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SEC Proposes New Rule That Would Make Companies Disclose The Fact That CEO’s Make More In An Hour Than Rank And File Employees Make In 7 Lifetimes

U.S. regulators proposed new rules Wednesday that would require public companies to disclose the pay gap between chief executives and rank-and-file employees, a controversial requirement that thrusts executive compensation into the spotlight. A divided Securities and Exchange Commission voted 3-to-2 to float a less onerous measure than what the SEC was ordered to adopt in the 2010 Dodd-Frank financial law, giving companies flexibility in how they calculate the ratio to cut back on its expected costs. [WSJ]

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One Response to “SEC Proposes New Rule That Would Make Companies Disclose The Fact That CEO’s Make More In An Hour Than Rank And File Employees Make In 7 Lifetimes”

  1. guest says:

    I like it!

    -rank and file employee

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