Management

Bridging the Wealth Gap

2022-05-08T15:41:03-05:00April 20th, 2021|Tags: , , , |

According to the Wall Street Journal, Pete Stavros, an executive with KKR & Co., has spent much of his career promoting the idea of awarding stock to factory workers and other hourly employees. He believes stock ownership builds wealth for all employees and strengthens the culture. Stavros implemented his concept with a KKR company, called Gardner Denver. In a few ...

The Minimum Wage Debate, Part IV

2022-05-09T12:41:35-05:00April 8th, 2021|Tags: , , , |

Even if you agree with the merits of doubling the minimum wage to $15 per hour, in my opinion, the timing of this mandate should be seriously considered. The industry that uses the most minimum wage labor is the leisure and hospitality industry. The most devastated industry by the pandemic is also the leisure and hospitality industry. If we dramatically ...

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