Economic Inequality

The wealthiest 1 percent of the world's population owns more than half of the world's wealth. Executive pay is rising, and the incentives that increase executive pay may misalign with shareholder value.



Stories


US investors revolt against executive pay in record numbers

Executive bonuses in the US have received record low support from investors this year after boardro…

1 year, 4 months

FINANCE Bank of America says it will boost minimum wage to $25 an hour by 2025

Bank of America said it is raising the minimum hourly wage it pays employees to $25 by the year 202…

1 year, 4 months

C.E.O. Pay Remains Stratospheric, Even at Companies Battered by Pandemic

While millions of people struggled to make ends meet, many of the companies hit hardest in 2020 sho…

1 year, 5 months

Wages, Minimum Wages, and Price Pass-Through: The Case of McDonald’s Restaurants

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducti…

1 year, 7 months

Costco raises its minimum wage above rivals like Amazon, Target and Best Buy

Costco will raise its starting rate for hourly store workers in the United States to $16 an hour, p…

1 year, 7 months

Walmart just boosted pay to $15

Walmart announced pay bumps Thursday that will bring its average hourly wage to over $15 an hour. B…

1 year, 7 months

The Worker Financial Wellness Initiative – Making Workers’ Financial Security and Health a C-Suite Priority

JUST Capital and PayPal , in collaboration with the Financial Health Network and the Good Jobs Inst…

1 year, 12 months

Average CEO earnings soared to $21.3 million last year and could rise again in 2020 despite the coronavirus recession

Fueled by a surging stock market, CEO compensation climbed to its highest level in seven years last…

2 years, 1 month

Top CEOs pledge to hire 100,000 low-income and minority New Yorkers

The leaders of some of New York's largest employers are pledging to hire 100,000 low-income and peo…

2 years, 1 month

Consumer Bureau Scraps Restrictions on Payday Loans

The Consumer Financial Protection Bureau on Tuesday formally rescinded a plan to impose new limits …

2 years, 2 months

Petitions


Walt Disney Company
Empowering Workers in Governing Walt Disney Corp.

Non-management employees shall be part of new director nominees and/or other options such as labor councils, board liaison, Employee Stock Ownership

$313.3 million supporting

Woodward, Inc.
Empowering Employees in Governing Woodward, Inc

Woodward Inc. shall adopt a policy promoting significant representation of employees on the board of directors.

$308.9 million supporting

Edwards Lifescience…
Empowering Employees in Governing Edwards Life Sci

Edwards Life Sciences shall adopt a policy promoting significant representation of employees on the board of directors.

$308.9 million supporting

Repligen-Shareholder Proxy Access

Board enable shareholder proxy access

$317.1 million supporting

Kimberly-Clark-Written Consent by Shareholders

Board permit written consent by shareholders to cast minimum number of votes to authorize action at a meeting

$317.2 million supporting

BMY-Written Consent by Shareholders

Board permit written consent by shareholders entitled to cast the minimum number of votes

$317.2 million supporting

Chipotle-Permit Written Consent by Shareholders

Board permit written consent by shareholders to cast minimum number of votes to authorize meeting action.

$317.2 million supporting

Amazon-Enable Holders to Call Special Meetings

Board amend bylaws to enable holders to call special shareowner meetings.

$317.2 million supporting

United Parcel Servi…
UPS: Link Executive Pay to Sustainability

Integrate sustainability metrics into company executive compensation incentive plans

$214.6 million supporting

Forced Arbitration for Sexual Harassment Claims

Investor Statement in Support of Ending Forced Arbitration for Sexual Harassment Claims.

$151.0 million supporting