union salaries revisited

Doug Henwood dhenwood at panix.com
Mon Mar 6 14:52:32 PST 2000


Nathan Newman wrote:


>Which highlights the fact that salary differentials are understating general
>inequality, since stock options are a major source of income for upper-end
>workers. Anyone out there calculating wage differentials incorporating
>stock options?

Which measures you talking about? Census Bureau measures, or the stuff in the biz mags or on the AFL-CIO's Paywatch? For Census stats, there are too few bigmoney CEOs to make much of a macro difference; for the bizmags/Paywatch, they include options (though how to value them is controversial).

Doug



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