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Step 1 in that rule called for covered organizations to ensure all employees who are classified as exempt from overtime make at least $43,888 in annual base salary ($844 per week) beginning on July 1 (up from the previous $35,568 annual [$684 per week] standard outlined in the DOL’s 2019 final rule ).

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Starbucks will increase wages for its hourly employees by at least 3% beginning Jan. 1, 2024, CBS News reports .

WorldatWork HRCI* SHRM** Credits 1 compensation domain-specific 1 1 *HRCI: This program has been approved for 1 (HR (General)) recertification credit hour toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through the HR Certification Institute.

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Jobs Growth Weakened in July; Prior Months Revised Downward Jobs growth in the United States was weaker than anticipated in July, and the previous two months were not as strong as originally categorized, according to data released Friday, Aug. 1 , by the U.S.

Payscale’s Gender Pay Gap Report found that in 2024, for every $1 that men make, women will earn 83 cents.