Word: wage
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While many domestic manufacturers increasingly rely on undocumented workers who earn minimum wage and receive no benefits, Patrick credits his company's environmentally friendly business practices, above-average pay and good employee benefits for making the firm more, not less, competitive. And he lays most of the blame for the decimated manufacturing industry on an uneven playing field with China. "The [previous] Administration refused to make China play by the rules," he says. "If China stops the illegal subsidies they're giving their industries and does something to offset the currency manipulation, we're good...
...places to cut. And they have found them. Departments have slashed around 15 percent of costs, Allston development has been significantly delayed, and undergraduate Houses have had to tweak refurbishment plans. Furthermore, the university went ahead with a voluntary early retirement program and an across-the-board hiring and wage freeze...
...Until then, campus activists will wage fruitless campaigns. They’ll pass out flyers and wear ribbons and march on the Yard, but to no avail. And they will likely ignore these words of caution, as they are convinced of the righteousness of their causes. Many protestors like to quote Frederick Douglass, who once said that those who want freedom without agitation “want the ocean without the awful roar of its many waters.” But point out that these protests don’t make so much as a splash, and campus activists seem...
...thus Obama’s announcement comes at the exact right time. Immigration law is in dire need of a total policy overhaul. With conservative estimates of 12 million people living illegally within our borders, American society faces several problems. These illegal laborers tend to accept lower wages and zero benefits and are often reluctant to report abuse or maltreatment—each contributing to the propagation of social ills. In addition, the federal government is losing billions in potential tax revenue from these workers. The solution, according to the president, would be to offer a path of legal residency...
Ultimately, the final decision about the fate of The Globe rests with its unions. The prospect of considerable wage cuts is an unfortunate reality for union members to confront, but the terms offered by The New York Times Co. are undeniably preferable to the total loss of jobs and wages that would accompany the closure of the newspaper. The unions should consider their own immediate and long-term interests, as well as those of their paper, and be willing to accept substantial cuts. Print journalism faces a wide range of challenges in today’s changing media environment...