Still these folks spew BS!
Continue reading I should have thought of that!
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Tag Archives: bonus
Pay for NON-Performance
Remember what I said yesterday? That these 19 leaders had their own agenda- and not necessarily the one we the stockholders and citizens of the US- want or need for our investments and for the strength of our national economy?
Continue reading Pay for NON-Performance
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Monsanto?
Remember when those computer companies used to ship out their brand new products to the stores- without having secured the sales? Or, claimed to have a product (hardware or software) to enter the market in days to kill competitor entries? (IBM did this to Osborne and Control Data; Microsoft was adjudicated in a court case headed by Stanley Sporkin [who also dealt with the Home Intensive Care/Health and Human Services (HHS) spat a few years later.) Or, the auto companies who delivered vehicles to their dealers- even though no one had ordered them
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CEO Compensation and Corporate Performance
I have already discussed the issues with inflated CEO compensation. One primary cause driving compensation upward is that many firms employ a technique that insures that he (it is typically a he) gets salary increases regardless of the performance at the firm. I have also discussed the problem that executives are paid ridiculous multiples (not 10 to 50, but 250 to 500 times) of the average pay at their firms.
Continue reading CEO Compensation and Corporate Performance
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