HR Roundup: A Look at Current Wage Inflation

• This infographic shows U.S. wage growth is slowing — falling to 4.4% annually in January, down from 5.9% in March 2022. (The Federal Reserve’s annual wage growth target is 3.5% to be compatible with 2% inflation.)
• OMA Connections Partner RSM has published this insight on how employers can prepare for increased scrutiny of their compensation transparency.
• These are the seven things employers couldn’t say about unions if the NLRB’s general counsel has her way, writes OMA Connections Partner Fisher Phillips.
• OMA Connections Partner Vorys advises employers that pay on a day-rate basis to immediately review their compensation plans following the U.S. Supreme Court’s ruling on overtime exemptions.
• The Ohio Senate has voted 25-7 to approve Senate Bill 30, which would allow 14- and 15-year-olds to work longer hours.

Meanwhile, RSM reports that when asked about the ideal job, 50% of middle-market employees cited work/life balance as the most critical aspect, followed by support from a supervisor/boss (49%). 3/9/2023