For fourteen years, in conjunction with the Institute for Policy Studies, UFE has published an annual report – Executive Excess (PDF) – comparing the pay of top CEOs to average workers.
We believe that the lack of pay equity in the US can be addressed by changing the rules. The better informed average workers are, the more they will be empowered to generate changes.
In addition to reports, we organize shareholder actions and support policy efforts by others.
The Latest
Solutions:
- New York Times Blog, Andrew Ross Sorkin describes a proposal from Raghuram G. Rajan, November 4, 2008.
Meltdown of Financial Services:
- Reuters, CEO pay pressure builds due to Wall Street bailout, September 22, 2008.
- New York Times, Kristof sounds off re Lehman Bros.' CEO, September 18, 2008.
CEOs of Fannie Mae and Freddie Mac:
- Ourfuture.org, Big Banks Go Bust: Time To Reform Wall Street, September 15, 2008.
- Too Much, Fannie, Freddie, and Failure, September 15, 2008.
- National Public Radio, Payouts For Ousted CEOs Anger Shareholders, September 10, 2008.
- Reuters, Democrats Question Fannie, Freddie CEO Exit Pay, September 9, 2008.
- Seattle Post-Intelligencer, CEO Pay: Worthless Checks, September 9, 2008.
- New York Times, Few Stand to Gain On This Bailout, And Many Lose, September 8, 2008.
Executive Excess 2008: How Average Taxpayers Subsidize Runaway Pay
Our 15th annual Labor Day report (with the
Institute for Policy Studies)
finds that tax subsidies directly related to executive pay total $20
billion. Average CEO pay is 344 times the pay of an average U.S.
worker.
August 25, 2008
Download the PDF: executive_excess_2008.pdf (1.01 MB)
Read Press Coverage:
Find out more about CEO Pay.