Payroll
Millions More U.S. Workers Could be Eligible for Overtime Pay
Under proposed changes from the Dept. of Labor, any salaried employee making less than $55,000 per year, or $1,059 per week, would be eligible for overtime. That would be a significant jump from the current cutoff at $35,568 per year.
CPA Firm Managing Partner Weighs in on How to Rebuild the Talent Pipeline
Fixing the crumbling talent pipeline in accounting was a topic that came up during a session at “Bridging the Gap” on Aug. 29.
U.S. Job Market Hits Milestone
Fewer vacancies paired with increased labor force participation have allowed for greater balance in the labor market and helped temper wage growth.
89% of Workers Prefer a 4-Day Work Week or Hybrid
81% of full-time workers and job seekers were in support of a 4-day work week. More than 1 in 3 workers (37%) are willing to change jobs or industries for a 4-day work week.
Most Americans Aren’t Happy with Their Banks, Survey Shows
The Banking Disruption Index also warns of the majority (58%) who claim their banks could be doing more to ensure their complete satisfaction.
How Pay Transparency Can Improve Staff Retention and Recruitment
Pay transparency has been gaining momentum and is considered a step towards pay equity and reducing gender and racial pay gaps.
U.S. Workers Want Salary of $78,645 to Start a New Job, Survey Shows
According to the Federal Reserve Bank of New York, the average reservation wage is up from about $72,900 a year ago.
IRS Nears Major Hiring Milestone
The agency has increased its full-time staff to nearly 90,000, a level not seen in more than 10 years, Commissioner Danny Werfel said.