In the News
Steven Friedman Explains Effects of Obama's Cap on Executive Salaries
"How Obama's Cap on Exec Salaries Could Cause as Many Problems as it Solves," The National Law Journal
This article features Steven Friedman of Littler's New York office, in which he provides detailed insight about the effects of Barack Obama's executive salary cap on companies. Friedman explains how this $500,000 cap has the ability to not only benefit the financial progress of companies, but also limit their capacities to hire highly qualified individuals for executive positions. "Organizations will question whether they will be able to recruit the right talent in the event that these restrictions stay in place for any period of time," said Friedman.
