Employers raise wages: retail workers still make less than $15 an hour

Apr 22, 2022
243 views
0 comments
Share
Consultation

Thousands of workers in foodservice, hospitality and retail still make less than $15 an hour. This includes the majority of workers in big-box stores and discount retailers. This low wage stands in contrast to employers who rake in vast amounts of profit. The new findings are from the Economic Policy Institute survey.

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

243 views
0 comments

Tags In

Greater Noida Wipro Recruitment

Previous days news

Apr 20 Apr 18 Apr 15 Apr 11 Apr 10

Best tech jobs in the United States : BLS data

Sep 06, 2022
574 views
0 comments
Background Checks

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Sep 06, 2022
516 views
0 comments
Background Checks

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Aug 17, 2022
609 views
0 comments
Background Checks

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

Aug 17, 2022
492 views
0 comments
Background Checks

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

Aug 10, 2022
618 views
0 comments
Background Checks

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Employers raise wages: retail workers still make less than $15 an hour

Employers raise wages: retail workers still make less than $15 an hour

Tags In

Others news

Category

Tags

Articles