Notable Quote: Performance Pay May Be A Way To Increase Wages

"Yet another possibility for increasing wages can be found in an old capitalist concept: performance based pay.  Advocates of free enterprise like to say hard work should be rewarded, but in today's corporate culture, that simply isn't the case. While CEOs are often compensated, at least in part, on their companies overall success, regular employees, who arguably are as responsible as executives for that success, are often not...Linking compensation to contribution isn't only fair, it would also likely boost loyalty and productivity."

Source: Bloomberg Businessweek (Septembter 25, 2017 Issue)

Article Title: Why Wages Aren't Growing

Link: https://www.bloomberg.com/news/articles/2017-09-21/why-wages-aren-t-growing