How Big Firms Keep Wages Low

In monopsony markets, employers are supersized or make themselves the one and only employer relevant for their workers. As such, they can keep ...

Corporate power keeps U.S. wages 20% lower than they should be ...

With inflation at a four-decade high, a U.S. government report shows corporate America has used its clout in the labor market to keep wages ...

The High Cost of Neglecting Low-Wage Workers

They don't realize that low-wage workers want to stay with them. ... Companies recognize that many of their low-wage positions involve difficult, dirty, or ...

Companies have monopoly power over workers' wages. That's ... - Vox

For a long time, the conventional wisdom was that wage growth had slowed because of rising competition from low-paid workers in foreign ...

Why don't huge companies actually pay workers well and then beat ...

They do. Then they expand and have to higher more people, which means that lower margin translate to a lower wage. They do it to grab market ...

Big Companies Are Raising Wages for Lowest-Paid Workers - SHRM

Employers that raise their minimum wage often act to offset the increase in costs. For example, some companies reduce the amount of labor ...

Big companies used to pay the best wages. Not anymore - Business

The second theory is that large firms are driving a harder bargain with workers, as shareholders push CEOs to lower the percentage of operating ...

Low Wage Workforce Tracker - Economic Policy Institute

Low pay is a widespread problem, resulting from outdated minimum wages that don't keep up with cost of living and a weakening of workers' bargaining power ...

Wage Stagnation in Nine Charts | Economic Policy Institute

In a nation of increasing inequality, the most extreme wage disparities are between the heads of large American corporations and typical workers. This figure ...

Big Companies Don't Pay as Well as They Used To

The researchers estimate that this decline in how much more big firms pay explains 32% of the rise in inequality between the 90th and 10th ...

Minimum wages create opportunities for good jobs and better ...

Lower employee turnover rates can increase the productivity of firms because more experienced workers stay on for longer. Lower turnover rates ...

Why do the wealthiest companies pay such low wages? - Quora

Because it doesn't matter how wealthy the company is. Your wage comes out of the value you produce. If you produce low value, you get a low ...

Boosting wages when U.S. labor markets are not competitive

When labor market concentration is high and competition is low, employers are underpaying workers even though firms can afford to pay their ...

Employer Concentration and Stagnant Wages | NBER

In addition to finding lower wages in monopsony markets, the researchers also found that, over time, firms that dominate their labor markets were less likely to ...

Big Business, Corporate Profits, and the Minimum Wage

Big Business, Corporate Profits, and the Minimum Wage. Policy & Data Brief July 20, 2012. Download. Download. Share. Related to.

Good Jobs Are Good Business | TIME

When pay is low, companies end up in their own vicious cycle: High turnover hurts company performance, ensuring that pay stays low and turnover ...

Does Raising The Minimum Wage Result In Job Losses In Small ...

Increased labor costs: Small businesses with low profit margins may struggle to absorb the increased labor costs associated with a higher ...

Low Wage Work Isn't Just Bad for Employees — It Hurts Customers ...

But it was hard to keep ... At many big stores, workers are short-handed ... And anyone who's worked for one of these low-wage companies can tell ...

Firm Size and Wages - Utah Data Research Center

Second, an efficiency wage is employed to prevent shirking. A large firm is less able to monitor employees to ensure that employees remain productive; this ...

Minimum Wage is Not Enough - Home - Drexel University

Low-wage employers in the U.S. are not the small, local businesses that many often picture as unable to afford the cost of high wages. In fact, the majority of ...