Quote:
Originally Posted by gtahvit
unfair and uncalled for.
This is purely pandering to our useless politicians. Which is infuriating. You tell me when the last politician offered to pass on their salary because approval ratings were through the floor.
What a load of crap.
The CEO's do it to look good of thier own accord, that's fine. For politicians to be arrogant enough to expect it is testament to how out of touch they are. I wonder if any of them chartered a plane recently.....
|
/off topic
Not to bring politics into but just as an example.. Janet Napalitano (Arizona gov, just announced as chair of homeland security) refused any pay raises and only makes something like 60-70k a year, and has since she took office (don't remember how long but something like 10 years).
/off topic
Beside that point.. I have always believed a CEO's salary should mirror the companies bottom line(net profit) for after all they are responsible for the entire company.
stockholders and management of companies have been looking for the wrong things in CEO's for decades now.. they aren't looking for profits like they should be, they are looking at growth (assuming growth = profits, which is untrue). The whole point of a business is to make money.. NOT to outgrow your market which WAY to many businesses have done.