Wall Street wins bid to keep noncompete clauses in New York
Non-competes contractually block workers from leaving their employer to go to work for a competing company or start their own competing business.
Industry salaries
Walmart cuts starting pay for some new hires under revamped wage structure
Walmart is maintaining its minimum hourly wage of $14, a rate that took effect earlier this year.
Who’s on strike in the US — and who’s next?
The "summer of strikes" is seeing unprecedented unrest among some of the country's biggest companies.
New York State will now force companies to include salary ranges in job ads
In 2023, one in every five people in the U.S. will live in a state with so-called pay transparency laws.
CEOs don’t want to reveal their pay to anyone, not even close friends
Only 3% of senior executives said they'd tell anyone who asks what their salary is.
Should you get paid in Bitcoin? Why a crypto salary could be a dangerous trend
One of the biggest allures of being paid in a prominent cryptocurrency is growth potential, but one of the main rules of investing is that past performance is not indicative of future results.
Employees would rather run naked through the office than reveal their salaries
Disclosing salary information can help close pay gaps and instill employee loyalty, but many workers have deep fears around sharing this information with colleagues.
Bank of America increases pay to attract young talent
The bank joins a growing number of businesses increasing salaries to lure workers to Wall Street.
In ‘war for talent,’ bank employees gain upper hand
Banks are struggling to hire and retain workers in a tight labor market. To stay competitive, they are making concessions on wages and remote work that likely would have been unnecessary before the pandemic.
Employees think they’re underpaid — how to fix it before they quit
The majority of employees believe that they are being underpaid, and they’re on the hunt for more lucrative job opportunities.
Think you deserve a raise? Now is the time to ask for one
As pandemic recovery continues, virtually all employers surveyed by Willis Towers Watson confirm they will grant raises next year, and these increases are scheduled to average 3%.
Ready to relocate? These are the 10 best and worst states for work
These states boast a healthy economy and many available job opportunities.
McDonald’s boosting average wages to over $13 an hour
More than 36,500 employees are slated to receive this round of pay hikes.
Chipotle to raise average wage to $15 an hour amid labor crunch
The restaurant company will host a virtual career fair on messaging app Discord as it looks to fill positions at the roughly 200 restaurants it expects to open in the U.S. in 2021.
Glassdoor ranks the top 25 highest paid internships
These summer interns could be earning over $8,000 per month.
Shell to freeze salaries for majority of staff amid overhaul
In a note to staff, chief executive officer Ben van Beurden said that while the company had previously told employees to have low expectations for salary increases, most wouldn’t get a pay rise this year.
Reddit will pay U.S. employees the same wherever they work
U.S. employees will now be paid the same, based on high-cost locations like NY or San Francisco, whether they work from those places or not.
Salary budget increases fell on average from 2019 to 2020, survey finds
WorldatWork’s annual salary budget survey gives insight into how firms in the United States are handling salary increases this year.
The pandemic’s gender bias needs urgent fixing
Before the pandemic struck, women already faced a century-long wait to reach parity with men, a daunting prospect that now risks becoming further out of reach if the economic disparities unleashed by the crisis are ignored.
Gig workers get fiscal aid as stimulus catches up with times
With governments bracing for economic contractions and joblessness not seen since the Great Depression, more of them are doling out part of their $8 trillion-plus stimulus to prop up the gig economy.
