Albany Times Union: Keith Mestrich: Empower Workers With Higher Pay
Op-Ed By Keith Mestrich, President & CEO of Amalgamated Bank
Albany Times Union, March 7, 2016
Right now, despite many bank CEOs making tens of millions of dollars each year, the average bank teller makes just $25,800. Here in New York, 39 percent of bank tellers are forced to rely on public assistance programs just to make ends meet. This is morally wrong, yes, but it’s also just bad business.
In a few short generations, the wage gap between the average CEO and the average worker has increased significantly, making it harder and harder for working people to join...