A Sensitive CEO Wants Props for His Sensitivity

Sam Pizzigati

Sam Pizzigati Editor, Too Much online magazine

Jim Murren, the CEO of gaming giant MGM Resorts International, is feeling more than a little peeved. Last month he blasted the investor community for not recognizing his company’s efforts to promote women into management. Investors, Murren charged, “talk about wanting companies with a good conscience, but they’re really looking for companies that are going to make them a lot of money.” Workers at MGM, meanwhile, are still waiting for Murren to flash a “good conscience” toward them. MGM has just announced a new $2 billion share buyback program, on top of a recently completed $1 billion buyback. All those billions will mean a hefty stock-based pay hike for the 56-year-old Murren, who already makes 396 times more than the median MGM worker. Unions representing MGM’s 24,000 workers in Las Vegas joined last month with workers at other local casinos and voted to authorize a strike when their current contract expires the end of this month.

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Sam Pizzigati edits Too Much, the online weekly on excess and inequality. He is an associate fellow at the Institute for Policy Studies in Washington, D.C. Last year, he played an active role on the team that generated The Nation magazine special issue on extreme inequality. That issue recently won the 2009 Hillman Prize for magazine journalism. Pizzigati’s latest book, Greed and Good: Understanding and Overcoming the Inequality that Limits Our Lives (Apex Press, 2004), won an “outstanding title” of the year ranking from the American Library Association’s Choice book review journal.

Posted In: Union Matters

Union Matters

Labor Wins

From the AFL-CIO

On Tuesday, the labor movement drove historic wins for pro-worker candidates like Governor-Elect Andy Beshear in Kentucky and new legislative majorities in Virginia. Not only did union members come out to vote in droves, 270 union member candidates were elected to public office last night and counting. This adds to the total of more than 900 union members elected up and down the ballot in last year’s midterms, a product of the Union Member Candidate Program launched by the AFL-CIO just two years ago. The share of union members who won in the 2018 midterms is two-thirds. The program will continue through 2020 and beyond, electing even more union members to public office. 

“Our efforts recruiting, training and supporting labor candidates have led to the passage of pro-worker legislation from coast to coast and everywhere in between,” AFL-CIO President Richard Trumka said.

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There is Dignity in All Work

There is Dignity in All Work