees, not a lower one. Moreover, sharing these experiences and providing feedback to #policymakers can lead to more informed and equitable tax regulations. #Salary #Taxbrackets #HR #budget2025

How to successfully negotiate a raise. Robert Half's Brandi Britton shares new 2024 Salary Guide insights: "The three major trends that we’re seeing are salary is still most important (to workers), second is flexibility. Workers want a say in where, how and when they work. And third, inflation is keeping salary top of mind for everyone, including employers who are impacted as well," adding that workers should ask themselves before negotiating higher pay "how is my company doing financially, second is when is the last time I received a raise." #SalaryGuide #RobertHalf #FOX7Austin https://bit.ly/4fuWU1R

To improve your salary budget spending, think strategically about your approach to talent, current labor market concerns, pay transparency and your organization’s intent https://ow.ly/ETj350Rjw1N #compensation #PayTransparency #WTWPerspective

With the Local Government Pay Award having been announced, are you confident your staff are on the right salary? Why not let our specialist advisers assess your staff salary structure ahead of your final budget considerations. Contact us for more details www.lgrc.uk #consultants #localcouncils #jobevaluation

As professionals, we rely on timely salary payments to meet our financial obligations. Since almost 10 years, there has been a concerning trend of companies paying salaries between the 10th and 15th of the month. This delay causes significant issues, as many of our major expenses, such as school fees, electricity bills, and rent, are due on the 1st. In a time of high inflation and economic uncertainty, these delays lead to additional surcharges and financial stress. It is crucial for employers to understand the impact of these late payments on their employees' financial well-being. Let's advocate for the timely disbursement of salaries on the 1st of every month, as it used to be. This change can prevent unnecessary financial burdens and support a healthier work environment. #FairPayOnTime

Preparing your 2024 compensation budget? Dive into HUB International's latest guide for insights on salary increases, structure adjustments, and more! https://ow.ly/nVgM50Q0FfT #HRBudgeting #CompensationPlanning"

Preparing your 2024 compensation budget? Dive into HUB International's latest guide for insights on salary increases, structure adjustments, and more! https://ow.ly/sihB50Q0IXU #HRBudgeting #CompensationPlanning"

There’s still time to participate in our 2024 Flash Compensation Planning Survey! A majority (58%) of the survey respondents in our recent salary planning survey were undecided about the 2024 salary budgets. Share your salary budget plans to learn more about what organizations like yours are planning for 2024. Participate now: https://lnkd.in/eij8MMFU The survey closes on October 31st. Complimentary results for participants will follow shortly after. #compensation #salarybudget #flashsurvey

Preparing your 2024 compensation budget? Dive into HUB International's latest guide for insights on salary increases, structure adjustments, and more! https://ow.ly/5cl750Q1ziv #HRBudgeting #CompensationPlanning"

Preparing your 2024 compensation budget? Dive into HUB International's latest guide for insights on salary increases, structure adjustments, and more! https://ow.ly/IRza50Q53gO #HRBudgeting #CompensationPlanning"