Do you know the origin of May Day? It began with an organized labor strike in 1886, and led to the 8-hour workday…Read More
President Obama says, “The fundamental principle behind overtime pay comes from a Depression-era law called the Fair Labor Standards Act, which helps ensure that workers who put in more than 40 hours per week should generally get paid more for that extra time. I directed Secretary of Labor Tom Perez and the Department of Labor to update and modernize the overtime rules and uphold that principle… It doubles the salary threshold and automatically updates it every three years. The rule takes effect December 1.”Read More
…Hamdi Ulukaya, Chobani CEO, is giving his full-time workers shares of stock worth up to 10 percent of the privately held company’s value… Ulukaya’s announcement raised eyebrows all over corporate America. Many are viewing it as an act of charity. Forbes Magazine calls it one of “the most selfless corporate acts of the year.”….[But] the award isn’t a gift but “a mutual promise to work together with a shared purpose and responsibility.” […]Read More
Here’s a gentle United Nations video-reminder to multinational corporations that they should not abuse the human rights of their workers. Allow me to say it more plainly: Exploiting people and/or the environment for profit is shameful; it’s stealing.Read More
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