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Re: time for coherent action!
In article <U5Ikf.170861$tD4.44489@tornado.ohiordc.rr.com>, fclaugus wrote:
> CEO compensation is only outrageous when executives are rewarded for poor
> performance.
Which is most of the time.
> If they make their company billions, why shouldn't they receive
> their cut ?
Shouldn't an engineer who does the same get his?
I saved an major US corporation I worked for aproximately $12,000,000.
What was my cut? 0. Zero. I would have gotten my salary and bonus by just
leaving the crap design I inherited in place and making it work, without
creatly a vastly less expensive and more reliable one.
Such a performance arguement makes best sense if it's used across the
board. If people just get their salary / wage and some convouted bonus
based on company wide performance, that's all the CEO should get. If the
CEO gets paid for specific actions that effect the bottom line in a
commission type basis, so should everyone else.
If you really believe in the performance arguement I should have had a
least 1% of what I saved the company. I am sure the CEO got more than 1%.
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