Quartz reports (a little belatedly) that the average compensation for workers at nonprofits was—as of 2014, the last year for which the numbers were available—$7.86 per hour higher than at for-profits. READ MORE
It’s Never Been Easier to Be a C.E.O., and the Pay Keeps Rising
Compensation for top bosses grew at double the pace of ordinary workers’ wages, according to our annual analysis. Topping the list: Elon Musk, with a $2.3 billion package. READ MORE
States With $15 Minimum Wage Laws Doubled This Year
The number of states that have enacted $15 hourly wage floors has doubled so far this year. And advocates pushing to raise the minimum wage have scored smaller victories elsewhere. READ MORE
Why are wage gains so weak?
After correcting for inflation, wage gains remain sluggish. In April, average weekly earnings for nonsupervisory workers were up 3 percent from a year earlier, to $785.55. Meanwhile, prices as measured by the consumer price index were up 2 percent. Considering that the economy has been expanding for nearly a full decade — a record if it continues through June — this is perplexing, even allowing that wages are growing faster at the top than in the middle. READ MORE
The Case for a $15 Minimum Wage Is Far From Settled
Recent research shows different effects on employment, based on the policy specifics and economic context. READ MORE
How The Minimum Wage Hurts Entire Neighborhoods
There is a lot of debate around the minimum wage. Some see it as a fairly straightforward way to help low-income workers. Others emphasize the negative effect it has on employment. Fewer employment opportunities are bad in their own right, but the harmful effects of minimum wage increases are likely spilling over to entire neighborhoods. READ MORE
Trends In Director Equity Compensation This Proxy Season
The trend of including director-specific limits on the size of annual equity awards to non-employee directors under long-term incentive plans (“LTIPs”) continues to pick up steam, as evidenced by our survey of LTIPs filed this proxy season for shareholder approval. Nearly 75% of LTIPs reviewed now include a director-specific limit on the size of annual non-employee director grants, with a majority of those LTIPs restricting not only the size of annual equity awards, but also capping total annual compensation to non-employee directors. READ MORE
CEOs — especially those in tech — are making more money than ever
Worker pay, however, is stagnating. READ MORE
Proxy advisors and executive compensation: Who watches the watchers?
Proxy advisory firms, or PA's, assemble research data on thousands of publicly traded companies. This information is distilled and compared to guidelines adopted by the PAs in order to make proxy voting recommendations to institutional investors and retail clients. READ MORE
What Tech Companies Pay Employees in 2019
Nearly a decade ago, in the aftermath of the financial crisis, Congress passed a law requiring publicly traded companies to report the median pay of their employees and compare it to the CEO’s pay. The goal was to highlight corporate excess and income inequality, with an eye toward curbing the outsize executive compensation packages that Congress viewed as contributing to the crisis. READ MORE
4 Vital Compensation Questions to Ask Before Hiring New Employees
Growing your company requires savvy advance decision making on salaries, benefits, and promotions. READ MORE
2-Tiered Wages Under Fire: Workers Challenge Unequal Pay For Equal Work
When Courtney Hering started working at Kohler Co. seven years ago, she was continuing a long family tradition.
"My mother, she's been here 39 years," she says. "My dad worked here for 14 years. And my grandfather on my dad's side, he worked here as well." READ MORE
New Salary Thresholds On The Horizon
The U.S. Department of Labor (DOL) again seeks to increase the salary required to maintain a so-called "white-collar" exemption under the Fair Labor Standards Act (FLSA). On March 7, 2019, it announced its Notice of Proposed Rulemaking (Proposed Rule) to update the regulations and requirements under the FLSA for such executive, administrative and professional employees to be exempt from overtime requirements. READ MORE
A Buck? 3 Major CEOs Earn $1 Or Less A Year
CEO pay isn't always a lucrative multimillion-dollar package. Many investors might be surprised to find even CEOs of publicly traded companies earn less a buck a year or less. READ MORE
Not Paying Your Board? You're Sabotaging Your Success
In pursuing success, start-up founders often cut corners.
Usually, that comes in the form of scrimping on spending. Cutting back on the fancy office chairs? Good idea. But slashing the compensation where it really matters can backfire. READ MORE
Why Democrats can't figure out how to raise the minimum wage
More than two months ago, House Democrats started the process of passing a bill that would gradually raise the federal minimum wage to $15 per hour.
Since then? Crickets.
Here's a look at the complex factors involved in making such a move. READ MORE
Corporate executive salaries are out of line
The United States has the largest wealth gap of most developed nations and the perils of income inequality have stirred up a debate between capitalism and socialism Opens a New Window. economic systems. READ MORE
C.E.O. Pay, America’s Economic ‘Miracle’
Annual-meeting season is unfolding for corporations, and the script is playing out as usual — chief executive officers will get their way. They may endure the verbal lashings of a couple of shareholders, perhaps face a slightly embarrassing “say on pay” vote about their princely income and then intone that after careful analysis, a compensation committee, advised by experts, unanimously approved their ridiculous pay package. READ MORE
Any day now, expect the AFL-CIO to produce another hugely inflated CEO-to-worker pay ratio, debunked in advance
Any day now, the AFL-CIO will report its annual CEO-to-worker pay ratio for 2018 based on a series of flawed statistical assumptions that results in a rather meaningless apples-to-oranges comparison and a wildly inflated ratio. See the labor oranization’s press release last year for CEO pay in 2017 and my criticisms of the AFL-CIO Executive Paywatch report here. READ MORE
Kamala Harris calls for fining companies over gender pay gap
Presidential candidate Sen. Kamala Harris is vowing to fine corporations that don’t take steps toward closing the gender pay gap. READ MORE