Shining the spotlight on the corporate pay gap

posted by
July 4, 2011
In These Times    
Posted in PND Commentary

"We’ve long known that executive pay has skyrocketed during the last 40 years -- and especially during the last 20. As the Economic Policy Institute has reported, the average CEO makes roughly 300 times the average worker -- up from 100 times the average in the early 1990s and 40 times the average in the 1970s. In this new Gilded Age, we are inundated with stories about how executives -- even in taxpayer-subsidized industries like banking -- are paying themselves record salaries. This is nothing new; in fact, it’s lately been a bragging point for firms in their efforts to attract talent. So, then, why is Corporate America suddenly so shy about compensation rates?" (07/01/11)  

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