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executive pay

Field Museum Workers Say It’s Time for the CEO to Start Making Sacrifices, Too

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Facing devasting pay cuts and layoffs amid the Covid-19 crisis, workers at Chicago’s Field Museum are organizing to demand greater transparency and equitable sacrifice from upper management. “We fear these cuts will disproportionately impact staff of color and those already paid the least,” Field Museum workers explain in a petition that has now garnered over 1,700 signatures. …

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5 Things You Need to Know from the AFL-CIO’s New Executive Paywatch Report

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Today, the AFL-CIO released the 2017 edition of its Executive Paywatch report. The Executive Paywatch website, the most comprehensive, searchable online database tracking CEO pay, showed that in 2016, the average production and nonsupervisory worker earned some $37,600 per year. When adjusted for inflation, the average wage has remained stagnant for 50 years. AFL-CIO President …

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Unemployment: Why Won’t Congress Talk About It!?

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An interesting look at the unemployment rate. “What is currently a temporary long-term unemployment problem runs the risk of morphing into a permanent and costly increase in the unemployment rate” unless Congress takes action to create jobs.  Why the Unemployment Rate Is So High – New York Times Unemployment claims have increased slightly. “The Labor …

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McDonald’s Urges Franchises to Open on Christmas Day … Without Overtime Pay

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In November McDonald’s saw a 2.5 percent increase in November sales. This is after the fast food giant saw a decrease in sales of 2.2 percent in October. So why was there increase in sales? Was the pork-like substitute McRib back? Was there a shortage of Ore-Ida french fries in your local grocer’s freezer causing …

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How “Right to Work Shirk” Laws Kill Jobs – and Hurt All of Us

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Michigan’s recent battle makes this a good time to explain the union movement’s important role in our economy’s overall health. We’re about to explain why today’s war on unions is bad for all of us, no matter what we do for a living, and we’ll do it in four steps. But first a word about …

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Women Haven’t Gained A Larger Share Of Corporate Board Seats In Seven Years

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In addition to grappling with a persistent pay gap, working women also have to deal with extreme difficulty ascending to powerful corporate positions, according to a report by the research organization Catalyst. As Bryce Covert explained at The Nation: Women held just over 14 percent of executive officer positions at Fortune 500 companies this year and …

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Corporation Pushes Six-Year Pay Freeze On Workers While Making Record Profits, Paying CEO $17 Million

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Back in June, ThinkProgress noted that the manufacturing giant Caterpillar was seeking major concessions during contract negotiations with striking workers, even as it was making billions in profits and giving its CEO a 60 percent pay boost. The New York Times’ Steven Greenhouse added more details today, noting that the company wants to implement a …

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2011 PayWatch: Average CEO Salary–$11.4 Million

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While 25 million unemployed and underemployed U.S. workers are drowning, CEO pay skyrocketed by 23 percent, for an average salary of $11.4 million in 2010, according to the AFL-CIO Executive PayWatch. Released today, data compiled at PayWatch also show CEOs have done little to create badly-needed jobs, instead sitting on a record $1.93 trillion in …

2011 PayWatch: Average CEO Salary–$11.4 Million Read More »

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Madeline Messa

Madeline Messa is a 3L at Syracuse University College of Law. She graduated from Penn State with a degree in journalism. With her legal research and writing for Workplace Fairness, she strives to equip people with the information they need to be their own best advocate.

  • “New York, NY”