John Pepper, the former Procter & Gamble executive and board chairman, urges readers to “face our own challenges today” by “holding fast to our deepest values” following the example of Britain in World War II.

Advertisements

The over-sized parking lots at the Oakley campus of Crossroads Church were packed with cars Sep. 17 and 18 as 2,000 or so entrepreneurs flocked to deepen their faith while developing their business. From a first-rate panel of inspiring speakers, attendees at the Unpolished 2015 Conference were able to explore “the struggle of starting a business and the challenge of walking in faith.”

Discussions about tech start-ups with large target markets, warp-speed growth potential, and ready scalability provided the sex appeal for the conference.

Thomas Kochan, MIT Sloan School of Management

As Labor Day approaches, we are likely to hear from a growing chorus of political, religious, academic, labor and business leaders who agree “America needs a raise” to reverse three decades of wage stagnation and rising income inequality.

But this consensus that something needs to be done has yet to produce a clear narrative or strategy for what to do. Getting there requires an agreement on what norms should guide wage growth, an understanding of the causes of wage stagnation and policies to address these causes in ways consistent with today’s economy and workforce.

It’s been 133 years since New York City celebrated the nation’s first Labor Day holiday in 1882 to acknowledge the role workers play in the economy. The federal government followed suit a dozen years later. As we review the suspected culprits behind wage stagnation, now is a good time to consider a new normal to ensure workers get their fair share of America’s prosperity.