Design Con 2015
Breaking News
Slideshow

Check Out the CEO's Paycheck

12/25/2013 00:00 AM EST
88 comments
NO RATINGS
< Previous Page 2 / 10 Next >
View Comments: Oldest First | Newest First | Threaded View
<<   <   Page 9 / 9
Reverse Engineer
User Rank
Freelancer
Re: Greedy CEOs
Reverse Engineer   2/17/2014 8:48:06 PM
Finally, some business academics are seeing how this is damaging the economy:

http://www.forbes.com/sites/stevedenning/2012/02/22/hbr-blows-the-lid-off-c-suite-over-compensation/

Particularly interesing is how excessive share based compensation is undermining good corporate governance, generating bubbles, and contributing to the inequality that hampers our economy.

Susan Rambo
User Rank
Blogger
Re: Greedy CEOs
Susan Rambo   2/17/2014 9:14:10 PM
NO RATINGS
Thanks. I love the quote at the beginning of the article:

It is difficult to get a man to understand something when his salary depends on not understanding it.

Upton Sinclair

Reverse Engineer
User Rank
Freelancer
Re: it is not about fairness
Reverse Engineer   2/17/2014 9:24:54 PM
Absurd CEO compensation via stock to "align" management interests with supposed shareholder interests got a huge boost from the equally lame concept of "maximizing shareholder value", which is also finally getting some overdue scrutiny:

http://www.forbes.com/sites/stevedenning/2013/07/22/how-modern-economics-is-built-on-the-worlds-dumbest-idea/

JanineLove
User Rank
Blogger
Re: The overpaid CEO
JanineLove   3/19/2014 1:50:26 PM
NO RATINGS
>>there are very few CEOs that wants to make less money...and if you have characetristics like this in you that probably disqualifies you as CEO ;-)<<

I agree with that. Some of the smartest, efficient people I know who always had the good of the company in mind never made it past middle management. It's similar to politics, I think, the people you really want in office will never run.

selinz
User Rank
Manager
1:12?
selinz   3/24/2014 2:02:57 PM
NO RATINGS
I'm curious what determined the 1:12. If you assume that $10wage represents the lowest wage, then ~$120/HR or roughly $240K/year would be th cap. I assume this does not include bonuses? Interesting thought but I'm sure there would be many CEO's who wouldn't like it.

anon9303122
User Rank
Freelancer
Re: The overpaid CEO
anon9303122   4/16/2014 11:29:19 AM
You mean the same kinds of rules and regulations that are tanking many of the EU economies (Germany excepted)?

RB3200
User Rank
Freelancer
Re: The overpaid CEO
RB3200   4/16/2014 11:29:43 AM
A quick calculation with the provided numbers appears to indicate that the average (or is it minimum?) wage in Switzerland is about 3x what it is in the USA.

So significantly raising the average (and minimum) wage in the USA seems like a necessary first step to reign in the huge and often obscene differences in this country.

anon9303122
User Rank
Freelancer
Re: Reaganomics
anon9303122   4/16/2014 11:31:25 AM
To quote a beloved liberal, "A rising tide raises all boats."

<<   <   Page 9 / 9
Flash Poll
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Times on Twitter
EE Times Twitter Feed
Top Comments of the Week