CEO pay has skyrocketed by 1,460% since 1978, and the gap between CEO and average employee has grown wider over time. New research finds that employees’ loyalty toward their organization is reduced when they perceive a larger disparity in pay or...
In 2021, the average CEO at one of the top 350 firms in the U.S. was paid $27.8 million—a rate that skyrocketed by an astonishing 1,460% since 1978. During this same period, the average worker’s pay grew by just a meager 18.1%.
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Professional rivalry and office politics were the driving forces behind the "false" sexual harassment and conversion allegations levelled against Tata Consulting Services (TCS) employee Raza Rafiq...