The study found that 880,100 New York employees earn less than $8.50 an hour. About 352,000 of those are in New York City, about 40 percent of the state total. In the city, 92 percent of those workers are at least 20 years of age.Read More
A new report suggests that corporate boards of directors are becoming increasingly wary of so-called ‘golden parachute,' that is, change in control severance agreements.
Moving from the showroom to the Internet desk can be a tough transition for a salesperson. Internet car sales require a different skill set from showroom car sales. But if a salesperson succeeds, the payoff is sizable.
For a company paying the federal minimum wage of $7.25 an hour (about $15,000 a year for a full-time worker), what if the total compensation for the CEO was capped at 100 times that? That means a CEO's annual income would be about $1.5 million. As pay goes, that's not peanuts. But it also is a far cry from packages that have ballooned for many execs into the tens and hundreds of millions of dollars. Read More
The $99 million settlement resolves the wage-and-hour claims brought in 2006, as well as additional wage-and-hour claims covering a more recent time period, according to the joint announcement by Novartis and Sanford Wittels.Read More
For the U.S. as a whole, technology workers reported their average annual wage rose to $81,327 in 2011 from $79,384 in 2010, according to a survey by Dice.Read More
The former temporary worker, Valerie Yvonne Brown, faces charges of aiding or assisting the preparation of a false or fraudulent document and identity theft, according to the filing.Read More
Securities employers paid grads an average starting salary of $58,571. Overall, they provided 42,000 jobs to the Class of 2011.Read More
The average starting salary for those with bachelor’s degrees in the class of 2011 was $41,701, up 2.3 percent from the class of 2010, according to the winter 2012 Salary Survey report published by the National Association of Colleges and Employers.Read More
The investment company's total pay figures, disclosed in a proxy statement filed yesterday with the Securities and Exchange Commission, include both cash compensation and stock awards.