@khird For companies without available pay ratio data, the CEO's pay is compared to the average annual income earned by U.S. private sector workers, which is from the U.S. Bureau of Labor Statistics’ Quarterly Census of Employment and Wages.”
@khird “The AFL-CIO’s calculation of the average CEO compensation is based on the AFL-CIO’s analysis of 498 companies in the S&P 500 Index with available pay data as of June 2020. The average CEO-to-worker pay ratio of S&P 500 companies is calculated as the arithmetic mean of the company disclosed pay ratios...”
@khird I’m no mathwiz but you’re right it seems very off. I checked their website and found this: “The data from the AFL-CIO Executive Paywatch database draws from company proxy statements that are filed with the U.S. Securities and Exchange Commission...Pay ratio data and median employee pay are displayed as disclosed by each company’s proxy statement. CEO pay ratio may not equal the displayed CEO’s total compensation due to differing company methodologies in calculating pay ratios...”
Fiscal Year 2019
McDonald’s
CEO Compensation = $5,229,155
Worker Median Wage = $9,291
Pay Ratio = 1,939:1
Papa John’s
CEO Compensation = $7,301,499
Worker Median Wage = $7,598
Pay Ratio = 1,038:1
(Median Wage: wage “in the middle.”, i.e. half of the workers earned below this level.)
#IncomeInequality #fightfor15
Ophis - The Halls of Sorrow
#deathdoommetal
OAS Chief Almagro's Interference in Bolivia To Be Investigated
“The President of the South American Parliament (Parlasur) Oscar Laborde on Sunday announced that an investigation will be launched into the role played by the Organization of American States Secretary-General (OAS) Luis Almagro in the post-electoral crisis that broke out in Bolivia in November 2019.”
@mathlover I sure wish you were right! I think it’ll take a miracle at this point. Perhaps with enough public pressure
#Lula is Free🤘
Viva Brasil!
‘Haha. We’re Good, No Witnesses.’ Cops Laugh as Fellow Cop Beats & Strangles His K-9
https://thefreethoughtproject.com/video-police-officer-abusing-k-9-partner
Officials in Baltimore and St. Louis Put the Brakes on Persistent Surveillance Systems Spy Planes
@marathon this is freaky 😱
“The minister said there was ‘circumstantial evidence’ to support the claims and that, despite a lack of ‘forensic evidence,’ all other sources for the spill had been ruled out.” 🤣 Soon-to-be pretext for future US missile strikes on Iran, mayhaps
https://www.rt.com/news/517132-israel-blames-iran-oil-spill/
Tried to warn all those Biden “progressives” but they just wouldn’t listen. 🤷🏻♀️
Wage war: Biden blasted for picking a fight in Syria, letting minimum wage slide at home https://www.rt.com/rtmobile/news/latest/516662/html
The End Of Empire is Nigh👀
Destroy capitalism
Grow cooperatives
Join the moshpit ~
We all work. But my real dream be #ConceptArtist of #horror, #fantasy. #Photoshop and sketch.
Happily engaged latina. Big #GameOfThrones #ASOIAF books nerd! politics junkie. lover of pot, #doommetal #punk #homeopathy #holistics #physiology #gardening #herbs #astronomy #cooking, #organics #history #nature and recently #football
(Photo credit: Ophis)