You Are Browsing ' CEO pay cap ' Tag

By lucas@endneoliberalism On 12 Nov, 2013 At 02:09 PM | Categorized As Progressive Politics | With 0 Comments

On November 24 the Swiss people will vote on Initiative 1:12 to limit CEO pay to only 12 times that of the lowest paid employee, Business Insider reports. This move has executives worried and corporations such as Nestle, Novartis, and Bobst sent letters to their employees to impose that Initiative 1:12 is bad for business. [...]