Word: underpay
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Dates: during 2000-2009
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Similarly, protesters often argue that Nike has monopsonist power over the job market in some countries, which allows Nike to underpay its workers for lower costs and higher profits. Because of this, Nike—and other companies with similar employment situations—should sacrifice some of their profits to pay their employees better, since the employees’ only option is to work for Nike (or to not work at all). But simply arguing that Nike has a fiduciary “duty” to employees or that it “should” return some...
...billion Estimated amount by which Americans will underpay the IRS this year...
...morale-killing store managers - recently factored into a labor case the company lost in Oregon. A jury found the company guilty of requiring associates to work unpaid overtime. The company plans to appeal; some 40 other wages-and-hours lawsuits are pending. Wal-Mart says it doesn't underpay employees, and that it's a good place to work. The company will enroll 5,500 people (most from store ranks) in its management-training program. "If the jobs are so bad, why are so many people working for Wal-Mart?" asks Charlyn Jarrells Porter, the company's head of personnel...