#lowwages — Public Fediverse posts

People’s SONA to highlight Marcos admin’s US puppetry, rights abuses
Progressive groups urged the people to join the July 27 People's SONA.
The post People’s SONA to highlight Marcos admin’s US puppetry, rights abuses appeared first on Bulatlat.
https://www.bulatlat.com/2026/07/18/peoples-sona-to-highlight-marcos-admins-us-puppetry-rights-abuses/

#bulatlat #philippines #NationalSovereignty #AntiTerrorAct #Landlessness #Lowsalariesforteachers #Lowwages #UnitedStates

Too Young to Work, Too Young to Die: Egypt’s Ongoing Child Labor Crisis https://www.byteseu.com/1198391/ #Agriculture #ChildLabor #ChildLabourInEgypt #Egypt #EgyptianWomen #egyptians #InformalEconomy #InformalWorkers #Life&Society #LowWages #menoufia #News #Politics #society #UNICEF

On this #IndependenceDay, we remember that #truefreedom is not just the right to vote or speak—it’s the right to live with #dignity. Yet millions across this nation are denied that freedom by #poverty, #lowwages, and unjust systems.

Let this #4thofJuly be a declaration—not just of #independence, but of #interdependence. We #risetogether, or not at all.

Join us!
#MDPPC #PoorPeoplesCampaign

On this #IndependenceDay, we remember that #truefreedom is not just the right to vote or speak—it’s the right to live with #dignity. Yet millions across this nation are denied that freedom by #poverty, #lowwages, and unjust systems.

Let this #4thofJuly be a declaration—not just of #independence, but of #interdependence. We #risetogether, or not at all.

Join us!
#MDPPC #PoorPeoplesCampaign

On this #IndependenceDay, we remember that #truefreedom is not just the right to vote or speak—it’s the right to live with #dignity. Yet millions across this nation are denied that freedom by #poverty, #lowwages, and unjust systems.

Let this #4thofJuly be a declaration—not just of #independence, but of #interdependence. We #risetogether, or not at all.

Join us!
#MDPPC #PoorPeoplesCampaign

On this #IndependenceDay, we remember that #truefreedom is not just the right to vote or speak—it’s the right to live with #dignity. Yet millions across this nation are denied that freedom by #poverty, #lowwages, and unjust systems.

Let this #4thofJuly be a declaration—not just of #independence, but of #interdependence. We #risetogether, or not at all.

Join us!
#MDPPC #PoorPeoplesCampaign

On this #IndependenceDay, we remember that #truefreedom is not just the right to vote or speak—it’s the right to live with #dignity. Yet millions across this nation are denied that freedom by #poverty, #lowwages, and unjust systems.

Let this #4thofJuly be a declaration—not just of #independence, but of #interdependence. We #risetogether, or not at all.

Join us!
#MDPPC #PoorPeoplesCampaign

#USA #CEOs #StockBuybacks #LowWages: "Why would CEOs prefer buybacks to dividends? Because CEOs sit on tons of shares. Even if only some of those shares have vested, a CEO who uses this ruse to increase share prices can cash those shares out, borrow against the rest, and count on a big stock grant from shareholders who are grateful for their windfall.

That means that the true cost of a CEO pay package isn't the value of the shares they're awarded – it's the cost of the stock buyback that leads to that award. And this is where the numbers get truly, obscenely, huge.

Take Lowe's: over the past five years, CEO Marvin Ellison spent $43 billion on stock buybacks, netting $18 million for himself in the process. Now, Lowe's has 285,000 employees, half of whom earn less than $33,000/year. Divide Ellison's $18m among those workers and each of them would net a paltry $126/year. But if you were to share out the $43 billion Ellison had to piss up against a wall on stock buybacks among those workers, you'd be able to give every worker a $30,000 bonus, every year:
(...)
Lowe's leads the "Low-Wage 100," IPS's index of the worst paying 100 companies out of the S&P 500. Over the past five years, the Low-Wage 100 has spent more than half a trillion dollars on stock buybacks. As with other companies, the CEOs of the Low-Wage 100 timed mass sell-offs of their shares to coincide with the buybacks:"

https://pluralistic.net/2024/09/09/low-wage-100/#executive-excess

#USA #CEOs #StockBuybacks #LowWages: "Why would CEOs prefer buybacks to dividends? Because CEOs sit on tons of shares. Even if only some of those shares have vested, a CEO who uses this ruse to increase share prices can cash those shares out, borrow against the rest, and count on a big stock grant from shareholders who are grateful for their windfall.

That means that the true cost of a CEO pay package isn't the value of the shares they're awarded – it's the cost of the stock buyback that leads to that award. And this is where the numbers get truly, obscenely, huge.

Take Lowe's: over the past five years, CEO Marvin Ellison spent $43 billion on stock buybacks, netting $18 million for himself in the process. Now, Lowe's has 285,000 employees, half of whom earn less than $33,000/year. Divide Ellison's $18m among those workers and each of them would net a paltry $126/year. But if you were to share out the $43 billion Ellison had to piss up against a wall on stock buybacks among those workers, you'd be able to give every worker a $30,000 bonus, every year:
(...)
Lowe's leads the "Low-Wage 100," IPS's index of the worst paying 100 companies out of the S&P 500. Over the past five years, the Low-Wage 100 has spent more than half a trillion dollars on stock buybacks. As with other companies, the CEOs of the Low-Wage 100 timed mass sell-offs of their shares to coincide with the buybacks:"

https://pluralistic.net/2024/09/09/low-wage-100/#executive-excess

In “It’s 2023. BC #FarmWorkers Deserve #Basic #MinimumWage Guarantees”, the #authors reveal how our current #PieceRate system for #agricultural #workers is #fraught with #LowWages , #exploitation , #classism & #racism .

https://scoutmagazine.ca/2023/03/15/david-fairey-and-anelyse-weiler-discuss-the-migrant-worker-piece-rate-system/

#BritishColumbia #MigrantWorkers #HumanRights #FairWage #BCFarms #Canada #injustice #AsianMastodon #podcast #Canadian #labour #RespectFarmWorkers #PayFairWages #MigrantWorkerRights #BackbreakingWork #HardWorkLowWage #StopExploitation