Wednesday August 05, 2015

Companies Must Reveal CEOs Pay Compared To Workers

Sometimes I think it is better not to know how much the CEO of your company makes compared to you. wink

Five years ago, the Dodd-Frank financial reform legislation directed the Securities and Exchange Commission to come up with rules requiring American companies to calculate and report the ratio between a CEO’s pay and that of the company’s typical employee. After repeated delays and claims from big business that the math was too complicated, the SEC has finally voted to approve these rules.

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