Payroll cards can cost low-wage workers an hour’s pay per week.
Labor Day weekend should be a time for Americans to celebrate the economic achievements of workers with barbecues and beach trips. But with U.S. corporations routinely taking advantage of their low-wage employees, we might as well rename it Labor Exploitation Day.
The truth is, our workers have suffered mightily in the last few years. The $7.25 minimum wage hasn’t been raised since 2009. And thanks to the latest corporate cheap trick, even that paltry sum has been further eroded.
Big-name chains like McDonald’s, Walmart, and Darden Restaurants (of Olive Garden and Longhorn Steak House fame) are now issuing ATM-style “payroll cards” instead of regular paychecks.