Workers at top 20 US low-wage firms rely on public assistance, report says

Source: US news | The Guardian · Bias: Center Left

Summary

Study finds workers at 20 S&P 500 firms rely on Medicaid and Snap as CEO pay and buybacks soarMany workers at some of the largest US corporations have no choice but to rely on healthcare and food assistance because of low wages, even as CEO compensation continues to grow, according to a new report released Wednesday.The report, published by the Institute of Policy Studies, focuses on 20 of the S&P 500 corporations that have primarily US-based workforces and report the lowest median wages of the group. Continue reading...

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Workers at top 20 US low-wage firms rely on public assistance, report says
US news | The Guardian

Workers at top 20 US low-wage firms rely on public assistance, report says

Center Left

Study finds workers at 20 S&P 500 firms rely on Medicaid and Snap as CEO pay and buybacks soarMany workers at some of the largest US corporations have no choice but to rely on healthcare and food assistance because of low wages, even as CEO compensation continues to grow, according to a new report released Wednesday.The report, published by the Institute of Policy Studies, focuses on 20 of the S&P 500 corporations that have primarily US-based workforces and report the lowest median wages of the group. Continue reading...