Does the tax on your year-end bonus check seem high? Here’s why

Does the tax on your year-end bonus check seem high? Here’s why

Jgi/tom Grill | Tetra Images | Getty Images Does your year-end bonus look smaller than expected? Tax withholding is a likely culprit, but Uncle Sam may pay some back when you file an annual tax return, experts said. Bonuses are treated as taxable income, like wages in a typical paycheck. However, unlike wages, the IRS … Read more

Boston recently narrowed the city’s gender pay gap. Here’s how

Boston recently narrowed the city’s gender pay gap. Here’s how

Tomasz Szulczewski | Moment | Getty Images Women continue to make great strides in the workforce, achieving increasing levels of education, and advancing into senior leadership positions. However, the gender pay gap — the difference between the earnings of men and women — has barely budged in recent years. In the U.S., women who work full … Read more

Why American CEOs quit in record numbers during 2023

Why American CEOs quit in record numbers during 2023

American CEOs are leaving their posts in record numbers in 2023. While the “Great Resignation” may be over, it’s just beginning for CEOs, according to research by Challenger, Gray and Christmas. The firm found that more than 1,500 CEOs have left their posts so far in 2023, marking the highest number of departures since Challenger … Read more

Google, Meta, other tech giants cut DEI programs in 2023

Google, Meta, other tech giants cut DEI programs in 2023

AnitaB.org CEO Brenda Wilkerson speaks on a panel with Dr. Jackie Bouvier Copeland at the 2019 Grace Hopper conference. Shortly after the murder of George Floyd at the hands of Minneapolis police in 2020, Google was among many tech companies that set up new programs aimed at supporting Black employees. The goal, CEO Sundar Pichai … Read more

BlackRock, AIIB among backers of Asia-focused Seraya Partners Fund I

BlackRock, AIIB among backers of Asia-focused Seraya Partners Fund I

Wind turbine blades rotate in the tidal flat in Yancheng city, Jiangsu province, China, November 18, 2023. Nurphoto | Nurphoto | Getty Images Top global asset managers including BlackRock are among investors in an Asia-focused infrastructure private equity fund that raised $800 million, underscoring growing interest in the asset class amid market volatility. The Seraya … Read more

Lawmakers praise ‘ Wells Fargo branch union

Lawmakers praise ‘ Wells Fargo branch union

Spencer Platt | Getty Images News | Getty Images WASHINGTON — Democratic lawmakers on Thursday praised workers at a New Mexico branch of Wells Fargo for becoming the first branch of the nation’s fourth-largest bank to unionize. “Your success brings the fight for the Dignity of Work directly to Wall Street’s front door,” said Sen. … Read more

Remote company rents apartment in Spain where workers stay for free

Remote company rents apartment in Spain where workers stay for free

Some workers go to great lengths to hide hush trips from their bosses. But employees of the Polish company PhotoAid needn’t bother. The company, which helps travelers take their own passport photos at home, allows its employees to stay at an apartment in Spain for free — provided they work while they’re there. The apartment … Read more

UAW files labor practice charges against Hyundai, Honda, VW

UAW files labor practice charges against Hyundai, Honda, VW

United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers has filed unfair labor practice charges with the National Labor Relations Board against Honda Motor, Hyundai Motor and Volkswagen, accusing the automakers of unlawfully interfering … Read more

Singapore urges public to continue getting vaccinated as cases surge

Singapore urges public to continue getting vaccinated as cases surge

SINGAPORE — Singapore’s latest spike in Covid cases may be starting to peak — but the public needs to stay up to date on vaccinations, Health Minister Ong Ye Kung told CNBC on Thursday. Singapore reported 56,043 Covid cases in the week of Dec. 3 to 9, marking a 75% surge compared to the week … Read more

Southwest, pilots union near a preliminary labor deal

Southwest, pilots union near a preliminary labor deal

A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, May 7, 2023. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines and its pilots union are closing in on a new contract that would raise pay for the carrier’s more than 11,000 aviators and end months of contentious … Read more