3 ms·
I'm not sure what you mean by "harming companies and the public"; however we can come up with concrete examples of companies harming working people in the US.
by lukewrites 4y ago
I'm not sure what you mean by "harming companies and the public"; however we can come up with concrete examples of companies harming working people in the US.
Wage theft in the US alone costs working people billions of dollars annually; by some estimates employers stealing from employees results in "three times as much economic loss as all other types of theft combined". (https://www.edelson-law.com/blog/2022/10/wage-theft-outpaces-all-other-theft-in-america/ https://www.edelson-law.com/blog/2022/10/wage-theft-outpaces...)
EPI has done work around this:
> in the 10 most populous U.S. states. We find that, in these states, 2.4 million workers lose $8 billion annually (an average of $3,300 per year for year-round workers) to minimum wage violations—nearly a quarter of their earned wages
https://www.epi.org/publication/employers-steal-billions-from-workers-paychecks-each-year/ https://www.epi.org/publication/employers-steal-billions-fro...