Baseball’s top hitter and Wall Street power suits both ply their trades in a high-speed world. That hitter will make over a quarter-billion in the next decade. The top suits stand to ‘earn’ astonishingly more.
Equal pay for equal work? We still haven’t arrived at that destination. Decent pay that reflects the dignity of all who labor? In today’s America, we’ve barely even begun that journey.
America’s corporate CEOs feel entitled to pensions that pay out $86,000 monthly. To protect their entitlement, they’re attacking ours: Social Security.
America’s top execs don’t have the time to party. They’re too busy waging a corporate holy war against what may be the most promising check yet on executive pay excess.
Over the last 20 years, the annual lists of America’s highest-paid chief execs — our corporate ‘best and brightest’ — have included an amazingly high concentration of outright frauds and flops.
House Republicans, with help from some Wall Street-friendly Democrats, are rushing to repeal the most promising Dodd-Frank Act check on excessive executive pay. You won’t believe their rationale.
How much did America’s top execs make last year? The scorekeepers don’t all agree. But that won’t matter if we keep our eyes on the most important figure of all: the pay gap between CEOs and workers.
From hiking trails in Oregon to boardrooms in Berlin, critics of our staggeringly unequal corporate order are calling for new limits that link executive compensation to worker paychecks.
Federal regulators have actually been cracking down lately on financial fraud. But the power-suited execs responsible for that fraud are still paying no personal price.
Every spring, top U.S. media outlets and business research organizations begin releasing compensation surveys that detail executive pay levels over the preceding year. These surveys seldom sample the same corporations — or measure pay the same way — and, consequently, almost always generate somewhat different results. This Executive Pay Scorecard compares the various reports released […]