Forget About Greed, Envy Makes the World Go Round; Compensation Plans Can Make Or Break a Firm
Washington University in St. LouisEnvy is the new greed according to professors at Washington University in St. Louis. While greed has been blamed for most of financial sector's problems, new research indicates envy is the real culprit. Researches warn envy is driving top talent from Wall Street and the banking industry and it could wreak even more havoc on the economy in the months to come.