A lopsided Pay-off

That automation and technological advances have greatly aided the creation of a better industrial system is well known. While technology has helped lengthen human life and simplified domestic chores, researcherJason D Kotter says it may have also played a part in the stratospheric rise in CEO pay. Kotter says that advances in technology have enabled office-goers to shift from routine tasks to more specialised work. The managers that monitor such groups are able to oversee the work of their employees at close quarters, thereby pumping up the firm’s standing and revenues. And these spoils are passed on to the CEOs, translating to a doubling in CEO pay in the last three decades.