The Potential Impact of Shunning Pay But Bonuses in the Workplace
In a bold move, a group of business leaders have announced plans to forgo bonuses and instead divert the funds towards employee wages. This revolutionary approach to compensation has the potential to dramatically increase the purchasing power of employees, thereby boosting the economy. By shifting away from a bonus system, these business leaders are hoping to inspire other companies to follow suit and create a more equitable and efficient wage structure. The result could be a seismic shift in the way businesses pay their employees, and it could have far-reaching implications for the economy as a whole.
source: Phys.org