Press Release
Statement by AFL-CIO President Richard Trumka on the SEC’s Proposed Rule to Require Disclosure of CEO-to-Worker Pay Ratios
… Protection Act of 2010 to propose a rule requiring companies to disclose the ratio of total compensation between chief executive officers and the median pay of employees. This pay data is important to investors because it shines a light on the … ago, CEOs of the nation’s largest companies received 42 times the pay of rank-and-file workers. According to AFL-CIO’s Executive Paywatch site, in 2012, CEOs of companies in the S&P 500 index took home 354 times more pay than rank-and-file workers. The …