October 3, 2013
I see this as a a textbook example of how regulatory agencies so often take on the perspective of those whom theyre supposed to be regulating, as opposed to being an advocate for the public. Lobbying from the regulated industries drowns out other perspectives and leads the agency to think their point of view is the consensus. It ought not to require a rocket scientist to devise ONE reasonable methodology for determining a median employee compensation figure. Certainly no company should be allowed to exclude employees with extremely high or low compensation from their calculations.