One of the major challenges facing micro-workers globally is the cost and friction of processing international payments to local currencies. Processing a $5 micro-payment from the US to Kenya may cost...
Tag: Workers
Backlash against Russian-branded gas stations hits American workers
NEWARK, N.J.—Outraged by the invasion of Ukraine, lawmakers in New Jersey’s largest city lashed out at one of the closest symbols of Russia they could find—a pair of Lukoil gas stations. The New...
The Movement To Unionize Retail Workers Picks Up
“Some of the more progressive employers are also some of the worst union busters that workers have … [+] faced,” shared Chelsea Conner, a RWDSU spokesperson, (Photo by Patrick T. FALLON / AFP) (...
Freelance Workers in Argentina Among Most Active in LATAM Receiving Part of Paycheck in Crypto – News Bitcoin News
A recent report states that freelancing is experiencing a boom in Argentina, and also comments on how Argentinians are among workers in the region that most actively use cryptocurrencies to receive pa...
This company offers its contract workers benefits and job security
Harriet Talbot quit her full-time job at Unilever to take part in its U-Work program in London. Courtesy: Harriet Talbot Millions of Americans are quitting their jobs and rethinking what they want whe...
China’s Overtime Culture Under Scrutiny After Tech Worker’s Death
People walk past the headquarters of ByteDance, the parent company of video sharing app TikTok, in … [+] Beijing on September 16, 2020. GREG BAKER/AFP via Getty Images ByteDance, operator of the...
For White-Collar Workers, It’s Prime Time to Get a Big Raise
White-collar professionals are reaping big pay gains as worker bargaining power spreads across the U.S. economy and shows early signs of durability. Wall Street banks are boosting compensation for emp...
Young workers may see $800 more in their tax refunds this year
Many young workers may get an extra $820 in their tax refund this year because of the expansion of a key poverty-fighting credit, a new analysis found. The expanded Earned Income Tax Credit (EITC) wil...
Louis Vuitton Raises Prices And Workers Walk Out, Challenging Its Creative Cultural Claim
“Louis Vuitton is a company that is involved in many aspects of cultural life. It’s not just a … [+] fashion brand, it’s a cultural brand with a global audience,” LVMH Bernard Arnault said. (Pho...
IBM Emails Show Millennial Workers Favored Over ‘Dinobabies’
(Bloomberg) — IBM executives discussed in emails how to force out older workers and derided them as “Dinobabies” who should be made an “Extinct species,” according to a court filing in an age di...
These sisters launched QuickHire app to help service workers find good jobs
The launch of QuickHire was spurred by the pandemic, but it’s really been years in the making. Angela Muhwezi-Hall, 32, first thought of the idea in 2017 when she was working as a college and ca...
Citigroup CEO faces disgruntled workers, regulators’ demands in tough first year
Citi CEO Jane Fraser makes brief remarks during a meeting with U.S. President Joe Biden and fellow chief executives to discuss the looming federal debt limit in the South Court Auditorium in the Eisen...
Fewer Visas Did Not Help U.S. Workers
Women pick crabs at the W.T. Ruark Seafood Co., in Hoopers Island, Maryland. H-2B visas have been … [+] considered essential to Maryland’s crab industry. (Photo by Mark Wilson/Getty Images...
There were 4.6 million more job openings than unemployed workers in December
A woman walks past a “Now Hiring” sign in front of a store on January 13, 2022 in Arlington, Virginia. Olivier Douliery | AFP | Getty Images Job openings totaled nearly 11 million in Decem...
Flexible Workers Are Driving A Shift Towards Crypto Payroll Providers
The COVID-19 pandemic has sparked a revolution in the workplace. Many businesses are permanently shifting to remote working, and seizing the opportunities presented by a decentralized working model. F...
Better.com workers leaving in ‘droves’ in wake of CEO Vishal Garg’s return
Welcome to my new weekly fintech-focused column. It’s an incredible time to be a financial technology journalist. Besides the fact that over 20% of all venture dollars last year went into fintech star...
Peloton’s Extreme Sales Quotas Shortchanged Workers, Lawsuit Says
(Bloomberg) — Peloton Interactive Inc. was sued by a former sales representative who says the company forced employees to work off the clock without paying overtime and set sales quotas impossib...
T-Mobile Will Reportedly Terminate Office Workers Who Are Not Fully Vaccinated Against Covid By April 2
Topline T-Mobile US will fire corporate employees who aren’t fully vaccinated against Covid-19 by April 2, Bloomberg reported Saturday, in what would be one of the strictest Covid policies instituted ...
Under 30 Alum Sean Petterson’s StrongArm Tech Raises $50 Million For Industrial Wearables To Reduce Workers’ Injuries
StrongArm Technologies’ founder Sean Petterson: “What we are talking about here is a fundamental cultural change in how we monitor and value industrial labor.” Gabriela Bhaskar/Bloom...
U.S. companies are expecting to pay an average 3.4% raise to workers in 2022
U.S. employers expect to pay an average 3.4% raise to their workers in 2022, according to a Willis Towers Watson survey. That projected wage growth is faster than actual raises paid in the prior two y...
Better.com CEO Who Fired 900 Workers On Zoom Call Reinstalled
Vishal Garg, pictured, is returning as CEO of Better.com, the SoftBank-backed online mortgage lender, after being placed on leave. Better.com Vishal Garg, the CEO and founder of fintech company Better...
Up to three-quarters of the $800 billion PPP flowed to business owners instead of workers, study finds
The benefits of the landmark small-business relief program designed at the height of the pandemic mostly went to business owners rather than workers, a study from leading economists finds. The study f...
Kroger employees are surrounded by food at work — but many struggle to afford food and rent, says a survey of 10,200 workers
Many supermarket workers struggle to put food on the table even as they help feed their communities, according to new research on Kroger KR, -0.73% employees released as the pandemic continues to expo...
Trash Stays On Curbs Across The U.S. As Covid Infects Sanitation Workers
Topline Trash and recycling pickup has been delayed or suspended in many U.S. cities as waste crews find themselves understaffed due to coronavirus outbreaks, forcing residents to deal with mounting p...
The No. 1 thing that can improve the retirement security of older workers
Ready for today’s retirement investing pop quiz? What’s the single most consequential thing you can do to improve your chances of not running out of money in retirement? I’ll try answering this questi...
Opinion: The party’s over: The Fed and Congress have pulled their support from workers and investors
Even as the government reports the fastest economic growth in nearly 40 years, the historic gains in income and wealth that inflated the economy in 2020 and 2021 are fading fast. The air is coming out...