From the Trenches

Abstract

Compensation and benefits make up over 50% of most organizations’ costs and like stars in the Heaven, exist among physical forces that can be predict future positions in the sky mathematically. The Rule of 72 (divide an interest rate into 72 to ascertain the years to double a sum) affects wages and salaries earned, college debt repayments, executive compensation, healthcare costs, America’s use of “non-employees,” wealth accumulation, disability recipients, retirement funding and a host of other compensation & benefit issues. Examine and review what the future portends if no changes in policies and practices are enacted (which has been the author’s 40 year career history), as the future is already decided (because not making changes are in themselves, decisions).