“We’re fed up with falling behind,” declared Shawn Fain, the boss of America’s United Auto Workers (UAW), last month after the union began a campaign of intermittent strikes at Ford, General Motors (GM) and Stellantis, America’s “big three” carmakers. A month in and the two sides are still at loggerheads. Jim Farley, Ford’s chief executive,… Continue reading Are America’s CEOs overpaid?
Tag: Executive Compensation
SEC Drops New Comp Disclosure Rules
The SEC has revisited its pay-versus-performance disclosure rule with a fresh batch of question-and-answer guidance about various technical aspects of the one-year old rule. The guidance, in the form of nine compliance and disclosure interpretations (CD&Is), generally addresses how companies should treat valuation issues and metrics for the purposes of calculating figures in the disclosure… Continue reading SEC Drops New Comp Disclosure Rules
See How Much Corporate Leaders Make Compared with Their Employees
From fiery speeches on union picket lines to pointed shareholder resolutions, criticism of CEO pay packages has taken on new urgency in 2023, even as the gap between the salaries at the top and bottom of the corporate ladder has continued to grow. How outlandish have CEO salaries gotten? Can they ever be reined in?… Continue reading See How Much Corporate Leaders Make Compared with Their Employees
How the Pay Gap Between Employees and CEOs Impacts Workers, According to Experts
Money can, in fact, buy happiness: A much publicized 2010 study found that employees needed to earn $75,000 per year to feel fulfilled, and that each additional dollar above that wouldn’t make a difference. But according to more recent research from Matthew Killingsworth, a senior fellow at the University of Pennsylvania, there is no such… Continue reading How the Pay Gap Between Employees and CEOs Impacts Workers, According to Experts
The 15 ‘Most Fairly’ Paid CEOs
As more states require companies to share information on salary transparency, the question of pay equity between executives and workers is being taken up by unions, shareholder activists, and researchers who question why CEO pay has ballooned in recent years. But the latest batch of executive compensation disclosures filed with the Securities and Exchange Commission… Continue reading The 15 ‘Most Fairly’ Paid CEOs
The 15 ‘Least Fairly’ Paid CEOs
“Fair” is a subjective term when it comes to compensation. Does someone whose leadership drives a company’s stock price to new heights deserve compensation that’s exponentially higher than the people working for him or her? Sometimes, perhaps. At some point, though, the ratio between pay for folks at the top of the org chart and… Continue reading The 15 ‘Least Fairly’ Paid CEOs
Special Report: Understanding Out-of-Control CEO Pay—and Why It’s a Problem
In July of 2023, right before the start of the actors’ strike and more than two months into the Hollywood writers’ strike, Disney CEO Bob Iger was attending investment firm Allen & Company’s annual Sun Valley Conference, an event known as “summer camp for billionaires.” It was there—the same day it was announced that his… Continue reading Special Report: Understanding Out-of-Control CEO Pay—and Why It’s a Problem
Meta and Google Among Top Paying Companies in 2022 Despite Firing Thousands of Employees
Facebook’s parent company Meta and Google’s parent company Alphabet have collectively laid off thousands of employees till now. However, despite the mass layoffs, the companies were amongst the top three paying companies last year, a new report states. Meta and Alphabet amongst top payers According to a Business Insider report originally attributed to The Wall… Continue reading Meta and Google Among Top Paying Companies in 2022 Despite Firing Thousands of Employees