Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Workers Get HUGE Wins As The Rich Recognize Their Worth & Hard Work
Posted
May 14, 2022
Views
33,234
Likes
1,862
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378
Engagement
6.74%
May 14, 2022
33,234
1,862
378
6.74%
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9:52Now PlayingProgressive businessman Joe Sanberg was instrumental in getting an $18 minimum wage ballot measure on the ballot for the 2022 midterm elections, and if it passes, would give over $6,000 per year raises to over 5 million workers. More good news is coming out of Las Vegas as all workers at the Cosmopolitan Casino were given a surprise $5,000 bonus, only taking up just about 7% of the company’s profits. A winwin for both the casino and the workers. Cenk Uygur, John Iadarola, and Jessica Burbank discuss on The Young Turks. Watch LIVE weekdays 68 pm ET.
Read more HERE:
"Joyous bedlam erupted Wednesday at an employee appreciation and awards buffet at The Cosmopolitan of Las Vegas when the resort chief executive announced that all 5,400 people who work there will receive a $5,000 bonus.
"It's amazing!" said Edgar Rives, a cook for nine years in the employee cafeteria, after a round of high-five hand slaps and hugs with dancing co-workers at The Chelsea theater at the Las Vegas Strip property. "It's a big surprise."
The 55-year-old El Salvador immigrant and U.S. citizen said he'll leave it to his wife to decide how to spend the money."
“In March 2016, the California State Legislature passed Senate Bill 3 (SB 3) to increase the state's minimum wage to $15 an hour. Gov. Jerry Brown (D) signed the legislation on April 4, 2016. SB 3 requires an annual increase in the minimum wage until the amount reaches $15 on January 1, 2022, for employers with 26 workers or more and January 1, 2023, for employers with 25 workers or less. Thereafter, SB 3 provides that the minimum wage increases based on changes in the U.S. Consumer Price Index (CPI-W).[1]
The ballot initiative would increase the state minimum wage to $18 an hour over several years. Like SB 3, the ballot initiative would increase the minimum wage at different speeds depending on whether an employer has 26 or more workers or 25 or less workers. For employers with 26 or more workers, the minimum wage would reach $18 on January 1, 2025. For employers with 25 or less workers, the minimum wage would reach $18 on January 1, 2026. Also like SB 3, the minimum wage would be tied to the CPI-W after reaching $18.[1] "
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220513__TA04JoeSanberg
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