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Full-Text Articles in Labor Economics
Non-Profits And Living Wages, Jack Buckley
Non-Profits And Living Wages, Jack Buckley
School of Professional and Continuing Studies Nonprofit Studies Capstone Projects
Non-Profit organizations must find ways to divide their budgets between staff wages and program services, as well as paying their staff a living wage. Unlike for-profits who can increase prices for consumers when they need to increase staff wages, non-profits do not have this luxury. The goal of this project was to collect data on how non-profits manage their budgets and if they provide staff with living wages. A survey was sent out with a total of eight responses, giving a breakdown of various non-profit’s budgets and if they pay a living wage. Overall, seven out of eight non-profits pay …
Monopsony And Salary Suppression: The Case Of Major League Soccer In The United States, John Twomey, James Monks
Monopsony And Salary Suppression: The Case Of Major League Soccer In The United States, John Twomey, James Monks
Economics Faculty Publications
Top tier professional soccer in the United States is operated by Major League Soccer (MLS). The MLS was established and operates under a single entity structure, such that all players negotiate and sign contracts with the league rather than with individual teams. This monopsonistic structure was designed to eliminate competition for players across teams within the league and thus allow the league to suppress player salaries. This paper investigates how effective the MLS has been in achieving this goal and finds that the MLS devotes only about 25 percent of its revenues to player salaries, compared to 50 to 60 …
The Virginia Retirement System, Julian Hutson Hill Jr.
The Virginia Retirement System, Julian Hutson Hill Jr.
Master's Theses
This thesis is written largely from knowledge obtained through two years of experience with the administration of the Virginia Retirement System. From this experience the author has attempted to provide the reader with a deeper insight into the operation of the Virginia Retirement System than otherwise might have been possible. In some instances it may appear that the treatment has become somewhat technical, but every attempt has been made to use language which is clear and nontechnical and still retain the original meaning of the Act. If the interpretation of the provisions of the Act has been altered in any …