Top Compensation Stories in Last 90 Days
August 28, 2007—The following news articles are the most popular among Compensation.BLR.com readers in the last 90 days. The articles are available to both subscribers and non-subscribers.
Who Has Labor Day Off?
August 27, 2007—A vast majority of employers give their employees a paid holiday in observance of Labor Day, according to BLR's 2007 Survey of Employee Benefits.
Hispanic Workers See Wage Gains
August 24, 2007—Foreign-born Hispanics saw notable progress in terms of wages from 1995 to 2005, according to a study by the Pew Hispanic Center.
Perception Is Everything When It Comes to Pay Satisfaction
August 23, 2007—Where employees place themselves on the "ladder of social prestige" has a lot to do with their personal satisfaction with their jobs--and their compensation--finds a recent study reported in the September 2007 issue of Prevention magazine.
Most Americans Earned Less in 2005 Than They Did in 2000
August 21, 2007—The average income slipped from $55,714 in 2000 to $55,238 in 2005, after adjustment for inflation, according to analysis of IRS data by the New York Times.
10 Costliest States for Business
August 20, 2007—Hawaii, New York, and Alaska are the most expensive states for businesses, but Connecticut has the highest costs associated with wages, according to a report by the Milken Institute, an economic think tank.
OT Miscalculations Cost Wal-Mart $4M in California
August 16, 2007—Wal-Mart Stores, Inc., has agreed to pay more than $3.9 million in overtime, penalties, and interest to approximately 50,000 employees in the state of California, the state's labor commissioner announced.
IRS: New Rule Has No Effect on Teacher Salaries This Year
August 14, 2007—The Internal Revenue Service says there is some confusion about a recent tax law change and is reassuring teachers and other school employees that new deferred-compensation rules will not affect the way their pay is taxed during the upcoming school year.
New Penalty for Failure to Notify Workers of Right to Diversify
August 10, 2007—The U.S. Department of Labor has published a final regulation implementing the department's authority to assess civil penalties against plan administrators who fail to give employees notice of the right to sell company stock in their pension plan accounts.
