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Should there be legislation to increase compensation for CEOs who are women?

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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-21-07 09:31 PM
Original message
Poll question: Should there be legislation to increase compensation for CEOs who are women?
Spell check didn't recognize "CEOs" so perhaps it's worth mentioning that it is intended as an abbreviation for "Chief Executive Officers." The question is intended to refer in particular to chief executive officers of for-profit corporations.

Compensation includes salaries, stock options, etc.
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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-21-07 09:36 PM
Response to Original message
1. The only legislation that should be passed regarding CEO's
is something that would cap their salaries at a reasonable multiplier of their workers pay (like times ten, not the thousands that we now have).
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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-21-07 10:00 PM
Response to Reply #1
2. Are you suggesting that there is not necessarily a rights violation
Edited on Wed Nov-21-07 10:03 PM by Boojatta
occurring when calculations indicate that there is a variation in compensation levels that correlates with gender?

Perhaps there is a violation of rights, but you consider some violations of rights to be okay?

Would you say that all rights violations should be dealt with eventually, but that some low priority rights violations can be temporarily ignored while higher priority issues are addressed?
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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-21-07 10:17 PM
Response to Reply #2
3. Jeez why not ask if I've stopped beating my wife
I don't feel anyone of any gender with the brains, assertiveness and political skills needed to rise to the level of CEO needs any legislative assistance in determining their compensation. If they are smart enough to become a CEO they are perfectly capable of negotiating with their Board of Directors for a fair compensation. I'm not aware of studies indicating a variation in CEO salaries based on gender, but

There is however a great imbalance between entry level workers' pay and CEO salaries. If you want to phrase it in terms of gender many of these entry level employees are women and they are on the short end of a 1000 to 1 ratio between their pay and their CEO's salaries. To me this is a far greater "rights violation" than the comepnsation of female CEO's.
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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-24-07 03:30 PM
Response to Reply #3
5. "I'm not aware of studies indicating a variation in CEO salaries based on gender"
If the info at NOW's website is up-to-date and reliable, then either you are not aware of them because they haven't been conducted or it has already been confirmed that CEOs are paid less if they are women.

Women are paid less in every occupational classification for which sufficient information is available, according to the data analysis in over 300 job classifications provided by the U.S. Department of Labor Statistics.


Source:
http://www.now.org/issues/economic/factsheet.html
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cloudbase Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-21-07 10:17 PM
Response to Original message
4. At that level, the salaries and benefits are negotiated.
I doubt that any CEO, regardless of sex, would take the position without receiving a compensation package satisfactory to them.

No legislation is required.
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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-24-07 08:16 PM
Response to Reply #4
6. When there are strikes, is it unusual for unions who represent
Edited on Sat Nov-24-07 08:17 PM by Boojatta
striking workers to enter into negotiations that deal with, among other things, salaries and benefits? Consider, for example, unionized nurses who go on strike. Do they typically achieve pay equity after the strike ends and then gradually lose pay equity to inflation?

Am I misplacing emphasis when I focus on the word "negotiated" in your message?
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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-24-07 08:30 PM
Response to Reply #4
7. Apparently, in 2004, being CEO of Apple paid one dollar.
Perhaps the negotiated compensation package had less value than originally anticipated.
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TellTheTruth82 Donating Member (123 posts) Send PM | Profile | Ignore Mon Jul-28-08 06:52 AM
Response to Reply #4
11. absolutely correct
CEOs salaries/benefits/etc are negotiated. Any disparity between men and women exist for reasons of negotiation, not because of bias.
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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-26-08 09:40 AM
Response to Original message
8. Should pay equity legislation be restricted to employees within some specified income range?
What would you say if someone suggested that racial discrimination legislation should only protect people belonging to some specified ethnicities? For example, if Irish weren't protected, then businesses could legally post signs that say, "Help Wanted (No Irish)."
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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-26-08 06:20 PM
Response to Reply #8
10. Kick because I'm still wondering.
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-27-08 11:57 PM
Response to Original message
9. Male CEOs need to work
for the same amount that women CEOs are getting. Actually...less would be better. Make up for past overpayments.
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-29-08 09:34 PM
Response to Original message
12. I was looking at Want Ads
and saw that if you could lift 60 pounds, you make over $14/hour at Target. If 30 pounds, it's over $12/hour. And I was just thinking of what those who interact with customers make?

Then I started thinking about this new part time job I have and how I have to learn seven different computer systems, sell, solve problems, and be ever so nice to customers who call in....and this pays $11/hour.

WTF IS WRONG WITH THIS FUCKED UP CULTURE OF PATRIARCHY.

Is this the new way to keep women out of jobs....a weight lifting requirement? Over 60 pounds...don't they use forklifts or hand trucks for this???

shit.
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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-29-08 10:11 PM
Response to Reply #12
13. I don't see how lifting 60 pounds relates to CEO compensation levels...
Edited on Tue Jul-29-08 10:12 PM by Boojatta
Perhaps I'm mistaken, but I believe that ordinary women in good health are able, via a systematic program of training, to develop the capacity to lift 60 pounds. Also, perhaps I'm mistaken, but I believe that plenty of men would experience great difficulty and/or discomfort and/or potential injury if they tried to lift 60 pounds without having previously entered into some kind of formal or informal weight training program.

Anyway, did it occur to you that even though some men are able to lift 60 pounds without much difficulty, they might not enjoy it? If they have employment alternatives, then an employer might offer a wage premium to avoid the costs associated with a high turnover of employees.
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-30-08 03:48 PM
Response to Reply #13
14. CEO are 99% male.
Boojatta, obviously you have no understanding of testosterone. Nor do you have the understanding of patriarchy in which we live.

Why would a male who possibly doesn't have any great intellectual ability be paid over $3/hour more than a woman who must command seven different computer systems?

We are back to the 1950's....might as well bring back the two headings for employment: Male and Female.

If women had testosterone injections, eventually we could lift the 60 pounds...and grow a beard! Oh, and sing bass.

Why were forklifts and handtrucks invented anyway?

Having been a successful saleswoman in major kitchen appliances, I can no longer utilize my skills in that field because I'm not capable of putting a dishwasher into the flatbed of a pickup. I suppose you think that's fair?

If you can't figure it out, boojatta, Corporations want women back home....we make the male managers uncomfortable. We're too smart and uppity. Plus, they can't tell all of their dirty jokes.

The US is headed in REVERSE. No wonder so many are leaving the country.
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mrreowwr_kittty Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-06-08 06:00 PM
Response to Reply #12
15. They should get OSHA on their ass for that.
Employees shouldn't be lifting more than 30 lbs. if it's possible to use equipment to assist.
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MullenBank Donating Member (141 posts) Send PM | Profile | Ignore Thu Aug-28-08 10:08 PM
Response to Original message
16. No
No.
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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-30-08 05:15 PM
Response to Reply #16
17. Can you explain how you arrived at your "no" answer?
Edited on Sat Aug-30-08 05:16 PM by Boojatta
Welcome to DU, MullenBank!

:toast:
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