3 ms·

Wage theft happens in both directions. Business trying to pay less and also contractors putting in less time than claimed.

• wahnfrieden 4y ago
  Yes and the latter is a much much much smaller category to the point of irrelevancy
  • mc32 4y ago
    I'm not sure, where are you getting those figures from? I can't find solid figures for either but the rough figures (guesstimates) I come across seem to indicate time theft is a larger problem than wage theft.
    • wahnfrieden 4y ago
      you can find numbers easily, here's an article from the other week: https://www.cbsnews.com/news/owed-employers-face-little-accountability-for-wage-theft/ https://www.cbsnews.com/news/owed-employers-face-little-acco... >According to one estimate from the nonprofit think tank Economic Policy Institute, reported and unreported wage theft could amount to as much as $50 billion per year owed to workers. > >That number dwarfs criminal offenses such as robbery, which accounted for just under $500 million in losses in 2019, according to FBI data. Burglary accounted for about $3 billion in losses that same year, and motor vehicle theft made up about $6 billion. is time theft a $50 billion problem?
      • mc32 4y ago
        These are estimates. You can also find estimates for time theft in the same ballpark. Solid figures are much lower —estimates are higher as they have to extrapolate into areas with little data.