October 15, 2013
I support Dodd-Frank rule 953(b), which strikes me as being all about the intersection of pay equity and investor value.
American workers are more productive than ever, but, year after year, studies show working Americans earning less and less, even as CEO pay balloons and corporate profits soar.
Disclosing corporate pay ratios between CEOs and average employees will finally show which corporations are driving this trend, which siphons money away from investors, and into the pockets of CEOs. In 1990, senior executive pay absorbed 5 percent of corporate profits. Today, according to Government Metrics International, it absorbs 10 percent.
Fairer pay structures mean stronger companies and a stronger economy – both of which are important to me as a consumer and as an investor.
No doubt there are a select few who benefit from the status quo of keeping the pay disparities undisclosed. Stand firm, and implement the law as written.
THERE ARE DOZENS IF NOT HUNDREDS OF IMPORTANT CHOICES THAT HAVE TO BE MADE EACH YEAR THAT WE HAVE TO WORK TOGETHER ON EACH COMBINING OUR TIME AND EXPERTIES TO BE ABLE TO REACH THE BEST CHOICES AND CORRECT PAST ERRORS MORE QUICKLY. THE MOST EFFICIENT AND EFFECTIVE WAY WE CAN EVOLVE OUR REPRESENTATIVE SYSTEM OF SOCIETAL INSTITUTIONS MANAGEMENT TO GOVERNMENT OF, BY AND FOR THE PEOPLE IS BY ONE 6 YEAR TERM LIMITS FOR ALL OF OUR REPRESENTATIVES/MANAGERS WORLD WIDE STARTING WITH THE U.S. CONGRESS.. EVEN THE POWERS THAT BE WILL BE BETTER OFF BECAUSE FREE PEOPLE, ON A LEVEL PLAYING FIELD, PRODUCE MORE, KEEP MORE AND SHARE MORE. WWW.ONE6YEARTERMLIMITS.ORG
Thank you for considering my comment,
BILL VOM WEG
COVINGTON, LA