The 12 Companies Paying Americans the Least
The gap between rich and poor is well illustrated by the large multi-billion dollar corporations employing thousands of low-wage workers. With the Great Recession over, not only are many of these companies now hitting record profits, but their executive pay remains spectacularly high. Meanwhile, according to a report released by the National Employment Law Project, the current federal minimum wage the workers are often paid, is worth 30% less than it was in 1968 in terms of purchasing power.
Based on the National Law Employment Project’s report, 24/7 Wall St. Identified the 12 largest companies in industries that are primarily low-wage employers. The report also provided the most recent available data on the total size of the companies’ workforces, the recent performance of the corporations in terms of revenue and profit, and the highest executive pay at these companies. 24/7 Wall St. also reviewed revenue, income, and the number of stores from company filings.
These are the companies paying Americans the least.
Read more: The 12 Companies Paying Americans the Least – 24/7 Wall St. http://247wallst.com/2012/11/21/the-12-companies-paying-americans-the-least