Hidden in the recent controversy over Amazon’s decision to leave New York in the face of community opposition — and Gov. Cuomo’s recent efforts to resurrect the deal — lies a little-known opportunity for New York State to take a progressive, leading stance on an issue facing millions of tech and other workers across America. READ MORE
People Who Want Smaller Government Need To Look At Higher Minimum Wages
Alan Krueger, a labor economist at Princeton who served in the Clinton and Obama administrations, died over the weekend. He first made a name for himself in his work that showed increasing minimum wage doesn't necessarily reduce low-wage employment. READ MORE
Ford paid its CEO a $17.7 million salary despite profits slumping by half in 2018
Ford's CEO Jim Hackett boosted his salary by over a million dollars last year despite the automaker's poor results. READ MORE
Tax Considerations for Restricted Stock Compensation
Restricted stock and restricted stock units (RSUs) are simple in concept. You receive a grant of your company’s shares, subject to a vesting schedule. After the grant vests, you own the stock just like any other shareholder. But it’s important to understand the tax implications before you receive, and potentially sell, these shares. READ MORE
The 10 highest-rated workplaces for compensation and benefits
You may have heard that perks are what win top talent these days, but the vast majority of employed job seekers — 76 percent — say that pay is still a major deciding factor in whether or not they’ll accept a position. READ MORE
Pay yourself first? Last is how small biz often works
Everyone knows the Golden Rule of business is to pay yourself first. But more than half of small business owners are going months without pay - if they are taking any at all. READ MORE
Wage Growth Slows for American Workers
With the holidays over, the demand for labor has fallen as companies shed seasonal workers or make them permanent employees. That has at least somewhat lessened what was an intense competition for employees, which may have contributed to a slowdown in wage growth. READ MORE
I’ll See Your Minimum Wage and Raise You
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