Another major retailer in the United States is giving a boost to its base salary, although the size of the increase will vary from state to state. On Thursday morning, the Swedish furniture retailer IKEA announced that it would be adopting a new wage structure which is expected to increase pay for about 50% of its American employees. The change in company policy will take effect on January 1, 2015.
As the White House convenes its summit on the issues facing working families this week, it’s easy to feel discouraged. The proposals topping the agenda–paid leave, flexible work, childcare–are all great ideas. The problem is they’re the same great ideas advocates have been suggesting for years—decades, even.
Once upon a time, the term “government job” was not synonymous with boondoggles, corruption or the perennial “waste, fraud and abuse.” During the New Deal, the state proudly created jobs and spent public money as a vital intervention to check the excesses of market capitalism. Today, the public is disgusted with both fiscal policy and the free market.
A public policy group instrumental in a successful campaign to win a higher minimum wage for federal contract workers is now aiming at a larger target — federal contracting companies.
Demos, in a report released Wednesday, said Uncle Sam could better use his $1.3 trillion in purchasing power by pushing government contractors to improve conditions for their employees.
