No. 1 IU locks up key assistant football coaches with big contract extensions
The latest move keeps two-time AP Coach of the Year Curt Cignetti and two of his most loyal and dependable assistants together for several seasons.
Compensation
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ISO musicians gain pay increase in new 3-year labor contract
According to a spokesperson for the musicians, incremental pay increases will add up to a 9.6% raise across three years.
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Government finalizes rule to grant overtime to millions more salaried workers
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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Attorneys, businesses await impact of proposed rule to extend OT to more salaried workers
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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IPS board approves new teacher contract with average 3% raises
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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Articles
NCAA agrees to pay volunteer coaches $303M under proposed settlement
The class-action lawsuit would affect more than 7,700 men and women who worked as volunteer coaches in sports other than baseball, according to a motion for preliminary approval filed this week.
Proposed IPS teachers contract would provide smaller raises amid shaky financial outlook
The raises come at an increasingly precarious time for IPS, which faces a funding cliff. The district is projected to end 2026 with an estimated $44 million deficit, according to cash flow projections from September.
Musk could become history’s first trillionaire as Tesla shareholders OK giant pay package
The vote followed weeks of debate over his management record at the electric car maker and whether anyone deserved such unprecedented pay.
Treasury releases new proposals for ‘no tax on tips’
The agency on Friday submitted possible guidance that includes greater detail on the occupations covered by the rule and who will qualify and what counts as a “qualified tip.”
Amazon spending $1B to increase pay, lower health care costs for workers
The company said full-time employees, on average, will see their pay increase by $1,600 per year.
Trump’s ‘no tax on tips’ plan covers unexpected jobs
The Treasury Department has released a preliminary list of jobs exempt from income tax on tips, including food service, concierge and salon workers—and some surprise occupations.
Some court-appointed attorneys won’t get paid until October due to federal funding gap
The judicial branch’s Defender Services program receives funding from Congress to pay the attorneys, known as panel attorneys, to represent clients who are assigned representation because they cannot afford their own.
What to know—and what isn’t known yet—about tax deductions for tips, overtime pay
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.
Some restaurants and servers oppose ‘no tax on tips’ budget proposal
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.
CEO pay rose nearly 10% in 2024 as stock prices, profits soared
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.
‘No tax on tips’ plan part of GOP budget bill. Here’s what it does.
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.
As WNBA popularity climbs, player salaries remain hurdle for league to address
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.
Food security, financial stability among challenges for Indianapolis artists, new survey says
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.
Player salaries still an issue as WNBA prepares for Monday’s draft
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.
New IU basketball coach DeVries to make $27M-plus over 6 years
Darian DeVries’ annual average salary of $4.5 million would have been fourth among Big Ten Conference basketball coaches last season
Franciscan VNS Home Care pays $3.65M to settle overtime claims
Occupational therapists, physical therapists and registered nurses have received payments from the settlement, while almost a third will go toward attorney fees.
Green fees, fishing sponsorships among gifts to Indiana’s top judges, disclosure forms show
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 seeks audit to determine scope of city employee payroll problem
Westfield plans to conduct a payroll audit going back 17 years after officials recently discovered a firefighter had experienced incorrect payroll deductions since 2009.
Governor’s cabinet secretaries among state’s highest-paid employees
The eight cabinet secretaries serving under Gov. Mike Braun will each take home $275,000 annually for their new positions.