Will San Francisco Be the Second City to Tax Extreme CEO-Worker Pay Gaps?
SF voters will decide the fate of a proposed tax on corporations that pay their top exec more than 100 times worker pay.
SF voters will decide the fate of a proposed tax on corporations that pay their top exec more than 100 times worker pay.
While financial sector workers are enjoying a bonus bonanza, low-wage workers haven’t gotten a raise for nearly a decade.
A decade after a reckless bonus culture crashed the economy, Wall Street titans still rake in massive paychecks while many of their employees struggle to make ends meet.
The total 2018 Wall Street bonus pool was $27.5 billion — more than 3 times the combined annual earnings of all U.S. full-time minimum wage workers.
The more industries monopolize, the wider the gap between our richest and everyone else.
Executive pay excess is driving decisions that are turning workers — and their communities — into sacrificial lambs.
Senator Sanders has introduced a bill that would ban Walmart and other big corporations from repurchasing their stock unless they narrow the gaps between CEO and worker pay.
UK Labour Party leader Jeremy Corbyn and U.S. Senator Elizabeth Warren have both launched plans to shift the balance of power from shareholders to workers, including requiring worker representation on boards.
More than two-thirds of the top federal contractors and corporate subsidy recipients paid their CEO more than 100 times their median worker pay in 2017.