'CEOs elsewhere in the world are making nowhere near what U.S. CEOs are making.'
So what can we do to restore some basic fairness to executive compensation in the United States? We can start establishing limits on the gap between CEO and worker pay, as the British labor leader Frances O’Grady and many other observers of our contemporary economic scene have urged.
Today, a century later, the nostrums of Taylor’s “scientific management” seem a quaint, even barbaric, relic of a distant past. No contemporary business leader would dare suggest, at least not in polite company, that employees only do good work when management tells them exactly what to do and how to do it. Instead, modern execs orate, at every opportunity, about empowering workers.
Noble sentiments. All regularly ignored in Corporate America’s day-to-day operations. Only a small fraction of the companies that claim to be empowering workers, onestudy has found, were actually engaging in any serious empowerment. Another study, in the, has concluded that top execs are essentially just going through the empowering motions.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CEOs Give Dueling Visions of the Future of WorkConflicting thoughts on the future of work were on display during The Wall Street Journal’s CEO Council Summit, in which corporate leaders, academics and government officials also sounded off on threats like inflation, supply-chain bottlenecks and the crisis in Ukraine.
Read more »
Disney silent on SCOTUS opinion leak, but weighed in on Florida parents billDisney CEO Bob Chapek was not shy about sharing his thoughts on Florida's Parental Rights in Education bill but has yet to say anything regarding the leaked SCOTUS draft opinion.
Read more »
Workers are returning to the office — and finding it has its charmsAccording to Jim Clifton, CEO of pollster Gallup, the majority of workers want to return at least some of the time.
Read more »
9 Facts to Know About Schizophrenia, Which Is Way Too MisunderstoodUnfair stigma surrounds this mental disorder.
Read more »
Opinion | This is no way to treat pregnant workers'The choice between a paycheck and safe pregnancy and recovery from childbirth is one that no person should have to make.' PWFA4MothersDay ABetterBalance MsReads
Read more »
Stefan Larsson’s Pay Day as PVH CEOThe CEO looked back at his first year in the corner office of the Calvin Klein and Tommy Hilfiger parent.
Read more »