There are two main reasons why the 401(k) plan and other workplace retirement savings plans don’t work, according to the Economic Policy Institute, the non-partisan think tank that authored the study.
CNBC
December 12, 2019
New research from the left-leaning Economic Policy Institute finds that the shift to defined contribution plans—401ks—from defined benefit pension plans has increased retirement inequality for U.S. families, based on their income, race, ethnicity, education, and marital status.
401K Specialist
December 12, 2019
‘The Economic Policy Institute applauds Gov. Inslee in standing up for Washington’s workers and protecting Washington’s middle class from the Trump Administration’s harmful overtime pay proposal by setting an overtime threshold that will provide close to 400,000 Washington workers with new or strengthened overtime pay protections.’
Public
December 12, 2019
La brecha se reduce ligeramente cuando se segmentan los salarios por educación, experiencia y localización pero como señala el Economic Policy Institute, las latinas sufren una doble brecha salaria por su etnia y por ser mujeres. Las cifras que maneja la EPI apuntan a que la mayor formación de las mujeres no solo no ayuda a cerrar esta brecha sino que normalmente la amplía. Las mujeres con estudios superiores ganan menos que los hombres blancos con menos formación.
El Diario
December 12, 2019
Some progressives take issue with the bill. Daniel Costa, an economist at the Economic Policy Institute, a Washington, D.C.-based think tank, says the rule changes would hurt guest workers by freezing their wages next year, and allowing increases of no more than 3.25 percent over the next decade. Although their pay, known as the adverse effect wage rate, is currently above minimum wage, he says that in the long run, migrant workers would lose money.
New Food Economy
December 12, 2019
That’s $12,370 a month, according to Quentin Fottrell of MarketWatch, citing the Economic Policy Institute.
Business Insider
December 12, 2019
An employee earning a minimum wage salary of $23,088 would have to spend 67 percent of their earnings to provide quality care for their child, leaving a dismal $7,694 remaining to pay for other living expenses, according to the Economic Policy Institute (EPI).
News 10
December 12, 2019
This isn’t just cool for its fairytale quality. In August, a study performed by the Economic Policy Institute (EPI) found that CEO compensation has grown a staggering 940 percent since 1978. Over that same time, typical worker compensation has only risen 12 percent. That sort of exorbitant CEO pay contributes to the ever-increasing disparity between the proverbial “haves” and “have-nots.” Per EPI, CEOs make more due to their power to set pay, not necessarily due to increasing productivity or high-demand skills.
Scary Mommy
December 12, 2019
FEATURING ROBERT E. SCOTT – Democratic Party leaders and President Donald Trump are both claiming victory in reaching an agreement on the new version of NAFTA, the USMCA, or the US-Mexico-Canada Trade Agreement.
Rising Up with Sonali
December 12, 2019
Employers are increasingly preventing employees from forming unions in the workplace, according to a new report from the Economic Policy Institute (EPI), a left-leaning think tank. What’s more, the report finds, many of these efforts are illegal. Employers were found with violating federal law in roughly 42% of all union election campaigns, with 20% involving a charge that a worker was “illegally fired” for union activity. But these numbers only represent elections supervised by the National Labor Relations Board (NLRB).
Yahoo Finance
December 12, 2019