September 1, 2013

$0.45 Hourly Wage Increase for American Workers in Last Seven Years

While CEO Pay Increases by More than $5 Million

Interview with the Institute of governance (IGOPP) | Go Banking Rates

[…]” arrived at these findings by evaluating average worker pay from the Bureau of Labor Statistics (BLS) (2006 – 2013) and CEO compensation from the Institute for Governance of Private and Public Organizations’ ‘Pay for Value: Cutting the Gordian knot of Executive Compensation’ (2012) as well as AFL-CIO’s current ‘Executive Paywatch.’ Worker output data comes the BLS preliminary multifactor productivity trends report (2012); data regarding the distribution of family income (or gini index) comes from the Central Intelligence Agency’s ‘The World Factbook.’ ” … Read more