February 28, 2017
The U.S. Securities and Exchange Commission has long delayed the Dodd-Frank law’s requirement that public companies disclose the ratio of their CEO’s pay to the pay of their median worker. It would be outrageous to further delay or reverse progress on that rule now.
I suspect that large corporations are compensating CEO's at about 1000 times what they pay a typical worker. This is bad for the shareholders almost to the point of fraud..
There is simply no excuse to give big corporations a pass about being transparent about their pay practices.