Pearl River For years our nonprofits have had a policy that automatically affixes the annual increase in the Department of Labor’s Consumer Price Index (CPI) to our salary scale. In some years, in all honesty, the policy is more aspirational that achievable. There’s a simple explanation: not enough money coming in the front door to roll over to the …
Category: Economics
Anti-Welfare, Me-First, and Racism Hurting Child Care Credit
New Orleans The child care credit in the Biden stimulus package has been heralded, including by me, as the first significant step in reversing the draconian “end of welfare as we know it” program of former President Clinton. Experts noted that this child-centered program, providing front end payments on the credit of $300 per month for families …
Nonprofit Wage Squeeze
New Orleans When you’re hearing and reading that nonprofit organizations are no longer just fighting to compete for workers with profit companies because of wage differentials for similar work, but are now saying that they are competing with fast food and retail companies who are offering more money, you know there’s a real crisis in the …