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Compensation and Benefits
Wage stagnation puts the squeeze on ordinary workers
Wage stagnation puts the squeeze on ordinary workers

Laurie Chisum works as a manager for a small office-equipment company in Orange County. She puts in about 30 hours a week on the job and spends much of her time at home caring for her mother, who is afflicted with Alzheimer's disease. She's not complaining — she's thankful to have a steady paycheck. But no matter how hard she works, it feels as if she just can't get ahead. "It's been six years since anyone at our company has had a raise," said Chisum, 52. "It seems like I just keep falling further into a hole. The price of gas has gone down, but nothing else has." It's a refrain we've heard throughout the year: wealth gap,...

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