California Grocery Chain Says Hero Pay Is Forcing Them To Close Stores
CNN’s Kyung Lah takes a closer look at grocery store chains in California that say they have to close after being forced to give “hero pay” wages to employees.
CNN’s Kyung Lah takes a closer look at grocery store chains in California that say they have to close after being forced to give “hero pay” wages to employees.
Kaycee Lai spent years in Silicon Valley trying to avoid calling attention to his ethnic identity. Early in his career, if he left work to get bubble tea, a Taiwanese drink, he’d tell his white colleagues he was getting coffee. When co-workers made comments about his race—such as suggesting that, as an Asian male, he…
The U.S. Securities and Exchange Commission (SEC) has long required public corporations to disclose the compensation of their top officers. The debate about whether chief executive officers are paid too much has gone on for decades. Many investors object to high CEO pay, which often runs into the tens of millions of dollars. Boards of…
The U.S. Securities and Exchange Commission has long required public corporations to disclose the compensation of their top officers. The debate about whether chief executive officers are paid too much has gone on for decades. Many investors object to high CEO pay, which often runs into the tens of millions of dollars. Boards of directors…
The U.S. Securities and Exchange Commission has long required that public companies post the annual compensation of their top executives in their proxies. In 2015, the SEC ruled that public corporations had to show how much their CEOs made in relationship with the median salary of their firm’s workers. The rule went into effect in…
S&P 1500 Employee Turnover Rate Disclosures After Regulation S-K Amendment Implementation
After the financial crisis, regulators put rules in place for large banks and financial institutions to create a board committee dedicated solely to enterprise risk, rather than continuing to fold this function into the audit committee. Now, in the midst of a new kind of crisis, boards across industries are considering risk oversight duties, and…
ESG IN PROXIES
Incremental Progress Toward Gender Parity CompanyIQ® ESG data indicates that the gender balance on corporate boards is continuing to improve. Thirty-nine percent of incoming directors were women, while 61 percent of incoming directors were In light of the gender break- down of departing directors—86 percent were men and 14 percent were women—this has made the…
If corporate life is a pyramid, for Black Americans, it is one with the steepest of peaks. Out of the chief executives running America’s top 500 companies, just 1%, or four, are Black. The numbers aren’t much better on the rungs of the ladder leading to that role. Among all U.S. companies with 100 or…