The best way to propose a salary is to be aware of all the industry standards. This is the main service that Executive Paywatch offers. This service evaluates the among of money CEOs earn, compared to the compensation that other workers receive within the organization. Statistics from their findings have revealed that in 2018 there is a significant imbalance between what CEOs are paid and other workers. The ration of S&P 500 company CEO-to-worker pay ratio was 287 to 1.
The statistics from the Executive Paywatch are generated from the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO). This is a democratic and voluntary federation that represents 55 national and international labor unions. Within these unions, there are at least 12.5 workers.
The date that Executive Paywatch generates is utilized to ensure that those who are working receive fair treatment and decent paychecks. Furthermore, it also explores equal opportunities in the workplace. Executive Paywatch shares critical information on income inequality as well as the state of American jobs regarding outsourcing. Workers can use this information, such as company pay ratio data, to better negotiate for their workplace rights.
Although there are inequality gaps in executive pay and that of regular workers, having the right information is the ideal way to work on the issue.
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