Photo: Black Salmon/Shutterstock.com The Equity-Non-equity Happiness Gap Is Growing
"It's become very clear it's not the hours worked that's being valued, but the business generated," Jeffrey Lowe of Major Lindsey & Africa said.
December 18, 2020 at 05:00 AM
4 minute read
Beauty is in the eye of the beholder. Happiness is in the eye of the shareholder, according to the most recent partner compensation survey from Major, Lindsey & Africa.
The biennial report, released earlier this week, found that although equity and nonequity partners' average compensation increased at about the same rate between 2017 and 2019, the gap between the two groups' reported levels of satisfaction with their pay "remains wide and is growing."
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