In terms of inflation, which is the bogeyman for investors right now, a big and sustained gain in wages would be even more dangerous than the price spikes already seen for oil and other commodities.
The fast-food giant is also encouraging its franchisees—which make up 95% of its restaurant base—to boost pay.
The figures suggest that as the economy rapidly reopens, businesses are already providing higher pay and benefits to pull workers back into the job market.
Indiana educators on Thursday called for a bigger school funding boost to help improve the state’s lagging teacher pay, as new projections showed state tax collections are expected to bounce back stronger than expected from the pandemic recession.
The bill would make it easier to sue employers over pay discrimination, curb the ability of companies to retaliate and include a requirement that businesses submit detailed pay data to the federal government for use in policing pay discrimination laws.
Darden Restaurants employs more than 167,000 hourly workers at 1,800 restaurants. In addition to the Olive Garden chain, it owns Longhorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House and The Capital Grille.
Two lawsuits filed against Indianapolis strip clubs are putting a spotlight on an increasingly common question: When is an independent contractor really an employee?
Democrats are searching for a way to revive their derailed drive to boost the minimum wage as part of the proposed $1.9 trillion package aimed at helping the country rebuild from the pandemic.
The starting wage scale puts Costco above competitors, including Amazon, Target and Best Buy, which have $15 minimum wages.
The president has seemingly undermined the push to raise the minimum wage by acknowledging its dim prospects in Congress, where it faces political opposition and procedural hurdles.
The Brookings Institution report, “Indiana GPS: Strategies for Resilience,” identifies job growth, wages and technology as areas for improvement in the state’s economy.
The report comes as senior Democrats debate whether to include raising the federal minimum wage in a budget resolution that is largely designed to help the sputtering economic recovery.
Wages and benefits for U.S. workers rose in the last quarter of the year, putting all of 2020 in somewhat of a normal range as the pandemic continued to rankle the economy.
A Democratic-backed proposal that would unlink Indiana from the current federal minimum wage that’s remained at $7.25 an hour since 2009 is unlikely to get traction in the General Assembly.
Indianapolis city-county government has work to do recruiting and retaining more minority employees—particularly Hispanic workers—if its staff is going to reflect the population it works for.
The project, which includes plans for a $125 million expansion of the Indiana Convention Center, would also create 2,500 construction jobs before completion in 2025.
Raises will go to workers at Amazon’s warehouses, delivery centers and Whole Foods grocery stores, all of whom make at least $15 an hour.
Government figures show that after more than a decade of economic growth—the longest expansion on record—Americans are finally earning what they did two decades ago once inflation is taken into account.
Gradually raising the federal minimum wage to $15 an hour would boost pay for as many as 27 million workers, but it could also cost as many as 3.7 million jobs by 2025, according to a report released Monday from the nonpartisan Congressional Budget Office.
White adults in Indianapolis on average outearn black adults whether both groups were born to poor, middle class or wealthy parents.
