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Old 12-05-2005, 16:01   #13 (permalink)
user@domain.invalid
 
Posts: n/a
Re: time for coherent action!

CEO salaries for what they really do make me sick and is hurting the
creativity in the US. I am really surprised that not very many CEO get
killed from upset employees. CEO's salary should be no more that ten
times the average of the working employees which is reality is still to
high but at least would cap it somewhat and would also increase at 10
times the rate of the working employees.







Brent P wrote:
> 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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