3 ms·
I would agree in regards to SEC filings, but I'm not sure this comes from an SEC filing? Also, do you have to state median pay in such a filing?
by mrleiter 8y ago
I would agree in regards to SEC filings, but I'm not sure this comes from an SEC filing?
Also, do you have to state median pay in such a filing?
- kss238 8y agoI don't think companies are required to and this statement from the WSj article: >the fourth-highest pay among the hundreds of companies in the S&P 500 index that have disclosed those figures. seems to imply that it is not.
- desdiv 8y agoThis article seems to suggest it's mandatory for public companies: >As Congress chips away at bank regulations established by the 2010 Dodd-Frank law, another part of the measure is exposing the extreme income inequality between bosses and their workers. >The law requires publicly traded companies to calculate the ratio of their chief executive officer’s compensation to the median pay of the companies’ employees. After a series of delays, firms are finally disclosing their pay ratios in filings with the Securities and Exchange Commission. [0] [0] https://www.huffingtonpost.com/entry/ceo-pay-disclosure_us_5aa6da18e4b03c9edfae9aec https://www.huffingtonpost.com/entry/ceo-pay-disclosure_us_5...
- jdavis703 8y agoYou're right, I suspect this article is based off of new federal requirements that companies report employee vs. CEO pay disparities [0]. 0: https://www.sfgate.com/business/networth/article/Yes-median-pay-at-Facebook-really-is-about-12870786.php?t=4bd335ea10 https://www.sfgate.com/business/networth/article/Yes-median-...