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  2. Employee compensation in the United States - Wikipedia

    en.wikipedia.org/wiki/Employee_compensation_in...

    Wages adjusted for inflation in the US from 1964 to 2004 Unemployment compared to wages. Wage data (e.g. median wages) for different occupations in the US can be found from the US Department of Labor Bureau of Labor Statistics, [5] broken down into subgroups (e.g. marketing managers, financial managers, etc.) [6] by state, [7] metropolitan areas, [8] and gender.

  3. Illinois drops to No. 39 in wages for entry level workers - AOL

    www.aol.com/news/illinois-drops-no-39-wages...

    Illinois is perhaps the most interesting state,” the report said. “It had the highest entry level hourly wage in 1935 at $0.67/hour, but by 2024 its starting hourly wage was 39th in the ...

  4. Prevailing wage - Wikipedia

    en.wikipedia.org/wiki/Prevailing_wage

    There are also 32 states that have state prevailing wage laws, also known as "little Davis–Bacon Acts". The rules and regulations vary from state to state. As of 2016, the prevailing wage requirement, codified in the Davis–Bacon Act, increases the cost of federal construction projects by an average of $1.4 billion per year. [3]: 1

  5. Compensation and benefits - Wikipedia

    en.wikipedia.org/wiki/Compensation_and_benefits

    Compensation and benefits refer to remuneration to employees from employers. Which is the payments or rewards provided to an individual for the work that has been completed. Compensation is the direct monetary payment received for work performed, commonly known as wages. This is the compensation that employees earn for their work or ...

  6. List of U.S. states and territories by median wage and mean ...

    en.wikipedia.org/wiki/List_of_U.S._states_and...

    Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [ 2 ] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings.

  7. Minimum Wage in Illinois 2022-2025 - AOL

    www.aol.com/minimum-wage-illinois-2022-2025...

    On Jan. 1st, 2023, the minimum wage in Illinois will increase to $13 an hour, with a tipped minimum wage of $7.80 an hour. This continues a trend of raising the state’s minimum wage by one ...

  8. Labor union asks Mississippi State University to improve ...

    www.aol.com/labor-union-asks-mississippi-state...

    The Mississippi State University chapter of the United Campus Workers of Mississippi held a rally and other events to advocate for fair wages and other employee benefits.

  9. Two-tier system - Wikipedia

    en.wikipedia.org/wiki/Two-tier_system

    The employer wishes to reduce overall wage costs by hiring new employees at a wage less than the wage of incumbent workers. [1] [2] A much less common system is the two-tier benefit system, which extends certain benefits to new employees only if they receive a promotion or are hired into the incumbent wage structure. [3] [4] [5]

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