Watch the segment.Individual investors who consider corporate pay practices to be excessive may feel helpless about the rising pay gap. But they shouldn’t, Minow said. “Just about everybody has a 401k plan, mutual funds, some kind of pension plan,” she said. “Is your pension plan approving all of these pay plans? If so, you can do something about it — you can tell them not to, you can switch your 401k to a different outfit.” In the meantime, Minow said, “The best message the CEO can give employees is ‘We are in this together. I do well when you do well.'”
CEOs of public U.S. firms earn 320 times as much as workers. Even some CEOS say the gap is too big.
ValueEdge Advisors 