News for hackers. Stuff that matters.

A comment on SEC adopts rules mandating disclosure of CEO-worker pay ratios. Parent comment

Re:SEC adopts rules mandating disclosure of CEO-worker pay r... by pvnick on Wednesday August 05, 2015 @02:48PM (#10011905)
The populist (read: uninformed/envious) belief is that high-paid CEOs are simply entitled ladder climbers that don't provide any more value than the mail room clerk, and yet soak up zillions in bonus dollars that should instead go towards paying said mail room clerk.
[ Parent | on HN ]
Re:SEC adopts rules mandating disclosure of CEO-worker pay r... by dbcfd on Wednesday August 05, 2015 @02:55PM (#10011967)
Except for studies that indicate otherwise. And that their salary is determined by a board of their peers, whose salaries are determined by boards that may include that executive.

There is no downside to increasing CEO compensation for these boards.

[ Parent | on HN ]
Re:SEC adopts rules mandating disclosure of CEO-worker pay r... by jogjayr on Wednesday August 05, 2015 @02:58PM (#10011997)
> paying said mail room clerk.

Or paying dividends/buybacks to shareholders? This isn't just an issue for the "99%"

[ Parent | on HN ]