The pay gap between executives and the average American worker has always been pretty big, and seems to have increased as the world’s economy grows. But with the recent recession bringing the most desperate financial conditions the world has seen since the Great Depression, one could be excused for expecting this gap to be reduced.
However, the recession has only served to make things tougher for the American workforce as unemployment recently hit a 26-year high and companies made drastic cuts to salaries and working hours.
Source: busmanagement.com
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