The move marks the largest expansion in federal overtime eligibility seen in decades. Critics said the regulation could saddle companies with new costs and add to persistent labor challenges.
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It’s been more than six months since the U.S. Department of Labor announced a proposed new rule to the Fair Labor Standards Act that would extend overtime pay to 3.6 million salaried workers. Whenever the final rule is published, it’s expected to spur immediate legal challenges.
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The contract, which Indianapolis Education Association members voted to ratify last month, bumps starting pay in the district from $50,400 to $51,900 in 2023-24, and raises it again in 2024-25.
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Employees at Honda’s Indiana Auto Plant in Greensburg are among those who will qualify for raises.
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Which workers will qualify for the new deductions is among the details the government has to work out after President Donald Trump’s signature spending and policy package won final congressional approval.
The Independent Restaurant Coalition, which represents nearly 100,000 restaurant and bars, has appealed to Congress to reconsider the proposal, which is part of the president’s spending bill.
Many companies have heeded calls from shareholders to tie CEO compensation more closely to performance. As a result, a large proportion of pay packages consist of stock awards.
The proposal has widespread support from the public, lawmakers in both parties and employers who believe such a law will bring relief to the working class.
Player salaries have been a longstanding point of contention between the NBA—which owns about 60% of the WNBA and leads CBA negotiations—and women’s basketball players.
In a survey of 148 Indianapolis artists, more than half said they earned less than $10,000 from arts work during the past 12 months.
The spotlight on WNBA player salaries got brighter last season as Indiana Fever star Caitlin Clark drew massive attention to the league during her rookie season.
Darian DeVries’ annual average salary of $4.5 million would have been fourth among Big Ten Conference basketball coaches last season
Occupational therapists, physical therapists and registered nurses have received payments from the settlement, while almost a third will go toward attorney fees.
Some judges also reported earning outside compensation for everything from working as a stagehand at Pink and Taylor Swift concerts to serving as a board member for the Indianapolis Indians baseball team.
Westfield plans to conduct a payroll audit going back 17 years after officials recently discovered a firefighter had experienced incorrect payroll deductions since 2009.
The eight cabinet secretaries serving under Gov. Mike Braun will each take home $275,000 annually for their new positions.
Indiana University and many other schools are facing an unprecedented dilemma—pay players market value or risk becoming less competitive on the field. In Bloomington, the solution appears to be running a leaner department.
Due to a law created in 1938, some employees with disabilities can be paid well below the federal minimum wage of $7.25 an hour.
Indiana’s incoming dollars have slowed to pre-pandemic levels. Budget writers have urged their fellow lawmakers to tighten funding requests and prepare for a lean two-year cycle.
Even without the controversial compensation deal—the highest CEO pay package in history—Musk remained the world’s richest person after Monday’s decision.
Raising base salaries for teachers was a key focus of Gov.-elect Mike Braun’s platform during the governor’s race, but anxiety about the state budget might be a roadblock.
Trade groups argued the move would harm businesses and lead to costs that would potentially force employers to cut jobs or limit their workers’ hours.
The Metropolitan School District of Lawrence Township will lift pay for its roughly 1,000 teachers and its administrators.
Nearly all—98%—of Hoosier school districts gave teachers a raise last year, benefitting about 92% of educators statewide, the report indicated.
