Posts tagged wage
Worker pay at many companies failed to keep up with inflation last year

“It’s in people’s self-interest to try to contain this,” Rosanna Landis Weaver, wage justice and executive pay program senior manager at As You Sow, a nonprofit shareholder-advocacy group, told Fortune in May. “The political instability created by income inequality is a real danger. It’s a danger to democracy, and it’s a danger to capitalism.” Read More →

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Should there be a ‘maximum wage?’ Fortune 500 CEOs earned 205 times what their typical employees did in 2021

“It’s in people’s self-interest to try to contain this,” says Rosanna Landis Weaver, wage justice and executive pay program senior manager at As You Sow, a non-profit shareholder-advocacy group. “The political instability that is created by income inequality is a real danger. It’s a danger to democracy, and it’s a danger to capitalism.” Read More →

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Maximum Wage: Meet the 10 Most Overpaid CEOs in the Fortune 500—plus the 10 Most Undervalued

“I am a capitalist. I’m for improving capitalism, not throwing it out,” says As You Sow’s Weaver. “It’s in people’s self-interest to try to contain this—because the political instability that is created by income inequality is a real danger. It’s a danger to democracy, and it’s a danger to capitalism.” Read More →

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The SEC, and ESG advocates, want to know how well companies are treating their workers

In recent years, both the World Economic Forum and Business Roundtable, pre-Covid, embraced stakeholder capitalism over shareholder capitalism to the exclusion of every other interest. Andrew Behar, CEO of As You Sow, which has taken on many companies over the years in proxy battles focused on ESG issues, says the tide it not turning back to Milton Friedman’s view of the world. Read More →

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