Late last week, the U.S. Department of Labor (“DOL”) issued its proposed overtime rule, proposing changes to the federal minimum salary requirements needed to fall within the exemptions to the Fair Labor Standards Act’s (the “FLSA”) minimum wage and overtime pay regulations. READ MORE
Wages Are Up for Low-Income Workers, No Thanks to Donald Trump
Are wages going up more for low-income workers than for the middle class? It’s a little hard to see in the data unless you zoom way in. For example, here are hourly wages for all workers vs. blue-collar workers, who make up roughly the bottom 70 percent: READ MORE
Wage boards can mitigate market failures on inequality
During the past 40 years, the United States has seen a tremendous rise in income inequality. While globalization and technological change likely played a role, labor market institutions have been important contributors to these trends — especially the decline of unions. READ MORE
10 jobs with high employee satisfaction rates that pay $80,000 or more
You can have a job you’re seriously engaged with or a high salary, but probably not both — right? READ MORE
Workers at the lower end of the pay scale finally are getting the most benefit from rising wages
The recent jump in paychecks has come with an unusual characteristic, as workers at the lower end of the pay scale are getting the greater benefit. READ MORE
Gartner Says Workers Expect 15 Percent Compensation Increase When Switching Companies
With more jobs available than there are workers to fill them and low U.S. unemployment rates holding steady, organizations are facing increasing complexity around compensating new hires versus current employees, according to Gartner, Inc. READ MORE
Why performance management has to be holistic and continuous
Companies are definitely rethinking performance management.
They’ve realised that annual appraisal reckoning is helpful for compensation and bonus computations. READ MORE
What's The Worst Thing Minimum Wage Hikes Could Do To The Economy? Take A Look At Venezuela
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