Pay gap a $740bn threat to US recovery

Published: December 16, 2011

Robin Harding discusses a change in corporate behaviour that is contributing to even further increases in the gap between the “rich” and the “working classes” in the US and other industrial economies. Historically, labour share has increased and profits decreased when recession has struck.  However, over recent years corporate leaders have chosen to retain profits and drop staff – reversing this trend.  What impact does this have on organisations, their longer term growth prospects, their succession planning, their options for innovation in a rapidly changing global environment?  any to embrace your organisations values proposition?

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