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Wednesday, 15th April 2009

AFL-CIO's 2009 Executive PayWatch Highlights 10 of the Worst CEO Pay Practices

AFL-CIO's 2009 Executive PayWatch Highlights 10 of the Worst CEO Pay Practices
Source: AFL-CIO

Retention bonuses. Golden coffins. Turbo-charged pension plans. Hefty severance packages. Lavish “executive physicals.” These are some of the outrageous CEO pay practices highlighted in the AFL-CIO’s 2009 Executive PayWatch website launched today at www.paywatch.org ( http://www.paywatch.org/ ). Despite the worst economic slump in decades, companies continue to heap millions of dollars in pay, bonuses and perquisites on CEO for poor performance, according to the latest data for 2008. The 2009 PayWatch site highlights 10 of these worst CEO pay practices through case studies and includes a comprehensive database of new CEO pay figures.

+ 2009 Executive PayWatch


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