Critical Compensation

WELCOME TO CRITICAL COMPENSATION!

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Episode Three (6/28/20) References:

'Extreme inequality was the preexisting condition': How COVID-19 widened America's wealth gap

https://abcnews.go.com/Business/extreme-inequality-preexisting-condition-covid-19-widened-americas/story?id=71401975

California Latino, Black residents hit even harder by coronavirus as white people see less danger 

https://www.latimes.com/california/story/2020-06-27/california-latinos-black-people-hit-even-harder-by-coronavirus

Underpaid Migrant Farmworkers Were Lured To ICE, Suit Says

https://www.law360.com/articles/1286699/underpaid-migrant-farmworkers-were-lured-to-ice-suit-says

Wage Theft Costs American Workers Billions Each Year. Here’s How to Know if You’re a Victim

https://money.com/what-is-wage-theft/

Meet the CEO Who Gave Away His Salary and Bonus of $800K to Help Employees During the Pandemic

https://people.com/human-interest/texas-roadhouse-ceo-kent-taylor-gave-away-salary-bonus-of-800k-help-employees-pandemic/

South Florida restaurant chain stole tips, shorted workers $314,000 in pay, Labor says 

https://www.miamiherald.com/entertainment/restaurants/article243773462.html

Should Location Decide Salary? Why Decentralized Pay Scales Are The Future Of Wages

https://www.forbes.com/sites/charlestowersclark/2020/06/24/should-location-decide-salary-why-decentralized-pay-scales-are-the-future-of-wages/#198f276e3403

Justification for Redwood City top salaries 

https://www.smdailyjournal.com/opinion/letters_to_editor/justification-for-redwood-city-top-salaries/article_010ff67e-b812-11ea-b481-571f4c3224c7.html

Teachers Rally Against Layoffs, School Cuts In Taunton

https://boston.cbslocal.com/2020/06/26/teachers-rally-against-layoffs-school-cuts-in-taunton/

https://www.tauntongazette.com/news/20190429/tmlp-and-taunton-police-top-list-of-citys-100-highest-earners

Start of July Brings Increase to Illinois Minimum Wage

https://www.nbcchicago.com/news/local/chicago-politics/start-of-july-brings-increase-to-illinois-minimum-wage/2296710/

https://nbc16.com/news/local/earn-the-minimum-wage-in-oregon-you-get-a-raise-wednesday

When Bosses Shared Their Profits

https://www.nytimes.com/2020/06/25/opinion/corporate-profit-sharing-inequality.html

Employers brace for a ‘PTO bomb’ as vacation-starved employees make time off requests

https://www.chicagotribune.com/coronavirus/ct-coronavirus-illinois-paid-time-off-vacation-20200626-orogutq67zcp3g7gkkyftjgbeu-story.html

Summer books of 2020: Economics

https://www.ft.com/content/74448b70-b144-11ea-a4b6-31f1eedf762e

WELCOME TO CRITICAL COMPENSATION!

Please consider supporting the channel.

https://www.patreon.com/criticalcomp

Episode Two (6/21/20) References:

NU system faces $43 million shortfall; cuts planned at all major campuses

https://www.omaha.com/news/education/nu-system-faces-43-million-shortfall-cuts-planned-at-all-major-campuses/article_61e05829-09d4-5b7e-a8d3-c08fc692697e.html#1

150 cannery workers are in forced quarantine at L.A. hotel without pay, suit claims

https://www.latimes.com/california/story/2020-06-20/seasonal-workers-forced-into-unpaid-coronavirus-quarantine-at-hotel-near-lax-lawsuit-claims

Protest on bridge, ‘Baby Trump’ balloon mark Juneteenth event

https://www.palmbeachpost.com/news/20200620/protest-on-bridge-rsquobaby-trumprsquo-balloon-mark-juneteenth-event

Digi-Key contractor ordered to pay construction workers $315,000 in back wages

https://www.startribune.com/digi-key-contractor-ordered-to-pay-construction-workers-315-000-in-back-wages/571370212/

Feds: Metro Detroit company owes $1.5M to drivers it wrongly called independent contractors

https://www.freep.com/story/money/cars/2020/06/17/feds-procorp-lawsuit-overtime-pay-drivers/3202566001/

Utah liquor stores have an 86% employee turnover rate — and the low pay is hurting business

https://www.sltrib.com/news/2020/06/17/utah-liquor-stores-have/

Target Is Raising Wages. Here’s What It Means for Other Retailers.

https://www.barrons.com/articles/target-is-raising-wages-heres-what-it-means-for-other-retailers-51592499667

Elon Musk, Tesla Board Sued by Pension Fund for ‘Unrelenting Avarice’

https://www.bloomberg.com/news/articles/2020-06-18/musk-tesla-board-sued-by-pension-fund-for-unrelenting-avarice

Fed’s First Black President Calls on Policymakers to Step Up

https://www.bloomberg.com/news/articles/2020-06-18/fed-s-first-black-president-calls-on-policymakers-to-step-up

Money-losing Mitsubishi says executives will take pay cuts

https://www.tulsaworld.com/ap/business/money-losing-mitsubishi-says-executives-will-take-pay-cuts/article_969efb6b-795d-5a27-8921-006d2081b7fb.html

The rich cut their spending. That has hurt all the workers who count on it.

https://www.chicagotribune.com/business/careers-finance/sns-nyt-rich-cut-spending-hurt-workers-20200618-squjnk23wbfnriu7a3enwwkqaq-story.html#nt=msftsearch

As Pandemic Slows Business, Workers Fret: Is My Job Relevant? 

https://www.wsj.com/articles/as-pandemic-slows-business-workers-fret-is-my-job-relevant-11592737200?mod=hp_lead_pos13

The N.Y.P.D. Spends $6 Billion a Year. Proposals to Defund It Want to Cut $1 Billion.

https://www.nytimes.com/interactive/2020/06/20/nyregion/defund-police-nypd-budget.html

WELCOME TO CRITICAL COMPENSATION!

Please consider supporting the channel.

https://www.patreon.com/criticalcomp

Episode One (6/14/20) References:

Mylan NV Says CEO's 2019 Total Compensation Was $18.5 Mln Vs $13.3 Mln In 2018 – SEC Filing

https://www.reuters.com/article/brief-mylan-nv-says-ceos-2019-total-comp/brief-mylan-nv-says-ceos-2019-total-compensation-was-185-mln-vs-133-mln-in-2018-sec-filing-idUSFWN2DL0XK

https://simplywall.st/news/should-you-worry-about-mylan-inc-s-nasdaqmyl-ceo-pay/

https://www.stevenspointjournal.com/story/news/2020/06/08/wisconsin-nursing-home-staff-face-low-wages-workforce-shortage-grows/5243197002/

https://www.baltimoresun.com/coronavirus/bs-md-home-health-aides-pandemic-20200608-mdksudv3qjg6hptnhpbtdjrwqu-story.html

https://www.brookings.edu/blog/up-front/2020/06/04/examining-options-to-boost-essential-worker-wages-during-the-pandemic/

https://www.forbes.com/sites/tomspiggle/2020/06/08/how-virginias-new-non-compete-and-wage-laws-help-employees/#25c390b27634

https://hbr.org/2020/06/is-your-company-actually-fighting-racism-or-just-talking-about-it

https://sloanreview.mit.edu/article/organizations-cannot-afford-to-stay-silent-on-racial-injustice/

https://www.epi.org/publication/ceo-compensation-2018/

https://delawarestatenews.net/news/frozen-pay-hikes-for-state-workers-spark-anger-and-confusion/

https://www.ky3.com/content/news/MoDOT-announces-employee-pay-hour-cuts-571224761.html