Minimum wage

This year alone, minimum wages increased in 19 states and dozens of cities and counties, reflecting a broader national shift toward higher baseline pay.

She also reiterated a call to end taxes on tips for service and hospitality workers, a proposal Trump made first.

Nearly half the states are increasing their minimum wages this year, boosting the pay of an estimated 9.9 million workers, according to the Economic Policy Institute.

Senate Democrats are jettisoning a proposal to penalize corporations that don’t raise the minimum wage for their lowest-paid workers in an effort to keep President Biden’s broader stimulus plan on track.

A fresh initiative in the U.S. Senate to put a tax penalty on big companies as a way of forcing higher minimum wages prompted a skeptical reaction among economists including a top adviser to former President Barack Obama.

Two Senate committee chiefs are looking at ways to raise taxes on companies paying workers less than $15 an hour, as part of a new strategy to include President Joe Biden’s push to boost the minimum wage to that level in his COVID-19 aid bill.

Senate Majority Leader Chuck Schumer is weighing adding a provision to the $1.9 trillion COVID-19 relief plan that would put a penalty tax on big companies that don’t pay workers at least $15 an hour, a Democratic aide said on condition of anonymity.

Weekly earnings at small businesses continued to increase in January, while job growth went up only slightly.

All but the smallest firms have to follow the same rules as giant corporations.

Wage growth and hours worked climbed at small businesses in July, although the rate of job growth dipped slightly, according to Paychex.

The legislation would gradually raise the minimum wage by 2025 from its current level of $7.25 but is unlikely to advance in the Senate.

The South is continuing to lead among the regions in terms of employment growth, while the West stayed on top for hourly earnings growth.

Small-business job growth remained relatively consistent in April, but hourly earnings growth moderated slightly, according to payroll giant Paychex.

The rate of job growth at small businesses slowed in March, but wage growth continued at a healthy pace, according to payroll giant Paychex.

While you may have “nanny taxes” covered for your clients who have hired household help, there may be other compliance problems, including fines

Small-business job growth remained consistent in February with the previous month, but hourly earnings growth increased slightly over January, according to a new report from payroll giant Paychex.

There was a continuing decrease in the rate of growth in both small business jobs and wages last month.

Employment growth at small businesses tempered slightly in April, although wage growth continued to show signs of improvement, according to payroll giant Paychex.

Job growth at small businesses dipped slightly last month, according to payroll giant Paychex, although the pace of wage growth saw some gains.

Despite recent tax cuts and minimum wage increases, some companies may be slackening their hiring and raises.