Why We're Giving Our Employees a Raise Jamie Dimon, CEO of Chase Bank, wrote an op-ed for the NY Times proclaiming he would raise salaries, over time, for his lowest paid workers from $10.15 an hour to $12 to $16.50 an hour. Dimon's compensation is $27M per year. [more inside]
"I say “you” deliberately here, because much of the writing about low-wage workers tends to obscure just that fact — that these stories could well be about you. Too much writing on the left and the right has tended to treat the people in some of the nation’s most common jobs as if they are some exotic Other rather than our neighbors, our family members and ourselves. " --Sarah Jaffe on the media's strange ways of talking about low-wage workers.
Boston College sociology professor Lisa Dodson does research on poverty, public policy, and low-income work and family life. Recently her research took a different turn, as she discovered through interviews with U.S. managers in charge of low-income workers that some of them feel "(a) sense of unfairness (...) as a supervisor, making enough to live comfortably while overseeing workers who couldn’t feed their families on the money they earned. That inequality, he told her, tainted his job, making him feel complicit in an unfair system that paid hard workers too little to cover basic needs." Professor Dobson talks about this phenomenon, and how it plays out in that some managers undermine the system, in interviews in the Boston Globe and on public radio. [more inside]
Maid for a Month. On February 1, Ontario raised its minimum wage from $7.45 to $7.75 per hour. Well-known Toronto Globe and Mail writer Jan Wong: "I thought the best way to tell the story of that 30-cent raise was to work — and live — at the bottom of the food chain. I would find a low-paying job, a low-rent apartment and, single-mom-like, take my boys with me for the month and see how we survived."
Find out if you would survive as a poor, single mother.