How Do Minimum Wage Increases Affect Financial Employees and Unemployment?Banks and credit unions should prepare their salary budgets for a minimum wage increase. We compare the highest minimum wage states to the highest unemployment states.
The 2080 hours lie that’s keeping HR in the passenger seatBasing hourly wages on 52 weeks or 2080 hours a year is a misleading oversimplification that we’ve all fallen for. Albeit a seemingly minor one, it’s a mathematical error that could be costing your budget thousands of dollars every year. If it were up to us, we would change the game and stop using 2080 […]
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