Indianapolis Public Schools to raise starting salary for teachers to $50,400
The hike is part of a two-year union contract approved Thursday that will give an average 3% raise for teachers this school year and another 3% next year.
Compensation
Articles
Wages jump by the most on records dating back 20 years
The data further illustrates the rising leverage workers have gained in the job market this year, and they are commanding higher pay, more benefits, and other perks like flexible work hours.
Personal injury lawyer suing Indy firm for allegedly withholding compensation
The attorney is suing her former firm, Hensley Legal Group, alleging she is owed money under a fee-sharing contract.
Indianapolis Public Schools teachers could get 3% raises this year and next
The school board also approved a separate agreement that will award support staff a 2% raise this year. Both agreements are retroactive to July and signal an end to two years of more significant pay increases intended to make up for years of frozen salaries.
For first time, average hourly pay for supermarket, restaurant workers tops $15
Wages have been rising rapidly as the economy reopens and businesses struggle to hire enough workers. Some of the biggest gains have gone to workers in some of the lowest-paying industries.
Colts lock up Darius Leonard with NFL’s richest linebacker contract
The two-time All-Pro agreed on Sunday to a five-year contract extension that tops the five-year, $95.225 million contract Fred Warner recently signed with San Francisco, according to a person with knowledge of the deal.
Supreme Court sides with former athletes in dispute with NCAA
In a ruling that could help push changes in college athletics, the high court on Monday unanimously sided with a group of former college athletes in a dispute with the NCAA over rules limiting certain compensation.
CEO pay at public companies rises even as pandemic ravages economy
The median pay package for a CEO at an S&P 500 company hit $12.7 million in 2020. That’s 5% more than the median pay for that same group of CEOs in 2019.
Former Lilly CFO Smiley to lose millions of dollars under separation agreement
Josh Smiley, Lilly’s CFO since 2018, resigned from the company after the drugmaker said he had engaged in a improper personal relationship with an employee.
IU graduate students sign pledge to withhold student fees
Members of the Indiana Graduate Workers Coalition, which drafted the pledge, say student fees have increased every year since 2011, while graduate students’ stipends have largely remained the same, amounting to a pay cut.
Push for Indiana minimum wage increase likely stalled again
A Democratic-backed proposal that would unlink Indiana from the current federal minimum wage that’s remained at $7.25 an hour since 2009 is unlikely to get traction in the General Assembly.
Emmert: NCAA still expecting to get pay issue done in 2021
NCAA President Mark Emmert’s remarks came during his state of college athletics address at the NCAA’s annual convention, which is being held virtually this week because of the COVID-19 pandemic.
Woman denied higher salary because husband had job wins court reversal
A Muncie teacher who sued her employer after being told that her starting salary didn’t need to be higher because her husband had a job has secured a reversal in her favor on her pay-discrimination claims.
Can IU keep Coach Allen when big schools call?
The much-beloved leader of the No. 7-ranked Hoosiers has become the hottest coaching commodity in college football, and the headhunters are circling.
U.S. Supreme Court agrees to hear NCAA athlete compensation case
The U.S. Supreme Court on Wednesday agreed to review a court decision that the NCAA has said blurred “the line between student-athletes and professionals” by removing caps on education-related money certain football and basketball players can receive.
Teacher pay commission says $600M needed to address pay shortfalls
The Teacher Pay Commission released its findings Monday in a 183-page report that includes 13 recommendations for school corporations and 24 steps state government can take to improve teacher pay.
Study: Walmart, McDonald’s have most workers on food stamps, Medicaid
A sizable number of the recipients of federal aid programs such as Medicaid and food stamps are employed by some of the biggest and more profitable companies in the United States.
Pay cuts become permanent for many Americans during pandemic
The majority of workers who took a reduction as the virus brought the economy to a halt are still earning less than they were prior to the outbreak, according to a Pew Research Center study released Thursday.
McMillan gets rewarded by Pacers with 1-year contract extension
Coach Nate McMillan has a record of 181-136 in four seasons and needs one more win to break a tie with Rick Carlisle for third in career victories during the franchise’s NBA history.
For first time, a woman tops AP’s annual survey of CEO compensation
Women remained significantly underrepresented as CEOs on the list, heading just 5% percent of S&P 500 companies.