Would a 4-day work week work in the US? Experts weigh in

Would a 4-day work week work in the US? Experts weigh in

The prospect of slashing a day of work from the schedule each week without a lower paycheck is a great deal for workers, so it is not surprising that multiple studies show employees love the idea of a 4-day work week – especially in this age of high burnout.

While some experts say the shorter work week might be a great solution for some industries, skeptics say its broad adoption would never work in America.

“There is truth to the idea of working ‘smarter, not harder,’ and research supports that well-rested, motivated employees tend to be more productive and creative,” said […]

Retirees love a guaranteed income: So why do they shun annuities?

Retirees love a guaranteed income: So why do they shun annuities?

Many people have a life-time income in retirement on their bucket list. Yet few do so, a state of affairs that might be changing as the 2022 Retirement Income Covenant requires super funds to pay closer attention to members either approaching or in retirement.

Strategy

“Tis said that persons living on annuities are longer lived than others – God knows why, Unless to plague the grantors – yet so true it is That some, I really think, do never die.” Lord Byron may have over-estimated annuities’ effect on longevity, but as a notoriously profligate spender he would have […]

Kingstone Announces Record Operating Profitability and Growth and Schedules Third Quarter 2024 Conference Call

KINGSTON, NY / ACCESSWIRE / October 29, 2024 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced today certain preliminary financial results for its third quarter and nine months ended September 30, 2024, and announced that it will hold its third quarter 2024 financial results conference call on Wednesday, November 13, 2024, at 8:30 a.m. Eastern Time. The financial results news release is expected to be issued after the market closes on Tuesday, November 12, 2024.

Preliminary Results

(Estimated and Unaudited) Third Quarter 2024 (all metrics are compared […]

Lanark Basic Income Network to host screening of “Living Below the Line”

SUBMITTED

The Lanark Basic Income Network (LBIN) is proud to present a special screening of the powerful filmed production, Living Below the Line, on Friday, November 15 at 7 pm at the Studio Theatre in Perth. This compelling play shines a light on the lives and stories of individuals living in poverty, emphasizing themes of resilience, stigma, and hope.

Originally co-created by Watercourse Theatre and fourteen individuals from the Waterloo region, Living Below the Line premiered to great acclaim in June 2022. The production authentically portrays the complex challenges faced by those living below the poverty line, with actors […]

What do Britons think of universal basic income in 2024?

What do Britons think of universal basic income in 2024?

r/LabourUK – What do Britons think of universal basic income in 2024? poverty seems to be a problem, low income seems to be a problem. The solutions that have been tried dont seem to have fixed these problems. So sure some level of universal basic income seems a good idea.

Mtarfa102

• 10h ago •What on earth are these comments? Valuable_Pudding7496 • 8h ago •Unfortunately these attitudes, and the level of critical stupidity by certain posters in this thread, is not unreflective of the country of the current Labour Party… memphispistachio • 9h ago •As a concept I love […]

Basic income to people who are homeless allows them to prioritize their immediate needs

Basic income to people who are homeless allows them to prioritize their immediate needs

A few hundred dollars a month can bring people who are homeless the basic essentials to improve their quality of life. In Denver, they’re testing that concept. Over 800 participants are receiving unconditional payments from the Denver Basic Income Project.

The project, led by the University of Denver Center for Housing and Homelessness Research, is studying the impact of providing a guaranteed income to individuals and families who are homeless. A woman’s hand accepts a keyring with one silver key from another person’s hand. “It’s so important for the field of public health to keep looking toward structural interventions such […]

Godongwana urged to prioritise economic growth, increase infrastructure funding

Finance Minister Enoch Godongwana has been urged to prioritise economic growth and increase infrastructure funding for cities when he tables the Medium-Term Budget Policy Statement on Wednesday. Picture: Timothy Bernard/Independent Newspapers Finance Minister Enoch Godongwana has been urged to prioritise economic growth and increase infrastructure funding for cities when he tables the Medium-Term Budget Policy Statement on Wednesday.

Godongwana has also been called on to prioritise the provision of the Basic Income Grant.

GOOD Party secretary-general Brett Herron said Godongwana must prove he was prioritising rapid, inclusive and sustainable economic growth.“Although the ‘mini-budget’ is not a policy-setting event we expect to […]

Economic conditions, income needs drive big annuity sales, LIMRA says

Economic conditions, income needs drive big annuity sales, LIMRA says

Annuities continued selling strong in the third quarter. Strong economic conditions and a growing awareness of the power of guaranteed income continued to drive record-setting annuity sales through the third quarter, LIMRA reported.

Total annuity sales increased 29% year over year to $114.6 billion in Q3, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey. This is the 16th consecutive quarter of growth for the U.S. market and just shy of the quarterly record set in the fourth quarter 2023.

“Even with the potential of additional interest rate cuts, LIMRA expects fixed annuity products to outperform prior sales results […]

An Injury to One is An Injury to All. workers of the World Unite. You Have Nothing to Lose But Chains of Exploitation and Slavery

An Injury to One is An Injury to All. workers of the World Unite. You Have Nothing to Lose But Chains of Exploitation and Slavery

The Congress of South African Trade Unions (COSATU) eagerly awaits the outcome of the Special Relief Dispensation (SRD) Grant application brought by the Institute for Economic Justice and PayTheGrants that is now before the court.

COSATU has championed for many years a basic income grant (BIG) as a critical intervention to help alleviate our entrenched levels of poverty, inequality and unemployment. The SRD Grant introduced by government led by the African National Congress (ANC) during the COVID-19 pandemic in 2020, provides a critical foundation for the long sought BIG. Despite all of its challenges, the SRD Grant has been an […]

Cash Payments – Money for Nothing or Solid Health Improvement Innovations?

Cash Payments – Money for Nothing or Solid Health Improvement Innovations?

Health Equity

News Penn LDI Seminar Explores Guaranteed Income and Cash Transfer Developments

October 29, 2024By: Hoag Levins Print: Hosted by Atheendar Venkataramani, MD, PhD, LDI Senior Fellow and Director of the Penn Perelman School’s Opportunity for Health Lab, this one-hour seminar explores the various programs testing new ways to address the financial security and racial wealth gap of America’s marginalized low-income populations. It is the first of three seminars that will bring together top experts to discuss the latest research findings in this field. Can income-support programs like guaranteed income and cash transfers really improve economic security […]