Minimum Wage

Business News

25 U.S. States Are Raising Minimum Wages in 2024. Here's What It Means for Your State

Meanwhile, 20 states will remain at the federal minimum wage of $7.25 an hour, which hasn't been increased since 2009.

Business News

These Are the Top 10 Most Expensive States For Single Earners to Meet Basic Needs

Hawaii was the only state in the report where single earners need a six-figure minimum average living wage.

Business News

Doordash Is Starting an Hourly Pay Option for Drivers — Up to $19.50 an Hour

The delivery app announced a slew of new features on Wednesday, including giving drivers the option between being paid by delivery or being paid a flat rate.

Business News

Rent for Single-Family Homes Rose 10 Percent in September, Fastest Annual Gain in 16 Years

"Strong job and income growth, as well as fierce competition for for-sale housing, is fueling demand for single-family rentals," said Molly Boesel, principal economist at CoreLogic.

Business News

West Hollywood City Council Votes to Hike Minimum Wage to $17.64 an Hour Starting Next Year

The rate will first take effect Jan. 1 for hospitality workers and will "create a phased approach for minimum wage increases for large businesses and small businesses with adjustments every six months to create consistency in the minimum wage citywide by July 1, 2023," the city council said in a statement.

Business News

Oregon McDonald's Now Hiring 14-Year-Olds Due to 'Staffing Issues'

Heather Coleman, the operator of a McDonald's, said that raising the minimum wage to $15 per hour at the restaurant didn't attract many new applicants. When the hiring age was lowered to 15, about 25 applicants came in two weeks, she said.

Business News

Inflation and Higher Wages: A Look at the Effect of Extra Income

Though every inflationary period tends to be unique, it can be valuable to compare your current paycheck with rising inflation rates.

Business News

What People Don't Realize About the McDonald's Strikes

The minimum wage conversation is a lot more nuanced when franchisees are involved.

Business News

Thousands of Federal Workers Will Be Paid a Minimum Wage of $15 an Hour as Soon as Next Year

Federal workers from cleaners and nursing assistants to food service providers will be paid a minimum wage of $15 per hour in March.

Business News

Walmart to Raise Wages for Some Workers After Earnings Miss

After falling short of fourth-quarter earnings, Walmart still plans to increase wages for their employees.

Business News

Employers to Face Rising Minimum Wages on January 1

Employers to Face Rising Minimum Wages On January 1, Despite Continued COVID-19 Struggles

News and Trends

Singapore Sees Widest Gender Pay Gap In A Decade

Women face a relatively smaller wage gap in industries such as real estate, construction, arts and recreation and other service-related sectors

Business News

Will Matching Amazon's Wage Increase Buy Your Employees' Engagement?

Don't expect a parade if you start paying a $15 per hour minimum wage.

Business News

350,000 Amazon Workers Get Raises. 3 Things to Know Today.

Stay in the know in 60 seconds.

Business News

Amazon Boosts Minimum Wage to $15 Per Hour

All of Amazon's U.S. workers will benefit from the minimum wage increase, which means more than 350,000 staff spread across all of Amazon's business ventures (including Whole Foods) should be better off beginning in November.