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
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