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Showing blog posts tagged with Executive Paywatch

New PayWatch Spotlights CEO Pay, Fix the Debt Hypocrisy, Golden Nest Eggs and More

Mike Hall | Corporate Greed

www.paywatch.org

Did you know that the CEOs of the Campaign to Fix the Debt , the corporate front group that wants to cut Social Security and Medicare and lower corporate taxes, have parked more than $418 billion of untaxed corporate profits overseas? Overall it is estimated that U.S. corporations have as much as $1.9 trillion sheltered overseas. That would make a nice down payment on fixing the debt.

You can read about "Fix the Debt" and more in the 2013 edition of the  AFL-CIO’s Executive PayWatch  launched today. PayWatch not only shines a light on Fix the Debt hypocrisy, but it also explores the  huge wage gap between CEO pay and the average U.S. worker . PayWatch started in 1997. 

Visit  www.paywatch.org .

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People@Work See How America's Unions Make a Difference

Corporate Tax Dodgers Didn’t Miss a Beat in 2011

Mike Hall | Corporate Greed

We Are Michigan photo

A new report shows that most of the 30 Fortune 500 companies that paid no federal income tax from 2008 through 2010 were able to keep up their tax dodge two-step in 2011. Those nimble firms include Verizon, GE, Boeing, Wells Fargo, Tenet Health Care and more.

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Boeing Exec Says $3.7 Mil Not Enough

Mike Hall | Corporate Greed

Boeing Co . Executive Vice President and General Counsel Michael Luttig pulled in $3.7 million in compensation in 2009. That’s a whopping 34 percent increase from 2008—and it came during a major recession.

Meanwhile, as Sen. Tom Harkin (D-Iowa) pointed out during a hearing yesterday (see video) on the shrinking American middle class , Boeing’s workers have seen just a 3 percent increase in their average compensation over the past 20 years!

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2011 PayWatch: Average CEO Salary–$11.4 Million

Tula Connell | Corporate Greed

While 25 million unemployed and underemployed U.S. workers are drowning, CEO pay skyrocketed by 23 percent, for an average salary of $11.4 million in 2010, according to the AFL-CIO Executive PayWatch. Released today, data compiled at PayWatch also show CEOs have done little to create badly-needed jobs, instead sitting on a record $1.93 trillion in cash on their balance sheets.

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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 09:39:19
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 09:39:19
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 09:39:19
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 09:39:19
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 09:39:19
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
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eZTemplate: Loading template "content/datatype/view/eztext.tpl" with resource "design"
Timing: Oct 02 2013 09:39:19
End
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eZTemplate: Loading template "setup/debug_toolbar.tpl" with resource "design"

Timing points:

CheckpointElapsedRel. ElapsedMemoryRel. Memory
Script start 0.0000 sec0.0228 sec 1,284.6172 KB1,198.9531 KB
Module start 'content' 0.0228 sec0.8996 sec 2,483.5703 KB5,726.3828 KB
Module end 'content' 0.9224 sec4.1009 sec 8,209.9531 KB15,183.3906 KB
End 5.0233 sec  23,393.3438 KB 
Total runtime:5.0343 sec
Peak memory usage:25,144.8516 KB

Time accumulators:

 Accumulator Elapsed Percent Count Average
ini_load
Load cache0.0140 sec0.2779%340.0004 sec
Find INI Files0.0003 sec0.0063%60.0001 sec
Mysql Total
Mysqli_queries3.9347 sec77.9982%11260.0035 sec
Looping result0.0658 sec1.3039%11080.0001 sec
TS translator
TS init0.0030 sec0.0593%40.0007 sec
TS cache load0.0010 sec0.0201%40.0003 sec
TS context load0.0007 sec0.0134%40.0002 sec
Template Total4.9375 sec 97.9% 3 1.6458 sec
Template load0.0060 sec0.1184%30.0020 sec
Template processing4.9314 sec97.7554%31.6438 sec
Template load and register function0.0001 sec0.0026%10.0001 sec
states
state_id_array0.2381 sec4.7196%800.0030 sec
state_identifier_array0.2462 sec4.8808%860.0029 sec
override
Cache load0.0080 sec0.1585%1350.0001 sec
class_abstraction
Instantiating content class attribute0.0076 sec0.1516%410.0002 sec
Sytem overhead
Fetch class attribute can translate value0.0088 sec0.1743%170.0005 sec
Fetch class attribute name0.0448 sec0.8884%340.0013 sec
XML
Image XML parsing0.0165 sec0.3274%170.0010 sec
General
String conversion0.0000 sec0.0004%30.0000 sec
dbfile0.0066 sec0.1304%1010.0001 sec
Total script time:5.0446 sec