The new numbers that explain growing income inequality.
To me, patriotism isn't just about celebrating our strengths; it's also about getting real about where we can -- and must -- do better.
That's the bad news: Wage growth is barely keeping up with inflation. But now, the good news, if you are a company and/or
The same thing happened in the late 1990s when Bill Clinton passed a tax cut on capital gains, or investment income, which
More than 50 percent of front-line fast-food workers rely on some form of government assistance, according to an October
"When the gap between the CEO and the mid-ranking employee is very steep, it can have a negative impact on employee morale
Caterpillar Inc has put workers on notice that its short-term incentive plan, the centerpiece of a performance-based, profit-sharing program, will make its smallest payout since the recession when the payments go out next March, Reuters reports.
Executive pay, meanwhile, has jumped by double-digits year after year, rising faster than average salaries, managerial pay
The trend hasn't shifted in recent years. Between 2010 and 2012, when worker pay has essentially remained stagnant, while
Robb and his co-CEO, John Mackey, have turned manageable CEO pay into somewhat of a cause celebre. The two have spoken out
Hourly pay for nonfarm workers fell at a 3.8 percent annualized rate in the first quarter, the Bureau of Labor Statistics
The ratio of CEO-to-worker pay has increased 1,000 percent since 1950, according to data from Bloomberg. Today Fortune 500 CEOs make 204 times regular workers on average, Bloomberg found. The ratio is up from 120-to-1 in 2000, 42-to-1 in 1980 and 20-to-1 in 1950.
(Click over to Bloomberg to read more about the CEO-to-worker pay ratio) We’ve made progress on a lot of things since the
The AFL-CIO data offers other ways to measure America’s CEO pay gap -- like by comparing it to that of other countries. In
At the same time, The New York Times reported earlier this year that wages, which have remained largely stagnant, are now
Year in and year out, these greedy grab ungodly rewards for their own labor -- and deny their employees anything close to decent compensation for theirs.
That trend comes despite workers nearly doubling their productivity during the same time period, when compensation barely