Sunday, August 28, 2016

CEO Pay Is Escalating
Relative To Company Worker Pay
Daniel Park: "There is a reason that corporate executives have aggressively lobbied governments & regulators to not implement Section 953(b) of the Dodd-Frank Act, which is to take effect in January requiring firms to disclose the ratio of the CEO’s compensation to the median pay of company employees. Because at 300x the average workers pay (thanks to stock option bonus structures), the stats are grotesque, indefensible & embarrassing for all concerned. This graph says it all. That flat line along the bottom is typical worker pay.

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