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Sinchana Adiga posted an update
Skyrocketing CEO pay can lead to huge corporate culture problems and whistleblowing employees
CEO-employee pay disparities erode employee loyalty and lead to greater worker “willingness” to inform on their companies, according to a recent study from researchers at the University of Texas at Dallas. In companies with more significant pay disparities—especially when individuals believed they could find work elsewhere—employees were significantly more likely to report on their companies. The driving force behind that is perceived unfairness, according to Dr. Riki Takeuchi, a professor at the University of Texas and an author of the study.
fortune.com
Skyrocketing CEO pay can lead to huge corporate culture problems and whistleblowing employees
“One person cannot make the company successful. It’s only through the employees, through the workforce that things get done."