4 ms·
It's hard to divorce this seemingly good news from the reality that this is probably enabled by the fact the companies like BoA don't hire low-wage workers anym
by dmitryminkovsky 8y ago
It's hard to divorce this seemingly good news from the reality that this is probably enabled by the fact the companies like BoA don't hire low-wage workers anymore [0].
[0]: https://www.nytimes.com/2017/09/03/upshot/to-understand-rising-inequality-consider-the-janitors-at-two-top-companies-then-and-now.html https://www.nytimes.com/2017/09/03/upshot/to-understand-risi...
- CydeWeys 8y agoThis is a good point and a good article. If Bank of America like many other companies outsources a lot of its lower-paid positions, and these new standards won't apply to the outsourced jobs, then a higher minimum wage that mostly applies to people that were already being paid that much anyway won't do too much. I wonder if they're going to do something like my employer, and mandate minimum wage and benefits for all of their contractors as well? https://www.forbes.com/sites/rakeenmabud/2019/04/09/googles-new-benefits-policy-and-the-role-of-worker-advocacy/ https://www.forbes.com/sites/rakeenmabud/2019/04/09/googles-...