Tag Archives: Benefits

Here’s Why This City’s Businesses Love Its Paid Sick Days Law

Here’s Why This City’s Businesses Love Its Paid Sick Days Law
The majority of Seattle businesses support the paid sick leave requirement that went into effect in September of 2012 and report few, if any, costs or challenges, according to a new audit from the Seattle Office of the City Auditor with help from the University of Washington. The audit found that 70 percent of employers in the city support the law, with 45 percent saying they are very supportive. This held true for businesses of all sizes. ... Read more

Looting the Pension Funds

Looting the Pension Funds
In the final months of 2011, almost two years before the city of Detroit would shock America by declaring bankruptcy in the face of what it claimed were insurmountable pension costs, the state of Rhode Island took bold action to avert what it called its own looming pension crisis. Led by its newly elected treasurer, Gina Raimondo – an ostentatiously ambitious 42-year-old Rhodes scholar and former venture capitalist – the state declared war ... Read more

Contracting Out Public Services Worsens Inequality and Lowers Wage

Contracting Out Public Services Worsens Inequality and Lowers Wage
Contracting out public services—which aims to help state and local governments save tax dollars—often has a harmful effect on the community, including worsening inequality and lowering wages. A recent study, “The Decision to Contract Out: Understanding the Full Economic and Social Impacts,” finds that the savings of outsourcing varies widely and often diminish over time. The study, by Daphne T. Greenwood of the Colorado Center for Policy ... Read more