New research from the Institute for Policy Studies shows that 100 major U.S. companies are prioritizing share repurchases and exorbitant CEO pay at the expense of their employees. An analysis published Thursday shows that the 100 leading U.S. corporations with the lowest median worker pay poured more than half a trillion dollars into stock buybacks […]
“By inflating executive compensation while their workers struggled during a pandemic, corporate boards have strengthened the case for tax penalties on huge CEO-worker pay gaps.” Dozens of the largest low-wage employers in the United States manipulated their own rules during the coronavirus pandemic to hand wealthy CEOs substantial raises while their vulnerable frontline workers struggled […]
Rep. Tarr’s wage disclosure bill is good for employers, employees, and business JUNEAU – Rep. Geran Tarr (D-Anchorage) has pre-filed the “Wage Disclosure Act” for consideration by the Alaska Legislature. House Bill 200 would require employers to include wage or salary ranges when advertising jobs, explicitly allowing all employees to disclose and discuss their […]
JUNEAU, Alaska—Alaska’s employment was up an estimated 0.4 percent in October, or 1,400 jobs, from October 2018. The seasonally adjusted unemployment rate remained at 6.2 percent while the comparable national rate rose to 3.6 percent. Oil and gas gained the most jobs (500), followed by construction (400). Leisure and hospitality, professional and business services and […]