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As reported by Bloomberg News , interns at Wall Street firms are getting bigger paychecks this year, as the finance industry seeks to attract more young people disillusioned by layoffs in tech.

This was one of several key messages the panel of practitioners conveyed to nearly 2,000 attendees in Tuesday’s opening session at WorldatWork’s Total Rewards’23 event in San Diego.

“Most Wall Street professionals will have to wait another year for a rebound,” said consultant Alan Johnson.

Key Takeaways ;Missouri Supreme Court Upholds $15 Minimum Wage, Paid Sick Leave; ;Wall Street Bonuses to Drop Amid Market Uncertainty;Failure to Pay OT Wages Costs California Employer $1.4M; ;Colorado Lawmakers Seek to Scale Back AI Law; ;Spain Moves Ahead to Reduce Workweek to 37.5 Hours; Missouri Supreme Court Upholds $15 Minimum Wage, Paid Sick Leave Missouri’s Supreme Court voted on Tuesday, April 29, to uphold Proposition A , which will raise Missouri’s minimum wage to $15 per hour and enact statewide paid sick leave.

Key Takeaways States Decide Key Ballot Measures on Minimum Wage, Paid Sick Leave;NLRB Rules Captive Audience Meetings Are Unlawful;Report: Wall Street Bonuses Will Rise for the First Time Since 2021;Southwest Offering Buyouts to Airport Workers;Boeing Will Repay Furloughed Staff, Proceed with Job Cuts; States Decide Key Ballot Measures on Minimum Wage, Paid Sick Leave The 2024 elections have concluded, and employers may want to keep an eye on the outcomes of several key state ballot measures that likely will have significant implications for wage policies, employee benefits and compliance requirements, according to employment law firm Ogletree Deakins .

With this in mind, a group of HR and rewards leaders at a few of the largest organizations in the United States were part of a panel discussion moderated by WorldatWork CEO Scott Cawood to kick off the second day of the “ Rewards ’22 ” event in Atlanta on Tuesday.

Goldman Sachs Group Inc. is considering another round of job cuts amid a muted dealmaking environment that has dented revenues across Wall Street, Bloomberg News reports .

For WorldatWork Members Health Insurance Selection Checklist for Employees , Workspan Daily Plus+ article;5 Ways You Can Reduce Workers’ Open Enrollment Regret , Workspan Daily Plus+ article;Total Rewards Inventory of Programs & Practices , research; For Everyone Mercer: Health Benefit Cost Jump Will Hit 15-Year High in 2026 , Workspan Daily article;Business Group on Health Predicts 9% Higher Healthcare Costs in 2026 , Workspan Daily article;A Prescription for Rising Drug Costs , Workspan Daily article; An advisory panel within the U.S.

South Carolina House Bill 3450 , introduced Jan. 10, 2023 (eventually died in committee); reintroduced as House Bill 4850 , introduced Jan. 10, 2024 (eventually died in committee); reintroduced as House Bill 3793 , introduced Jan. 28, 2025; referred to Ways and Means Committee Current version of legislation still being polished in committee; previous version also proposed to exempt up to $2,500 in annual bonus pay from being taxed.

More than 4,500 people died in England in 2022 due to high temperatures, which was the largest figure on record, reported The Guardian .