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April 25, 2017

On This Day in 1978:

Supreme Court rules that employers may not require female employees to make larger contributions to pension plans in order to obtain the same monthly benefits as men.

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Labor Headlines

US labour news headlines from LabourStart

Teamsters Praise SEC for Proposed Rule on CEO Pay
Posted On: Sep 19, 2013
Sept. 19, 2013 | ECONOMIC INEQUALITY | The Union today applauded the Securities and Exchange Commission (SEC) announcement of a new proposed rule requiring corporations to disclose the ratio between chief executive and worker pay…."CEO pay keeps going up and worker pay keeps going down," said Teamsters General President Jim Hoffa. "This is a dirty secret that corporate CEOs don't want exposed, and the SEC did the right thing by proposing this rule." Full IBT statement here. Related: Ratio of CEO pay to average worker pay rose from 195-to-1 in 1993 to 354-to-1. Full story here.

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Updated: Apr. 25 (17:01)

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