1. The Fix for Misleading ‘CEO Pay Ratios’

    The Fix for Misleading ‘CEO Pay Ratios’

    In the coming weeks, many public companies in the U.S. will disclose for the first time their “pay ratios”—the CEO’s compensation divided by the median employee’s. The requirement to provide this ratio was included in the Dodd-Frank Act of 2010. But comparing the figures among different companies—and particularly different industries—will hardly be a straightforward task...

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