Executive Paycheck Curbs: Problem-Solving or Populism?

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Executive with grandiose delusions

Executive with grandiose delusions

There is no loyalty between corporations and employees at any level. Executive leadership believe that they are on a separate playing feild than "blue collar" workers and justify this thought process with inflated compensation packages. Employees recognize this division between the classes and resent the corporation because the executives are the representatives and faces of the company. The result is poor work ethics and decrease moral.

Executive compensation and share holders profit should fall short of the negative impact that it currently has on the companies workforce. Would limiting compensation packages improve employee moral, and in turn improve production and profit?

We will never know. Executives have disassociated themselves from reality and corporations have endorsed their grandiose delusions with unrealistic compensation packages.

Remember history, the pendulum only swings so far in an empire before the people recognize the unfair treatment and revolt.

D Detroit of MI @ Nov 11, 2009 22:55:35 PM

Ridiculous

I was right on about you. I read your H1B piece and knew you were in favor of bigger CEO pay. CEO pay is what 400% over the average worker at the same company? How can you say H1Bs aren't about cheap labor when the wage disparity has gapped tremendously?! What an idiot!

Common Sense of ME @ Oct 31, 2009 13:22:31 PM

Executive pay

Talented professionals in many fields requiring graduate degrees rarely make over $1 million per year. I am referring to physicians and lawyers. Those making that kind of money take personal risk with office and personnel expense as well as liability. These banking execs have none of these factors. It is amazing then that their pay has risen to the amazing numbers you see published.

In this "land of the free" the going rate for a service is what someone is willing to pay. Shareholdera and boards of directors have allowed these pay levels. It seems unamerican to have the government step in and cut pay directly. It would be "better" perhaps if they would think of some way to make it easier for shareholders to have more influence. I am fogetting that they are the shareholders...

Sara P of WI @ Oct 26, 2009 03:55:50 AM

Greed and Entitlement

The outrage over the pay is more about percentages or the dollar values, which are outrageous. It is about the greed and entitlement the upper sections of our entire financial industries feels they have over us. For myself, there is no way to see the last 20 years as a gigantic transfer of wealth from the middle and lower classes to the upper classes. It is that way in our fuel (look at a graph that shows gas prices when the Bush boys were in office), pay, insurance, health industry, pharmaceuticals, etc. I am not anti-capitalism, but this isn't capitalism. It is socialism for the wealthy; they make money whether or not they deserve it or not, whether they make money or not, whether they lead their companies well or not.

jody of OR @ Oct 25, 2009 15:11:35 PM

Outragous Pay

Well over 60 years ago when the SEC was created these provisions were included in the Law. They stimulated that companys that abuse the public trust by paying themselves outragously can be restrained by the Executive Branch. The MORONIC Bush Administration never even investigated any of these crooks. I dont care about there so called talent pool thats BS. What risk are they taking when the Govt will come rescue them.

kmg of VA @ Oct 25, 2009 07:34:55 AM

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Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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