Employers raise wages: retail workers still make less than $15 an hour
Employers raise wages: retail workers still make less than $15 an hour
- Apr 22, 2022
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The survey gathered data about hourly wages from employees at 60 companies including Dollar General, McDonald's, Starbucks and Walmart. EPI analyzed this data and found out that 89% of McDonald's workers make below $15 while 92% of Dollar General workers also make below $15. The data suggests that states should increase their minimum wages.
EPI said in a statement, "Low wages are a defining feature of the U.S. labor market and the service sector in particular. Low pay is not limited to mom-and-pop stores — it is also widespread in big box stores, restaurants and grocery stores that often have high CEO pay and revenue." According to the survey, nearly 63% of Starbucks workers earn less than $15 an hour and at Walmart, 51% of workers also make below $15 an hour. The survey drew more than 20,000 responses and also notes companies where a majority of workers earn less than $15 an hour including Amazon, Costco and UPS.
Source: CBS News
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