Minimum wage

State Laws Cloud the Use of Independent Contractors
Tax

State Laws Cloud the Use of Independent Contractors

With California likely to become the third state to restrict the definition of independent contractors, companies that use gig workers face new risks.
By David McCann | September 4, 2019
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CBO Gives Mixed Verdict on $15 Minimum Wage
The Economy

CBO Gives Mixed Verdict on $15 Minimum Wage

A hike in the minimum wage to $15 per hour would boost the income of 17 million workers but could also lead to the loss of 1.3 million jobs, the CBO says.
By Matthew Heller | July 9, 2019
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Humana Puts Tax Savings Into Worker Benefits
Human Capital & Careers

Humana Puts Tax Savings Into Worker Benefits

The insurer is raising its minimum wage, joining other companies that have announced some form of bonus or wage hike resulting from the new tax law.
By Matthew Heller | January 17, 2018
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GOP Tax Bill Spurs Corporate Bonus-Giving
Tax

GOP Tax Bill Spurs Corporate Bonus-Giving

Fifth Third Bancorp says about 75% of its employees will receive a pay increase or bonus in the wake of the corporate tax cut.
By Matthew Heller | December 21, 2017
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Raising the Minimum Wage Makes Economic Sense
Human Capital & Careers

Raising the Minimum Wage Makes Economic Sense

When minimum wage is too low, it not only mires workers in poverty, it undermines the consumer demand at the heart of our economy.
By Holly Sklar | February 17, 2017
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Square-Off: Is Raising the Minimum Wage a Good Idea?
Labor Management

Square-Off: Is Raising the Minimum Wage a Good Idea?

It may be a good idea, but for whom? Experts weigh in on the impacts a minimum wage increase could have on employment and the economy.
By Sean Allocca | February 16, 2017
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Government Should Bear the Minimum-Wage-Hike Burden
Labor Management

Government Should Bear the Minimum-Wage-Hike Burden

A wage subsidy could put additional money from taxpayers into each low-wage paycheck, while encouraging employers to create jobs not eliminate them.
By Oren Cass | February 16, 2017
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The True Cost of a ‘Living Wage’
Labor Management

The True Cost of a ‘Living Wage’

Whether a minimum wage hike will destroy jobs as opponents claim, or help to combat poverty as supporters argue, is a question of perspective.
By Joel Naroff | February 16, 2017
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Wage Hikes: Proceed with Caution
Labor Management

Wage Hikes: Proceed with Caution

While boosting wages for workers is critical, helping workers retain their jobs and stay on the income ladder makes more sense for the economy.
By Aparna Mathur | February 16, 2017
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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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Starbucks to Raise Pay at Least 5% in U.S.
Human Resources

Starbucks to Raise Pay at Least 5% in U.S.

Annual stock awards to hourly employees with at least two years' service will double, raising total compensation as high as 15%.
By Matthew Heller | July 12, 2016
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On the Menu for Restaurants: Higher Earnings
Staffing

On the Menu for Restaurants: Higher Earnings

Revenue and operating income for U.S. restaurants will increase more than expected, said Moody’s Investors Service in upgrading its industry outlook.
By Vincent Ryan | April 14, 2016
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New York Strikes Deal to Raise Minimum Wage
Human Capital & Careers

New York Strikes Deal to Raise Minimum Wage

The increase in the minimum wage to $15 an hour will be phased in gradually across the state, with the target being reached by 2021 for some workers.
By Katie Kuehner-Hebert | April 1, 2016
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Destination Unknown
Workplace Issues

Destination Unknown

Large increases in the minimum wage could have severe long-term effects.
By Economist Staff | July 28, 2015
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IKEA Raising its U.S. Worker Pay
Workplace Issues

IKEA Raising its U.S. Worker Pay

The raise would put IKEA's minimum wage at $4.62 above the current federal minimum wage.
By Katie Kuehner-Hebert | June 25, 2015
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