salary

Labor's Fall -- Not Oil's Rise -- Is Key to Inflation

Despite all the worry over the impact of rising oil prices, recall that the U.S. is now a largely services-based economy, and observe that the rising wages that have led to real overall cost rises in decades past are nowhere to be found today. Exhibit A is in Wisconsin.

State Governments Are Just Adding to Labor's Woes

American labor unions have been in decline for a half-century now -- and, currently, virtually the only large unions still growing are those in the public sector. Until now. Cash-strapped states are attacking unions where it hurts by trying to strip them of the right to collectively bargain.

Why a Little Inflation Is a Good Thing for Americans

Inflation has inched higher in the past six months, but that's not a danger sign, but rather a harbinger of improving economic conditions and a strengthening recovery. And that, in turn, should lead to higher wages and more hiring in the year ahead.

Inflation Warning: Should the Fed Raise Interest Rates?

It's no surprise that consumer prices are rising -- the prices of commodities from cotton to copper are near record levels, thanks to shrinking supplies and rising demand worldwide. The question is whether the Fed will raise rates to combat this price inflation -- and whether it should.

GM and Chrysler Will Pay Bonuses to Salaried Workers

Less than two years after they exited bankruptcy, Chrysler Group and General Motors will soon distribute bonuses to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers. The payout is likely to anger the companies' unionized workers.

The Impact of Better Teachers: $100 Trillion More in U.S. GDP

A new study says top-performing teachers turn out students who learn more than the students who had the worst teachers. And that extra learning has a huge impact on earnings -- and the nation's economy. Still, some educational experts say the study raises more questions than it answers.

U.S. Productivity Gains Are Good News for Everyone

It sometimes feels as if every piece of economic news comes with a qualifier. However, one statistic has had an unqualified, enduring positive run: the rise in worker productivity, which bodes well for investors, employees and -- eventually -- job-seekers.

Is a Degree From a Top College Worth the Price?

For years now, private college tuition has risen far faster than inflation, a fact that colleges have used a fancy theory called Baumol's Law to explain away. Unfortunately for families who pay over $200,000 to send a child to one of those schools, the comparative value of the education rarely justifies the higher price.

The Risks and Rewards of Payroll Cards

The era of receiving a paper paycheck is rapidly becoming as distant as the days when we relied on landlines for all our communication needs. To make...

Record Corporate Profits Are Coming Out of Workers' Hides

The Commerce Department reports that U.S. corporate profits have hit historic highs, so why isn't the GOP -- the party of business -- celebrating? After all, those profits are coming not from revenue growth -- which would benefit workers and executives -- but from cost cutting.

$4 Million Signing Bonus for New HP CEO Leo Apotheker

HP shares dropped more than 3% in premarket trading Friday, a day after the company named Leo Apotheker to replace Mark Hurd as CEO. And if investors aren't impressed with the choice of the former CEO of software giant SAP to lead HP, they're really not going to like his compensation package.

New Citigroup Hire Lands $30 Million Pay Deal

Citigroup%u2019s (C) newest energy banker Stephen Trauber could take home as much as $30 million over three years as part of his juicy new pay package with the bank. Trauber, whom Citigroup poached from Swiss bank UBS (UBS), landed himself the deal just months after pay czar Kenneth Feinberg ended his oversight of Citigroup%u2019s pay practices, The Wall Street Journal said. The U.S. taxpayer still owned 17.5% of Citigroup as of July.

Young Single Women Now Earn More Than Men

Young single women are earning more than their male peers in metropolitan areas around the U.S., according to an analysis of Census Bureau data released Wednesday. Some hope that the trend could eventually eliminate the male-female pay gap.

Pay Raises Are Smaller Than Expected This Year

Workers who got less of a raise than they anticipated this year aren't alone. A new Hewitt survey of large companies finds the nation's slack recovery has prompted many employers to rein in expenses, thereby reducing planned raises and bonuses.

Lawyers: New CEO Pay Disclosure Rule a 'Logistical Nightmare'

A new rule forcing U.S. companies to disclose the ratio between their chief executive%u2019s pay and that of the typical employee is a "logistical nightmare%u201D", lawyers say. "It%u2019s just not do-able for a large company with tens of thousands of employees worldwide," Richard Susko, a partner at Cleary Gottlieb told The Financial Times.

Five 'Impractical' Majors That Might Make You Rich

There aren't many surprises on the lists of which college majors tend to yield the lowest salaries. But what matters more than your major is what you do with your degree after you graduate. These courses of study may do poorly on average, but the skills they teach could turn you into a big winner.

Mailman delivering drugs?

Talk about a personal delivery! Gloucester, Mass. police say US Postal Service worker Stephen Hale, 30, sold OxyContin while on his mail delivery...

Room at the Top: CEOs Depart as Pay Declines

As compensation for chief executives declines for the second straight year in a row, turnover among U.S. corporate leaders starts to rise. While most CEOs stayed put in 2009, departures grew 10% in the first quarter of this year.

Glass ceiling: Women to blame?

A new study tells women that the difficulties they encounter advancing in the corporate world could be, at least partially, self-inflicted. No, you...