Showing posts with label Wages. Show all posts
Showing posts with label Wages. Show all posts

Tuesday, January 24, 2012

One Percent

Do you want to join the one percent? Getting a degree from the college of business increases your chances. The NYT breaks down the top one percent by undergraduate degree.


Friday, September 11, 2009

Sticky Wages?

This LATimes article talks about the troubles in the Porn industry. Its a good example of an industry where wages are downwardly quite flexible.
Caroline Pierce, an adult film performer who lives in Las Vegas but flies to Los Angeles for work, said many companies have pressured her to do more scenes for less money.

"Instead of paying you $800 to do one, they'll pay you $1,200 for both," she explained.

As economic pressures increase, many performers have also changed their minds about what they are willing do on-screen. Previously, women earned hefty bonuses for unusual sex scenes. That's often no longer the case.

"A few years ago the girls we got were OK, but not stellar models, and we were sometimes paying $2,500," said porn director Matt Morningwood, referring to a website he shoots for that features one woman and multiple male partners.

"Nowadays some of the top-tier models will do that scene for us and you're looking at maybe $1,800. I'm happy for the production, but I feel bad for exploiting the girls' situation."