Where's Your Raise? A New Calculator from EPI Explains
Today, the Economic Policy Institute ( EPI ) launched an online wage calculator that lets people see what their wages should be if based on increases in worker productivity and if most companies didn't fail to adequately compensate workers for those gains. For example, if you are a worker who makes $40,000 a year and you enter that salary into the calculator, it tells you that you should be making $62,529 if your wages had kept up with productivity increases.
After learning what you should be making, check out EPI's interactive Inequality.Is website, which fully documents the growth in productivity and the stagnation in wages, noting that the problem is real, personal, expensive and that it was manufactured, it didn't just randomly happen.
Click here to get to the calculator .
