When some in the tech field visit their favorite Web sites to ask how much to charge for their services, they may find themselves in for a surprise, the Washington Post reports.
How will U.S. corporations adjust their spending on outside legal counsel in 2002? Will the recession force them to rein in spending, or will economic factors be less of a concern, as businesses call on outside firms more to help navigate through a changing regulatory landscape and rising litigation?
While this year saw the balance of power shift away from employees and toward employers, the Christian Science Monitor warns that the change will be only temporary.
These are the times that try an executive's soul. But the exec with an accounting or financial background may find them a little less trying, according to CareerJournal.com.
Employers plan to trim their 2002 merit pay increases for all categories of employees, including executives, and are pursuing a wide variety of other workforce strategies to contain HR costs, a new survey shows.
3rd Quarter good news could help avoid Fed rate rise. Last Friday, just when the economists were grumbling about another possible interest rate hike by the Fed tomorrow, worker productivity galloped in to the rescue. U.S. workers' productivity rose sharply in the third quarter while labor cost growth slowed. The surprising strong numbers point out that the economy can continue in a high growth, flat out employment mode without the old inflation worries.
Legislation (S.1878) introduced by Senator Kay Bailey Hutchison (R-TX) would amend the Fair Labor Standards Act (FLSA) and make it easier for employers to offer bonuses and incentive pay to employees.