Supporters of minimum wage hikes should take a close look at Venezuela and Greece, where generous minimum wage hikes sent workers to the welfare lines. READ MORE
Minimum wage affects child development, public health research team shows
A team of researchers within the field of public health have organized a plan to determine the legitimate effects of the federal and state minimum wages on birthweight, child development, and more. READ MORE
Nearly three quarters of economists say $15 minimum wage is bad idea
A Congressional bill to raise the federal minimum wage from $7.25 to $15 is set for a vote in the U.S. House of Representatives. Just shy of three-quarters of economists (74 percent) say it's a bad idea, according to a survey of economists commissioned by Employment Policies Institute (EPI). READ MORE
NCAA athletes could now receive more compensation, but with limits
On Friday, the system that prevents college athletes from being compensated for their labor (beyond the scholarships that some receive) cracked open, just a little bit. READ MORE
Whole Foods cuts workers' hours after Amazon introduces minimum wage
Top 5 cities for Americans earning $50,000
Not a millionaire yet?
You’re not alone. The median household income Opens a New Window. in the country as of September was $61,372, according to the U.S. Census Bureau. READ MORE
Wage Theft Is a Real National Emergency
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