The average CEO makes more in an hour than his or her average employee makes in a month.
The rise of extreme income and wealth inequality is one of the biggest crises in the American economy. One of the causes of the wealth inequality is the bizarre consensus that, when it comes to the pay scales of the people at the top, there’s no such thing as “too much.”
Continue reading… “The average CEO makes 380 times as much as the average employee”
The jobs where the gap is biggest pay more, on average, than the jobs where the gap is lowest.
On average, women are paid significantly less than men even when they are doing the same jobs. But the gap varies dramatically for workers in different jobs.
Continue reading… “Jobs with the biggest (and smallest) wage gaps between men and women”
Apple employees
During Jordan Golson’s best three-month stretch last year, he sold bout $750,000 worth of computers and gadgets at the Apple Store in Salem, N.H. It was a performance that might have called for a bottle of Champagne — if that were a luxury Mr. Golson could have afforded.
Continue reading… “Apple’s retail employees are long on loyalty but short on pay”
Rapid economic development and a smaller supply of young migrant workers are pushing up labor costs in China.
What is one of the things that’s showing up in Christmas stockings this year: higher prices, courtesy of China.
Continue reading… “Shoppers in U.S. pay for soaring labor costs in China”
Pay for women will overtake men’s within a decade if current trends in the labor market continue, new figures show. The Office for National Statistics (ONS) said that the “gender pay gap” – the difference between average salaries of men and women – has fallen to under 10 per cent for the first time ever.
The best use of money as a motivator is to pay people enough to take the issue of money off the table, so that people can focus on the work rather than on the cash.
The best use of money as a motivator can be to pay people enough to take the issue off the table.
After more than 200 years of sharing a common language, the United States and Great Britain now share a common predicament.
Women physicians make less than male physicians.
Newly trained female doctors in the United States make nearly $17,000 less than their male counterparts, even though women increasingly are choosing careers in higher-paying medical specialties, U.S. researchers said on Thursday.
Continue reading… “Widening Gender Gap in Salaries for Female Doctors”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
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