Netflix, Adobe, and Google Rated Among Top Places to Work [View article]
Well then, let's make sure the worst-places-to-work CEO's get ZERO Bonus' as long as they are in that grouping, and maybe should also be considered candidates for replacement with no exiting parachute, in addition to actual PAYCUTS until then.
AND MORE IMPORTANTLY, let's make sure that all the other CEO's get only their pay, no bonus', because they are doing their job - and that's what they get paid for. And that pay should be no more than 20x the LOWEST PAID WORKER ON THE PAYROLL FOR THE WHOLE CORPORATION - maybe $200-300,000/yr, tops.
NO MAN IS WORTH A LIFETIME INCOME IN ONE YEAR (especially when they are only managing some public entitiy with stockholders and have many layers of management below them from which many qualified folks several layers down who are capable and eager to run the company would do so with a 20% raise from where they are.)
Addemdum to Myth Buster 101: you don't have to pay lots to get the best. Much proof available. Look around!
Netflix, Adobe, and Google Rated Among Top Places to Work [View article]
AND MORE IMPORTANTLY, let's make sure that all the other CEO's get only their pay, no bonus', because they are doing their job - and that's what they get paid for. And that pay should be no more than 20x the LOWEST PAID WORKER ON THE PAYROLL FOR THE WHOLE CORPORATION - maybe $200-300,000/yr, tops.
NO MAN IS WORTH A LIFETIME INCOME IN ONE YEAR (especially when they are only managing some public entitiy with stockholders and have many layers of management below them from which many qualified folks several layers down who are capable and eager to run the company would do so with a 20% raise from where they are.)
Addemdum to Myth Buster 101: you don't have to pay lots to get the best. Much proof available. Look around!