In New York, the Wrong Workers Get the Biggest Pay Bumps
Last year’s Wall Street bonus pool was large enough to raise New York City’s minimum wage to $21.25 — with $24 billion left over.
Last year’s Wall Street bonus pool was large enough to raise New York City’s minimum wage to $21.25 — with $24 billion left over.
Since 2008, growth in the average Wall Street bonus has far outstripped wage growth for ordinary U.S. workers.
A new international campaign is targeting fashion brands like Nike that are spending vast sums on stock buybacks instead of compensating workers for lost pandemic wages.
Corporate consolidation is burning out health care professionals and killing patients. But there’s another way.