Articles by tag: minimum wage
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Gossip about Gossip: How Platforms Provide Content Creators with Cryptocurrency Payment
In the rapidly growing world of cryptocurrency, getting paid for certain types of content via the digital medium is a lot more layered than meets the eye. According to Cointelegraph, the COVID-19 pandemic has heightened crypto payments as there was an increase of these payments. As content creators use various web platforms to promote and […]
Gossip About Gossip: How Aberdeen Plans to Tokenize Investment Funds on Hedera
Private equity investments are often regarded as higher risk profiles than any other asset classes. Because of liquidity concerns and higher barriers of entry, everyday individual investors are steered away from alternative asset classes like private equity. That’s where fractionalization of large-scale investments through blockchain and DLT technology provides accessibility and privacy among individual investors. […]
Using HIP to Improve Hedera Hashgraph
The Hedera Improvement Proposal (HIP) is a process established to help developers formulate new ideas and improvements within Hedera Hashgraph. According to InfoQ, workplace feedback helps boost efficiency. The method allows the development team’s members to submit their suggestions and receive constructive criticism and opinions from fellow developers. HIP allows Hedera to have an orderly […]
Democratization of AI Will Speed Up the Digital Transformation
Jerry Abiog is Co-founder and CMO of Standard Insights, and he shared his thoughts on the future of food and beverage and digital transformation. “So, what I see going on in the future in the world of the food and beverage industry is the acceleration of digital transformation as the world comes out of […]
Home Depot Invests Pandemic Earnings Back into its Employees
As the pandemic has everyone staying home and tending to long procrastinated home improvement projects, Home Depot is reaping the profits. With the highest quarterly sales growth in 20 years, the company plans to compensate essential employees who worked throughout the pandemic with a raise. According to Yahoo Finance, Home Depot joins other big box […]
Cleaning Up Your Car Wash’s Strategy for Minimum Wage Increases
On this episode of the Iron Fox podcast, host Tyler Kern was joined by Iron Fox Executive Sales Leader Karen Nalls, who highlighted one of the biggest changes set to sweep through the tunnel car wash industry – rising minimum wages. Another key consideration is a rise in competition in the industry. “The first […]
Unemployed Workforce Turns to Amazon, Gig Economy, and Grocers for Jobs: Business Casual
On this snippet from Business Casual, host Daniel Litwin paints a picture of the potentially massive spike in unemployment around the corner due to coronavirus. As more workers at small businesses or in service industries lose their jobs, large entities in our economy look to hire en masse: grocers, gig economy platforms, and ecommerce giants. […]
New Labor Ruling Affects Fast Food Workers: Business Casual
In what can be considered a blow to employee rights but a win for parent companies such as McDonald’s, a recent National Relations Labor Board (NLRB) ruling has significantly narrowed the right of franchise workers to force big companies to take responsibility for their working conditions while effectively blocking the employee’s path to unionization. […]
How Would Continued Minimum Wage Hikes Impact Car Washes?
HB 395, a Virginia bill aimed at gradually increasing the state’s minimum hourly wage to $15 an hour cleared a major hurdle earlier this month, passing through the Virginia House along a party-line vote of 55-45. The most immediate impact would come on July 1 of this year, when the bill, first introduced by Del. […]
US Minimum Wage Increases Expected to Continue in 2020
More US Minimum Wage Hikes Expected in 2020. With the federal wage remaining unchanged at $7.25/hr for a decade. Nearly two dozen U.S. states took matters into their own hands this year. In 2019, 21 states increased pay rates despite critics saying it would hurt small businesses. Even with the warnings, hiring this year remained […]
American Made: The Ups and Downs of a Minimum Wage Hike
The House of Representatives recently passed a bill to raise the minimum wage to $15 an hour by 2025, phase out low wages for tipped workers, and make further minimum wage hikes indexed to median wage growth. Though the general public has a plurality (in some polls an overwhelming majority) opinion in favor of […]