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Today's Teamster News 07.18.13

Bangladesh Government Allows Workers To Form Unions  ThinkProgress   ...Bangladesh’s government approved a labor law on Monday that would make it easier for workers to form unions. The legislation also included provisions that create a fund to improve workers’ living standards and require companies to deposit 5 percent of profits into employee welfare funds...

CEOs want to hide the wage gap between them and their workers

J.C. Penney's CEO earns 1,795 times more than the average employee for the retailer.

Abercrombie and Fitch pays its CEO 1,640 times more than the average worker.

At Simon Property Group, it is 1,594 times more.

These numbers are based on a Bloomberg News calculation that concludes CEOs on average take home 204 times more than their rank-and-file employees.

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