Issues / Finance
Surely the businesses that measure their executive pay in dollars per second can afford raises to bring their lowest wage workers above the poverty level.
For too long, taxpayers have borne the burden of this scam.
Just one example of a corporate culture that rewards executives for behavior that hurts workers, taxpayers, and shareholders.
Unpacking the data highlights all the problems with excessive executive paychecks.
Over the past two decades, the myth of CEOs earning their runaway pay packages has grown into the ultimate scam.
IPS releases 20-year review showing that nearly 40 percent of America’s top-paid CEOs are not so great at their jobs.
Nearly 40 percent of the CEOs on the highest-paid lists from the past 20 years were eventually "bailed out, booted, or busted."
Since 1994, Executive Excess has reported annually on excessive CEO compensation.
Amazon's take-no-prisoners business model made founder Jeff Bezos staggeringly rich while stranding thousands of warehouse workers on the borderline of poverty.
Suddenly, all self-respecting billionaires need to own at least one newspaper.