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> In contrast, research from McKinsey highlights that companies investing in equitable pay see higher employee engagement, increased productivity, and stronger
by dangus 2y ago
> In contrast, research from McKinsey highlights that companies investing in equitable pay see higher employee engagement, increased productivity, and stronger financial performance. When people feel valued, they work harder, stay longer, and contribute more to long-term success.
The problem is that the people on the top make more money if they pillage the vast majority of a less profitable company versus sharing more equally the profits of a more profitable company.
Who wants to run a successful company when you can make as much money making a golden parachute payout to shut the company down or sell it for scraps? Running a successful company sounds like actual work, that’s not something the upper crust signed up for.