Salary news and trends

Majority of Americans Unhappy With Annual Salary, Considering Switching Jobs
Consumer Insights // January 02, 2023

Nearly two-thirds of consumers say they’re working jobs that don’t meet their annual salary requirements. And 30% of those consumers say they plan to leave their current role for a new one, and hopefully a raise, in the next six months. That’s according to the...

MLB: Baseball With No Fans Could Mean $640,000 Per Game Loss
Economy // May 17, 2020

The New York Yankees are looking at a shortfall of $312 million if this year’s Major League Baseball (MLB) season ends up going forward with no fans in the stadium. Empty baseball stadiums for games played could result in a loss of $640,000 per game,...

McDonald’s Sales Drop; CEO Takes 50 Pct. Pay Cut
Retail // April 08, 2020

Not surprisingly, McDonald’s Corp. posted a dive in sales for the first quarter as its stores closed and the company relied on delivery and takeout orders amid COVID-19 restrictions. As reported by Reuters, the world’s biggest burger chain said comparable store sales fell 3.4 percent...

London’s Monzo CEO To Forgo Salary As Workers Face Furlough
Coronavirus // March 31, 2020

The 34-year-old top executive of digital bank Monzo will give up his salary for a year, while senior staffers take a 25 percent pay cut.   In a memo leaked to TechCrunch on Tuesday (March 31), Co-founder and CEO Thomas Blomfield told the company’s 1,500...

Interviews & Exclusives
70% of US Consumers Feel Stressed About Personal Finances

September 06, 2024
In today’s competitive job market, traditional benefits like retirement plans and paid time off are falling short as workers demand immediate access to their earnings. Rising financial pressures and living costs are driving this shift, pushing employers to adapt or risk losing top talent. A PYMNTS Intelligence report, “No-Wait Wages: Leveraging Instant Payments to Boost […]

Majority of Americans Unhappy With Annual Salary, Considering Switching Jobs

January 02, 2023
Nearly two-thirds of consumers say they’re working jobs that don’t meet their annual salary requirements. And 30% of those consumers say they plan to leave their current role for a...

Quick Reads
MLB: Baseball With No Fans Could Mean $640,000 Per Game Loss

May 17, 2020
The New York Yankees are looking at a shortfall of $312 million if this year’s Major League Baseball (MLB) season ends up going forward with no fans in the stadium. Empty baseball stadiums for games played could result in a loss of $640,000 per game, the MLB said in a 12-page document called “The Economics […]

McDonald’s Sales Drop; CEO Takes 50 Pct. Pay Cut

April 08, 2020
Not surprisingly, McDonald’s Corp. posted a dive in sales for the first quarter as its stores closed and the company relied on delivery and takeout orders amid COVID-19 restrictions. As...

London’s Monzo CEO To Forgo Salary As Workers Face Furlough

March 31, 2020
The 34-year-old top executive of digital bank Monzo will give up his salary for a year, while senior staffers take a 25 percent pay cut.   In a memo leaked...

Gojek Execs To Create $6M Fund For Gig Workers

March 24, 2020
Executives at delivery FinTech Gojek have pledged to give 25 percent of their salaries over the next year to merchants, drivers and partners as their income has been reduced from...