salon: Pretty soon, millions of American workers will know exactly how much less money they earn tha
salon: Pretty soon, millions of American workers will know exactly how much less money they earn than their corporate bosses, as the Securities and Exchanges Commission voted in favor of a new rule today that requires every publicly traded company to regularly disclose the pay ratio between top company executives and their employees.Although CEO pay is already revealed in a company’s annual proxy statement, this new rule will force corporations to assess and disclose the ratio of a chief executive’s compensation to the median compensation of their employees, starkly illuminating income inequality company-by-company.Rule requiring companies to disclose CEO-to-worker pay ratio is “an important step,” 2016 hopeful says An important step on the road towards enacting Wage Ratio Legislation. Learn more at wageratio.org -- source link
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