Out with the old, and in with the new! While some industries are thriving in 2015, and anticipating further growth, other professions are struggling to stay relevant. Growth in the tech industry, for example, has been easy to understand and anticipate. But, other industries are paying a price for the changes technology has brought.
You may know Christina Hendricks best from her role as Joan Holloway in Mad Men. There, she drinks liquor for lunch, types up notes using -- what else? -- a typewriter, and keeps the younger ladies in the office in line. After all, it’s the 1960s -- what else is she to do?
It’s not everyday that a college president decides to take a $90,000 pay cut for the benefit of low-wage workers. Last week however, Raymond Burse, interim president of Kentucky State University, did just that. His decision sets a new precedent amongst presidents and CEOs to raise the bar on livable wages for employees.
For tipped employees, the generosity of the public may mean the difference between buying a steak or asking the landlord for an extension on the rent. And some tipped employees rely on tips more than others, because in some states it is legal to pay tipped employees a couple of bucks an hour. When we compare tipping practices from state to state, we find some pretty strange results.