employee compensation and benefits

Hunt for Productivity: Labor Costs Up 10.8% While Output Falls 4.6%
Workforce Management

Hunt for Productivity: Labor Costs Up 10.8% While Output Falls 4.6%

As wages rise, worker productivity is losing steam, and productivity “declines of this magnitude are not sustainable," Bloomberg economists said.
By Vincent Ryan | August 10, 2022
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State Minimum-Wage Votes May Pressure Congress to Act
Human Capital & Careers

State Minimum-Wage Votes May Pressure Congress to Act

Four states passed proposals to increase the minimum wage, adding to the growing support for higher pay floors for U.S. workers.
By Sean Allocca | November 17, 2016
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