Commonwealth Bank chief executive Matt Comyn’s total pay rose from almost $7 million to $10.4 million in the latest financial year, as he received bonus shares linked to the bank’s long-term performance.
#CEOpay climbed before #layoffs at tech giants like #Alphabet and #Microsoft, data shows
#ceopay #layoffs #alphabet #microsoft
“#Google Employees Livid Over CEO's $226 Million Payday
Employees come up with some mean memes in response to the top executive's compensation package.” As they should be! Especially after the #layoffs.
https://www.thestreet.com/technology/google-employees-livid-over-ceos-226-million-payday
#CEOPay #SundarPichai
#google #layoffs #ceopay #sundarpichai
The failure of #FirstRepublic is just the latest case where bank executives had every incentive to value short-term profits instead of risk management.
Current proposals to clawback CEO pay when a bank fails don't go far enough, according to three economists
https://theconversation.com/recent-banking-crises-are-rooted-in-a-system-that-rewards-excessive-risk-taking-as-first-republics-failure-shows-204255
#News #economics #banking #CEOPay
#firstrepublic #News #economics #banking #ceopay
Hmm. NO. Amazon’s Andy Jassy Needs a Raise — The Information #amazon #capitalism #ceopay https://www.theinformation.com/articles/amazons-andy-jassy-needs-a-raise
I think "meritocracy" is just another word colonizers use to justify exploitation.
#merit #taxtherich #injustice #economic #wealth #weathdistribution #ceopay #middleclass #work #earned #progressives #bernie
https://medium.com/afrosapiophile/everybody-who-has-more-than-me-claims-they-earned-it-8dd1465e562a
#merit #taxtherich #injustice #economic #wealth #weathdistribution #ceopay #middleclass #work #earned #progressives #bernie
@reuters somehow I don't think a cut down to $25 million per year really is "to size" 😒 it's still perverse and bizarre #CEOpay #maximumwage
Ars Technica: Apple CEO Tim Cook to take 40% pay cut this year https://arstechnica.com/?p=1909840 #Tech #arstechnica #IT #Technology #TimCook #CEOpay #apple #Tech
#Tech #arstechnica #it #technology #timcook #ceopay #apple
CEO Tim Cook will receive a pay cut in 2023 to $49 million in total compensation, the company said in a filing with the SEC.
Cook requested the change, Apple said in the filing, following a shareholder vote on his pay package. The company reduced the number of restricted stock units Cook would receive if he retires before 2026.
CEO pay smashed records in 2021, on track to continue as inflation remains high | CP24 https://bit.ly/3GdMJht #CEOpay #Inflation #CEOs #cdnpoli @cdnpoli
#ceopay #inflation #ceos #cdnpoli
By 9:43 a.m. this morning (Tuesday January 3rd) Canada's richest CEOs have already earned the average worker's entire annual salary.
Before most workers have had a morning coffee break, Canada’s Top 100 CEO’s have already pocketed $58,800, the average wage of Canadian workers.
The 100 best-paid CEO’s in Canada now make 243 times what the typical worker earns.
https://www.cbc.ca/news/business/canada-richest-ceo-average-salary-1.6701407
https://PolicyAlternatives.ca/publications/reports/breakfast-champions
#canlab #1u #CEO #CEOpay #cdnpoli #UnionStrong #inflation #recession #greed
#canlab #1u #ceo #ceopay #cdnpoli #unionstrong #inflation #recession #greed
https://www.cbc.ca/news/business/canada-richest-ceo-average-salary-1.6701407
Wanna know why I like unions? Because the richest CEOs in Canada make your annual wage by 9:43am everyday and have the gull to complain about organized labour being greedy.
Fuck the rich. We built the towers they live in, and constantly have to fight just to win mere bread crusts of an income.
Canadian CEO pay soars to a new all-time high!
Canada’s 100 highest-paid CEOs now make 243 times more than average workers, and broke every compensation record, according to a new report by the Canadian Centre for Policy Alternatives (#CCPA).
Canada’s Top 100 CEOs, who are overwhelmingly male, got paid an average of $14.3 million in 2021, smashing the previous record of $11.8 million in 2018 & setting a new all-time high.
#ccpa #canlab #1u #ceo #ceopay #cdnpoli #unionstrong
By today (Tuesday January 3rd) at 9:43am, the 100 highest-paid CEOs in Canada will have made as much money as the average Canadian worker makes in a full year — $58,800 — in the early hours of the year's first workday.
Canadian CEOs have been breaking every compensation record on the books.
Total income? Record-shattering.
Disparity between worker pay and CEO-pay? Historic.
“Breakfast of Champions” REPORT from #CCPA:
#ccpa #canlab #1u #ceo #ceopay #cdnpoli #unionstrong