| Jul 18, 2014
| 2:18 PM
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 ...
| Jul 22, 2014
| 5:14 AM
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...
| Jul 6, 2014
| 7:06 PM
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.
| Jul 7, 2014
| 8:30 AM
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...
| Jul 8, 2014
| 2:30 AM
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...
| Jul 8, 2014
| 4:30 PM
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...
| Jul 8, 2014
| 6:03 PM
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"...
| Jul 9, 2014
| 8:39 PM
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...
| Jul 13, 2014
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...
| Jun 23, 2014
| 5:07 AM
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...
| May 28, 2014
| 8:17 AM
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,...