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Pay Raise Transparency: Executive vs. Employee Compensation Disclosure

New rules require companies to disclose how executive compensation changes compared to other employees. This aims to increase transparency, allowing citizens to assess fairness in pay raises and how wages keep pace with inflation.
Key points
Companies must report the percentage increase in executive officer compensation.
Companies must report the percentage increase in compensation for all other employees.
The ratio of executive pay raises to employee pay raises will be disclosed.
Pay raises will be compared to inflation, showing the real purchasing power of earnings.
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Status:
Expired
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Additional Information
Greater Accountability in Pay Act of 2021
Print number: HR 1188
Sponsor: Rep. Velazquez, Nydia M. [D-NY-7]
Process start date: 2021-02-18
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch
Summary & Status

Key Questions about Pay Raise Transparency: Executive vs. Employee Compensation Disclosure

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is HR 1188.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-02-18.

What are the main provisions?

Key points include:

  • Companies must report the percentage increase in executive officer compensation.
  • Companies must report the percentage increase in compensation for all other employees.
  • The ratio of executive pay raises to employee pay raises will be disclosed.
  • Pay raises will be compared to inflation, showing the real purchasing power of earnings.

What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Velazquez, Nydia M. [D-NY-7].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 38.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

Analysis and Potential Impact of HR 1188

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

CATEGORIES

Labor Economy