We need your help. CEO pay is out-of-control, but we have a chance to rein it in. CEOs of the largest companies now make 380 times the pay of the average worker in the United States. Yes, that’s right. 380 times!
This growing income inequality is hurting our nation’s economy and working families.
Luckily, some small steps have been taken to bring CEO pay out into the open but, as The New York Times editorialized recently,1corporate lobbyists are pressuring the Securities and Exchange Commission (SEC) to drag its feet about making this information public.
Click here now to tell the SEC to take a step in the right direction and disclose CEO-to-worker pay ratios.
Runaway CEO pay is bad for our economy and it’s bad for the morale of working families. Employees at every level, from the executive suite to the mailroom, contribute to making a company successful.
But companies act as if CEOs alone are responsible for the success of their organizations. That’s why the average CEO of an S&P 500 company received a 13.9 percent raise in 2011 compensation—to an astounding $12.94 million.
Tell the SEC: Make CEO pay more transparent by disclosing CEO-to-worker pay ratios.
The Dodd-Frank Wall Street Reform and Consumer Protection Act requires public companies to disclose CEO-to-worker pay ratios. Disclosing these pay ratios will shame companies into stopping runaway CEO pay.
But corporate executives are lobbying hard to keep this pay information secret. We need to let the SEC know that a few corporate lobbyists advocating for the interests of the 1% does not outweigh the views of working families who feel CEO pay has run amok.
Click here now to send a quick e-mail to the SEC and demand that the CEO-to-worker pay ratio disclosure rule be issued ASAP.