April 6, 2006: Corporate executive pay and perks have gotten more out of line than ever, as detailed in a lengthy report in the April 9 New York Times. "Off to the races again, leaving many behind" the feature shows that average CEO pay went from 33 times average workers' pay in 1980 to 104 times in 2004, with many CEOs of large corporations far higher than that.
The AFL-CIO is asking unionists to do something about it.
Click here for the New York Times article "Off to the races again, leaving many behind"
Click here for a chart of CEO compensation of 200 corporations
Click here for Information on CEO Watch from the AFL-CIO
Executive Pay Hits All-Time High
Do you like this post?
Recent News
Yellow Terminals Sold for $1.9 Billion – XPO and Estes are Big Buyers
December 05, 2023
Most of Yellow’s terminal properties closed at auction on December 4, with XPO the biggest buyer, paying $870 million or nearly half of the $1.9 billion that the 128 properties yielded. XPO bought 28 properties and Estes bought 24.
Online Workshop: From Contract Campaign to Contract Enforcement
December 02, 2023
Hear from UPS Teamsters and guest speaker Teamsters General President Sean O'Brien about moving from contract campaign to contract enforcement this Sunday, December 10 at 12 PM EST/11 AM CT/10 AM MT/9AM PT. Register now.