The average CEO of an S&P 500 company has already earned more since the start of 2020 than the average worker at that same company will earn all year. In a study analyzing Securities and Exchange Commission filings, the AFL-CIO union considered stock options and employee benefits in its calculations. The average CEO makes $278,846 per week, while the total annual pay for the median worker is $64,513.
As of January 1st, the minimum wage is higher in 13 states, roughly a quarter of the country. Some of these states include California, Illinois, Maryland, Massachusetts, New Jersey, and Washington. Later this year, four more states will raise their minimum wage. In 17 localities, including those with very high costs of living like New York City and Seattle, the minimum wage will meet or exceed $15 per hour. Since the start of the year, approximately 7 million workers are already benefiting from higher wages.
While Uber filed a petition countering the legal employee definition in California, in France it filed an official complaint with the public prosecutor against workers who led protests. One of those workers was Brahim Ben Ali, who led nationwide protests against the company demanding higher base fares, fewer penalties against drivers who screen rides before accepting them, and stronger union representation. Such protests have shut down various Uber offices throughout France. Uber insists that its decision to fire Ben Ali is unrelated to the right to strike, but rather that it is on account of his actions “insulting” the company, “intimidating” staff and drivers, and “degrading” the offices.
The U.S. Department of Labor ruled that the Tennessee Valley Authority illegally fired a whistleblower. As part of the damages, TVA must restore Beth Wetzel’s job and pay her over $200,000. The federally owned utility company claims it fired Beth Wetzel for speaking negatively about her supervisor. The Labor Department found that Wetzel properly raised safety concerns, including nuclear safety complaints, and that these complaints were the basis for her wrongful termination.
Daily News & Commentary
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August 5
In today’s news and commentary, a pension fund wins at the Eleventh Circuit, casino unionization in Las Vegas, and DOL’s work-from-home policy changes. A pension fund for unionized retail and grocery workers won an Eleventh Circuit appeal against Perfection Bakeries, which claimed it was overcharged nearly $2 million in federal withdrawal liability. The bakery argued the […]
August 4
Trump fires head of BLS; Boeing workers authorize strike.
August 3
In today’s news and commentary, a federal court lifts an injunction on the Trump Administration’s plan to eliminate bargaining rights for federal workers, and trash collectors strike against Republic Services in Massachusetts.
August 1
The Michigan Supreme Court grants heightened judicial scrutiny over employment contracts that shorten the limitations period for filing civil rights claims; the California Labor Commission gains new enforcement power over tip theft; and a new Florida law further empowers employers issuing noncompete agreements.
July 31
EEOC sued over trans rights enforcement; railroad union opposes railroad merger; suits against NLRB slow down.
July 30
In today’s news and commentary, the First Circuit will hear oral arguments on the Department of Homeland Security’s (DHS) revocation of parole grants for thousands of migrants; United Airlines’ flight attendants vote against a new labor contract; and the AFL-CIO files a complaint against a Trump Administrative Executive Order that strips the collective bargaining rights of the vast majority of federal workers.