In the case the Supreme Court decided to hear, 30 police officers and dispatchers allege a Mississippi city's pay policy violated the Age Discrimination in Employment Act.
After examining pay levels throughout Europe, the Federation of European Employers reports that the biggest increases during the last year were in Slovakia (+11.3%), Estonia (+9.8%), and Latvia (+9.6%).
Security professionals saw their overall compensation rise by 13 percent in
2002, according to survey results released by ASIS International, an organization
for security professionals.
Employer costs for employee compensation for civilian workers averaged $24.59
per hour worked in December 2003, the Bureau of Labor Statistics of the U.S.
Department of Labor reported. Wages and salaries, which averaged $17.56, accounted
for 71.4 percent of these costs, while benefits, which averaged $7.03, accounted
for the remaining 28.6 percent.
In an issue set to hit newsstands March 1, the magazine Business 2.0 lists
the 20 hottest job markets in America. All of them are expected to generate
850,000 skilled jobs in the next four years.
Despite piling up more debt and filing for bankruptcy at an increasing rate, American households are generally in financial good shape, Federal Reserve Chairman Alan Greenspan said Monday.
More than 60 percent of the nation's employees describe themselves as satisfied
with their compensation and benefits packages, but just 45 percent view their
organizations' pay policies are fair, according to the results of a survey sponsored
by the Society for Human Resource Management (SHRM) and CNNfn.
Hourly compensation rose 1.3 percent in the fourth quarter of 2003, down from
the 3.4-percent rise of the third quarter, the Labor Department reported. When the changes in consumer prices
were taken into account, real hourly compensation grew 0.5 percent during the
fourth quarter of 2003 and 1.0 percent one quarter earlier.
In almost every state, industries whose share of jobs is growing pay less than the industries whose share of jobs is shrinking, according to a report by the Economic Policy Institute.
More than 40 percent of employers
are scaling back their 2004 pay-increase budgets for at least some portion of
their employee population, according to a new survey from Mercer Human Resource
Consulting.
