Maui Kaiser Permanente members Kaulana Kaa‘a, Rusty Helm, and Bryan Nakamoto help the ILWU organize new members in the health care industry. The Kaiser members are highly skilled medical diagnostic imaging technicians who do computerized tomography (CT), radiologic (X-ray), and mammography scanning.

Unit 4409 - Island Movers Ltd. are currently in contract talks with the employer. Negotiating committee members (l-r): Oahu Business Agent Michael Yamaguchi, Ricky Cabreros, James DeJesus, Unit Chair Timothy Luk, and Unit Secretary-Treasurer Eddie Sekigawa.

Kauai unions and ILWU Kauai Division members rallied along the highway to the airport in support of workers’ rights on April 4, 2011. Pictured are: retired Division Director Alfred Castillo (extreme left), Jon Garcia and Business Agent Pam Green holding banner, Kenny Nobriga, and IBEW member Richard Jose.

Barrett Hayashi, seated at right front with the Unit 4402 - Love’s Bakery negotiating committee, was named the Oahu Division’s OutstandingUnit Leader of 2010. Sitting (l-r) Lynden Koerte, Carey Oshiro, spokesperson Dave Mori, Hayashi. Standing (l-r) Anthony Corniel, Dennis Brock, MelvinTom, Judith Root, StephenCariaga,Danford Calica, Keahi Fleming, Vandalee Kauuwai, Boyd Isnec.

2010 average CEO pay at S&P companies

According to the Federal Reserve, U.S. corporations held a record $1.93 trillion in cash on their balance sheets in 2010. But they are not investing to expand their companies, grow the real economy or create good middle-class jobs. Corporate CEOs are literally hoarding their company’s cash—except when it comes to their own paychecks.

In 2010, Standard & Poor’s 500 Index company CEOs received, on average, $11.4 million in total compensation—a 23 percent increase in one year. Based on 299 companies’ most recent pay data for 2010, their combined total CEO pay of $3.4 billion could support 102,325 median workers’ jobs.

Fortunately, the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act contains new tools to help limit runaway CEO pay. Shareholders now have a “say-on-pay” vote on executive compensation, and companies must disclose the ratio of CEO-to-worker pay at each company.

Source: AFL-CIO analysis of pay data from 299 companies, provided by salary.com