An analysis from the Economic Policy Institute has found that between 1978 and 2018 CEO pay increased about 1,000% while typical worker pay increased 12%. The pay ratio between workers and CEOs is 278 to 1, and the analysis' authors say the increase has contributed to the country's worsening wealth gap. MarketWatch (8/15),Forbes (8/15)
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Recruiting & Retention
Sponsorship is key to the advancement process One way to ensure that women have more advancement opportunities at work is to provide them with effective sponsors. The best sponsors are able to identify high-potential talent, provide opportunities for development and find the right stretch assignments for their proteges, write Rania Anderson and David Smith. Harvard Business Review online (tiered subscription model) (8/7)
When planning can mess up your plans Planning and preparation should allow room for change, uncertainty and flexibility, writes Jane Perdue. "Recognize that always sticking to the plan provides a false sense of security that obscures new opportunities," she writes. The Jane Group (8/14)
Workplace Chatter
13 books you need to pick up again Some books that seemed irrelevant when they were assigned reading in high school are worth revisiting to help glean new insights, Melissa Locker writes. In this commentary, Locker lists 13 books she recommends adults pick up again, including Toni Morrison's "Beloved" and Upton Sinclair's "The Jungle." Fast Company online (8/14)
