A day before he was to testify before Congress, Bank of America’s chief executive, Brian Moynihan, said the lowest-paid workers would earn $17 an hour starting in May and $20 in two years. Source: https://www.nytimes.com/2019/04/09/business/bank-of-america-minimum-wage.html?partner=rss&emc=rss
Tag: Wages and Salaries
Psst. Kid. Wanna Teach Some Yoga?
Capitalism won’t rest until every single American has taken yoga teacher training. CorePower is leading the way. Source: https://www.nytimes.com/2019/04/06/style/corepower-yoga-teacher-training.html?partner=rss&emc=rss
Pay Gap for Men and Women Grew at Many British Employers, Report Shows
Some thought that forcing disclosure would shame companies into action. But the divide has widened at about 40 percent of them since last year’s data. Source: https://www.nytimes.com/2019/04/05/business/uk-gender-pay-gap.html?partner=rss&emc=rss
March Jobs Report: Here’s What to Watch For
After a lackluster February — just 20,000 jobs added — the report for March will be closely examined, but analysts expect hiring to have bounced back. Source: https://www.nytimes.com/2019/04/05/business/jobs-report-unemployment-march.html?partner=rss&emc=rss
Making Video Games Is Not a Dream Job
The workers behind hits like Fortnite and Call of Duty need unions to protect them from exploitation. Source: https://www.nytimes.com/2019/04/04/opinion/video-games-layoffs-union.html?partner=rss&emc=rss
Short of Workers, U.S. Builders and Farmers Crave More Immigrants
As a tight labor market raises costs, employers say the need for low-wage help can’t be met by the declining ranks of the native-born. Source: https://www.nytimes.com/2019/04/03/business/economy/immigration-labor-economy.html?partner=rss&emc=rss
The Ethicist: Should My Daughter Speak Up About a Classmate’s Plagiarized Poem?
The magazine’s Ethicist columnist on how to handle a cheating peer and whether to alert officials that a nanny is ill-treated. Source: https://www.nytimes.com/2019/04/02/magazine/ethicist-plagiarism-cheating-classmate.html?partner=rss&emc=rss
U.S. Moves to Limit Wage Claims Against Chains Like McDonald’s
The Labor Department offered a view far narrower than the Obama administration’s regarding companies’ liability for workplace violations by franchisees. Source: https://www.nytimes.com/2019/04/01/business/economy/labor-department-joint-employer.html?partner=rss&emc=rss
A C.E.O. Who’s Scared for America
Capitalism, he says, is slowly committing suicide. Source: https://www.nytimes.com/2019/03/31/opinion/peter-georgescu-capitalism.html?partner=rss&emc=rss
The $70,000-a-Year Minimum Wage
A small Seattle company shows that capitalism can have a heart. Source: https://www.nytimes.com/2019/03/30/opinion/sunday/dan-price-minimum-wage.html?partner=rss&emc=rss