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As CEO Salaries Skyrocket More Than 25%, Financial Security Is Wavering For Workers

Allwork

The gap between CEO and employee salaries continues to expand, despite overwhelming backlash from low wage employees. . Within a year during the pandemic, on average CEOs gained “29% raises while their median worker pay fell by 2%,” the Institute for Policy Studies (IPS) found. Things may get worse before they get better.

Salary 250
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U.K. Government Demands End Of Four-Day Workweek Trials

Allwork

This decision has added to the debate about the future of work and the balance between employee well-being and non-traditional work schedules. The four-day work week, where employees work reduced hours while maintaining their existing salary, is gaining global interest as a proposal for better work-life balance.

Salary 279
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Think tank seeks funding for Universal Basic Income trial

Workplace Insight

People will be drawn from two locations in England to participate, with the scheme testing the effects of basic salary being paid to everyone regardless of wealth or job. Under the proposed trial, thirty people would be paid £1,600 per month without any obligation to work.

Salary 52
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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Proposed regulations covering white-collar employees were included in the Department of Labor’s spring 2022 semiannual regulatory agenda. General consensus: Proposed regs, if they ever are released, will raise the minimum salary employees must earn to remain exempt from overtime under the Fair Labor Standards Act.

Payroll 52
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4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

Allwork

The Federal Trade Commission (FTC) has announced a proposal that would ban noncompete clauses, which are contracts that can prohibit employees at a company from job jumping within their career field, trading company insights, and more. . Research from the Economic Policy Institute shows 49.4%

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