Site Map Icon
RSS Feed icon
 
 
 

Today in Labor History

DEC. 13, 1924
Samuel Gompers died at the age of 74. Gompers served as president of the American Federation of Labor from 1886 to 1894 and from 1895 to his death. What does labor want? Gompers said, “We want more schoolhouses and less jails; more books and less arsenals; more learning and less vice; more constant work and less crime; more leisure and less greed; more justice and less revenge; in fact more of the opportunities to cultivate our better natures, to make manhood more noble, womanhood more beautiful and childhood more happy and bright.”
Voices of Labor

Member Login
Username:

Password:


Not registered yet?
Click Here to sign-up

Forgot Your Login?
  Member Resources  
     
New Bill Cracks Down on Sky-High CEO Pay
Posted On: Nov 14, 2019
Nov. 14, 2019 | ORGANIZING | The Teamsters for years have been at the forefront of pushing back on excessive CEO pay. Now the union is glad to see some on Capitol Hill agree. Lawmakers yesterday rolled out the Tax Excessive CEO Pay Act, which would impose tax rate increases on companies with CEO-to-median-worker pay rates greater than 50-to-1. Penalties would begin with a 0.5 percent corporate rate tax increase for those at the lower end, rising to a five percent increase for companies with a ratio greater than 500-to-1. The tax is expected to raise $150 billion over 10 years. Several Teamster employers have been guilty of such pay disparity, including XPO Logistics, where CEO Bradley Jacobs’ pay exceed workers 361:1; Republic Services Group, where CEO Donald Slager’s pay is 183 times higher than the average worker; and UNFI, whose CEO Steven Spinner earns 96 times the company’s median worker… Teamster.org
 
 
Teamsters Local 992
Copyright © 2019, All Rights Reserved.
Powered By UnionActive™
Visit Unions-America.com!

Top of Page image