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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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.