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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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Salary Transparency Laws Are Making their Way Across the U.S.

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17, employers in the state of New York will be required to disclose the minimum and maximum salary or hourly range on their job postings. with states like California, Washington, and Rhode Island also championing wage equality through similar legislation, as reported by Worklife. Starting this Sunday, Sept.

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Starbucks Threatens Jobs Of Employees Who Don’t Return To Office

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Starbucks is set to implement a new policy in January, requiring corporate employees to work from the office at least three days a week, with serious repercussions for non-compliance, according to the New York Post. In a recent statement, Starbucks emphasized its commitment to supporting leaders in enforcing the hybrid work policy.

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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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Labor Cost Growth Hits Three-Year Low

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The Fed last month launched its policy easing cycle with an unusually large half-percentage-point interest rate cut, the first reduction in borrowing costs since 2020. The Fed’s policy rate is now set in the 4.75%-5.00% range, having been hiked by 525 basis points in 2022 and 2023. Private sector wages and salaries rose 0.8%.

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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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Working Parents Say Ireland Employers Are Still Falling Short With Flexible Work Options

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Silicon Republic reports that the majority (71%) of respondents say access to flexible work arrangements is of great importance to them. More than four-fifths (82%) of respondents agreed that supportive policies enhance an employer’s public image, which also makes the company more attractive to potential job candidates.

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