payroll

The MTA's payroll hits new $1.37B cost . . . and for what?

As city drivers brace for congestion-pricing tolls to take effect June 15, the MTA’s payroll hit a jaw-dropping $7.8 billion, while its overtime expenses hit a new record high last...

MTA's $7.8B payroll, $75M overtime payments hit record highs: watchdog

The MTA's payroll surged 9% in 2023, while its overtime spending climbed to a record $1.37 billion, according to newly released data from fiscal watchdog group the Empire Center.

Target doubling bonuses for its salaried employees this year: report

Target is reportedly doubling bonuses for its salaried workers this year in a display of financial strength -- despite a challenging year for the retailer during which it reported its...

$500,000 for a state-employed nurse!? No wonder NY's budget is off the charts

A psychiatric nurse for a state facility raked in nearly half a million thanks mostly to overtime pay — offering clues to New York's sky-high state budget.

Ten in-demand jobs with skyrocketing wage growth that will remain hot in 2024: analysts

The rates of growth that those top-ten jobs saw in their median pay in 2023 ranged from 18% to 24%.

New York's minimum-wage bump goes into effect — here's how much Big Apple workers will be making

New York's minimum-wage workers had more than just a new year to celebrate on Monday -- as the ball drop ushered in a series of annual pay bumps that took...

Mayor Adams needs to reassess pricey 'special assistants' while the city is cash-strapped

Mayor Eric Adams kept 293 "special assistants" on the payroll during his first fiscal year in office.

US adds 150,000 jobs in October, fewer than expected

The US economy added 150,000 jobs in October, proving that September's blowout payroll gains were only temporary as the Federal Reserve hedges on one more interest rate hike by the...

Luxury lingerie maker La Perla hasn't paid US employees in a month: sources

“We had assumed based on assurances that the funding would be available latest yesterday,” La Perla director Peter Shaefer wrote in a companywide email on Tuesday that was obtained by...

'Shelling out raises:' DOE blasted for pay hike to 'no-show' deputy accused of misconduct

Some city education leaders are fuming about fat raises given to two execs after an internal probe found they had committed misconduct -- and blasting the secretive way salary increases...

Pay for new hires is dwindling, workers being pressured to take pay cuts

Data compiled by ZipRecruiter showed that 35% of US workers who started a new job in the second quarter took a pay cut. And of 2,000 employers, nearly half said...

500,000 jobs could disappear in dramatic revision of US government data: report

JPMorgan economist Daniel Silver predicts that the job market is 500,000 positions weaker than what the Bureau of Labor Statistics' originally reported, meaning there are 40,000 fewer jobs per month...

Leaked Google pay data reveals fat salaries for tech giant's top engineers

Google's most lucrative staffers are level seven software engineers, who bring home base salaries of $718,000 and receive bonuses of up to $605,000 each year.

Fed launches new instant payment service that lets you send, receive money in seconds

Unlike peer-to-peer payments services like Venmo or PayPal, which act as intermediaries between banks, payments made via FedNow will settle directly in central bank accounts.

Fastest-growing job market? Government -- and that's a disaster

When counting downward revisions in hiring from the previous two months, the net employment gain was a meager 99,000 in the June report.

Train wreck: Dems want to derail Hochul payroll tax hike

Suburban Democratic lawmakers want to derail Gov. Hochul's controversial plan to boost the payroll tax on businesses to fund the beleaguered Metropolitan Transportation Authority – at least for their own...

NYC pay transparency law will spur demands for raises nationwide: experts

“When a current employee sees a new salary posted and they’re at the low end of the range, that’s going to raise some uncomfortable questions,” Freedberg told The Post.

Earn, baby, earn: These FDNY electricians make more than commissioner

A Post analysis of FDNY payroll records shows a dozen rank-and-file electricians and supervisor electricians relied on big overtime payments to boost salaries above $200,000.

Double duty: NYPD execs draw both pensions, hefty salaries, records show

Three top NYPD execs are collecting hefty pensions from their time on the force in addition to six-figure salaries for their current civilian roles, a Post review has found.

Stealing time: MTA exec scammed $21K by lying about work, watchdog finds

Martin Olsen falsely claimed to have worked on 39 days when he never actually showed up, and his boss rubber-stamped the phony timesheets, the report found.