Tag: Compensation

November 3, 2023

Workers Are Doing Less Work for the Same Pay

Workers Are Doing Less Work for the Same Pay

Employers are offering more paid time off in a strong labor market. Employees are using it. By Jeffrey Sparshott Oct. 30, 2023 5:30 am ET Americans are increasingly getting paid for not doing work. Growth in paid-time off—including family leave, sick leave and vacation—is widening the gap between the number of hours for which workersRead More

August 22, 2023

Pay for New Hires Is Shriveling

Pay for New Hires Is Shriveling

After years of salary increases, businesses across the economy say they’re reducing starting salaries for recruits By Te-Ping Chen Aug. 21, 2023 9:00 pm ET ) Pay for new hires is starting to shrivel after years of hefty salary bumps, requiring workers to reset what financial gains to expect from switching to a new job.Read More

February 6, 2023

Pay Transparency Laws Force Employers to Address Pay Parity

Pay Transparency Laws Force Employers to Address Pay Parity

December 13, 2022 | Author: Rosie Greaves, LaborIQ Staff Writer The new year will bring many changes to the way companies disclose their pay ranges. A prominent driver of this is, no doubt, incoming pay transparency legislation. Soon, several U.S. states will enact pay parity laws that force organizations that previously withheld compensation structure informationRead More

July 27, 2020

Wages rise 6% in Q2 as pandemic hits less-tenured and lower-paid workers

Wages rise 6% in Q2 as pandemic hits less-tenured and lower-paid workers

Released on July 22, 2020 US workers’ wages rose to 6.0% to $30.25 per hour in the second quarter, according to the ADP Research Institute’s Workforce Vitality Report released today. On the other hand, job growth decelerated 10.2% from the first quarter. Year-over-year wage growth across all workers spiked in the second quarter as a result ofRead More