Harvard Business Review
MAY 12, 2014
There is a purpose to their work, which requires long years of training and discipline, to which society rightly assigns a steep value. They are hedge fund tycoons; “private equity” barons; privateers who have bought the natural resources of entire countries whole; CEOs with golden parachutes the size of small planets.
Harvard Business Review
JULY 18, 2016
A CEO might reduce his company’s pay ratio by firing low-paid workers, converting them to part-time status, or increasing their cash salary but reducing their non-financial compensation (such as on-the-job training and superior working conditions). A cap could also lead boards to focus on the “optics” of pay (e.g.
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