Fair Pay: How to Get a Raise, Close the Wage Gap, and Build Stronger Businesses

The headline figures of rising income inequality are well known but often disputed. Despite a broad awareness, we haven’t yet found a common language to talk about the problem, an understanding of its causes, or a cohesive set of practical solutions. We cast blame entirely on our executive class, the ineptitude of our government, or on a general lack of personal motivation to work harder. And little by little, many of us have accepted a grim and absolutist view that perhaps this is just the way things are now. But are we doomed to think income inequality is our lot in life? That to find solutions, we must choose between effective government policy and the free market, between the working class and the job creators, or between socialism and capitalism? Should we give up on fixing what’s broken about the way people are paid and adopt an idea like Universal Basic Income? Can we still choose to avoid the severe cultural disruption coming our way because of greater income inequality, or do we accept the inevitability of our unequal future as the lucky few of us begin to armor-plate our Teslas? In FAIR PAY, Director of Global Compensation and Market Insights for Nike David Buckmaster will examine income inequality through the design and distribution of income itself. This book will explain why businesses continue to sit on record piles of cash, despite the lowest tax and unemployment rates in a generation, yet they produce no meaningful wage growth. Workers often feel disempowered by discussions about wage stagnation and increasing inequality, but Buckmaster will pull back the curtain on how corporations make decisions about wages and provide practical sollutions for workers so they can discuss their wages using corporate language in order to get the best results from their negotiations. Buckmaster will also discuss differences in global compensation and suggest ways that the United States can introduce ideas from other countries to make employees lives better. Read Less