As the final shareholder votes on executive pay round out
this year's proxy season, companies are already fighting on another pay-related
front, according to a WSJ report.
At issue is a rule that could force them to disclose the gap
between what they pay their CEO and their median pay for employees, a
potentially embarrassing figure that many companies would like to keep private.
The rule's supporters—a group that includes labor unions,
institutional shareholders and left-leaning activists—say it would force
companies to consider rank-and-file workers during boardroom discussions over
CEO pay and could put the brakes on executive compensation, which has been
rising faster than ….
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