This is the best summary I could come up with:
And if it continues at this pace, it may reshape the workplace for decades to come — especially, Bruno said, with the soon-to-be dominant Gen Z rethinking how work fits into their identities.
It's the concept that underpins the middle class in America, that group of workers meant to be tucked in between the jet setters and those striving to move up in the world.
"The last four decades we have seen a gap between growing productivity and stagnating worker wages," Julie Su, the acting secretary of labor, told BI.
That drive comes alongside the Biden administration's stated desire to build out the economy from the bottom and middle, rather than through trickling down gains from the top.
For instance, the Treasury Department found in an August report that middle-class workers had been falling behind with more debt, more expensive houses, and increasingly pricier college education.
For employers who want to retain their workers, or lure in Gen Zers — who helped drive the Great Resignation and the union boom — it might pay to listen up.
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This is the best summary I could come up with:
High up in the business world, where decisions can be molded and shaped by the needs and demands of major investors and shareholders, it can be easy to forget that, well, most average people don't really care about that, Panera's founder says.
Beyond not pretending to be motivated by shareholders, some younger workers have been vocal about wanting certain changes to work culture, such as a better work-life balance.
At least one founder and former CEO agrees that the idea of boosting shareholders' returns isn't likely to be a key motivator to workers.
Ron Shaich, Panera Bread's founder and former longtime CEO, has stressed how important it is for management and members of the C-suite to empathize with their employees and better understand what can get their buy-in to the company's mission.
I made another penny a share today for Panera's shareholders,'" Shaich told Business Insider in an interview.
Shaich said that he believed a key part of good management is connecting with and understanding employees and that he is a big proponent of therapy.
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