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News & Information
News and Information
December 17, 2013 8 Truly Outrageous CEO Perks: 24/7 Wall StreetSource: Huff Post
CEO compensation, relative to the amount the average American is paid, has skyrocketed in the past few decades. In 1965, the average CEO pay was 18.3 times the average worker pay. By 2012, CEOs made 200 times workers pay.
December 16, 2013 Pope attacks mega-salaries and wealth gap in peace messageSource: Reuters
Pope Francis said in the first peace message of his pontificate that huge salaries and bonuses are symptoms of an economy based on greed and inequality and called again for nations to narrow the wealth gap. In his message for the...
December 13, 2013 CEO pay ratio met by skepticism, doubtSource: BenefitsPro
It didn’t require microscopic examination of the Securities and Exchange Commission’s pay ratio rule to find the gaping holes in it. Proposed in September, the SEC’s rule was yet one more attempt to rein in runaway executive...
December 9, 2013 Why sustainable pay is the future of executive compensationSource: Green Biz
When I was a director of a financial institution in the 1990s, we struggled in vain to get top executives to pay attention to the board’s sustainability priorities, to no avail. Then we stumbled upon the idea of rewarding the CEO...
December 3, 2013 Swiss Activists: Let’s Cap CEO PaySource: The Nation
Not all that many generations ago, the idea of an income floor for working Americans—a minimum wage—seemed impractically utopian. Today we have mandated state and national minimum wages, and the vast majority of Americans want...
Source: Inside Counsel
Corporate directors and investors are faced with a myriad of corporate governance issues — and their views on those issues are not always in alignment. A new study reveals areas where both directors and investors are in...
November 20, 2013 Bruce Ellig's "The Complete Guide to Executive Compensation" New 3rd Edition to be Published in DecemberSource: Sacramento Bee
"It seems to me that we've got quite a disconnect: charges of excessive executive compensation have filled the business press for years, but few understand why pay plans are to blame," says executive compensation expert Bruce R....
November 19, 2013 TVA pays new CEO Bill Johnson 15 times Obama's salarySource: Times Free Press
The new head of the Tennessee Valley Authority was paid nearly 50 percent more than his predecessor even though he was on the job only nine months of the year and has vowed to cut the agency's overall payroll. TVA said in a...
November 18, 2013 Swiss outrage over executive pay sparks a movement in EuropeSource: Reuters
Here’s an idea for how to end corporate greed and reverse the trend of growing income inequality worldwide: impose a new rule that would limit the pay of top executives to just 12 times that of the lowest-paid employees at the...
November 15, 2013 Should Swiss CEO Pay Be Capped? A Vote May Make It SoSource: Wall Street Journal
ZURICH—Switzerland will vote next week on a proposal limiting executive pay to 12 times that of a company's lowest paid worker, the second time this year the country will use the ballot box in an attempt to rein in corporate...
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