Performance-Based Pay Driving Increase in Inequality
Publication Date: June 2007
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): James Sherk
Research Area: Labor
Keywords: Labor; pay; wages; opportunity
Type: Brief
Coverage: United States
Abstract:
Much of the increase in income inequality in recent decades is due to the expanded business practice of paying workers based on their individual levels of productivity. The resulting inequality benefits everyone by raising standards of living and creating more economic opportunities for the less fortunate.
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