I almost missed a vote in Congress to hold an advisory vote at all corporations on executive pay and bonuses (Don’t you love that the democrats are now in charge?)
According to the Houston Chronicle, the average pay for a CEO 15 years ago was 150 times the lowest paid worker in that corporation. Now, it’s 500 times more than the lowest paid worker.
Now that the Democrats are in charge, they decided to push a bill that calls for an advisory vote by shareholders on the top executives compensation package. It passed.
No surprise. Doc voted no. He thinks exorbitant salaries by CEOs is totally cool.