5 companies paying Americans the least
While companies such as Wal-Mart and McDonald's have seen profits grow in recent years, most of their workers continue to earn low or minimum wages.
This summer, thousands of fast-food workers in the United States went on strike in cities across the country, demanding their wages be increased to $15 an hour and the ability to unionize. To no one’s surprise, they didn’t get it. As of 2012, an estimated 4.7% of hourly workers are paid at or below the federal minimum wage of $7.25 an hour. According to several groups, low- and minimum-wage workers are growing faster than any other group of earners.
Meanwhile, profits at many of the corporations that employ the most minimum-wage workers have risen. McDonald’s, Walmart and Target together employ several million Americans. While these companies’ profits have grown in recent years, most of their workers continue to earn low or minimum wages.
Based on the methodology used by the National Employment Law Project in its 2012 report "Big Business, Corporate Profits, and the Minimum Wage," 24/7 Wall St. identified the companies in industries that are primarily low-wage employers. Based on annual reports and proxy filings, we also reviewed the total size of the companies’ workforces, the recent performance of the corporations in terms of revenue and profit, and the highest executive pay at these companies.

No comments:
Post a Comment