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Differential between the salaries of c-suite employees

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The differential between the salaries of C-suite employees and newer professionals in the same workplace is quite small in Japan, at least in comparison to the United States. The same is true in unions (president of union versus union workers). Explain why the differential might be small in Japan and U.S. unions but much larger in private U.S. corporations.

Reference no: EM132232043

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