Woot! Woot! Switzerland!
Way to put down the kids that cried too hard for their cake and didn't want to give to their own. Wait. What's that you say? If the CEO's worked hard then they should be able to have influence on their salaries? We'll I'm pretty sure that the workers are working just as hard and they don't get any breaks, they put in their hours to produce goods which the CEOs reap more than their fair share of the profit from. I mean I agree that they as the decision makers should make more money, but not by ridiculous proportions. Also what kind of leader would this CEO be if they thought themselves so highly above their subordinates that they can't bear to attach their incentives for higher productivity and output than to that of their workers?
Go Switzerland!
I like what you say about a true leader not acting in greedy manors. It would be ideal if corporate executives acknowledge that the workers of their company deserve a piece of the action and didn't take outrages bonuses and such. However, I think some more basic restructuring of the tax system should be considered before resorting to such an extreme solution.
ReplyDeleteI agree that the income disparity between executives and workers is out of control, but I'm not sure that a board should determine CEO's wages. This is a tough situation, but perhaps it should have been left alone.
ReplyDeleteI think you are right, Jose. It's fairly easy to justify this just in terms of the type of merit pay arguments deployed against other workers like teachers: providing a way to tie pay to performance more directly arguably could have could outcomes.
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