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Pay Raises Expected to Slow in 2025 as Labor Market Cools

Pay Raises Expected to Slow in 2025 as Labor Market Cools

As the white-hot labor market of the past few years shows signs of cooling down, pay raises for U.S. workers in 2025 are projected to be slower than recent trends. Still, most employers will give salary bumps above the 3% threshold that has become the norm in the pre-pandemic economy. Latest Forecasts Slightly Lower Than […]
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Why It Can Pay to Have Uninsured Motorist Insurance

Why It Can Pay to Have Uninsured Motorist Insurance

Car insurance is a vital safeguard for drivers that is often legally required by states. Specifically, auto liability insurance (a standard component of a car insurance policy) can help pay for damages you cause to others in an accident, saving you from costly out-of-pocket expenses. For example, if you rear-end another car, your liability coverage […]
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Everything Employers Need to Know About Overtime Pay Rule Changes

Everything Employers Need to Know About Overtime Pay Rule Changes

The U.S. Department of Labor (DOL) recently implemented the first phase of a two-step update to overtime pay regulations under the Fair Labor Standards Act (FLSA) that will substantially impact American workplaces. As of July 1, 2024, the standard salary threshold for white-collar overtime exemptions rose from $35,568 per year to $43,888 per year, or […]
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