In the year 2012, federal and state agencies recovered $933 million for wage theft victims. Research conducted by the Economic Policy Institute estimated that workers in America lose $20 to $50 billion annually to employers who are not paying workers what they’re legally owed. That’s not a misprint. Wage theft can come in many different forms — not paying employees the federal, state, or local minimum wage, failing to pay overtime, or the dismissal of job promotions. [Read more…]
According to the California Legislature, full-time working women in California lose over $33 billion every year as a result of gender wage disparities. That’s not a misprint — the precise estimate was $33,650,294,544. Nationally, the average gender wage gap stands at 79 cents on the dollar, the Census Bureau reports.