Dive Brief:
- Some faculty members and students at a public college in Maryland want to cap the salary of the highest-paid employee at 10 times that of the lowest-paid worker.
- The people behind the proposal at St. Mary's College gathered testimonials from the school's lowest-paid employees, who revealed that they had to rely on public assistance.
- For the plan to take effect, the faculty senate would need to pass it along to the board of trustees, which would have to approve it.
Dive Insight:
The people behind the campaign say the pay ratio at St. Mary's stands at 1:13. That's a far cry from the 500 largest U.S. companies, where the average pay ratio is an incredible 1:354.
