The Train Has Left The Station
Why is it good for a CEO to have a contract, incentive pay, profit sharing or stock options, retention bonuses, and a retirement package but too expensive when it comes to workers.
1) Too many CEOS only have to respond to boards of directors that they got appointed to the board.
2) A lot of board members get paid to show up for meetings, don't do much, and rubber stamp whatever the CEO wants. It's not a bad job, it's a plum.
3) How many CEOS ever get fired for screwing up?
4) Ask the Board of Directors who often serve on several boards how many times they have voted to fire a CEO.
1) Too many CEOS only have to respond to boards of directors that they got appointed to the board.
2) A lot of board members get paid to show up for meetings, don't do much, and rubber stamp whatever the CEO wants. It's not a bad job, it's a plum.
3) How many CEOS ever get fired for screwing up?
4) Ask the Board of Directors who often serve on several boards how many times they have voted to fire a CEO.
Comments
Post a Comment