The latest CEO pay outrages

The good folks at are out with the latest edition of Too Much Online and it includes a wellspring of damning new stats and findings about runaway CEO pay and the gaps between the super-rich and everyone else. The latest issue also feature a new and disturbing infographic on CEO compensation. Scroll down to see the most amazing stat on the comparative growth rates of the pay received by CEO’s and average workers.

CEO swagger

One Comment

  1. Bruce Clarke

    July 6, 2015 at 4:16 pm

    Len Jernigan is an experienced and well-respected workers’ compensation lawyer. I read his commentary, “Toothless”, criticizing the General Assembly’s work on a bill to address misclassification of workers as independent contractors.

    Our non-profit organization helps 1,100 NC employers (mostly small to medium sized) to understand and comply with the thousands of laws and rules affecting their workplaces. By and large, we are serving employers that want to make reasonable compliance efforts even where the rules are unclear or conflicting. Rarely do we see an employer consciously misclassifying an “employee” as an “independent contractor” to avoid tax or any other obligation.

    Does it happen? Of course, especially in a couple of industries. For most employers in most industries, current laws already prevent the flagrant violations, and the various agencies have not consistently stepped up to that enforcement plate.

    No statutory or common-law test yields clear results except at the extremes.
    Rather than attempt to redefine the undefinable (there is a legitimate grey zone between employee and independent), let’s hold agencies accountable to their failures to enforce the extremes. The grey-zone employer that would suffer second-guessing and shutdown orders from a new Commission is not the right target. Unfortunately, well-intended legislation gets used that way.

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