Not exact matches
In the United States last year, close to 20 percent of
private -
sector employees owned stock, and 7 percent held stock options, in the companies where they worked, while about one - third participated in some kind of cash profit - sharing and one - fourth in gain - sharing (when
workers get additional compensation based on improvement on a metric other than profits, like sales or customer satisfaction).
That's nice for the state
worker but nobody in the
private sector is
getting raises, let alone raises above the CPI.
«They just want to frolic along and do commercials and have rallies as if there isn't a method and a means to an end to
get us out of this mess,» said Paterson, who insisted one unpaid day a week isn't «the greatest sacrifice to make when the sacrifices
workers in the
private sector are forced to make can't be enumerated.»
YouGov also asked a series of questions about public
sector pensions — 74 % of people thought that public
sector pensioners
got a better deal than those who worked in the
private sector and 60 % of those thought they did not deserve this (predictably there was a huge difference between public and
private sector workers on this question — 55 % of public
sector workers thought that, yes, they did deserve better pensions than the
private sector).
He described the new pension deal for state employees as «a proper reward for a lifetime's commitment to serving the public» — yet to
get the same reward, a
private sector worker would have to pay a third of their salary into their pension pot.
«What the union is insisting on is a package of wages of benefits that exceed that of the
private sector,» Mr. Linn said, adding that the carpenters are using a «technicality» to try and
get more money than
workers in the
private sector.
The newly energized teachers unions appealed to the AFL - CIO for help in
getting state legislatures to pass laws that put teachers on much the same footing as those in unions representing
workers in the
private sector.
To put it another way, most teachers are
getting less from their employer than if they worked for a
private -
sector company where
workers got Social Security and a 5 percent match on 401k contributions.
Now, only 16 % of
workers in the
private sector have them and that percentage is
getting smaller every year.
Vinay Sharma, Human Rights Director for UNIFOR, Canada's largest
private sector labour union adds, «We can't just
get rid of
workers that are already here.
And since only 12 % of
private -
sector workers get maternity leave, it's no surprise that people are turning to crowdfunding to make ends meet.