Wages and salaries

Payroll Group Offers Free Paycheck, Scholarships, Educational Tools During National Payroll Week

Retrieved on: 
Monday, September 6, 2021
Income statement, Payroll, Economy, Employment compensation, American Payroll Association, National Payroll Week, Wages and salaries, Paycheck, Comdata, Paychex, National Education Day, Tax withholding

National Payroll Week recognizes the contributions of America's 150 million workers and the payroll professionals who ensure they're paid accurately and on-time, every time.

Key Points: 
  • National Payroll Week recognizes the contributions of America's 150 million workers and the payroll professionals who ensure they're paid accurately and on-time, every time.
  • Visitors to the NPW website can access tools and resources to help them get the most out of their paychecks.
  • "National Payroll Week is the perfect time to take a step back and make sure you're getting the most out of your pay," said Dan Maddux, executive director of the APA.
  • National Payroll Week is sponsored by Diamond Sponsor ADP ; MMNED Sponsor Paychex ; Platinum Sponsors Ceridian , DailyPay , Fintwist by Comdata , Money Network , Netspend , rapid!

Wage Growth Among U.S. Job Switchers Increased 5.8 Percent Since June 2020 as Businesses Struggle to Attract Workers

Retrieved on: 
Wednesday, July 28, 2021
Wages and salaries, Articles, Macroeconomics, Wage Growth, Economy, Employment, Labor, United States labor law, Minimum wage

These dimensions include employment growth, job switching, wage growth and hours worked.

Key Points: 
  • These dimensions include employment growth, job switching, wage growth and hours worked.
  • In addition to the macro data presented in the report, there are also segment-specific findings by industry, state, gender, age, experience, and pay level.
  • Established in October 2014, the report methodology was updated in April 2018 utilizing monthly data to include additional data points and deeper insights.
  • The wage growth is calculated from the 12 month moving average of wage growth.

Why a living wage is key in combating wealth disparity

Retrieved on: 
Tuesday, July 27, 2021
Wages and salaries, Living wage, Wage

NEW YORK, July 26, 2021 /PRNewswire-PRWeb/ --The event "Why a living wage is key in combating wealth disparity" will be held on 10th of August at 12:00 pm UTC, 11:00 am London and 07:00 am New York.

Key Points: 
  • NEW YORK, July 26, 2021 /PRNewswire-PRWeb/ --The event "Why a living wage is key in combating wealth disparity" will be held on 10th of August at 12:00 pm UTC, 11:00 am London and 07:00 am New York.
  • The discussion will also include the topic of why a living wage is key in restoring dignity for all.
  • The concept of a living wage, or a desirable level of pay, is not new.
  • "Paying a living wage across an organisation is an ESG issue and an SDG Ambition Benchmark identified by the United Nations," says Faroze Nadar, executive director at UN Global Compact Network Malaysia.

Immedis Launches Automated Solution to Simplify and Streamline the Delivery of International Payments

Retrieved on: 
Monday, July 19, 2021
Professional services, Human resources, Finance, Employment compensation, Expense, Payroll, Economy, Online payments, Wages and salaries

Immedis Pay streamlines global payments processing with end-to-end automation across the entire payment process.

Key Points: 
  • Immedis Pay streamlines global payments processing with end-to-end automation across the entire payment process.
  • Immedis Pay, the next step in the evolution of Immedis Treasury Services, is available immediately as a packaged solution with global payroll or as a standalone offering.
  • We created Immedis Pay to solve these problems and were thrilled to announce its now available to the market.
  • As the leader in global payroll solutions, Immedis delivers secure, compliant, zero-defect payroll and payments for multinational organizations.

CloudPay Announces Global Earned Wage Access Offering, Elevating the Modern Pay Experience

Retrieved on: 
Wednesday, July 14, 2021
Wages and salaries, Employment compensation, Economy, Finance, Earned Wage Access, Financial technology, Money, Cloud infrastructure, Payroll, Wage, Cloud computing

CloudPay NOW enables multinational organizations to offer earned wage access in advance of payday through a global technology solution.

Key Points: 
  • CloudPay NOW enables multinational organizations to offer earned wage access in advance of payday through a global technology solution.
  • On-demand pay also known as earned wage access enables workers to tap into their own pay balance as early as the day it is earned.
  • CloudPay NOW enables companies to deploy on-demand earned wage access as a global benefit to support employee wellbeing and retention."
  • CloudPay NOW is fully integrated with CloudPay's global payroll and treasury solutions, allowing CloudPay to deploy this new earned wage access product across 130+ countries.

Locally Led Bridgewater Bank Raises Minimum Wage to $20 Per Hour

Retrieved on: 
Tuesday, July 13, 2021
Banking, Other Professional Services, Professional services, Finance, Economy, Wages and salaries, Labor, Minimum wage law, Income distribution, Minimum wage, Articles, Wage, Minimum wage in the United States, Tipped wage

Bridgewater Bank, a leading Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs and a subsidiary of Bridgewater Bancshares, Inc. (Nasdaq: BWB), announced today that it has raised its minimum wage to $20 per hour for all regular, full-time employees, effective August 1, 2021.

Key Points: 
  • Bridgewater Bank, a leading Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs and a subsidiary of Bridgewater Bancshares, Inc. (Nasdaq: BWB), announced today that it has raised its minimum wage to $20 per hour for all regular, full-time employees, effective August 1, 2021.
  • Bridgewater Bank is believed to be one of the few local Minnesota companies to establish a $20 per hour minimum wage.
  • The change represents an 11 percent increase in the banks existing minimum wage and benefits 14 percent of its full-time employee base.
  • Minnesotas current minimum wage for large employers is $10.08 per hour, which is $2.83 higher than the federal minimum wage.

Salary Finance Rewards American Workers For Opening and Contributing to Savings Accounts

Retrieved on: 
Thursday, July 8, 2021
Professional services, Other Professional Services, Human resources, Finance, Consulting, Banking, Household income, Economy, Wages and salaries, Human resource management, Recruitment, Salary, Paycheck, Salary Finance, Chime Financial, Inc., SALARY FINANCE, CHIME FINANCIAL, INC.

Salary Finance will also uniquely pay workers to build their savings.

Key Points: 
  • Salary Finance will also uniquely pay workers to build their savings.
  • We are on a mission at Salary Finance to ensure millions of American workers are able to easily build savings from their paycheck, Dan Macklin, Chief Executive Officer, Salary Finance Inc, said.
  • Employees can set their Chime account up so that money automatically moves from salary to savings every pay period3.
  • Salary Finance is a Founding Member of Conscious Capitalism's Senior Leader Network, and a member of the American FinTech Council.

APS Announces Partnership with Immediate EWA Solution

Retrieved on: 
Thursday, July 8, 2021
Income statement, Economy, Employment compensation, Labor, Wages and salaries, Human resource management, Earned Wage Access, Financial technology, Information systems, Payroll, Human resource management system, APS Payroll

SHREVEPORT, La., July 8, 2021 /PRNewswire-PRWeb/ -- Automatic Payroll Systems, Inc. (APS), a provider of best-in-class payroll and HR technology, has announced a strategic partnership with Immediate to provide employees with financial wellness benefits like earned wage access (EWA).

Key Points: 
  • SHREVEPORT, La., July 8, 2021 /PRNewswire-PRWeb/ -- Automatic Payroll Systems, Inc. (APS), a provider of best-in-class payroll and HR technology, has announced a strategic partnership with Immediate to provide employees with financial wellness benefits like earned wage access (EWA).
  • The Immediate solution provides employees with on-demand access to their earned but not yet paid wages through integrations with APS' payroll technology.
  • Based in Birmingham, Alabama, Immediate provides employers with a solution to offer their employees a better workforce experience.
  • Through our partnership with APS, we can provide our key financial services to employees in the education, healthcare, hospitality, food service, and non-profit industries," said Lindsey Seal, Vice President of Partnerships.

Congressional Inaction Could Cost Thousands in Social Security for Many, Says New Analysis From The Senior Citizens League

Retrieved on: 
Thursday, July 8, 2021
Wages and salaries, Taxation in the United States, Liberalism in the United States, Social Security, Wage, Government

"A flawed feature of the Social Security benefit formula could cause reductions, but Congress can prevent this from happening if it takes action soon," states Mary Johnson a Social Security policy analyst for The Senior Citizens League.

Key Points: 
  • "A flawed feature of the Social Security benefit formula could cause reductions, but Congress can prevent this from happening if it takes action soon," states Mary Johnson a Social Security policy analyst for The Senior Citizens League.
  • But BLS wage data can vary from the final wage data that employers report to the Social Security Administration.
  • With 1.2 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups.
  • The Senior Citizens League is a proud affiliate of The Retired Enlisted Association .

PayStubsNow creates new service for Pay Stub generation in under 2 minutes

Retrieved on: 
Tuesday, July 6, 2021
Wages and salaries, Household income, Paycheck, Payments, Economy, Stub, Money, Payroll

Generating a paystub can be a serious hassle and pure waste of time but with Pay Stubs Now, business owners, employees, and independent contractors can generate pay stubs in less than two minutes.

Key Points: 
  • Generating a paystub can be a serious hassle and pure waste of time but with Pay Stubs Now, business owners, employees, and independent contractors can generate pay stubs in less than two minutes.
  • A paystub (also known as pay slip or paycheck stub) is a document which outlines the details of an employee's pay within a pay period.
  • The contents of a pay stub include gross wages, employee taxes, deductions, employer contributions, employer taxes, and net pay.
  • Generate a pay stub in less than two minutes with Paystubsnow.com through the steps outlined below:
    3) Fill in necessary information.