tends to be high as they significantly affect the production, and therefore profits, of an organisation. As a result, organisations are willing to pay greater salaries to such roles. This creates a distribution gap in income, which widens the income inequality. In addition to this, qualifications and training are investments in 'human capital', in which the individual will postpone immediate income, and endure education/ training, in the hope of higher earnings – for example, one study by Gosling found…
Words 516 - Pages 3