Retail CEO Shares Bonus With Workers

If only I had a $100 bill for every time I've heard a top retail chain executive talk about how frontline employees are the reasons for a given company's success. This talking point has been echoed repeatedly over the decades during which C-suite compensation has jumped exponentially and associate-level wages have not. This backdrop is what makes last week's report that Lord Wolfson, CEO of Next, the U.K.'s biggest department store chain, shared his $3.6 million bonus with full and part-time employees all the more remarkable.