Depending on how it's calculated, the average pay of CEOs at the 350 biggest U.S. companies last year came to $17.2 million, the EPI research found. (Or, alternatively, about $14 million, with the smaller number valuing the stock options that make up a big chunk of CEO pay at the time they were granted rather than when they were cashed in at typically higher prices.
Last year chief execs got $278 for every $1 a typical worker earned, according to Mishel and Wolfe. Back in 1965, top corporate chiefs earned $20 for every dollar a typical worker earned, with that ratio rising to 58-to-1 by 1989. The gap widened dramatically in the following decades, they noted, due to a shift in the 1990s and 2000s to compensate CEOs mostly with stock options, restricted shares and other incentive-based pay fueled a spike in their earnings.
Were you following this:
Automation, Robots Not to Blame for U.S. Job Losses | Economics21
Steve Greenhouse talks labor, UBI, Andrew Yang on Kara Swisher podcast - Vox
Faced with the looming disruption of millions of jobs by AI, several prominent voices in tech — including Facebook co-founder Chris Hughes and 2020 presidential candidate Andrew Yang — have embraced the potential benefits of the government giving people a "universal basic income": Here's some money, no questions asked! CEO pay: chief executives rake in 940% more than 40 years ...www.cbsnews.com /news/ ceo - pay - in-940 ...CEO compensation rose 940 % from 1978 to 2018, compared with a 12% rise in pay for the average American worker during the same period, according to the Economic Policy Institute .!! As a result, they say, workers in the service industry and gig economy won't have to work such crazy hours, freeing up time for them to pursue artistic and entrepreneurial projects that could one day be valuable.
$15 minimum wage would give up to 27 million a raise, CBO concludes - CBS News
While a $10 minimum wage would have negligible effects, a $15 minimum "would boost the wages of 17 million workers who would otherwise earn less than $15 per hour," the CBO said. "Another 10 million workers otherwise earning slightly more than $15 per hour might see their wages rise as well.
The 17 million people who would see a pay raise under a $15 minimum make up a larger portion of the workforce than the entire manufacturing sector, which employs about 12 million! CEOs rake in 940% more than 40 years ago, workers earn 12% wdef.com/2019/08/14/ ceo s- rake - 940 ...In 2018, average CEO pay at the 350 biggest U.S. companies was The 17 million people who would see a pay raise under a $15 minimum make up a larger portion of the workforce than the entire manufacturing sector, which employs about 12 million7.2 million. Top chief executives make roughly N78 for every The 17 million people who would see a pay raise under a $15 minimum make up a larger portion of the workforce than the entire manufacturing sector, which employs about 12 million a typical worker earns — that's up from a ratio of ...1 in ...!! Nine out of 10 of those who would benefit are over the age of 20, and 71 percent have a high school degree or some college, according to CBO estimates! Flipboard: CEO pay: chief executives rake in 940% more ...flipboard.com/@CBSNews/ ...years...CEOs. CEO pay: chief executives rake in 940 % more than 40 years ago, while average workers earn 12% more. CBS News - Kate Gibson • CEO compensation rose 940 % from 1978 to 2018, compared with a 12% rise in pay for the average American worker during the same period, according to …!! Slightly more than half (56%) are female, and the same portion works full-time, not part-time.
Were you following this:
Robots won't steal your jobs, but that fear may be contributing to stagnant wages, Deloitte says |
In the speech, seen by Guardian Australia, Richardson says despite technological change accelerating for decades, unemployment is "close to record lows around the world" – including the US, UK and Australia
* * *
Richardson compares fears that robots will "steal" jobs with fears that migrants would do the same – or married women – in times past
Richardson says the predicted trend of Australians having "heaps of jobs" over their career has not eventuated
"And the average Australian worker has been in their current job for almost five months longer than was true just a decade ago
Nor has work in the gig economy and working from home replaced traditional modes of employment, he says.
Why Treasury blaming a lack of 'job switching' for stagnant wages may have backfired | Australia ne
It looked to unions like an attempt to blame workers for their bosses' failure to grant a pay rise
But the discussion should not provoke outrage because the Treasury may just have handed unions their best argument yet for changing the rules around bargaining between employers and employees
First, she said, there were the "standard" causes: lower inflation and inflation expectations, slower productivity growth, high rates of participation and spare capacity in the labour market, and the end of the commodity price boom
* * *
The paper finds that "more frequent job switching is associated with higher real wage growth, even for those that stay in their job", Quinn said
"This research suggests that a 1 percentage point decrease in the job switching rate, for any given demographic or cyclical conditions, is roughly associated with a ½ percentage point decline in average wage growth."
No comments:
Post a Comment