Volkswagen wants to cut the wages of its 120,000 employees in Germany by almost 20 percent, thereby saving €2 billion a year.
The Internal Revenue Service has announced in its annual update various 2025 employee benefit plan limits and thresholds for employer plan sponsors ...
Wage growth has fallen to its lowest level in more than two years while Britain’s jobless rate jumped by more than expected, ...
When low-wage workers lose their jobs, they often face persistent declines in earnings. Research from the Becker Friedman Institute for Economics shows a 13% reduction in income six years after a ...
Half of the eight battleground states in this year's U.S. presidential election use the federal minimum wage of $7.25 an hour, a rate that hasn't changed since 2009 despite a 47% surge in the cost ...
That measure would raise the minimum wage across all job sectors in California ... are warning of “a reduction of jobs and working hours for California employees” if the initiative passes.
The proposal seemed to mandate no tipped worker could ever make less than the prevailing minimum wage, plus $2 extra per hour once an employer chooses to use the 25% reduction. However ...
Pittsburgh Police Chief Larry Scirotto said Wednesday that he will take a salary reduction as part of his deal to return to refereeing NCAA college basketball games. Scirotto last week announced ...
“Focusing first on low wage workers, we showed that real wage ... “We passed the largest personal income tax reduction of $600 million two years ago, and it had a big effect on those making ...