[Hac-announce] We Knew They Got Raises. But This?
Thomas Platt
tplatt13 at gmail.com
Mon Jul 11 12:25:41 EDT 2011
http://www.nytimes.com/2011/07/03/business/03pay.html?pagewanted=1 If
needed, copy in full and paste into the address field of your search
engine, such as Firefox.
Excerpts:
"It turns out that the good times are even better than we thought for
American chief executives."
“ 'What is of more concern to shareholders is that it looks like
C.E.O. pay is recovering faster than company fortunes,' says Paul
Hodgson, chief communications officer for GovernanceMetrics
International, a ratings and research firm."
"And it’s not as if most workers are getting fat raises. The average
American worker was taking home $752 a week in late 2010, up a mere
0.5 percent from a year earlier. After inflation, workers were
actually making less. "
Tom Platt
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