New pay rule boon for workers, better pay far outweighs ‘prestige loss’

Associate professor Adam Seth Litwin of Cornell’s Industrial and Labor Relations School, comments on the overtime change that will impact an estimated 12 million workers under a federal Department of Labor regulation. Salaried employees earning less than $47,476 annually will be guaranteed overtime for work time exceeding 40 hours per week. The current threshold is […]

Cornell University experts explore wages, happiness and realistic deals ahead of Black Friday

The National Retail Federation expects consumers to spend $630 billion this holiday season, starting online and in stores Thanksgiving and Black Friday. Three researchers at Cornell University can discuss a variety of issues related to the retail frenzy – from the impact of material possessions on happiness to the unrealistic perceptions of Black Friday deals. […]