"'This pay data is important to investors because it shines a light on the company pay ladder for all employees, not just the pay of top executives that is already disclosed under current rules,' AFL-CIO President Richard Trumka said ... 'The statistic has so much 'noise' that it's rendered meaningless, failing to take into account key differences between strategy, sectors and geographies, among other factors, all of which impact a company's pay ratio,' [said Irv Becker, national practice leader for the U.S. executive compensation practice at Hay Group]."

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