{"id":2105,"date":"2012-11-26T15:45:32","date_gmt":"2012-11-26T20:45:32","guid":{"rendered":"http:\/\/blog.lawyer.com\/?p=2105"},"modified":"2020-07-27T11:26:17","modified_gmt":"2020-07-27T15:26:17","slug":"2012-11-26-corporate-executives-stand-tall-on-workers-shoulders","status":"publish","type":"post","link":"https:\/\/blog.lawyer.com\/index.php\/2012-11-26-corporate-executives-stand-tall-on-workers-shoulders\/","title":{"rendered":"Corporate Executives Stand Tall On Worker’s Shoulders"},"content":{"rendered":"
\"\"<\/a>
Show me the money!<\/figcaption><\/figure>\n

Despite the current upswing in revenue, large American corporations have decided to keep employee wages uncomfortably low while corporate profits increase. \u00a0Of the 12 companies that are paying their American employees the least, 7 are in the restaurant industry. \u00a0These include, McDonald’s, Burger King, Wendy’s, Starbucks, Darden Restaurants (Olive Garden, LongHorn Steakhouse, Red Lobster), Dine Equity (Applebee’s, IHOP), and Yum! Brands (Taco Bell, Pizza Hut, KFC). \u00a0These companies are within the\u00a0confides\u00a0of the law with the nation’s minimum wage regulations, but these employees are getting less bang for their buck than they should. \u00a0The current minimum wage is worth 30% less in terms of purchasing power than it was in 1968.<\/a>\u00a0 The other offenders of this immoral salary situation are national retail giants like Walmart, Target, and Sears. \u00a0Being compared to Walmart is rarely a good thing. \u00a0In this scenario Walmart is an especially bad company, since it is pretty well known that the Walmart CEO, Mike Duke, makes more in one hour than one of his employees makes in an entire year.<\/p>\n

<\/p>\n

The recession was a good reason for many of these companies to reduce employee pay, benefits, and opportunity such as full-time employment and overtime hours. \u00a0However, many of these large companies have now been making profit for several years. \u00a0\u00a0My first thought in defense of these 12 companies was that their employee salaries might have continued to stay low because companies are now required to provide health insurance due to the Affordable Care Act<\/a> (better known as Obamacare) and couldn’t afford to increase salaries. \u00a0While that seemed to make sense, I discovered that\u00a0these same companies that are paying low wages also have “a history of poor labor relations in employee benefits.<\/a>” \u00a0I also learned that “improvements in employee benefits or an increase in pay have not materialized for workers.<\/a>”\u00a0 So these employees are not receiving health benefits as a trade-off of for a lower salary. \u00a0There is no longer any\u00a0need<\/em> to under-pay employees. \u00a0But rather than increasing low employee salaries, these corporations have seen this as an opportunity to increase revenue and pad executive salaries.<\/p>\n

It’s difficult to revitalize the lower and middle classes when executives are quietly making a killing and employees struggle to make ends meet during the first economic upswing in years. \u00a0It is frustrating to hear these same executives complain about the constraints of the Affordable Care Act while their wallets are getting fat at a record pace. \u00a0In order to return to normalcy a little humanity has to shine through the greed and selfishness that has taken over American corporations. \u00a0Perhaps, the minimum wage needs to be raised to reflect the current economic market since employers have proven that they are incapable of doing the right thing on their own.<\/p>\n","protected":false},"excerpt":{"rendered":"

Despite the current upswing in revenue, large American corporations have decided to keep employee wages uncomfortably low while corporate profits increase. \u00a0Of the 12 companies that are paying their American…<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_s2mail":"yes","footnotes":""},"categories":[3],"tags":[1068,1012,1057,1056,1062,1065,1060,804,1069,1014,1059,1064,27,1061,1067,922,1063,923,1066,1058],"class_list":["post-2105","post","type-post","status-publish","format-standard","hentry","category-settlements","tag-affordable-care-act","tag-applebees","tag-burger-king","tag-corporations","tag-ihop","tag-kfc","tag-longhorn-steakhouse","tag-mcdonalds","tag-minimum-wage","tag-obamacare","tag-olive-garden","tag-pizza-hut","tag-recession","tag-red-lobster","tag-sears","tag-starbucks","tag-taco-bell","tag-target","tag-walmart","tag-wendys"],"_links":{"self":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts\/2105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/comments?post=2105"}],"version-history":[{"count":18,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts\/2105\/revisions"}],"predecessor-version":[{"id":9417,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts\/2105\/revisions\/9417"}],"wp:attachment":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/media?parent=2105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/categories?post=2105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/tags?post=2105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}