dectra

Why 'Say on Pay' Should Not Be Required of Companies

I couldn't disagree more. You clearly haven't run a business before. Labor cost are the biggest drain on any functioning company. To give huge salaries of 40 Million to anyone, and not get every single dime (and more) back in productivity is simply bad for any business.

And please spare us the line "gee, they earn it..." No one "EARNS" 40 million a year unless they've cured cancer.

Bottom line, as a shareholder I OWN part of the company. I damn well have a say in how they (working in my interest) spend the resources of a company. There job is to develop business and return capital to the owners/shareholders.