4 ms·
First, here is the link to the actual release: http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539817895 http://www.sec.gov/News/PressRelease/Detai
by brwnll 11y ago
First, here is the link to the actual release: http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539817895 http://www.sec.gov/News/PressRelease/Detail/PressRelease/137...
Because this was unclear to me initially, this DOES factor in complete CEO compensation (not just salary).
The interesting part is companies will now be required to disclose the mean salary of it's general employees (C-level salaries are already disclosed), it would be interesting to see Google, or any qualifying tech business, give an official statement on employee compensation amounts.
The part I find confusing, it includes seasonal and temporary workers. Target is expected to release the ratio of the CEO compared to the yearly compensation of the thousands of Holiday season workers it hires for 3 months?
Identification of Employees Covered by the Proposed Rule
“All employees of the registrant” would include:
1. All employees (including full-time, part-time, temporary, seasonal and non-U.S. employees)
2. Those employed by the company or any of its subsidiaries.
3. Those employed as of the last day of the company’s prior fiscal year.