Comment by expedition32
5 hours ago
Most people in fact do not work for corporations. But small companies rarely get into the news do they?
5 hours ago
Most people in fact do not work for corporations. But small companies rarely get into the news do they?
The vast majority of people working for small companies do not earn much. A few doctor firms, and high end legal/engineering firms maybe, but most employees of smaller businesses lose out on total comp to big businesses, and government.
I don't have the link to the US census bureau in front of me, but I think as of 2018 more than 50% of employees worked for firms with >500 employees.
And, of course, there's nothing preventing a small/medium business from incorporating, either. "Corporation means big, small business is a different thing" is common shorthand but not actually how it goes.