Good Jobs First, a policy resource center focused on government and corporate accountability, recently carried out a year-long investigation into wage theft by large employers, compiling information from collective action lawsuits brought by groups of ripped-off workers, as well as actions brought by the department of labor and state-specific regulatory agencies. The results, brought together in a report released this week titled Grand Theft Paycheck: the Large Corporations Shortchanging their Workers’ Wages, are eye-opening: 4,220 cases since the turn of the millennium with penalties totaling $9.2 billion.
How do the biggest corporations earn such massive profits? They’d like you to think it’s the result of delivering a superior product or service. But one part of that story is years of wage theft from their employees.