If you earn a salary of Rs 25,000 or higher, then your pay ranks in the top 10% of the total wages earned in India. … Earn Rs 25,000 or Higher? Your Wage Ranks in the Top 10% in IndiaRead more
Wage
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Corporations stole $15bn from workers in America
In the United States, only certain types of theft are newsworthy. For example, on 14 June 2021, a reporter for KGO-TV in San Francisco tweeted … Corporations stole $15bn from workers in AmericaRead more
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Wall Street Bonuses Have Soared 1,743% Since 1985
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
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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
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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
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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
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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
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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
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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