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Keyword: ceosalary

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  • 'It's grotesque': As CEOs rake in millions in annual pay, their employees struggle to get by

    06/27/2018 2:25:33 PM PDT · by rickmichaels · 77 replies
    Financial Post ^ | June 11, 2018 | David Gelles
    A Walmart employee earning the company’s median salary of US$19,177 would have to work for more than a thousand years to earn the US$22.2 million that Doug McMillon, the company’s chief executive, was awarded in 2017. At Live Nation Entertainment, the concert and ticketing company, an employee earning the median pay of US$24,406 would need to work for 2,893 years to earn the US$70.6 million that its chief executive, Michael Rapino, made last year. And at Time Warner, where the median compensation is a relatively handsome US$75,217, an employee earning that much would still need to work for 651 years...
  • "Say-on-pay: A farm bill issue" from Politico

    06/06/2013 5:14:17 PM PDT · by reformed_democrat
    Politico ^ | 6-4-2013 | David Rogers
    "As shareholders in those associations[banks and co-ops that make up the Farm Credit System], farmers and ranchers would be guaranteed a “say-on-pay” vote if compensation for the top corporate officers jumped by 15 percent or more in a single year."
  • CEO pay and benefits on the rise: report

    08/29/2007 9:58:19 AM PDT · by libertarianPA · 36 replies · 470+ views
    Reuters via Yahoo! News ^ | 8/29/07 | Joanne Morrison
    WASHINGTON (Reuters) - Top executives at major businesses last year made as much money in one day of work on the job as the average worker made over the entire year, according to a report released on Wednesday. Chief executive officers from the nation's biggest businesses averaged nearly $11 million in total compensation, according to the 14th annual CEO compensation survey released jointly by the Institute for Policy Studies based in Washington and United for a Fair Economy, a national organization based in Boston. At the same time, workers at the bottom rung of the U.S. economy received the first...