At the 51 S&P 500 companies with the lowest median wage, the CEO-to-worker pay ratio was a whopping 830 to 1.
Economy & Labor
After this past year, people want work to be more than a dreary ordeal of basic survival at an unsustainable wage.
Companies like Imperfect Foods hold great sustainability potential, but that must not come at the expense of workers.
Corporations fault unemployment benefits for labor shortages, but critics argue “starvation wages” are to blame.
Unemployment due to voluntary quits is still extraordinarily low.
Food worker scarcity “is not a labor shortage problem; it’s a wage shortage problem,” said the head of One Fair Wage.
The richest 1 percent of U.S. households account for roughly 36 percent of all unpaid federal income tax.
Amazon wants to exert the same level of control over contracted drivers “without bearing the costs” say critics.
Tax dodging by the top 1 percent of earners could be responsible for nearly $5 trillion of lost tax revenue.
Many of these grassroots responses are taking place in communities that have been hit hardest by the pandemic.