This week, the Center joined with 16 other organizations in sending a letter to the SEC asking the agency to reverse its controversial decision to revoke no action relief granted to Whole Foods Markets
Rep. Bill Huizenga (R-MI) along with 16 Republican co-sponsors reintroduced the Burdensome Data Collection Relief Act, H.R. 414 which would repeal the Dodd-Frank pay ratio.
AFL-CIO President Richard Trumka penned a New York Times Dealbook piece titled "Investors Should Know Pay Gap Between C.E.O.s and Workers," but his arguments consisted of a rehash of off-point academic articles and dubious assertions, with nothing to support his conclusion that there is broad investor interest in the data.
The 2013 proxy season saw more companies receive higher shareholder support for their say on pay proposals. For S&P 500 companies, the average shareholder support for say on pay was nearly 91%.