It is fast-growing "superstar" tech firms which are taking a growing share of national income in many countries, leaving workers' overall wage growth subdued, according to the Organization for Economic Cooperation and Development.
The Paris-based policy forum's annual Employment Outlook goes on to say that. though unemployment in most OECD countries has returned to levels before the 2008-09 financial crisis, wage growth has not, even though many labour markets have become the tightest they have ever been.
One legacy of the crisis is that many workers were forced to accept low-paying jobs afterwards, weighing on overall wage growth.
The OECD said another factor was at play with overall productivity gains in most economies no longer translating into higher wages for all workers as they did in the past.
The reasons for slow post-crisis wage growth has been one of the great economic debates in recent years as stronger labour markets have in the past fueled higher overall wages and thus higher inflation.
Weighing into the debate, the OECD suggested what it called "superstar" firms could be partly to blame for weak wage growth, which slowed on average in OECD countries to 1.2% after accounting for inflation, down from 2.2% before the crisis.
It said much of the productivity growth has been generated by a small of number of innovative firms that invest massively in technology but employ few workers, compared to other more traditional companies.
As a result, the overall share of national income going to workers, rather than investors, has declined on average in the OECD, led by the United States, Ireland, Korea and Japan.
It said for now there was no evidence that emergence of superstar firms was creating anti-competitive forces, but it also did not rule that out as a future danger.
Instead of recommending an anti-trust clamp-down as some politicians in the United States have proposed, the OECD said the way to help workers would be to give them better skills and education.
It also said collective bargaining between workers' reps and employers could help reduce wage inequality.
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