3 ms·
If they reduced the salary by 3-6% but there’s no difference in the calculated high level metrics it means that they started spending that difference somewhere
by heavenlyblue 5y ago
If they reduced the salary by 3-6% but there’s no difference in the calculated high level metrics it means that they started spending that difference somewhere else.
- yodon 5y agoOr revenues decline by a similar amount to offset the "savings".
- itsdrewmiller 5y ago"The reduction in wages following the accession of a business manager leads to an increase in profits: the return on assets (ROA) increases by 3 percentage points in the US and by 1.5 percentage points in Denmark. In the US, we also find an increase of about 5% in the stock market values of companies that appoint business managers."