gingerjet: chimp_ninja: Sooner or later. the new market efficiency will be refusing to grant your CEO outlandish pay packages. I suspect there are plenty of competent people willing to work for "just $1M".Ah no. The simple fact is that competent CEO's are incredibly hard to come by and the good to excellent one's are constantly recruited to take over larger and larger organizations.
Triumph: Mistymtnhop: I was just fired from JCP on Friday, after 19 years of dedicated, loyal service to a company that I loved. My co-worker was a 33 year veteran, and she and I are simply casualties of Ron Johnson trying to save his own ass. I am so angry, I can't even begin to express it.My BS detector is pinging.
nocturnal001: Take a large company, if a great CEO can increase profits by just a few percent, then paying him a few extra million is pocket change.
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