Google’s Former CEO Asked For Ways To Raise Low-Income Workers’ Wages. Twitter Had Answers.
“Eric Schmidt, Google chair and former CEO, wants to figure out how low-income workers can make more money. Through his ‘venture philanthropy’ firm, Schmidt Futures, and an organization called Jobs for the Future (JFF), Schmidt wants to help 100,000 workers increase their wages by $10,000, an initiative they’re calling the $1 Billion Wage Gain Challenge. JFF’s blog post about the project describes it as a ‘moonshot to address wage stagnation.’“