Workforce Wire
To join the CNBC Workforce Executive Council, apply at cnbccouncils.com/wec.

Putting big ideas into action: How PayPal is rethinking capitalism and making it work

Paypal President and CEO Dan Schulman has been one of the most outspoken CEO's on the business case for stakeholder capitalism. In fact, he's gone so far as to publicly declare that employees are the company's "most important stakeholder." To be sure, Schulman is doing more than talking; he's cut employee healthcare costs; upped pay; given all employees equity and financial education. How's it going? Employee engagement, morale and financial results are all soaring. Louise Pentland, PayPal's Chief Business Affairs and Legal Officer– who is also head of the company's HR function partners with Dan to make this vision a reality. Together they'll share secrets from the journey to a more equitable workplace, and how other firms can follow their footsteps.
20:38
Fri, Nov 13 20209:54 AM EST