Weekend Reads: Success, Spending, and the Pay Gap Posted April 17, 2015 by Kaitlin Butler
Can't imagine starting a business while working full-time at your current company? It's far from easy, but these entrepreneurs did it by focusing on what they loved the most. Read about 11 professionals spanning different industries and eras who found success through turning hobbies into high-flying companies and iconic brands.
You've read the idea before; you can read the scientific background now to understand why allocating your money towards experiences, not objects, will likely produce more happiness. Cornel University Professor Thomas Gilovich has been studying money and happiness for more than two decades, and he shares numerous angles of his findings with Fast Company to help individuals, investors, and institutions to better manage their money.
CEOs are no longer enjoying quite the same annual payouts as compared to the average employees at their firm. The Wall Street Journal profiles the change since the financial crisis, looking at 2014 figures to uncover that CEOs are making an average of 124 times what the average worker makes, down from 273 times the average pay in 2006. The article includes a link to graphics that chart the changes in compensation trends among the top five banks CEOs.
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