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• DALLAS, April 23, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) released its fourth annual Impact Report , which highlights the Company's environmental, social, and governance performance for 2023, as well as progress made since its Impact Report was published last year.
• "At Match Group, we are fueled by our mission to create meaningful connections for every single person worldwide," Match Group CEO, Bernard Kim said.
• Together, these initiatives enable us to make an even greater impact on lives around the globe and pave the way for future achievements."
• Match Group is committed to releasing an annual Impact Report, raising the bar across the industry to allow more people to find connections that enhance their lives safely, securely, and inclusively.

• In July of this year Garner Foods® Board of Directors will embark on a search for a new CEO evaluating both internal and external candidates.
• Ann Garner Riddle is the last of the third generation of the Garner family to retire from Garner Foods leaving the leadership of the company now fully in the hands of the fourth generation of the family.
• Reflecting on her decision to retire, Riddle expressed her joy in serving as President and CEO of Garner Foods saying, "One of my favorite things to say about working at Garner Foods is, I love what I get to do every day!
• Riddle will remain on Garner Foods Board of Directors and Advisors along with previously retired members of the Garner family, Hal Garner, Frank Sherrill, and Glenn Garner.

• LONDON, March 21, 2024 (GLOBE NEWSWIRE) -- NordPass, the password manager that recently won two prestigious awards, is currently offering a limited-time sale exclusively for Premium and Family plans.
• Internet users can now improve their online security with discounts of up to 53% on the 2-year plans and up to 38% on the 1-year subscriptions.
• NordPass provides a range of useful features that help users manage their credentials as well as digital life management and overall security.
• These two features are available exclusively for Premium and Family users.

• In Philadelphia, the poorest big city in the U.S., the minimum wage has been stuck at $7.25 per hour for the past 15 years.
• That’s the minimum wage everywhere in Pennsylvania, and it matches the federal minimum wage.
• However, minimum wage workers in other big American cities earn significantly more: $16 an hour in New York and $15 an hour in Boston, for example.

Why is Philly’s minimum wage so low?

• The biggest factor is that Philadelphia does not have the authority to create its own minimum wage – one that could appropriately reflect the city’s cost of living.
• Pennsylvania does not allow local governments to raise the minimum wage above the state level of $7.25 an hour.
• In June 2023, Pennsylvania’s Democratic-controlled House passed a bill to raise the minimum wage statewide incrementally to reach $15 an hour by 2026, but it stalled in the Republican-controlled Senate.

How many Philadelphians make minimum wage? What sort of jobs are these?

• As of 2018, roughly 9% of employed Philadelphians age 16 or older made $7.25 an hour or less.
• In fact, in Philadelphia, only 7% of workers earning minimum wage are teens.
• Philadelphians who make minimum wage or less tend to be employed in four sectors: hotel and food services, retail trade, health care and social assistance, and educational services.
• Geographically, they’re most concentrated in North, Northeast and Southwest Philadelphia — areas that are traditionally lower income.

Who does this most hurt?

• In 2018, nearly 4 in 10 Pennsylvanians struggled to pay for basic expenses.
• Many families get stuck in a cycle of poverty even while adults are working full time.
• This limits the resources the city has to invest in infrastructure, clean streets, parks and other public places and services.

Who most benefits?

• The less they have to pay staff, the more money stays in their coffers.
• But that’s a shortsighted stance that doesn’t take into account the larger financial implications a low minimum wage creates: primarily, the high cost of employee turnover.
• Recent studies have shown that the average cost of turnover is 40% of a position’s annual salary.

What would be needed for Philly to raise its minimum wage?

• To expand this to all workers, Philly would need to be given the power to make change for itself and not be beholden to Harrisburg’s decision on minimum wage.
• Responding to a nonbinding ballot question in 2019, Philadelphia voters voiced overwhelming support for a $15-an-hour minimum.
• This is how other cities like Washington and Tacoma, Washington, that eventually passed an increased minimum wage, began their efforts.

• His work has been funded by Comcast NBCUniversal Foundation, The Neubauer Family Foundation, Robert Wood Johnson foundation, The Philadelphia Department of Public Health, The Independence Public Media Foundation, and The Commerce Department for The City of Philadelphia.
• Alicia Atkinson works for the Wealth and Work Future Lab at the Lindy Institute through Drexel University.