Bonuses have registered less of an impact, increasing just 2 cents an hour in the first nine months of 2018, according to Lawrence Mishel, former president of the Economic Policy Institute, a left-leaning research group.
The increase was “imperceptible,” Mishel wrote in December on EPI’s blog. “Whatever growth in bonuses has taken place is not necessarily attributable to the tax cuts, rather than employer efforts to recruit workers in a continued low unemployment environment.”
NBC News
February 12, 2019
Even that is more than three times the 312:1 CEO-to-average-worker ratio in 2017 for the 350 largest firms in the United States, according to an analysis by the left-leaning Economic Policy Institute. An anonymous survey of 356 companies by Equilar, an executive data company, found the median CEO pay ratio across all submitting companies was 140:1, and the average was 241:1.
The Washington Post
February 12, 2019
Now, a recent report by the Economic Policy Institute, a nonprofit based in D.C., suggests that Airbnb has an overwhelmingly negative economic impact on cities, with few benefits to balance it out — and asks why cities aren’t doing more to tax the homesharing service.
Skift
February 12, 2019
According to a recent analysis by the Economic Policy Institute, nearly 40% of African Americans and about a third of Latinx Americans would get a raise if the federal minimum wage was raised to $15 an hour. The continued shift to a tip-based economy jeopardizes our progress towards an inclusive economy.
Forbes
February 12, 2019
Kate C. Farrar, executive director of Connecticut Women’s Education and Legal Fund, suggests the council explore paid family and medical leave, and raising the minimum wage as top legislative priorities in 2019. Connecticut’s minimum wage is $10.10. Studies from the Economic Policy Institute says that gradually instituting a federal minimum wage of $15 would lift the pay for 41 million American workers.
Connecticut Health I-Team
February 12, 2019
To illustrate just how striking the impact of a higher minimum wage would be, Oxfam America created an interactive map showing how people would benefit across the U.S. (You can play with the data at the bottom of this article.) Using data from the Economic Policy Institute, a progressive think tank, Oxfam conducted a state-by-state analysis of what proportion of workers are currently working at the minimum wage, and would benefit from a higher one. Some states, like California and Massachusetts, which have already been pushing a $15 minimum wage, would see very few workers get a raise. But in states like Nevada and Mississippi, where wages are low and many people work minimum-wage jobs, 40.3% and 41.6% of workers, respectively, would see their pay go up.
Fast Company
February 12, 2019
The Hill
February 12, 2019
The Economic Policy Institute describes the difference between a teacher’s salary and a professional with similar education and experience as a pay penalty. Entry-level teachers often make 20 percent less than other entry level college graduates and by mid-career than extends to 30 percent.
Courthouse News Service
February 12, 2019
Today, 18 states still use the tipped minimum wage of $2.13 per hour even though some states have set higher minimum wages, according to the Economic Policy Institute, which frequently advocates minimum wage increases. In Nebraska, for example, the minimum wage is $9 while tipped workers still only make $2.13 an hour—meaning around $7 per hour is accounted for with tips. (EPI has a map that tracks the differences in each state.)
Forbes
February 12, 2019
The Economic Policy Institute describes the difference between a teacher’s salary and a professional with similar education and experience as a pay penalty. Entry-level teachers often make 20 percent less than other entry level college graduates and by mid-career than extends to 30 percent.
VOX
February 12, 2019