Industry salaries

Banks are boosting their benefits, paying bonuses to front-line employees, extra paid time off for those who are sick or self-quarantined, financial assistance with child care and access to virtual doctors’ appointments.

While culture is a crucial element, it will be hard for employees to become engaged if their financial needs are not being met by your comp and benefits plan.

Mastercard disclosed its gender pay gap for the first time, saying female employees worldwide make almost 8% less than male workers.

Recent college graduates are more likely to be out of work than the population as a whole and their salaries are lower.

“You need laws and structures that lead the way to gender equality,” says Finnish Prime Minister Sanna Marin at the World Economic Forum.

On average, the company’s female employees earn 29% less than the men, a reflection of how few women occupy the most lucrative jobs.

Sluggish wage growth can be attributed to automation and outsourcing, among other factors.

The brand will test out the six-figure salary in select restaurants as an employee retention tool.

Wage numbers suggest that the labor market isn’t as competitive as the unemployment rate indicates.

In a tight labor market, employers competing for top talent are looking for human resources professionals who can help them differentiate themselves. These are the most sought-after roles.

Encouraging lower skilled workers be more productive will help to close the wage gap.

When applying the final guidelines, employers should know that salary level is just one of the criteria for exemption.

Companies are turning to discretionary bonuses, performance and other incentives to recognize and reward top performing workers.

Companies are turning to discretionary bonuses, performance and other incentives to recognize and reward top performing workers.

The tight labor market is disproportionately benefiting workers in industries that are more likely to employ less educated workers.

More employers are budgeting for higher earnings in an effort to keep their best talent, a recent survey shows.

More employers are budgeting for higher earnings in an effort to keep their best talent, a recent survey shows.

While the rule may come as a relief to many employers with tipped employees, employers should still be mindful in evaluating tipped employees’ job duties on a regular basis.

The data suggest demand for workers remains strong and companies are offering better compensation packages to workers amid low unemployment rate.

As insurance costs rise and wages remain unchanged, some employees are noticing the drain on their take-home pay.