Costco to raise starting hourly wage to $16, end hazard pay
The starting wage scale puts Costco above competitors, including Amazon, Target and Best Buy, which have $15 minimum wages.
The starting wage scale puts Costco above competitors, including Amazon, Target and Best Buy, which have $15 minimum wages.
The president has seemingly undermined the push to raise the minimum wage by acknowledging its dim prospects in Congress, where it faces political opposition and procedural hurdles.
The Brookings Institution report, “Indiana GPS: Strategies for Resilience,” identifies job growth, wages and technology as areas for improvement in the state’s economy.
The report comes as senior Democrats debate whether to include raising the federal minimum wage in a budget resolution that is largely designed to help the sputtering economic recovery.
Wages and benefits for U.S. workers rose in the last quarter of the year, putting all of 2020 in somewhat of a normal range as the pandemic continued to rankle the economy.
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.
Indianapolis city-county government has work to do recruiting and retaining more minority employees—particularly Hispanic workers—if its staff is going to reflect the population it works for.
The project, which includes plans for a $125 million expansion of the Indiana Convention Center, would also create 2,500 construction jobs before completion in 2025.
Raises will go to workers at Amazon’s warehouses, delivery centers and Whole Foods grocery stores, all of whom make at least $15 an hour.
Government figures show that after more than a decade of economic growth—the longest expansion on record—Americans are finally earning what they did two decades ago once inflation is taken into account.
Gradually raising the federal minimum wage to $15 an hour would boost pay for as many as 27 million workers, but it could also cost as many as 3.7 million jobs by 2025, according to a report released Monday from the nonpartisan Congressional Budget Office.
White adults in Indianapolis on average outearn black adults whether both groups were born to poor, middle class or wealthy parents.
The online retailer upped its minimum wage to $15 and raised other warehouse wages by $1 per hour, but employees learned Wednesday that there’s a tradeoff.
The retail behemoth will begin paying a minimum wage of $15 per hour in November, but local non-Amazon employers say they have strategies of their own for attracting and retaining workers.
The pay gains suggest that employers are increasingly competing for a limited pool of workers. Raises stemming from minimum wage increases in 18 states also likely boosted pay last month.
Rep. Linda Lawson and Sen. Jean Breaux are working together this session to pass legislation that would hold employers accountable for permitting a wage gap between male and female workers.
Employers added 156,000 jobs in August, enough to suggest that most businesses remain confident in an economy now in its ninth year of recovery. Pay raises are still meager, however.
Seattle-based Amazon employs more than 9,000 full-time workers at its five Indiana fulfillment centers, four of which are in central Indiana—with plans to add more positions.
The unemployment rate hit a nine-year low in November, although mainly because many people stopped looking for jobs and were no longer counted as unemployed.
An estimated 87,000 Hoosier workers will be affected by the change, which means companies could be making significant workforce investments as they weigh expensive compliance choices.