City-County Council votes to nearly triple members’ pay
The Indianapolis City-County Council will get a pay hike for the first time in more than two decades, after it voted Monday night along party lines to increase compensation starting in 2024.
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U.S. wage increases show signs of peaking in welcome sign for Federal Reserve
After handing out hefty salary increases over the past year, companies are now becoming more cautious with their cash over concern further big payouts will eat into profits, according to staffing companies, business owners and recent surveys.
Pay for CEOs at big public companies rose 17% in 2021 as profits soared
Last year’s leap for median pay of S&P 500 CEOs was the biggest since a 23.9% surge for 2010 compensation packages, according to the data analyzed by Equilar.
U.S. Soccer equalizes pay for women, men in milestone agreement
The federation announced separate collective bargaining agreements through December 2028 with the unions for both national teams on Wednesday, ending years of often acrimonious negotiations.
NIL expert predicts $50,000 minimum pay for Power 5 players
The increasing dollar amounts available to college athletes through the recent formation of collectives has drawn the attention of the NCAA, which this week released guidance for schools in the hopes of maintaining the original intent of NIL compensation.
City-County Council to consider nearly tripling its base pay
A new proposal from the council’s Democratic leadership would push annual base pay for the city’s 25 part-time councilors to $31,075 from just $11,400 and represents the council’s third attempt at a pay raise in seven years.
Study: Younger women earn as much or more than men in 22 metro areas
Younger women have closed the pay gap or are outpacing their male counterparts in nearly two dozen U.S. metropolitan areas, according to research published Monday.
Top colleges accused of violating Black athletes’ rights
A group that advocates for college athletes has filed a federal complaint that claims NCAA Division I schools are violating the civil rights of Black basketball players and major college football players by prohibiting compensation.
Target seeks to lure workers in some areas with pay of up to $24 an hour
When Target first announced in 2017 it would pay $15 an hour by 2020, it was one of the first major retailers to do so. But during the pandemic, a number of rivals like Best Buy followed suit, with some surpassing Target.
American women players settle suit vs. U.S. Soccer for $24M
U.S. women soccer players reached a landmark agreement with the sport’s American governing body to end a six-year legal battle over equal pay, a deal in which they are promised $24 million, plus bonuses that match those of the men.
Poll: Incomes are up, but Americans focus on inflation
Most people say the sharply higher prices for goods and services in recent months have had at least a minor effect on their financial lives, including about 4 in 10 who say the hit has been substantial.
Fired exec at Community Health can pursue retaliation lawsuit, judge rules
U.S. District Judge Richard Young this week threw out most of Community Health’s motion to dismiss a lawsuit brought by Thomas Fischer, who served as the hospital system’s chief financial officer for eight years before he was fired in 2013.
Indiana teachers union calls lawmakers to address shortages
The state is “slowly making progress” on teacher pay, but additional action is needed to attract and retain teachers, Indiana State Teachers Association President Keith Gambill said during a news conference Monday.
For 2nd straight month, Americans quit jobs at a record pace
The figures point to a historic level of turmoil in the job market as newly-empowered workers quit jobs to take higher pay that is being dangled by businesses in need of help.
At Pike schools, tensions with labor groups disrupt return to in-person learning
Dual labor disputes have disrupted hopes for a smooth comeback at Pike Township schools this year—and officials have warned families that more cancelations of in-person classes could be possible.
Indianapolis Public Schools to raise starting salary for teachers to $50,400
The hike is part of a two-year union contract approved Thursday that will give an average 3% raise for teachers this school year and another 3% next year.
Wages jump by the most on records dating back 20 years
The data further illustrates the rising leverage workers have gained in the job market this year, and they are commanding higher pay, more benefits, and other perks like flexible work hours.
Personal injury lawyer suing Indy firm for allegedly withholding compensation
The attorney is suing her former firm, Hensley Legal Group, alleging she is owed money under a fee-sharing contract.
Indianapolis Public Schools teachers could get 3% raises this year and next
The school board also approved a separate agreement that will award support staff a 2% raise this year. Both agreements are retroactive to July and signal an end to two years of more significant pay increases intended to make up for years of frozen salaries.
For first time, average hourly pay for supermarket, restaurant workers tops $15
Wages have been rising rapidly as the economy reopens and businesses struggle to hire enough workers. Some of the biggest gains have gone to workers in some of the lowest-paying industries.