Disclosure on Bottom of Pay Scale Better Than Pay Ratio
— January 19, 2016
By Karen Brenner
As corporations are increasingly pressed to address environmental and social problems related to their business, the question arises whether there is enhanced compensation disclosure that could help address a pressing, generally acknowledged, societal issue: income inequality and stagnating economic mobility. While there may be little consensus that senior executive pay is too high, it is easier to find consensus on the lack of shared prosperity, and a ratio does little to capture the ethical implications of neglecting pay and other policy considerations on workers’ lives.
Read full article as published in Agenda.
Karen Brenner is Executive Director of Law and Business Initiatives and a Clinical Professor of Business.