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ILO News– Financial co-operatives out-performed traditional investor-owned banks during the global financial crisis on almost every rating level, according to a new International Labour Organization study. The study, titled Resilience in a downturn: The power of financial co-operatives, says customer-owned banks were much more stable and more efficient than the big traditional banks. “Financial co-operative” is […]
Equal Pay Day 2013 Events In The U.S., Overseas And Online From the National Committee on Pay Equity: The National Women’s Law Center is hosting a blog carnival all day on Equal Pay Day and a tweetchat at 1 pm (ET), with hashtag #TalkPay. This June will mark 50 years since President Kennedy signed the Equal […]
Continue reading …Raising The Minimum Wage: The Graphic Story Of The Minimum Wage And The People Who Earn It In The United States. The federal minimum wage was last increased on July 24, 2009, when it rose from $6.55 to $7.25 per hour. It was the last step of a three-step minimum wage increase approved by Congress […]
Continue reading …Despite critics and naysayers the federal minimum wage in will celebrate its 75th anniversary in October. Some economists and many conservatives despise the federal minimum wage, but it has proven both popular and enduring. Due to political opposition, the minimum wage remained the same for a decade until 2007 when congress agreed to a three-step […]
Continue reading …Minimum wage laws prohibit employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation. Although minimum wage laws are in effect in many jurisdictions, differences of opinion exist about the benefits and drawbacks of a […]
Continue reading …By DAVID HEATH, Center for Public Integrity— Controversial payday lenders that claim to be owned by Indian tribes and offer payday loans over the Internet have agreed to stop practices that federal authorities say deceive borrowers and violate federal laws. The agreement, filed in federal court, could save borrowers hundreds of dollars on each payday loan. […]
Continue reading …If you land a new technology-related job in 2012 in the United States, you can expect a salary boost of 5.3%, according to the 2013 Salary Guides from the staffing firm Robert Half International. U.S. starting salaries for technology positions in 2013 will have the largest increases among all fields — an average of 5.3%, according […]
Continue reading …Low Paid Public Sector Workers In Europe Greece Impoverishment of public employees (fall in wages by 15-20% in 2011 and new cuts by an additional -15% in 2012) due to the abolition of 13th and 14th month salaries, and a cut in the minimum wage. Hungary In 2010, 55% of public employees with less […]
Continue reading …How well is the American economy providing acceptable growth in living standards and income for most households? Economic Policy Institute’s The State of Working America, 12th Edition looks broadly at available data and concludes that the answer is simply “not well at all.” This is not because the economy has failed to grow, on average. […]
Continue reading …The folks at Onward Search, a Wilton, Conn.-based Internet marketing and interactive design staffing firm, developed this handy infographic salary guide for social media jobs in in 20 major U.S. cities. Social Media Jobs Salary Guide Onward describes its social media jobs salary guide as a look at the “most in-demand job titles and average […]
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