The average annual bonus for New York City-based securities industry employees rose 20 percent to $257,500 in 2021, far above the 7 percent annual inflation … Wall Street Bonuses Have Soared 1,743% Since 1985Read more
Wage
The Effects of Managers’ Business Education on Wages
This paper provides evidence from the US and Denmark that managers with a business degree (“business managers”) reduce their employees’ wages. Within five years of … The Effects of Managers’ Business Education on WagesRead more
Minimum wage workers can’t afford rent anywhere in America
Housing has become so expensive in the United States that the typical minimum wage worker cannot afford rent, according to a new report. There is … Minimum wage workers can’t afford rent anywhere in AmericaRead more
Nearly half of American workers don’t earn enough to afford a one-bedroom rental
Nearly half of American workers do not earn enough to rent a one-bedroom apartment, according to new data. Rents in the US continued to increase … Nearly half of American workers don’t earn enough to afford a one-bedroom rentalRead more
Centre has withheld Rs 7,500 crore in MGNREGA funds to West Bengal for a year
The central government has withheld release of Rs 7,500 crore in MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) funds to West Bengal for a … Centre has withheld Rs 7,500 crore in MGNREGA funds to West Bengal for a yearRead more
Labourers in Madhya Pradesh, Gujarat, Tripura are paid lowest wages
Madhya Pradesh, Gujarat and Tripura pay the lowest daily wage to labourers at a time of high retail and food inflation in India, according to … Labourers in Madhya Pradesh, Gujarat, Tripura are paid lowest wagesRead more
The Fed’s Austerity Program to Reduce Wages
To Wall Street and its backers, the solution to any price inflation is to reduce wages and public social spending. The orthodox way to do … The Fed’s Austerity Program to Reduce WagesRead more
In a Single Year, $1.78 Trillion Was Stolen From the Working Class
The fate of the Build Back Better Act is currently unknown. The bill would be the largest social spending achievement in decades and provide needed … In a Single Year, $1.78 Trillion Was Stolen From the Working ClassRead more
CEO Pay
[youtube https://www.youtube.com/watch?v=n2TiJ7anH6A&rel=0&feature=relmfu] Steven Clifford