Thursday, September 19, 2019

CEOs do not work for tips. What about those who do.

Here is a teaser for what I will be posting tomorrow morning.

The Economic Policy Institute reports that CEO compensation has grown 940% since 1978. Typical worker compensation has risen only 12% during that time.

The story is grimmer if you’re working for tips or trying to get benefits granted to employees or trying to share in the gains in corporate profits since the 2008 crash. Tomorrow I will post more about life at the economic bottom of the new service (“gig”) economy and what this means for the future of work in America.

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