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Workspan Daily
10/06/2023
Types of Bonuses When base salaries are more constrained due to the state of the economy, companies sometimes give out performance-based bonuses to help make up for those tighter salary budgets in order to remain competitive.
Author(s):
Workspan Daily
02/13/2025
Dependent on region and employer type
$15.50 or $16.50 (depending on region, employer type)
North Carolina
$2.13
$5.12
$7.25
North Dakota
$4.86
33% of applicable min wage ($2.39)
$7.25
Ohio
$5.35
$5.35
$10.70
Oklahoma****
$2.13
$5.12
$7.25
Oregon
$14.70 (covers most regions)
—
$14.70 (covers most regions)
Pennsylvania
$2.83
$4.42
$7.25
Rhode Island
$3.89
$11.11
$15.00
South Carolina**
$2.13
$5.12
$7.25
South Dakota
$5.75
50% of applicable min wage ($5.75)
$11.50
Tennessee**
$2.13
$5.12
$7.25
Texas****
$2.13
$5.12
$7.25
Utah****
$2.13
$5.12
$7.25
Vermont
$7.00
$7.01
$14.01
Virginia
$2.13
$10.28
$12.41
Washington
$16.66
—
$16.66
West Virginia
$2.62
70% of applicable min wage ($6.13)
$8.75
Wisconsin
$2.33
$4.92
$7.25
Wyoming
$2.13
$5.12
$7.25
* = State will increase minimum wage by $1 every year on Sept. 30 until it reaches $15.00 on Sept. 30
Author(s):
Workspan Daily Plus+
03/04/2025
The following list illustrates some of the most common bonus types that can be applied strategically to the general workforce.
Author(s):
Workspan Daily
06/07/2024
UPI reported that during a routine compliance review, the Department of Labor’s Office of the Federal Contract Compliance Programs found that the heavy equipment manufacturer discriminated against Blacks who applied for fabrication specialist/welder positions at the Decatur facility from March 30, 2018, to March 30, 2020.
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Journal Article
03/01/2021
Telework has compelled corporations to deal with empty office spaces, requiring them to reduce headcount for certain types of work.
Author(s):
Workspan Magazine
11/23/2021
Compensation Structure Taking a closer look at the structure of the CEO compensation package in businesses listed in Europe, the median weights of components are: base salary, 30%; short-term incentives, 30%; and long-term incentives, 40%.
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11/13/2023
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07/04/2022
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