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Corporate Insider Exposes Opponents of CEO Pay Disclosure as “Petty Guardians of Self-Interest”

Earlier this week, the Securities and Exchange Commission finally — after a five year delay — allowed the implementation of a 2010 federal law requiring America’s largest publicly-chartered corporations to disclose the ratio of the pay of their CEOs to the pay of their average workers. Due to further SEC intransigence, the won’t actually see […]

Why the overdue SEC rule will underestimate the gap between CEO and worker pay

In 2010 — five years ago — the U.S. Congress passed into law a requirement that publicly-traded corporations must publicly reveal the gap between the pay for their CEOs and the pay for the rest of their employees. It wasn’t until yesterday that the Securities and Exchange Commission finally followed the law and enacted a […]

Breaking Down the Sex Gap in Pay: Where is Pay for Men and Women More Equal?

Head to American FactFinder, a project of the U.S. Census Bureau, and you can get information about the American people on a wide variety of subjects, all the way up to the national level and all the way down to the level of your town or city. The information provided by the Census Bureau can […]

Sex Gap in Pay Narrows to Smallest Extent in U.S. History

In the face of a mantra of “only get worse“, “only get worse,” “only get worse,” “only get worse,” I offer this instance of bad matters getting better. The U.S. Census Bureau has just released information on the gap in median pay between men and women working full-time year-round in the United States:

Median […]

95% of Politicians Taking $$ from National Restaurant Association Voted to End Restaurant Workers' Overtime Pay

According to Federal Election Commission data, in the first quarter of 2013 39 rank-and-file members of the House of Representatives took money from the National Restaurant Association, a corporate interest group that works “across the industry to advance our members’ interests.” Those interests apparently include paying restaurant workers as little as possible; in the first […]

Darrell Issa Inadvertently Points Out That Federal Worker Pay Has Been Cut

Republican Representative Darrell Issa has been making a big deal lately over the notion that federal worker pay has supposedly been rising from 2010 to 2012. His “infographic”:

I have no idea whether Issa’s claim is actually true, because he does not cite any source. However, even if this claim is true in the […]

Minimum Wage vs. CEO Pay Puts State of the Union in Context

In his 2013 State of the Union address, President Barack Obama called for a restoration in the minimum wage and a change to make it keep pace with inflation:

“We know our economy is stronger when we reward an honest day’s work with honest wages. But today, a full-time worker making the minimum wage earns […]

Nice Digs, Americans Elect

The 3rd Quarter disclosure of Americans Elect’s expenses reveals a taste for living high and paying low. The corporation/political party getting ready to announce its own bid for the White House in 2012 started paying rent in July for its office on Pennsylvania Avenue, one block away from the White House at a rate of […]

CEO Pay Cuts In Perspective

source: IPS

The poor dears.

Basic Food Budget Eats Up Pay of Lahore, Pakistan Econscious Factory Workers

I’ll get to considerations of a basic food budget in Lahore in a moment, but first a review of why I’m interested in the matter:

For a bit less than a month now, I’ve been considering the veracity of claims of CafePress that the Econscious brand shirts it sells are made produced by “sustainable organizations” […]

Interested Parties Articulate Livable Wage Much Higher Than Minimum in Pakistan

As part of an effort to demonstrate that its Lahore, Pakistan factory does right by its workers, Econscious President Dale Denkensohn released reports of workers’ pay from the winter of 2007-2008 a few days ago. Are their reported wages for full-time 48 hour workweeks — 4600 Pakistan rupees a month, equivalent to 37 US pennies […]