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Additionally, 16% of organizations report increasing the frequency of adjusting pay structures in the past 12 months and 67% of organizations reported they are adjusting base pay structures once per year, which is a five-percentage point increase from 2021.

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;Shifts in cash compensation include the prevalence of board-meeting fees declining by two percentage points to 4% and the prevalence of committee per-meeting fees declining by three percentage points to 5%.

Campbell Soup reportedly charges an extra $12.50 per week, or $650 per year, for insurance to those who use cigarettes, e-cigarettes, cigars and smokeless tobacco.

The federal minimum wage has remained at $7.25 per hour since July 2009, the last time Congress raised it.

Idaho: House Bill 486 , introduced April 3, bans noncompetes except in cases where employees earn more than $250,000 per year or are related to a business’ sale or dissolution.

During the program’s first six months, each participant meets with the coach once per week; after that, the cadence is about once or twice per month.

Anticipated Results from the Final Rule The FTC estimated the final rule will lead to new business formation growing by 2.7% per year, resulting in more than 8,500 additional new businesses created each year.

For instance: The minimum salary for executive or administrative employees in New York City is currently $1,200 per week ($62,400 annually) and is increasing to $1,237.50 per week ($64,350 annually) on Jan. 1, 2025.

Access a Workspan Daily article on this subject: Wage-and-Hour Compliance: You Are Either Fine or Fined; Prorating Part-Time Exempt Salaries The FLSA requires organizational employees in exempt positions to be paid a salary of no less than $684 per week to meet the salary-basis test.