The move marks the largest expansion in federal overtime eligibility seen in decades. Critics said the regulation could saddle companies with new costs and add to persistent labor challenges.
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It’s been more than six months since the U.S. Department of Labor announced a proposed new rule to the Fair Labor Standards Act that would extend overtime pay to 3.6 million salaried workers. Whenever the final rule is published, it’s expected to spur immediate legal challenges.
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The contract, which Indianapolis Education Association members voted to ratify last month, bumps starting pay in the district from $50,400 to $51,900 in 2023-24, and raises it again in 2024-25.
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Employees at Honda’s Indiana Auto Plant in Greensburg are among those who will qualify for raises.
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Indiana University and many other schools are facing an unprecedented dilemma—pay players market value or risk becoming less competitive on the field. In Bloomington, the solution appears to be running a leaner department.
Due to a law created in 1938, some employees with disabilities can be paid well below the federal minimum wage of $7.25 an hour.
Indiana’s incoming dollars have slowed to pre-pandemic levels. Budget writers have urged their fellow lawmakers to tighten funding requests and prepare for a lean two-year cycle.
Even without the controversial compensation deal—the highest CEO pay package in history—Musk remained the world’s richest person after Monday’s decision.
Raising base salaries for teachers was a key focus of Gov.-elect Mike Braun’s platform during the governor’s race, but anxiety about the state budget might be a roadblock.
Trade groups argued the move would harm businesses and lead to costs that would potentially force employers to cut jobs or limit their workers’ hours.
The Metropolitan School District of Lawrence Township will lift pay for its roughly 1,000 teachers and its administrators.
Nearly all—98%—of Hoosier school districts gave teachers a raise last year, benefitting about 92% of educators statewide, the report indicated.
Across Indianapolis city-county government, 166 employees earn less than $18 an hour, the benchmark that some groups consider a living wage, including the city’s economic development arm.
Trends in CEO compensation generally mirror those of the stock market, in part because pay packages for chief executives have largely been tethered to stock performance for five decades.
The Carmel City Council on Monday night heard an introduction of an ordinance that would provide raises in 2025 for the city’s mayor, judge, clerk and council members.
U.S. District Judge Claudia Wilken released an order setting a timeline for a deal that would put millions of dollars into the pockets of college athletes.
The Indianapolis City-County Council on Monday evening voted to approve two tweaked proposals: one that increases long-stagnant countywide elected official pay and the other requiring councilors to fill out more in-depth, publicly available disclosure forms.
Employees will start receiving Prime, Amazon’s speedy shipping and video subscription service, as part of their compensation beginning early next year, the company said.
City-County Council President Vop Osili has authored a proposal to elevate the Indianapolis mayor’s annual salary by 31%, as well as increase salaries for seven other elected positions.
Eliminating federal taxes on tips has suddenly emerged as just about the only idea that former president Donald Trump and Vice President Kamala Harris agree on—but experts say the proposal won’t have a big impact for most workers.
The federal antitrust cases was filed this week by former TCU baseball player Riley Cornelio and seeks class-action status for college baseball and hockey players.
Information is the key to a confident and successful negotiation for both sides, experts say.
Higher wages and benefits are good for employees, but slower pay growth will likely reassure Federal Reserve officials that inflation is steadily falling back to their 2% target.
The court, in the latest challenge to the Indianapolis-based NCAA’s long-held notion of “amateurism” in college sports, said a test should be developed to differentiate between students who play college sports for fun and those whose effort “crosses the legal line into work.”
