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What Caitlin Clark’s Starting Salary Says About the State of the Gender Wage Gap

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But when it came time to receive her first salary as a professional basketball player, many fans—and women across the country in general—were shocked by the amount: $76,535. Glamour wrote, “The math is not mathing” and quoted a Twitter post that said Clark would qualify for low-income housing in San Francisco on that salary.

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HR Leaders Share How New Salary Transparency Laws Have Changed Everything

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As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Last year, Colorado enacted the Equal Pay for Equal Work Act — a law that requires employers to include salary ranges on their job postings. .

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As CEO Salaries Skyrocket More Than 25%, Financial Security Is Wavering For Workers

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A recent report reveals median employee pay did not keep pace with inflation in 2021. The gap between CEO and employee salaries continues to expand, despite overwhelming backlash from low wage employees. . million salaries while the median worker received $23,968, the report revealed. .

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Greece Bucks Trends, Extends Workweek To 6 Days

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DW reports that Greece’s GDP growth is projected to surpass the eurozone average — with expectations of 2.2% A critical aspect of these reforms is to combat undeclared work — which is reported to be prevalent in sectors with labor shortages. By doing so, Greece hopes to address its skilled labor shortage and improve productivity.

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Apple Faces Major Gender Pay Discrimination Lawsuit

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Jong and Salgado, both long-time employees of Apple, argue that the company’s methods for determining starting salaries — initially based on compensation history and later on salary expectations — have entrenched gender-based pay gaps. For instance, similar claims against Oracle Corp.

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Is Portugal’s Housing Market the Unintended Victim of a Digital Nomad Boom?

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The disparity between foreign income and local Portuguese salaries could increase social inequality and lead to labor shortages in key industries as many professionals will not be able to afford living in major cities. If this situation remains unchecked, there may be a push for stricter regulation of digital work and international investment.

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Walmart Announces Bonus Program for 700,000 Hourly Workers

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The proposal has also raised questions about CEO Doug McMillon’s salary , which is reported to be 933 times more than the company’s median employee. This new initiative includes employees at pharmacy and Vision Center stores and shows how the largest employer in the U.S. As the U.S.

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