| ▲ | miltonlost 3 hours ago | |
They're just spending all they money they saved from the wage theft. | ||
| ▲ | fmbb 2 hours ago | parent | next [-] | |
Wage theft is saving them tens of billions in the US every year. So they are hardly spending all of that for this! | ||
| ▲ | atmavatar 2 hours ago | parent | prev | next [-] | |
I doubt it's close to everything they saved. $1.5B is roughly the wage theft recovered between 2021-2023. It's estimated that more than $15B in wage theft occurs annually just from minimum wage shortfalls. See: https://www.epi.org/publication/wage-theft-2021-23/ Keep in mind that wage theft is narrowly defined to include only blatantly illegal actions such as underpaying minimum wage, failing to pay overtime, requiring off-the-clock work, denying meal breaks, etc. It that doesn't even get into more general wage suppression via abusing visas, anti-poaching collusion with competitors (a favorite pastime of FANNG), and at-or-below inflation raise policies, among other things, which have caused wages to diverge from productivity over the last half century. | ||
| ▲ | 2 hours ago | parent | prev [-] | |
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