Wages Articles

McDonald’s Employees Sue, Claim Wage Theft

According to the Chicago Tribune, there have been seven class-action lawsuits filed by McDonald’s restaurant employees recently. The suits charge McDonald’s with systematically stealing wages from employees in a variety of ways. Some of the plaintiffs said that the burger …

Study: An Active Sex Life Increases Your Wages

The news is in, folks: gettin’ lucky increases your lifespan. A study published by the Institute for the Study of Labor in Germany has concluded that people who have sex four or more times a week earned more money than …

Foxconn May Increase Wages Foxconn May Increase Wages

It was recently reported that Apple Inc. has teamed up with Foxconn, the Chinese supplier of iPhone and iPad devices, to improve the labor conditions in its manufacturing facilities. Foxconn is also investing $210 million into building a new production …

Foxconn Promises More Wages, Less Hours Foxconn Promises More Wages, Less Hours
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Foxconn, the main manufacturer of electronics for Apple, has promised to reduce working hours and increase wages across its factories in China, the New York Times is reporting. The changes come after inspections from the Fair Labor Association discovered poor …

Tech Pay Soars Near New Heights

In some companies, the tech professionals work in dimly lit rooms for 50 hours a week.  But then, with any luck, they stride out into the parking lot and drive home their Porsches; new data indicates that tech wages are almost higher than they’ve ever been before.

Yahoo China Wages War On Qihoo
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Yahoo China is preparing to file an aggressive new lawsuit against Qihoo, a rival portal. The case will reportedly target Qihoo’s founder (and former president of Yahoo China), Zhou Hongyi, by claiming “that Zhou has embezzled from Yahoo China and defrauded it.”

Wages of Fear

In the circles of power, fear is often admired as a potent motivator. In his classic discourse on power politics, The Prince, Niccolo Machiavelli offered the following thoughts on the question of whether it is better for a leader to be feared or loved: “If we must choose between them, it is far safer to be feared than loved.

Wages Fail To Keep Up With Inflation

Wages after adjusting for inflation, fell for the second straight month and did not keep up with the rise of consumer prices in March.