As You Sow further noted that CEOs’ pay gains are much higher in an analysis by the Economic Policy Institute.
Think Advisor
March 25, 2022
In Massachusetts, the state where Marx worked at the time, employers are now no longer allowed to present employees with non-competes agreements after they have already accepted a job offer. But states have wildly different levels of regulation around non-competes and across the country as a whole they are quite common. Around 50 percent of employers ask their employees to sign non-competes, with some variation across different industries and wage levels, according to a 2019 Economic Policy Institute report.
Bulitin
March 25, 2022
Features Elise discussing the gender pay gap.
WBAI New York
March 25, 2022
But already, the $15 minimum wage is soon to be less than what most workers need to sustain themselves. According to a new family budget calculator by the Economic Policy Institute, a progressive think tank, a full-time worker in the U.S. county with the lowest cost of living, Orangeburg in South Carolina, would need to earn $14.50 an hour.
The 19th
March 25, 2022
Monique Morrissey, an economist at the Economic Policy Institute (EPI) who has closely studied the USPS for years, shared with me in a recent interview that she too was initially suspicious of the reform bill. Usually broad support “signals something that’s weak or ineffectual, or even bad,” she said. “Not in this case.”
LA Progressive
March 25, 2022
According to an Economic Policy Institute report, preemption is a policy tactic more prevalent in the South and rooted in racist policymaking that prevents people of color and low-income families from expressing their needs. It’s been particularly effective in its use against workers, stopping a raise in the minimum wage in Birmingham; paid sick leave in Dallas; and fair scheduling for retail and foodservice workers in Atlanta.
MLK 50
March 25, 2022
According to the Economic Policy Institute’s Minimum Wage Tracker, only 12 states currently have a minimum wage above $12.50. And as the price of goods and services keeps climbing, even $15 an hour isn’t good enough. EPI says a worker needs to earn at least $14.50 an hour to cover the cost of living in America’s most affordable county (Orangeburg, South Carolina). For cities like San Francisco, New York, and even Seattle, it goes as high as $23.
Fast Company
March 25, 2022
The National Bureau of Economic Research reports that in 1980, stock options were rarely included in CEO compensation. When they were a part of the compensation package, average stock options rarely made up even 20% of the total direct pay for CEOs. But today, according to Lawrence Mischel from the Economic Policy Institute, “Stock-related compensation comprises around 85% of CEO compensation.”
Business Insider
March 25, 2022
Since Takano introduced the 32-Hour Workweek Act in July, several groups, including the Economic Policy Institute and the Congressional Progressive Caucus, which has close to 100 members, have endorsed the measure, which would reduce the standard workweek by eight hours.
New York Times
March 25, 2022
The practice of a subminimum wage for tipped workers, which allows businesses to pay their workers US$2.13 an hour on the good-faith effort that tips will make up the difference, is flagged as well. “The enforcement of that is very, very sketchy,” Henderson noted. Wage theft affects 17 per cent of low-wage workers, according to an Economic Policy Institute report.
Bloomberg
March 25, 2022