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Ask HN: Should Fortune 500 companies be ashamed pay below the poverty level?
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1 points
by daspecster
4833 days ago
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Aside from high schoolers and interns, shouldn't top companies be ashamed to employ people below the poverty level? I realize for a company, cheap labor is preferable but this just perpetuates poverty. If you took 1 trillion dollars in corporate profits, and spread it over everyone in the U.S. that would add roughly $2500 to everyone's pockets. http://www.nytimes.com/2013/03/04/business/economy/corporate-profits-soar-as-worker-income-limps.html I'm not talking about the government adjusting minimum wage. I'm just saying that maybe there should be a social stigma towards large and profitable companies paying employees so little. This is happening in America, at places you shop at everyday. Just a thought. |
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