Fact of the Month: Minimum Wage Hikes Boost Real Income and Spending

April 4th, 2016

Fact of the Month: Minimum Wage Hikes Boost Real Income and Spending

A recent study by the Federal Reserve Bank of Chicago concluded that, during the quarters following a $1 minimum wage hike, real spending by households with at least one minimum wage earner increases by $700 per quarter.

Source: Federal Reserve Bank of Chicago

Ante Up! Build a Compensation Strategy that Attracts, Retains and Rewards Great People

April 4th, 2016

Across the nation, minimum wage is on the rise. Job creation and candidate shortages are on the rise, too. If you’re serious about attracting — and keeping — top talent, it may be time to take a hard look at your compensation strategies.