Archive for the ‘Business Stories’ Category
Should Companies Profit When Employees Die?
Some companies have found a very creepy way to increase their bottom line. They are buying life insurance policies for employees in which the company and not the family receives the tax free payout in the event of the employees death. Millions of American workers have no knowledge that these policies have been taken out […]
In: Business Stories · Tagged with: Amp, Awkward Nature, Bottom Line, Buying Life Insurance, Crazy Twist, Dow Chemical, Financial Benefit, Insurance, Janitor, Life Insurance Policies, Life Insurance Policy, Life Policies, Likelihood, Loophole, Peasant, Salary Information, Walmart, Whole Life
Worker Cooperatives Share The Wealth
The idea of sharing the profits of a company equally among its workers may seem like a radical idea in a country based on the capitalist inverted triangle of profit distribution. Conversely, all of the employees in a cooperative business have equal value and tend to be happier and more productive since they are all […]
In: Business Stories · Tagged with: 19th Century England, Artisans, Average Salary, Business Decisions, Cooperative Business, Corporate Model, Equal Share, Petaluma California, Plight, Principals, Profit Distribution, Quality Of Life, Radical Idea, Salaries, Salary Information, Skilled Workers, Spokes, Stake, Street Bakery, Worker Cooperatives
Proposed Federal Wage Freeze
As the federal deficit begins to approach $14 Trillion dollars, new proposals are underway to reduce government spending. The latest being considered is a freeze on government employee wages for the next two years. The average annual government employee salary is now over $80,000 dollars as compared to just slightly over $50,000 dollars for private […]
In: Business Stories · Tagged with: Billion Dollars, Budget, Employee Salary, Employee Wages, Federal Deficit, Federal Employees, Federal Jobs, Federal Proposal, Federal Wages, Financial Health, Government Employee, Government Employees, Gum, Painful Sacrifice, Private Sector Employees, Proposals, Salary Information, Trillion, Wage Freeze
