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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Defense Minister Israel Katz sharply criticized the Army Radio workers' union in his response to the High Court of Justice on Monday, accusing the organization of attempting to mislead the court t...