Corporations CEOs of public U.S. firms earn 320 times as much as workers. Even some CEOS say the gap is too big. An Employee of the Month at a Missouri hospital got a $6 coupon after surviving Covid. The CEO of the firm that owns the hospital got $30 million...
Trying to address the growing wage gap between chief executives and workers, San Francisco voters overwhelmingly approved what is believed to be the nation’s first tax aimed at combatting pay inequity...
Wells Fargo & Co Chief Executive Officer Charles Scharf has apologized for making insensitive remarks around race and diversity, seeking to quell a row over his references to a shortage of talent among minority groups. Reuters reported on Tuesday that Scharf had exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there were not enough qualified minority candidates...
Ten of the country's largest airlines, including American, Delta and United, are to receive a slice of the $25 billion Payroll Support Program.Major U.S. airlines, roiled by the coronavirus pandemic, will be participating in the federal government’s Payroll Support Program, Treasury Secretary Steven Mnuchin announced Tuesday. Ten of the country's largest airlines, including American, Delta and United, are to receive a slice of the $25 billion Payroll Support Program...
What happens when there are more women than men in the boardroom? More women on boards means "behavior and conduct in a company are balanced," one recruitment expert said. For the first time in its 110-year history, General Motors now has more women than men on its board...
Outsized CEO pay is an issue coming under increasing scrutiny, and Donald Trump has already promised to do away with legislation that would require companies to be more transparent...
The survey also compared CEO pay to that of union workers. Here the gap between CEO and average worker pay was less at just more than 242 times, while the typical CEO earned more than 819 times what a worker earning minimum wage would take home in a year. "The income inequality that exists in this country is a disgrace," AFL-CIO President Richard Trumka said in a statement ...
An ex-vice president says Viacom fired her for opposing its alleged plan to avoid paying taxes on licensing rights for Teenage Mutant Ninja Turtles...
... Kara Swisher, Re/code co-executive editor, on whether Dick Costolo will be out at Twitter. She believes the board is concerned an activist shareholder will come in and force their hand. Published January 30th 2015, 9:27 am. advertisement. Related ...
Corporate boards with greater gender diversity function better, and it takes just one woman to make a difference. While earlier research suggested that it takes a few women in the boardroom to move the needle, a new study shows that even the presence of a ...
