Household income

Editorial staff win big wage gains at National Post

Retrieved on: 
Tuesday, July 20, 2021

Unionized employees ratify first collective agreement after years of frozen wages

Key Points: 
  • The deal means newsroom salaries will increase an average of 8.25 per cent over the two-year agreement after years of a prolonged wage freeze.
  • National Post journalists can now claim cash overtime, file grievances for binding arbitration, pursue editorial integrity issues, exercise seniority rights, and receive enhanced termination pay and severance in the case of layoffs, among a long list of improvements.
  • "The members wanted to address low wages, job security, diversity, benefits, and editorial integrity."
  • Unifor is Canada's largest private-sector union with more than 315,000 members in all sectors of the economy, including media.

Payslip announces expanded leadership team, hiring spree amid strong business growth

Retrieved on: 
Monday, July 19, 2021

Prior to that, he excelled in a number of specialist finance areas, including corporate finance, corporate restructuring, and assurance.

Key Points: 
  • Prior to that, he excelled in a number of specialist finance areas, including corporate finance, corporate restructuring, and assurance.
  • Prior to that, she was Chief Operation Officer at Vearsa Ltd, leading the company's process transformation to deliver 100%+ year over year growth.
  • Their energy, excitement and determination to build impact fits very well in our Payslip culture that drives our continued growth and innovation," said Fidelma McGuirk, Payslip Founder and CEO.
  • Payslip's rapid expansion results from a record year of growth for the company, which saw a nearly 100% increase in employee headcount, 40% revenue growth, and 25% quarterly customer growth.

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

Retrieved on: 
Thursday, July 8, 2021

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.

Paycom Launches BetiTM, an Industry-First Employee-Driven Payroll Solution

Retrieved on: 
Tuesday, July 6, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210706005447/en/
    Beti is the industrys first self-service payroll technology, allowing employees to do their own payroll.
  • (Photo: Business Wire)
    Paycoms BetiTM (Better Employee Transaction Interface), an enhancement to the companys existing payroll offering, further automates and streamlines the payroll process by empowering employees to do their own payroll, increasing efficiencies and reducing errors.
  • Employees already manage all other components of their paychecks, including timecards, expenses, PTO requests and benefits; now they have the convenience within Paycom to process their own payroll, too.
  • As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment.

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

Retrieved on: 
Tuesday, July 6, 2021

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.

OneSource Virtual's New Payroll Card Gives Businesses and Employees Access to a Flexible Payroll Solution

Retrieved on: 
Thursday, June 17, 2021

Nearly half of all companies still issue paper paychecks to a percentage of their employees, and 20% of the American population is underbanked.

Key Points: 
  • Nearly half of all companies still issue paper paychecks to a percentage of their employees, and 20% of the American population is underbanked.
  • OSV's payroll card, enabled by Money Network, a subsidiary of Fiserv, answers a real need by helping businesses achieve increased electronic pay and helping underbanked employees save time and avoid costs associated with cashing paper checks.
  • For maximum flexibility, companies may choose OSV's myFlexPay Plus solution, which combines the advantages of OSV's new payroll card with its earned wage access solution.
  • Employees with access to myFlexPay Plus enjoy all the benefits of both services, along with reduced transaction fees when using the payroll card to access their earned wages instantly.

Nearly 40 Percent of Americans with Annual Incomes over $100,000 Live Paycheck-to-Paycheck

Retrieved on: 
Tuesday, June 15, 2021

This inaugural report finds that a majority of Americans (54 percent), including individuals across a broad spectrum of income and age, are living paycheck-to-paycheck.

Key Points: 
  • This inaugural report finds that a majority of Americans (54 percent), including individuals across a broad spectrum of income and age, are living paycheck-to-paycheck.
  • While it's true that those who earn less are more likely to struggle financially, the results across all income brackets are staggering:
    Nearly 40 percent of those with annual incomes over $100,000 live paycheck-to-paycheck, including 12 percent struggling to pay their bills.
  • Fifty-three percent of those who make between $50,000 and $100,000 annually live paycheck-to-paycheck, with 18 percent struggling to pay their bills.
  • Seventy-two percent of those who make less than $50,000 per year live paycheck-to-paycheck, with 33 percent struggling to pay their bills.

Georgia Power offers its top 10 energy-saving tips to help lower summer bills

Retrieved on: 
Thursday, June 10, 2021

The company is offering its top 10 tips to help customers keep their homes cool and reduce the impact of the hot weather on power bills.

Key Points: 
  • The company is offering its top 10 tips to help customers keep their homes cool and reduce the impact of the hot weather on power bills.
  • In addition to these tips, tools and resources, Georgia Power also offers multiple rate options to fit customers' budgets and lifestyle, and a variety of resources to provide bill payment assistance.
  • Georgia Power can help customers save money and energy during the heat of summer, and throughout the year.
  • Georgia Power focuses on delivering world-class service to its customers every day and the company is recognized by J.D.

Puttery Now Hiring for its First Two Locations in The Colony/Dallas and Charlotte

Retrieved on: 
Tuesday, June 8, 2021

Anchored by multiple bars and lounges, Puttery will be the first and natural choice for going out and having a great time.

Key Points: 
  • Anchored by multiple bars and lounges, Puttery will be the first and natural choice for going out and having a great time.
  • Puttery will feature an upscale food and beverage menu specially curated by its own chefs and craft-spirits specialists.
  • Available positions in The Colony/Dallas Puttery location include bartenders, servers, concierge hosts, line cooks, dishwashers and many more.
  • The new 18,000 square-foot Puttery venue in Charlotte, North Carolina is located at 210 Rampart Street.

Survey Shows Support For Workplace Savings Reforms; 71% Of DIFC Employees Confident Of Getting Gratuity

Retrieved on: 
Tuesday, June 8, 2021

Two-thirds were also confident that they knew how their gratuity worked, as well as what it meant for them financially.

Key Points: 
  • Two-thirds were also confident that they knew how their gratuity worked, as well as what it meant for them financially.
  • Additionally, around 30% of respondents across the UAE have either only a basic level of awareness about their gratuity, or are completely unaware of their gratuity.
  • Moreover, 35% of UAE respondent employees were either "not very" or "not at all" confident about receiving their gratuity payment when the time came.
  • Meanwhile, the survey also highlighted the savings gap between expatriate and other employees in the UAE.