Acton Institute Powerblog Archives

Post Tagged 'salary'

5 Ways Obama’s New Overtime Rule Will Harm Workers

In announcing the Obama administration’s new overtime rule (for more on this news, see this explainer), Vice President Joe Biden says companies will “face a choice” to either pay their workers for the overtime that they work, or cap the hours that their salaried workers making below $47,500 at 40 hours each work week. Continue Reading...

Explainer: Obama’s New Overtime Rule

What just happened? On May 18, the Obama administration announced the publication of a new Department of Labor rule updating and expanding overtime regulations. Why did the overtime rule change? Since the 1930s some white collar jobs (i.e., those performed in an administrative setting) have been exempt from the overtime requirement. Continue Reading...

The Executive’s Conscience: Where Work and Wage Meet

“The twin tracks of work and wage do not meet, and cannot be scientifically related. They are bridged by morality, not by mathematics.” -Lester DeKoster Low-wage workers continue to picket and protest around the country, demanding an increased minimum wage, improved access to benefits, and better working conditions. Continue Reading...

Minimum Wage, Adulthood And Choices

“I’m tired all the time.” That’s the lament of one of the working mothers in the video below (from The Guardian), as she describes her life working minimum wage jobs. She and the other women featured are all fighting for an increase in pay to $15 per hour (like Seattle’s recent mandate.) I feel for them. Continue Reading...

Donors vs. Owners in ‘Business as Mission’ (and Beyond)

“Do economic incentives help or hinder ‘business as mission’ (BAM) practitioners?” In a forthcoming study, Dr. Steven Rundle of Biola University explores the question through empirical research. Unsatisfied with the evidence thus far, consisting mostly of case studies and anecdotes, Rundle conducted an anonymous survey of 119 “business as mission” practitioners, focusing on a variety of factors, including (1) “the source of their salary (does it come from the revenues of the business or from donors?),” and (2) “the outcomes of the business in terms of the four ‘bottom lines’ of economic, social, environmental and spiritual impact.” The reason for focusing on such areas? Continue Reading...