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The staggering economics of Major League Baseball
A new season of Major League Baseball begins this week, after a busy and lucrative winter that saw just 10 players awarded a total of over $2 billion in contracts. What’s behind these huge numbers for superstars, and where does…
The stock market boom has given CEOs a raise. What about average workers?
The pay increases CEOs and other company executives have see over the past decade has come mostly from stocks that are part of their compensation packages.
Does being paid hourly vs. yearly change how you save?
According to a well-established psychological theory known as “construal theory,” the answer is yes.
Reddit CEO Ellen Pao bans salary negotiations
Ellen Pao may have lost a Silicon Valley gender discrimination suit on all four accounts, but she isn’t backing down on a mission to increase gender equality in the tech world.
With a scheduled pay increase on the horizon, members of the House of Representatives have proposed another freeze on congressional salaries. The automatic cost-of-living bump would have raised lawmakers’ salaries by 1.6 percent, totaling an additional $2,800…
Airport workers in suburban Seattle take on living wage debate at the ballot box…
Between food, housing and baby supplies, Shenita Simon struggles each week to support her family of seven. The 25-year-old from New York makes $8 per hour and is one of the fast food workers nationwide advocating for higher wages. Hari…
Median executive compensation has more than quadrupled over the last four decades, even through the latest financial crisis. Margaret Warner explores how CEOs can still command such salaries and benefits in light of the recession with Michael Faulkender of the…
In Wisconsin, the contentious question of public vs. private sector pay has risen anew.
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