What the lawsuit doesn’t address is that companies like Mickey D’s profit wildly from the labor of employees who don’t receive a fare share. Their wages barely allow them to get by.
If you work 8 hours a day 5 days a week your pay should at least be sufficient to live on. Minimum wage currently is not. These workers deserve a greater share for their efforts.
The lawsuit goes on to show that it’s even worse than that. The franchisees and parent corp willfully cheat and underpay the already underpaid.
The alleged violations included unpaid overtime, misrecording of timecards to reduce pay, failure to pay the minimum wage and failure to pay wages owed to employees who quit or were fired. In documenting the alleged violations, the lawsuit goes back to 2010 and asserts that most of the practices continue today.
A Step Forward for Fair Pay at McDonald’s http://nyti.ms/2a2SVwK
Not everyone is meant for college. Not everyone can handle the rigor of a vocational tech eduction. Some people just aren’t going to make it through the educational system.
We better start preparing the economy to provide a living for these young folk.
If you put in a solid 8 hours of work in a day, 40 hours a week for a company you should be able to get by on the wages. That’s food, housing, transport, clothes.
Companies need to factor these costs into their cost of doing business.
It’s a Tough Job Market for the Young Without College Degrees http://nyti.ms/24J00F0
A good article about the lack of info on the effect of basic incomes.
Basic income, a living wage provided by the government to every citizen, is a fascinating idea, but we don’t have much info on how well it would work in real life.
Missing from the article is discussion of how to keep recipients from blowing it and still needing essential services, such as food, housing, and healthcare.
Is There a Better Way to Think About Income Inequality? – CityLab
The staff came across some articles which articulate what we are missing about inequality in most of our conversations. Labor is the bedrock of our economy and we should treat it as such. We should compensate it as such.
We often say that higher education isn’t going to solve our equality issues. Some folks aren’t meant to seek degrees. Besides if everyone had degrees the marginal value would be much.
We need to talk about a world in which labor itself is valued more equitably. If you put in a solid 8 hours a day your pay should be sufficient to sustain a modest life. Every year that becomes less and less realistic.
we need to focus more directly on labor-market policies that increase people’s earnings and increase the steadiness of their jobs. In the end, fighting income inequality is about fighting income inequality. It’s not about closing educational gaps or getting more people married, or creating a diverse pool of Fortune 500 CEOs.
If where you end up is totally dependent on your parents, or a set of random circumstances over which you have no control, and there’s no individual description of how you get to a stable place in the economic system, then we’ve lost the narrative about how to get ahead. And that’s where things get dangerous
Plenty of examples of the benefits of increasing minimum wages. The author refers to several real world instances of the success of local laws increasing wages.
NYTimes: Local Policies That Work for Workers