Every spring, top U.S. media outlets and business research organizations release compensation surveys that detail executive pay levels over the preceding year. These surveys seldom sample the same corporations — or measure pay the exact same way — and, consequently, almost always generate somewhat different results. This Too Much table compares the various reports released in 2010 on CEO pay for 2009.
Taxpayers, once again this year, are subsidizing over-the-top CEO pay by the billions. But now on the table: a promising new proposal that encourages America’s corporations to share that excess — or else.
Has Jim DeMint, the right-wing senator leading the assault on federal domestic spending, finally gone too far? His corporate executive benefactors may soon come to think so.
Let’s try to get more precise. America’s super rich aren’t ‘buying’ our elections. They’re making an ‘investment’ in prosperity. Their own.
The takeaway from the latest top gun flame-out at Hewlett-Packard: Chief executive ‘success,’ in America today, essentially demands no more than greed and a developmentally arrested ego.
The lackluster financial reform bill now nearing a floor vote in the U.S. Senate includes a surprising provision that could help reframe and revitalize the struggle against outrageously excessive CEO pay. Read more . . .
Don’t be fooled by all the poor-mouthing around the latest annual executive pay surveys. With Washington dithering on CEO pay reform, America’s chief executives still have plenty of reason to celebrate.
A broad swatch of mainstream religious leaders, across the Atlantic, now want to see top executive compensation tied to a fixed multiple of what companies pay their lowest-paid workers.
Labor leaders at last week’s Alpine assembling of global bankers and CEOs came with a simple pledge: We’re going to fight to cap your pay.