Page 43 - Executive Pay News Today

Paid its ceo almost $600,000 in 2013. but it had reportedly enrolled only about 1700 people at the end of last year. for context, kentuckys plan enrolled nearly 67,000. minutemen helps as that it used a third party market salary survey when setting compensation and cited the failed state exchange as reason for low enrollment. a trade group for the co-ops says executive pay is much less compared to other health insurance executives. talk about hard workers. some amtrak employees claim to have p...

Expanding since the 1980s. is it the fault of the administration that ceos have decided to pay themselves 300 times more than their average worker? can you lay that on a president? >> i think the criticism youre putting forward doesnt match what weve heard from most the financial community and wall street which is not that hes feeding inequality, this president, but rather hes putting on too many rules as it is to many what are watered down dodd frank s.e.c. rules about executive pay and not act...

Actually there are lives on the line, and they have had warning. listen to this from nick, hes a former mental health administrator officer in veterans affairs and he warned congress about it two years ago today. listen. >> like manyva -- va medical centers, the overall objective to meet our numbers, to meet your performance measures. the goal was to see as many veterans as possible but not necessarily provide them the treatment they needed. performance measures are well intended but they are li...

Actually there are lives on the line, and they have had warning. listen to this from nick, hes a former mental health administrator officer in veterans affairs and he warned congress about it two years ago today. listen. >> like manyva -- va medical centers, the overall objective to meet our numbers, to meet your performance measures. the goal was to see as many veterans as possible but not necessarily provide them the treatment they needed. performance measures are well intended but they are li...

That is the largest economy in europe and the 4th largest economy in the world. >> they say our problems have to do with stagnating education, income quality with executive pay being higher, low minimum wage and weaker unions in america. did you believe in that? >> france has a $13 minimum wage and youth unemployment is 24%. germany was doesnt have a minimum wage and their youth employment is 8%. states have sales taxes. but europes is ferocious going as high as 25%. it is apples and oranges. mi...

Done. were watching wall street for you this morning, waiting for earnings reports from several high profile tech companies, both apple and facebook set to an snouns their second you can see the market is down a bit about 18 points. both the dow and s&p by the way are nearing record levels again. when it comes to middle class paychecks, the u.s. is no longer number one. a new analyst by "the new york times" shows the united states has fallen from the top spot for middle class income. it now ...

Meanwhile, the former ceo of at&t says that executive pay in this country is, quote, a fraud, is born out of cronyism. interesting. >> very interesting. i mean, what is also important to realize, reverend al, is that these people have rigged the system for themselves. there used to be more of a social contract that said we all do better when we all do better. we made a decision to build the biggest middle class the world had ever known. and we did it by having ceos and having rich people take a ...

Shareholder meetings and came at a time when the u.s. treasury was restricting gms executive pay because gm got that massive $49.5 billion bailout, gretchen. back to you. >> yep, we all remember that. liz mcdonald, thanks so much. >> sure. well, the president of france set to arrive at andrews air force base for a state visit with president obama. the two leaders will be sharing some quality time together after sharing an op-ed in todays "washington post" outlining their common points of inter...

But the stubborn problem of long-term unemployment is only getting worse. long-term joblessness is up 213% because many have given up looking for work. the income inequality gap between the richest 1% and the rest of america is broad and its widening. the top 1% of u.s. earners collected nearly 20% of household income last year. executive pay is still staggering. the median pay package for the top 200 ceos at billion-dollar public companies was over $15 million last year. that was up 16% from 20...

It kills the drive. >> it is not something for nothing. >> thats true, but you will be bankrupt and you will have lazy people who dont have to strive for anything and it is a way to tank your country. if you want to do it, go ahead. >> you think it will tank the country? >> i thought we were giving swiss beats $2800. >> that joke is resonating in the hood. >> that is a joke only you could make on the show. >> i find that highly offensive. >> lets remember this is a petition. it got 100,000 signa...