October 12, 2013
I am writing in support of Dodd-Frank rule 953(b), which requires that corporations disclose pay disparities between CEOs and average workers.
We need a system in which Americans' productivity, which has been increasing over decades, is rewarded as corporate profits soar; currently, only those at the top are benefiting financially from our system.
We need disclosure of pay ratios between CEOs and average employees. Such disclosure would show which corporations are behind this trend and which are steering investments to CEOs' pockets, even as it would reveal to the extent of the disparity to the public.
As an investor and as a consumer, I insist on fair pay structures -- these would benefit not only workers, but also the economy.
We cannot accept a system that benefits only a few individuals. For these reasons, it is imperative that you resist the pressure being put on you by self-interested executives and implement the law as written.
Thank you for considering my comment,
Sue Tyson
Los Angeles, CA