A Living Wage: The Latest ESG Challenge for Corporate Governance

By Michael W. Peregrine on May 7, 2021

Posted In Employee Benefits, Employment, Executive Compensation

Long considered controversial from economic and shareholder perspectives, living wage concepts are receiving more attention in the context of economic policy, social responsibility and ESG investing. As progressive perspectives concerning income equality, and executive and employee compensation, are becoming more mainstream, corporate leaders should prepare for greater engagement in this important conversation.

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Tags: Biden administration, corporate financial goals, economic policy, employment, ESG Investing, executive and employee compensation, human capital, income equality, income equality initiatives, justified wage, living wage, minimum wage, Retirement, SEC, social responsibility, subsistence wage

Michael W. Peregrine
Michael W. Peregrine represents corporations, their boards of directors, and individual directors and officers in connection with the full range of governance, fiduciary duty, director liability and leadership issues. Much of Michael’s practice involves advising boards of directors on matters of sensitivity and controversy, often in connection with corporate and fiduciary crises. He is recognized as one of the leading national corporate governance counselors and is a respected interpreter of the law of fiduciary duties.Read Michael W. Peregrine's full bio.

A Living Wage: The Latest ESG Challenge for Corporate Governance

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