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Hundreds of older workers will qualify for million-dollar payouts at retirement from these accounts.
More important, low-wage workers will qualify for larger dollar subsidies in the marketplaces than midwage workers will.
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The laid-off workers generally will qualify for unemployment insurance.
Wolfson said workers who will qualify for the national living wage account for £100m of the company's £600m wage bill.
The accord also expands the number of city workers who will qualify for asthma and chemotherapy coverage without any insurance co-pay, and it broadens coverage for the 401(k) retirement program.
Some, but not all, of the city's workers will also qualify for Social Security, the national pension scheme.
If they measure up, they will qualify as social workers at the end of the first year and gain a master's degree after the second.
More skilled workers will be qualified for more jobs, which perhaps explains why the unemployment rate among college graduates is about one-third the unemployment rate for high school dropouts, but they will also be pickier.
In 2020, 123 million high-skill and high-wage jobs will be available, but only 50 million workers will be qualified to fill them.
"To measure the cost of an employee," Ms. Austin said, "some employers will want to know the worker's household income, so they can know whether the employee will qualify for a subsidy.
What will qualify as success?
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