The composition of executive pay has undergone significant change over the last 50 years, with stock options and awards now representing a bulk of executive pay at many companies. Analysis from the Economic Policy Institute, a liberal-leaning think tank, shows that stock awards have risen to about 50% of all CEO compensation.
CNBC
April 1, 2022
“The great reshuffling continues in February as workers quit their jobs in search of better opportunities,” said Elise Gould, a senior economist with the left-leaning Economic Policy Institute. For now, hiring continues to outpace quits in every major industry.
Fortune
April 1, 2022
“The hires and quits rates have been moving in the same general direction for months. They both ticked up slightly in February. Workers continue to quit and get hired at fast rates in today’s economy,” said Elise Gould, senior economist at the Economic Policy Institute, in a Tuesday analysis.
The Hill
April 1, 2022
During the first year of the pandemic, CEO pay jumped 19% — even as many of their businesses ground to a halt, according to the Economic Policy Institute, a left-leaning think tank.
CNN Business
April 1, 2022
The Economic Policy Institute has also found that “consumers obtain relief regarding their claims in only 9 percent of disputes. On the other hand, when companies make claims or counterclaims, arbitrators grant them relief 93 percent of the time—meaning they order the consumer to pay.”
The Regulatory Review
April 1, 2022
New York is not a right-to-work state, and Amazon is attempting to use that to its advantage. The company is telling workers it could fire them should they unionize but fail to pay union dues. But that requirement is not an across-the board mandate for non-right-to-work states and is something that is negotiated during union contracts, said Jennifer Sherer, senior state policy coordinator at the left-leaning Economic Policy Institute.
Associated Press
April 1, 2022
And even where younger women have reached parity, it doesn’t last. “The gender wage gap grows as workers age,” said Elise Gould, senior economist at the Economic Policy Institute.
Marketplace
April 1, 2022
As the Economic Policy Institute (EPI) points out, nearly a third of state and local government workers are paid less than $20 an hour, and more than 15% of them are paid less than $15 an hour. These low wages impact workers who were considered “essential” during the pandemic and include child care workers and home care providers, workers in cleaning and maintenance occupations, office and administrative support workers, teaching assistants and more.
AFSCME
April 1, 2022
“This is the one tax that may be salient enough for corporations to change their pricing behavior,” said Josh Bivens, an economist at the Economic Policy Institute, a left-leaning think tank. “If you had excess profits tax, firms would say, ‘I could raise prices a ton, but those profits will be taxed away, so I’ll just keep prices low.’ ”
The Washington Post
April 1, 2022
“There are some people who are doing OK through all of this. I’m doing OK — I don’t need a tax break on my groceries,” Josh Bivens, director of research at the Economic Policy Institute, tells Axios. “That’s money that can be better directed to people who are suffering.
Axios
April 1, 2022