Bosses steal billions from their workers every year

[DirtyD]

Bosses steal billions from their workers every year
Wage theft takes more from American workers than burglaries and robberies.

Stories like Daniel’s rarely make the evening news. But this kind of illegal behavior — wage theft — is more common than robberies. American employers are stealing from their workers at an alarming rate.

In the ten most populous states in the country, employers steal $8 billion a year from their employees simply by paying them less than the legally mandated minimum wage, according to a new report from the Economic Policy Institute (EPI). For the 2.4 million workers who are affected — 17 percent of the low-wage workforce — that amounts to an average loss of $64 a week. Given that they’re making just over $200 a week, on average, they miss out on nearly a quarter of their earnings.

For someone working full-time under such conditions, he’ll lose $3,300 a year and bring home just $10,500 total — far below the poverty line.

In fact, the report notes, wage theft is pushing a huge number of families into poverty. The poverty rate among workers who are illegally paid less than the minimum wage is over 21 percent, or three times the poverty rate for all minimum wage workers. If, instead, they were paid what they should be, a third would be lifted out of poverty and the rate would fall to under 15 percent.

EPI’s figures also undercount the full extent of wage theft because they’re only focused on one type of illegal behavior: failing to pay employees the legally mandated minimum wage in their state. But wage theft generally encompasses any way that “employers are keeping money that workers are legally entitled to,” Cooper said: failing to pay overtime, pocketing tips, making employees work off the clock, denying them breaks, misclassifying them as exempt from minimum wage rules, and illegally deducting things from their pay.

https://thinkprogress.org/wage-theft-report-54d917ef1dd4

These thugs should be held to account for their crimes. :Whitepls:

 

[JahFocus CS]

Capitalism itself is theft, so really, its trillions of dollars being stolen from workers every year


But yeah, wage theft is a serious issue

 

[Serious]

@DEAD7

 

[ORDER_66]

The Rich get Richer..... Why so surprised these CEO's and major stockholders get all these bonuses??? They taking it from the salaries of their employees...

 

[88m3]

I wonder how much Donald Trump will steal from the American public?

 

[ORDER_66]

I wonder how much Donald Trump will steal from the American public?

ALOT, why you think he's cutting all these programs he's robbing the country blind... Billions of govt dollars... He's a conman and gonna leave the US in a financial ditch before he leaves, just you watch...

 

[Yapdatfool]

They are adults that signed a legally binding employee handbook (err contract), they knew what they were getting into no sympathy

Bootstraps & hard work

 

[Pressure]

Capitalism.

 

[Pressure]

The coli told me employees should just take them to federal court. By the coli I mean pink Freud.

 

[Breh13]

It'll trickle down brehs.

Keep believing in the American dream.