wages

Bill Radke speaks with Stephen Rodrick about why he decided to profile Gravity Payments CEO Dan Price for Esquire magazine and what he learned. Price made headlines when he slashed his own million dollar salary to raise the salary of all his employees to $70,000 a year. 

Tens of thousands of Oregonians will get a raise Friday when the state's minimum wage goes up for the first time in 18 months.

Cary Chin works at the front desk of Seattle-based Gravity Payments. CEO Dan Price told his employees that he was cutting his own salary and using company profits so they would each earn a base salary of $70,000.
AP Photo/Ted S. Warren

Kim Malcolm talks with Puget Sound Business Journal editor-in-chief Emily Parkhurst about Dan Price, CEO of Ballard-based Gravity Payments. In 2015, Price announced he would raise the minimum salaries of all of his employees to $70,000. Price is now being sued by his brother Lucas Price, a minority shareholder in the company.

In recent years, there's been a no-tipping movement within the restaurant industry.

The idea has been to rectify a basic pay unfairness to even out the pay between tipped and untipped employees. Dishwashers and cooks at the back of the house don't earn as much money as waiters because they don't get tips.

So, do away with tipping, raise menu prices a little bit, and pay everyone a higher wage.

To understand the economy, you have to do a lot of measuring. What's bigger? What's growing? What's unequal?

On national Equal Pay Day, women and economists take a hard look at incomes. And their measurements show that after decades of the equal-rights battles, men still get bigger paychecks — sometimes for the same work.

April 12 is National Equal Pay Day
Flickr Photo/Metropolico.org (CC BY-SA 2.0) https://flic.kr/p/mhj6K8

There's essentially no pay-gap for women or people of color who work for Microsoft. The company has released that data in time for National Equal Pay Day, today.

Microsoft research shows women make 99.8 cents per every dollar made by men in the same company role. The ratio for people of color compared to white employees is dollar-for-dollar, on average.

File photo of tech computer
Flickr Photo/World Bank Photo Collection (CC BY NC ND 2.0)/https://flic.kr/p/eUtLoM

Jeannie Yandel speaks with Natasha Lamb, director of equity research and shareholder engagement for Arjuna Capital, about activist investing and the firm's role in pressuring tech companies to close the gender pay gap.   

Many Americans tell pollsters and politicians that they're angry. Why?

At least part of the answer might be tucked inside the February jobs report, released Friday by the Labor Department. Consider this:

school classroom education
Flickr Photo/KT King (CC BY 2.0)/https://flic.kr/p/8oTq2a

Bill Radke talks to Governor Jay Inslee about his proposal to raise teacher salaries in Washington state as a way of dealing with the teacher shortage. 

The Obama administration is proposing a new rule to address unequal pay practices by requiring companies with more than 100 employees to submit salary data by race, gender and ethnicity.

The announcement comes seven years after President Obama signed the Lilly Ledbetter Fair Pay Act — his first piece of legislation as president — which makes it easier for women to challenge discriminatory pay in court.

Cary Chin works at the front desk of Seattle-based Gravity Payments. CEO Dan Price told his employees that he was cutting his own salary and using company profits so they would each earn a base salary of $70,000.
AP Photo/Ted S. Warren

Bill Radke speaks with Karen Weise, a reporter for Bloomberg Businessweek, about Dan Price, CEO of Gravity Payments in Seattle. Price rose to fame after raising the minimum wage at his company to $70,000. But Weise says he created an image of altruism while downplaying some inconvenient facts. 

tip restaurant money
Flickr Photo/Eric Heath (CC BY 2.0)/http://bit.ly/1N9PRX1

Chef Renee Erickson says she was trying to close pay gaps among her employees when she eliminated tipping at her Seattle restaurants.

But she told KUOW’s David Hyde that the change also might help battle another problem in restaurants: sexism.

Ross Reynolds talks with University of California Berkeley economics professor Enrico Moretti, author of “The New Geography of Jobs,” about how the Seattle area can avoid the growing pains of a booming economy like unaffordable housing and traffic gridlock.

Moretti says improved mass transit it a key because it helps low income people get to jobs. Moretti also says Seattle’s $15 minimum wage will help mitigate the higher prices that come with growth, but he’s confident that growth will eventually lead to higher wages for everyone too.

Workers who harvest clams at a Bellingham-based company say their employer underpaid them for years. They have filed a lawsuit for wage theft.

 

David Hyde spoke with News Tribune reporter Kathleen Cooper about two proposals to hike the minimum wage in Tacoma that are on the November ballot.  

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