Paid via Card, Workers Feel Sting of Fees – NYTimes.com

Yet another way for big banks to extract wealth from the poor masses and ultimately give it to the few wealthy executives by way of bonuses.  The sad thing in this case is that employers are in on the deal.  As an employer I will force you, my low wage worker, to incur fees to access your paycheck so I can save on my payroll administration costs and perhaps even get a kickback from the big banks.

Everyone: get a checking account at a credit union and demand that your employer direct deposit there.  If the employer will not, quickly find one that will.  Sooner or later the boss will realize they can’t hire anybody while forcing workers to incur fees to access their paycheck.

http://mobile.nytimes.com/2013/07/01/business/as-pay-cards-replace-paychecks-bank-fees-hurt-workers.html?pagewanted=all&

Advertisements

Leave a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s