A sound economy, a booming stock market, and huge business tax cuts, the story goes, have convinced CEOs of companies flush with cash to distribute some of it to frontline employees.
That story is fine as far as it goes — but does it go nearly far enough? With unemployment at record lows, yet inequality at record highs, this feels like a time for CEOs to think bigger — not just to raise wages, but to elevate their definition of success about how their companies can win big in the marketplace and afford employees a greater sense of security and participation in the workplace, how they can generate wealth and share that wealth with everyone who has a hand in its creation.
