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Highest Paid Workers

All articles tagged with #highest paid workers

labor-and-employment1 year ago

"Rise in Quiet Quitting Drives Workweek to Pre-Pandemic Levels"

Despite a booming labor market, the highest-earning, young, and female workers are putting in fewer hours than before the pandemic, with the average workweek hitting a five-year low. This trend is not necessarily negative, as some workers are seeing their incomes rise while working less, possibly due to increased flexibility and higher wages. Economists suggest that companies may be hoarding workers and working them less intensively rather than laying them off, reflecting a shift in attitudes towards work-life balance and a potential normalization of the "work to live" perspective.

labor-and-employment1 year ago

"Rise in Quiet Quitting Pushes Workweek to Pre-Pandemic Levels"

Despite a booming job market, the highest-earning, young, and female workers are putting in fewer hours than before the pandemic, leading to the average workweek dropping to pre-pandemic levels. This trend, observed by ADP, suggests a shift in work patterns, with some workers experiencing higher incomes while working less. Economists speculate that companies may be retaining workers but reducing their hours due to softening demand, a change in talent management, and a growing emphasis on work-life balance. This reflects a broader historical trend of workers seeking higher pay and less work, and raises questions about the potential for Americans to work fewer hours compared to other developed nations.