Pandemic puts booming CEO pay under the microscope - News Summed Up

Pandemic puts booming CEO pay under the microscope


A version of this story first appeared in CNN Business' Before the Bell newsletter. You can sign up right hereLondon (CNN Business) The pandemic exposed the huge inequities baked into the global economy. In recent decades, payouts have boomed; between 1978 and 2018, CEO compensation grew by more than 1,000%, according to the Economic Policy Institute. Sanders, the chair of the Senate Budget Committee, is looking to impose a tax on companies with CEO to median worker pay ratios above 50 to 1. The restrictions highlight the elevated risk of playing in one of the hottest corners of finance right now, my CNN Business colleague Matt Egan reports.


Source: CNN March 19, 2021 12:11 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */