2016 and onwards:
Find out what prices are in your neighbourhood and we will tell you your living wage.
Some facts: when federal and state law have different minimum wage rates, the higher standard applies. And tipped workers: your overtime hourly rate can never be less than your minimum wage. Check our minimum wage section.
04/02/15 - McDonald's is raising the minimum wage and introducing paid time off for 90,000 employees in company-owned stores. The new wage hike of $1 above the local legal minimum wage will go into effect on July 1, 2015. By the end of 2016, the company predicts minimum wage at company-owned restaurants will be at least $10 an hour. Full- and part-time employees at company-owned restaurants, with at least one year of service, will begin to accrue personal paid time-off. For example, an employee who works an average of 20 hours per week will be eligible to accrue approximately 20 hours of paid time off per year. If these employees don’t take the time off they’ve earned, they will be paid for the value of that time.
03/06/15 - Women may be graduating from U.S. colleges faster than men (3:2), but American women still earn just 77 cents for every dollar that men earn, and fill only 14% of Fortune 500 boardroom seats, according to Forbes. Nothing has changed in 20 years, and at the current rate of change, there won’t be pay equity between women and men for another 70 or more years, warns ILO. SEVENTY YEARS! We don't want that. This years theme of International Women's Day 2015 is Make it Happen: so let's close the gender pay gap. Know what you are worth and ask for that pay raise!
02/19/15 - Walmart announced that 500,000 full-time and part-time associates, more than a third of its work force at Walmart U.S. stores and Sam's Clubs, will receive pay raises in April to at least $9 an hour. By next February 1, 2016 their pay will go to at least $10 an hour. Once the company's starting pay becomes $9 an hour in April, the average pay for full-time retail workers there will be about $13 an hour.
04/15/15 - Dan Price, C.E.O. of the Seattle based start-up Gravity Payments, surprised his 120-person staff by announcing that he planned over the next three years to raise the salary of every employee to $70,000 a year. He will pay for the wage increases by cutting his own salary from nearly $1 million to $70,000 and using 75 to 80 percent of the company’s anticipated $2.2 million in profit this year. Price said told the Times he was motivated to make the radical change after reading a study about how much pay raises increase happiness for people making less than $70,000 a year.
Home care worker, you might be covered for overtime pay, but there is a loophole, called the "companionship exemption"! Check at Paywizard if you are covered!
Women continue to be better represented in the workforce, but the gender pay gap isn't closing. Women earn 29% less than men and in supervisory positions they even earn up to 42% less. Read more about our latest report on the Gender Pay Gap.
An increasing number of professionals are interested in opportunities outside the U.S. And it's not the typical globetrotter - young and unattached - looking for work overseas. So don't rule yourself out. Check here your Salary Overseas.