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Compensation and Benefits

A collection of news and information related to Compensation and Benefits published by this site and its partners.

Top Compensation and Benefits Articles

Displaying items 56-66
  • Here's a tip ...

    Here's a tip ...
    In the endless debate over the minimum wage, one subset of low-wage workers can get lost in the shuffle: those who rely on tips. In Illinois, tipped employees legally can be paid $4.95 an hour, rather than the $8.25 non-tipped minimum wage. A report ...
  • Why your 401(k) isn't likely to offer a 'longevity annuity'

    CHICAGO (Reuters) - Longevity risk - that is, the risk of outliving your retirement savings - is among retirees' biggest worries these days. The Obama administration is trying to nudge employers to add a special type of annuity to their investment menus...
  • California minimum wage up; policymakers push for further increases

     California minimum wage up; policymakers push for further increases
    California's low-wage workers now have a little more money to pay their rent, see a doctor or hold an occasional backyard barbecue, now that the Fourth of July has come and gone. The state's minimum wage rose one dollar Tuesday to $9 an hour. The...
  • A rash of health care options after graduation

    Parents hate to get these letters -- notice from an insurer that their college-age child is no longer eligible for dental and vision coverage. While the Affordable Care Act allows parents to keep adult children enrolled in employer-provided family health...
  • Family finances: when doing nothing pays off

    Turns out that Americans -- humans, really -- are pretty good at doing nothing. So behavioral experts have pushed 401(k) plan sponsors to use inertia to our benefit. Make saving effortless, the argument goes, and more people will save. Guess what? It's...
  • Is your 401(k) plan is ripping you off?

    For most Americans, the employer-sponsored 401(k) account is their canteen in the desert -- truly essential to their retirement. Eighty percent of full time workers have access to these plans, and 88 million actually participate in them. The defined...
  • Hopkins, union agree to tentative deal on wage increases

    Hopkins, union agree to tentative deal on wage increases
    After months of negotiations, one strike and the threat of another, and intervention from the governor, Johns Hopkins Hospital and 2,000 service workers reached a tentative labor agreement early Tuesday that some said could become an "important benchmark"...
  • Frye's salary will become more cap friendly as his Magic tenure progresses

    The four-year, $32 million agreement between the Orlando Magic and power forward Channing Frye will become more friendly to the team's payroll figure as Frye's tenure progresses. According to an industry source with knowledge of the agreement, the Magic...
  • Raising Chicago's minimum wage: Issue divides workers, businesses

    Raising Chicago's minimum wage: Issue divides workers, businesses
    A task force created by Mayor Rahm Emanuel recommended Monday that the city increase its minimum wage to $13 per hour from the current $8.25 by 2018. In the wake of the Minimum Wage Working Group's report, the only agreement among workers and store...
  • Gap raises its minimum wage to $9 an hour

    Gap raises its minimum wage to $9 an hour
    Thousands of Gap Inc. employees will start seeing a pay check boost this week when the company’s pledge to raise its minimum hourly wage to $9 goes into effect. Some 65,000 workers employed at stores, distribution centers and fulfillment centers...
  • Skittles production coming to plant in Yorkville

    Skittles production coming to plant in Yorkville
    Wrigley plans to start making Skittles in Yorkville, expanding its plant there and adding 75 full-time manufacturing jobs, the candy maker plans to announce on Wednesday. The decision to make Skittles in Yorkville, about 50 miles southwest of Chicago,...