Latest Wages and salaries News

Missouri minimum wage set to increase

Dec. 6, 2019 5:42 PM EST

JEFFERSON CITY, Mo. (AP) — Missouri's minimum wage is set to increase again as part of a voter-approved plan to gradually hike pay. The minimum wage rate will hit $9.45 an hour beginning Jan. 1, up from the current $8.60 an hour mandated by the state. Voters in 2018 approved a plan to raise wages for...

NY gives green light to expanding $15 minimum wage

Dec. 6, 2019 5:06 PM EST

Albany, N.Y. (AP) — New York is moving ahead with a law that will raise the minimum wage statewide on New Year's Eve. Democratic Gov. Andrew Cuomo's budget director says several studies show New York's gradual increase in the minimum wage hasn't directly caused a loss in jobs. State law required the budget...

Correction: NerdWallet-These Employers Pay story

Dec. 6, 2019 3:38 PM EST

In a story Nov. 14 about companies’ student loan repayment help, The Associated Press — in an article supplied by the personal finance website NerdWallet — reported erroneously what Raytheon employees can receive through the program. The program does not allow employees to use the company...

N Carolina mayor wants to hike salaries for 900 city workers

Dec. 6, 2019 4:14 AM EST

FAYETTEVILLE, N.C. (AP) — A North Carolina mayor wants to increase salaries for hundreds of city workers, saying he recently learned only a portion of such workers can afford to live in the city. Fayetteville Mayor Mitch Colvin on Monday proposed raising the salaries of all full-time city employees to a...

Nissan gives workers 2 unpaid days off as US sales slump

Dec. 5, 2019 4:04 PM EST

FRANKLIN, Tenn. (AP) — Nissan Motor Co. is making its U.S. factory and office employees take two days off without pay amid slumping sales. The company's U.S. sales this year are down 7.8% through November. Nissan says nearly all of its 21,000 U.S. workers must take Jan. 2 and 3 off without compensation. A...

Judge: Purdue workers should get bonuses, but maybe not CEO

Dec. 4, 2019 6:56 PM EST

WHITE PLAINS, N.Y. (AP) — More time is needed to sort out whether the CEO of OxyContin maker Purdue Pharma should receive a $1.3 million bonus next year, but the company should be allowed to pay about $35 million in bonuses to 682 other employees, the judge overseeing the company's bankruptcy case said...

Coal bankruptcy judge asks company to explain attorney costs

Dec. 4, 2019 6:35 PM EST

CASPER, Wyo. (AP) — A judge has ordered a bankrupt coal company to provide more information about over $73,000 in expenses accrued by its attorneys while miners awaited back pay. Attorneys for Blackjewel have asked the court to approve reimbursement for a range of expenses including meals, transportation...

Microsoft shareholders defeat 2 activist proposals

Dec. 4, 2019 12:50 PM EST

Microsoft's shareholders have defeated two proposals by activist investors calling for the company to add a rank-and-file employee on its board of directors and report on gender disparities in company salaries. The company said Wednesday that neither proposal got enough support, according to preliminary vote...

Organization announces funding for 250 local journalists

Dec. 2, 2019 4:09 PM EST

NEW YORK (AP) — An organization that is trying to bolster the struggling local news industry said Monday that it will help fund the hiring of 250 journalists across the country next year. That's a sharp increase from the 61 journalists put in the field this year by Report for America, an initiative of the...

South Carolina social services leader seeks $127M increase

Dec. 2, 2019 1:31 PM EST

COLUMBIA, S.C. (AP) — The head of South Carolina’s child welfare agency is asking for $127 million more next year to help turn around an embattled agency criticized for failing children. Department of Social Services Director Michael Leach wants the General Assembly to boost the budget to pay for...