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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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Australian Labor And Greens Senators Support 4-day Work Week

Allwork

On Thursday, the Senate Work and Care Committee, chaired by Barbara Pocock of the Greens, called for policies that could drastically adjust work-life balance. The post Australian Labor And Greens Senators Support 4-day Work Week appeared first on Allwork.Space.

Policies 262
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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 278
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Skeptical Employers Could Miss Gains By Rejecting A Four-day Work Week

Allwork

Results of the studies on a shortened work week show that skepticism about the four-day work week is only appropriate when working more than four days is necessary for a role, or if the proposal in question is not a matter of having a choice to work a four-day week but a universal implementation. .

2019 264
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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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New overtime regulations are open for comment

BMT Office Administration

Proposed regulations raising the salary employees must earn to be exempt from overtime were published in last Friday’s Federal Register. You need to use this time wisely to determine the impact final regulations may have on your payroll by auditing your employees and your pay policies. You have until Nov. 7 to comment.

Payroll 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.

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