The average CEO makes 380 times as much as the average employee

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”

Apple’s retail employees are long on loyalty but short on pay

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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”

Employers Who ‘Overpay’ Workers Outperform Competitors

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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.

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