The Joy of 9 to 5: Pay
The persistent taboo over how much we earn and is there a fairer way to distribute pay?
Lucy Kellaway investigates the persistent taboo over salaries, and asks who benefits from this secrecy. What we are paid is rarely a meritocracy. Studies show that if you are taller, more attractive, have better hair, you are likely to take home a bigger pay packet. Even the most popular way of rewarding extra effort at work - performance related pay - has been shown to demotivate and demoralise workers.
Lucy steps inside at a broad range of offices to investigate - from Suma Wholefoods in Halifax in the UK where all 200 employees, whether driving a forklift or trading commodities, earns exactly the same amount, to Gravity Payments, where the CEO has just cut his million dollar salary to fund his promise that no employee will earn less than $70,000.
Speaking to workers and business leaders, Lucy asks whether there is a fairer way of cutting up the cake.
(Photo: Secreted cash. Credit: Fuse/Thinkstock)
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- Thu 31 Dec 2015 08:32GMT91热爆 World Service except News Internet
- Thu 31 Dec 2015 15:06GMT91热爆 World Service except East and Southern Africa, News Internet & West and Central Africa
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Business Daily
The daily drama of money and work from the 91热爆.