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One suspects the corporate hostility to seeing pay ratios in the public domain is very simple: boards wish everybody would shut up about executive pay.
Bonded Logic, seeing pay dirt on the cutting room floor, separates the fibers in jeans makers' trimmings and fuses them to create sheets of soft batting, called UltraTouch, that are six inches thick and as heat-conserving as fiberglass.
Some point out that because AT&T and Time Warner both operate declining businesses (wireless companies are seeing growth stagnate, while media companies are seeing pay TV subscriber numbers fall), combining them will bring growth.
On the contrary, while those without jobs are without much hope at the moment, those with jobs may actually be seeing pay increases:For the first time since perhaps the Great Depression, it seemed possible that average hourly pay would actually begin falling, even before inflation was taken into account.
I did get started but most job postings I'm seeing pay less than I make…but not all jobs and certainly not all salaries are posted.
Even when they can get a job in their chosen field, there is a lot of concern about keeping those jobs and seeing pay raises in the near future.
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See Pay Guidelines for more detail.
Some will also see pay increases frozen.
Still, G.M.'s chief executive, Dan Akerson, has said he'd like to see pay restrictions eased.
He had had accused the British Medical Association of scaremongering over claims the contracts could see pay cuts.
Companies see pay as their main tool for recruiting, motivating and retaining good people.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com