:: rawblogXport ::

union news / workers rights / construction / safety / irony...
today's home page

google news

recent posts:
  • Worker’s Memorial dedicated to former staff member...
  • CTW’s Drive Provides Challenge to AFL-CIO
  • Why John Sweeney Should Retire As President of the...
  • City schools, unions OK jobs program
  • City hall unions patch up their differences
  • McGovern to unions: Live with less
  • Department of Energy To Elminate Worker Protection...
  • Worker shortage looming at Xcel
  • Union "Funeral Procession" Violates Secondary Boyc...
  • Critics slam changes at Labour Relations Board

  • BlogRolling:

    blogs that link here

    eXTReMe Tracker
    Powered by Blogger

    Powered by BlogRolling

    Listed on BlogsCanada

    member union label

    Get Firefox!

    email d@ve2300
    this weblog is the work of dave livingston, a union carpenter in nelson bc canada

    the web

    references to rawblogXport:
    Confined Space
    "Hat tip to rawblogXport for this."
    Jordan Barab, Confined Space
    "a great labor news digest..."
    Labor Blog
    "rawblogXport was there, providing consistently good labor news..."
    Political Site of the Day
    Confined Space
    "Senators Push Legislation to Toughen OSHA Penalties"
    Workers Comp Insider
    Human Fall Traps
    Workers Comp Insider
    "May is labor history month"
    Workers Comp Insider
    "A tip of the hat..."
    "Union Democracy in Carpenters"

    FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of labor and economic issues, etc. We believe this constitutes a "fair use" of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 Chapter 1 Sec.107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

    "The fight is never about grapes or lettuce. It is always about people."
    Cesar Chavez

    :: Monday, May 29, 2006 ::

    'How'd they become worth so many more... workers?' - By Jane M. Von Bergen, Philadelphia Inquirer
    Drosdick's total direct compensation - salary, bonus, long-term incentive plan payouts, and the exercise of previously issued stock options - was about $46 million in 2005, up 37 percent from $33.4 million the prior year. Average total direct compensation for all CEOs was $4.8 million, up from $3.6 million in 2004.

    'I think it's outrageous,' Savage said. 'But I don't think Jack Drosdick is the problem. These days, the average CEO's salary - and I'm pulling this number out of the air - is worth 500 workers' salaries and 15 times the salary 30 years ago.'

    Savage's figures are a little off. Average CEO pay in 2003 was 185 times the average worker's pay, compared with 1965, when it was 24 times the average pay, according to an analysis by the Economic Policy Institute in Washington.

    'It's not a Sunoco or a Drosdick thing,' Savage said. 'It's an issue that affects the whole country. How did they become worth so many more of the workers?'
  • posted 7:51 AM :: reference link :: 0 comments ::
  • -------------------------------------------

    Comments: Post a Comment

    unions: the folks that brought you the weekend Powered by Blogger