Thursday, 16 July 2015

Pay Is Stagnant for Vast Majority, Even When You Include Benefits

Pay Is Stagnant for Vast Majority, Even When You Include Benefits

Between 2007 and 2014 the median worker’s wages and compensation declined, respectively, by 4.0 and 1.9 percent. Among the bottom 40 percent of workers there was an even greater decline in compensation than there was in wages, indicating that including benefits as well as wages in an analysis results in a more adverse trends
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