Friday February 17, 2012

What do you think of the amount of compensation in the form of salary, bonuses and stock options paid to top execs of multinational corporations?

  • 0

    rjd_jr

    Outrageous. I cannot begin to understand why one rewards others who have done nothing but destroy jobs, lives, companies, and entire countries with insane salaries, bonuses and other compensation. Since when is it morally right to reward these people? Something is seriously wrong with the picture here, these execs not only get paid handsomely for their irresponsible decisions, but they laugh all the way to the bank for all the victims of their stupidity. No punishment, no accountability, no closure for those who have suffered.

  • 0

    yabits

    What do I think? The situation reminds me of why a male dog licks between its hind legs. (Answer: Because it can.)

    There ought to be a law limiting executive compensation to a set multiple of the salaries of the lowest-paid employees of the company. A multiple of 25 would mean that an executive wishing to compensate his/herself a total of $10 million, would need to be paying out $400k to the folks at the bottom of the chain.

  • 0

    bamboohat

    they earn every penny. If you don't like it, don't buy the products. If they are appointed by poltiicians, don't vote for those politicians. If they break any laws, yea, they should go to jail. But don't hate them because they make lots of money and you don't.

  • 0

    outofmydepth

    i think it is obscene, especially if their company is in trouble they should be beyond embarrassed.

  • 0

    butterfly1

    I agree to some of the posts above but to be honest... I'm envious!

  • 0

    ProfessorJ

    What do you think of the amount of compensation in the form of salary, bonuses and stock options paid to top execs of multinational corporations?

    Please.

  • 0

    neverknow2

    Obviously its too much. If it was reasonable, they question wouldnt be up here.

  • 0

    Razor

    That's the capitalist system, like it or not. If I were offered a top salary with perks, I'd take it. I think most of us would. When a company is going well, nobody complains. The shareholders are getting their dividends, so they are happy. But when a company goes under, then everyone complains. The Lehman Brothers CEO was squirming as suddenly we were hearing about his getaway home and art collection, but all of us have assets, possessions or hobbies which would look extravagant to those who were not making the amount of money we are.

  • 0

    borscht

    When a company does well because the CEO is an inspiring leader, they are compensated for it with what the market (for inspiring leaders) will bear. That's capitalism. What I don't agree with is the golden parachutes for lame CEOs that run the company into the ground and end up with multi-million dollar buyouts. If the company goes belly up on their watch, they should be cut loose with no compensation. Or give it to me.

  • 0

    sdmsec

    What's really obscene is that actors/actresses, musicians, athletes, and others get similar compensation for entertainment.

    Don't get me wrong. Entertainment is big business, and I believe in free markets. What I think is obscene is that we are willing to pay such outrageous prices for tickets. All for entertainment.

  • 0

    dammit

    I hate it - and most of the time they don't increase profits that much either, and now most of them are responsible for running their companies into the ground and still they get huge wads of cash! Despicable!

  • 0

    Nippon5

    Seems we allow it, I dont like the fact the some people earn that kind of money when they dont produce the results needed to make the company truely profittable. Maybe someday companies will understand that companies run well because the guy on the lowest end is happy and well paid, not the guy who is overpaid at the top...

  • 0

    slappayuki

    Frankly, I think we deserve the money and I don't think anyone is really in a position to criticize it unless you're in with the big boys.

  • 0

    KitsuneYoukai

    Since it is their guidance and business savy decisions that make or break a company I think it is okay. However, I think the compensations are what is outrageous. I don't think it is right that they get the excesses when there are ways that money can be managed to create more jobs (because many are short staffed) to illeviate the stress on their employees, for bonuses, and programs for employees. If a company fails and they get replaced, they in no way should receive anything at all. Just like when an employee is let go for failure and doesn't get a dime.

  • 0

    Triple888

    I never understood why they get "bonuses" in the first place. Okay, fair enough, if the executive did something brilliant the reward is justified. Simply executives get paid whatever happens. It's normal for them to get paid to step-down from their positions and even when the firm goes bust they also get paid - in six figure sums.

  • 0

    usaexpat

    I think the shareholders and directors should be outraged, especially if C level executives are drawing those kind of salaries when the company is faultering. I have no problem with pay for performance but agree that the actual cash pay should be no more than 25 times the average middle management salary. Bonuses should be paid in stock beyond that so that CEOs have a bigger stake in the health and survival of the company long term.

  • 0

    Helly

    I think that if their company goes bankrupt that the CEO should be help accountable and lose any compensation. They should be investigated by the police and put in jail if there is evidence of wrong doing. They should not walk away with millions while the people that relied on their leadership get evicted and starve.

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