As President Trump scrambles to convince us that not having a wall is suddenly a “national emergency,” progressive lawmakers and advocates have pointed out that the most dire emergencies facing the U.S. are the imaginary and real crises manufactured by Trump himself. READ MORE
Ivanka Trump: Most Americans Want Upward Mobility, Not Guaranteed Minimum Wage
Ivanka Trump said most Americans don’t want a guaranteed minimum wage, taking a shot at the Green New Deal’s provisions for a “family-sustaining wage.” READ MORE
Achieving both wage growth and profits is possible
Companies again are complaining about rising wages and the potential impact on corporate profits, but history has shown that higher pay doesn't squeeze S&P 500 companies' profit margins. READ MORE
Tesla slashes retail employee compensation, seemingly pushing them out instead of layoffs
Tesla is cutting employee bonuses – resulting in a significant decrease in overall compensation for many retail employees.
Some Tesla employees are suspicious of the move ahead of seemingly imminent layoffs. READ MORE
This map shows how much money you need to earn to get by in every US state
Depending on where you live in the United States, the amount you need to make to get by can vary by a lot. While a family of three can manage on just over $48,000 a year in Mississippi, for example, it takes at least $60,000 a year to make ends meet in New Jersey, and even more in California. READ MORE
An Executive Compensation Primer For The HR Professional
An HR professional wears many hats relative to executive and key employee compensation. This article addresses three primary responsibilities of the HR professional: (1) understanding the core elements of a typical key employee compensation package; (2) understanding the primary duties and roles of the HR professional with respect to the design and administration of incentive packages; and (3) being aware of hot topics impacting the provision of executive compensation. READ MORE
Tax Time: 5 Tax Return Mistakes To Avoid With Restricted Stock Compensation
Tax returns get complex when you have various types of compensation income, such as from stock options, restricted stock, or an employee stock purchase plan (ESPP). For example, special reporting issues arise with restricted stock and restricted stock units (RSUs) that flummox even experienced accountants and financial advisors. READ MORE
Google Moves to Address Wage Equity, and Finds It’s Underpaying Many Men
When Google conducted a study recently to determine whether the company was underpaying women and members of minority groups, it found that more men than women were receiving less money for doing similar work. READ MORE
Employers, employees need to consider total compensation
Who does not wish they could earn more? And at the same time, what employer does not want more commitment from their employees? What is the true win-win whereby both parties can be satisfied? READ MORE
Top CEO compensation dwarfs Bryce Harper's $330 million contract
Baseball star Bryce Harper scored a historic 13-year, $330 million contract with the Phillies on Thursday, a deal The Washington Post called "the largest contract in the history of major North American sports." But while the deal may shatter records for major league athletes, there are two dozen heavy hitters who've received more compensation over a similar or even shorter period: CEOs. READ MORE
The median gender pay gap: It’s time to tell the whole story
There are gender pay gaps … and then there are median gender pay gaps. Understanding the difference between the two may determine just how much progress women make in terms of fairer compensation in the next decade. READ MORE
Worker wage gains are keeping up with inflation, and then some
Worker paychecks are showing their biggest gains since the recovery began a decade ago, and are more than keeping up with inflation.
Labor Department numbers released Wednesday show that real average hourly earnings, which compare the nominal rise in wages with the cost of living, rose 1.7 percent in January on a year-over-year basis. READ MORE
Why Talking Openly About Your Salary Might Get You The Pay Rise You Deserve
Women should employ their business networks to share information on their salaries as a way to strengthen their hand in negotiations with their employers.
And to narrow the gender pay gap. READ MORE
Mastering The New World Of Managing Performance
We have now been through a decade of experiments, dialogue and eventually debate in exploring the right way to measure individual performance in organizations. The big shifts primarily started about five years back when some pioneers of the performance management (PM) revolution said goodbye to what came to be called the “traditional” way to manage performance. In most instances, the inefficiencies of the traditional approach were blamed on the rating system. As the conversations and experiments continued to evolve, there has been an emerging realization that PM is about more than eliminating or redoing the rating structure. READ MORE
How tech CEO compensation in the US differs by region
Location matters as it relates to tech and venture capital across the US.
According to the latest PitchBook-NVCA Venture Monitor, a decade-high 62% of all venture dollars last year went to companies on the West Coast. The total dropped to 15% for the Mid-Atlantic region and 10% for New England. READ MORE
Deferred Compensation Plans and FICA Taxes: A Valentine’s Day Match or Disaster?
While February is usually the month for valentines and candy conversation hearts, I hope you will use this month to give a little love and attention to one of the often overlooked “other” taxes applied to payments from nonqualified deferred compensation plans (NQDC Plans)—FICA taxes! Companies commonly fail to implement the unique FICA tax rules applied to NGDC Plans and these special rules can create confusion for participating executives. This can result in the company’s potential exposure to IRS penalties, higher tax liabilities for the company and the employees, and unhappy employees. Confirming proper FICA tax treatment for your NQDC Plans is time well spent. READ MORE
Big businesses promised wage hikes from Trump's tax cuts. What actually happened?
Toward the end of last summer, managers at global giant Emerson Electric Co. called an employee meeting at its air conditioning and refrigeration factory in this county seat of 21,000 people west of Dayton. They had big news: Each employee would get a $1,000 "special contribution" to a 401(k) retirement account. READ MORE
This map shows where an increased minimum wage would boost incomes the most
Across the country, grassroots campaigns, most prominently Fight for 15, have pushed governments to increase the minimum wage, and companies to take the initiative to raise them even if they aren’t required to. States like New York and California have set a $15 minimum wage, as have cities like Seattle. In the last year, Amazon announced $15-per-hour as its wage floor. But despite this momentum, the federal minimum wage has not increased since 2009, when it was set at $7.25 per hour. After so many years of stagnation, inflation has eroded the value of this hourly pay to just $6.19. Over the past decade, too, the cost of living in the U.S. has continued to rise, leaving families dependent on the minimum wage struggling. READ MORE
The case for a higher minimum wage
The one thing that could change the low-pay, low-inflation dynamic, AFL-CIO's chief economist Bill Spriggs argues, is government intervention. READ MORE
Here's how much wealthy Americans pay in taxes
Out of all of the hundreds of millions of taxpayers Opens a New Window. who file annually every year, new data shows the country’s wealthiest residents bear a sizable tax burden Opens a New Window. when compared with lower-earning payers. READ MORE