May 18, 2012
I urge you to promptly issue a rule requiring Unions CEO's to disclose their ratio of CEO-to-worker compensation, as required by Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. .
Academic studies show that large pay disparities within a union hurt employee teamwork, productivity, loyalty and motivation. The impact of high levels of Union officials pay on employee morale is particularly important in today’s weak economy, when workers are being asked to do more for less.
Sincerely,
Bill Romero