Comparing the Top Boss’s Pay To Yours: Roger Brossy is Interviewed by NPR on the CEO Pay Ratio RuleZoom inRead transcript
(Via NPR) Companies have long had to disclose what their CEOs make, but soon, for the first time, large companies will have to disclose how salaries at the top compare to their median compensation level for employees worldwide. It’s a rule the Securities and Exchange Commission adopted as required by the Dodd-Frank financial law.
The idea was to give shareholders of companies more context for how executives are paid, but experts say this rule could lead to some unintended consequences.
“The unintended consequence could be things like companies recognizing that they actually have a more expensive labor force than somebody else and looking to push jobs offshore to cheaper labor markets,” says Roger Brossy, managing director at Semler Brossy.
Listen to the audio featuring Roger Brossy now or access the full story, “Comparing the Top Boss’s Pay to Yours“: