wages

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US CEOs Earn 300 Times More Than Average Worker
Pay Gap
Between
CEOs, Workers
Just Jumped
NEW REPORT
Aug 16, 2018 1:06 PM CDT

Pay Gap Between CEOs, Workers Just Jumped

The big bosses make 312 times more than their workers

(Newser) - For every dollar made by the average Facebook employee, Mark Zuckerberg earned $37 in 2017. As far as CEO pay goes, that's nothing. The CEOs of America's top 350 publicly held companies earned an average of $18.9 million in wages, bonuses, and stock options last year, or...

These Jobs Are Seeing Biggest Pay Hikes

Lawyer, truck driver among the group

(Newser) - Lawyers have enjoyed one of the largest pay increases over the past year. A 4.7% increase as of April brings the median base pay for an attorney to $101,817, according to Glassdoor. But lower-skill positions in high demand are making strides, too, including truck and delivery drivers. The...

Survey: Most Calif. Disney Workers Can't Afford Living Expenses

73% of Disneyland workers don't make enough to cover rent, food; Disney calls survey 'inaccurate'

(Newser) - Disneyland may be deemed the "Happiest Place on Earth," but that joy apparently dissipates for the majority of employees when they leave the park and have to come up with rent in the real world. The Los Angeles Times points out that even though the Walt Disney Co....

Prosecutors: CEO Took 'Hundreds of Thousands' From Own Workers

Isaac Choi, former chief exec of WrkRiot, pleads guilty to wire fraud

(Newser) - The startup's motto was "No games. Just jobs." Except there were some games, too. Isaac Choi, the former CEO of short-lived tech startup WrkRiot—which developed software to be used in job searches before its closure in September 2016—pleaded guilty to wire fraud in federal court...

Report: 200K Jobs Added by US Employers in January

And wage growth is at fastest rate in 8 years

(Newser) - US employers added a robust 200,000 jobs in January, and wages rose at the fastest pace in more than eight years. The pay gains suggest employers are competing more fiercely for workers. Raises stemming from Republican tax cuts and minimum wage increases in 18 states also likely boosted pay....

Workers in Fastest-Growing Jobs Have Trouble Getting By

Personal care, home health industries expected to add 1.2M jobs by 2026, but pay is low

(Newser) - Those hoping to repair bicycles or fight forest fires will have good luck finding work over the next decade, but home health and personal care aides will fare even better, according to the Bureau of Labor Statistics ' list of America's fastest-growing jobs . The US is expecting 0.7%...

Why US Women May Ditch Hockey World Championships

Ladies say they want a living wage to keep up with the guys

(Newser) - Meghan Duggan isn't even 30 and she's already won six world championships with the US women's hockey team—and yet she says her team can't get living-wage paychecks that would put them on par with male colleagues. "That's why our team is taking a...

Janitor Making $270K Spends Lots of Time in a Closet: Probe
Janitor Making $270K Spends
Lots of Time in a Closet: Probe
in case you missed it
Feb 11, 2017 1:59 PM CST

Janitor Making $270K Spends Lots of Time in a Closet: Probe

BART reps scrambling to explain how Liang Zhao Zhang pulled in so much in 2015

(Newser) - There's quite a difference between making $58,000 a year and $270,000, and that huge gap is why some are now poking around to see how a San Francisco janitor has been pulling in the latter . The San Francisco Chronicle reports on Liang Zhao Zhang, who cleans the...

10 Best-Paying Jobs in US
10 Best-Paying
Jobs in US
Jan 11, 2017 11:57 AM CST

10 Best-Paying Jobs in US

They're all in the 6 figures

(Newser) - Our only advice if you want to crack into the best-paying gigs in the US: Start filling out those med school applications. The top jobs on US News & World Report's 2017 "Best Jobs" list are all within the medical or dental field, and all with median salaries...

Finally, Equal Pay for Women ... in the Year 2186

WEF report shows progress on gender wage gap is slowing—or even reversing

(Newser) - Women may now be equal with men in terms of their drinking , but it could take another 170 years for them to achieve pay parity, Reuters reports. The World Economic Forum said Tuesday that even though last year's guesstimate put gender paycheck equality at around the year 2133, that...

Tesla CEO: We'll Investigate $5 an Hour Labor Claims

Newspaper says foreign workers were brought in on the cheap

(Newser) - An article in Sunday's San Jose Mercury News exposed a troubling narrative about Tesla's plant in Fremont, Calif., claiming that about 140 workers from Eastern Europe were imported by a subcontractor to build a paint shop for the Model 3 sedan—for $5 an hour. Per the Guardian ...

Meet the $100K-a-Year Garbage Collectors

It turns out the industry pays pretty well and wages are rising

(Newser) - No one wants to be a doctor in New Zealand for $267,000 a year , but getting paid $100,000 to sift through giant rats, dead animals, and even human body parts is right up Noel Molina and Tony Sankar's alley. Both men made six figures as NYC garbage...

Yelp Worker: I Had to Live on Rice and Water

Talia Jane says she got fired for complaining about wages

(Newser) - A Yelp employee who complained about having to live in near-poverty conditions has a new problem—she needs a job. Talia Jane wrote an open letter to CEO Jeremy Stoppelman on Friday seeking higher compensation and detailing her struggles to afford food, rent, and transportation in San Francisco, and got...

CEO Upped Salaries to $70K. But Were His Reasons Pure?

Karen Weise of Bloomberg Businessweek takes a hard look at Dan Price

(Newser) - This spring, Seattle-based Gravity Payments CEO Dan Price became an instant sensation when he announced that he would be cutting his roughly $1 million salary to ensure that all 120 of his employees would be paid a minimum salary of $70,000. "It’s not about making money; it’...

Americans Are Making Less Money Under Obama

And why that might not actually help any of the GOP presidential candidates

(Newser) - Politico has an interesting article on what it's calling "the Democrats' wage problem," a major takeaway of which is that the average American income has actually gone down during Obama's years as president. The median household income in 2014 was more than $1,600 lower...

Obama Wants 5M More Americans to Get Overtime

His proposal would more than double current salary threshold to $50,440

(Newser) - "Right now, too many Americans are working long days for less pay than they deserve." Those are President Obama's words in a Huffington Post op-ed about a proposal he predicts would help up to 5 million workers in 2016: increasing the overtime salary threshold from $23,660...

Entrepreneur Reads Study, Will Pay All Workers $70K

Dan Price wants his employees to be as happy as possible

(Newser) - A number of studies have been done to determine exactly how much income we need to reach our happiness peak, and Dan Price read one that pegged the magic number at about $70,000 per year. But Price, the owner of a credit-card payment processing company, didn't just read...

Farmworkers Strike, Putting Harvest at Risk

They want better wages, overtime, benefits—and no more abuse of women workers

(Newser) - Cops are scuffling with laborers, protesters have blocked highways, and more than 200 arrests have been made in Mexico this week as farmworkers strike for better wages and working conditions, the Los Angeles Times reports. The strike, which started Tuesday in Baja California, is happening at the peak of harvest...

Walmart Workers: We Need More Hours, Too

Retailer's employees say they often can't get hours they need to stay afloat

(Newser) - Last week Walmart announced it'll raise wages for 40% of its US workforce. But for many employees, low pay isn't the only issue: They also can't get the hours they need to make a decent living, the New York Times reports. Part-time workers complain that when they...

What You Earn for Life Likely Set Before You're 30: Report

Federal Reserve Bank of NY says bulk of earnings growth happens in one's 20s

(Newser) - Those who like predicting how much they'll have by the time they retire may want to peruse the Federal Reserve Bank of New York's latest research. The bank's report , which analyzed the careers of 5 million workers over four decades, found that it's the first 10...

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