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If an executive has a solid plan for long-term benefit that will require three or four excruciatingly bad years to achieve, should the executive be compensated
by FroshKiller 10y ago
If an executive has a solid plan for long-term benefit that will require three or four excruciatingly bad years to achieve, should the executive be compensated poorly in the lean years for sticking with the company to achieve the long-term goal? Because you're talking about a recipe for optimizing short-term gains at the expense of the company's prospects, and I doubt the work force of most companies would be very happy to have their futures handled that way.
- overcast 10y agoWhat exactly are you considering being compensated "poorly". ONLY a million instead of tens of millions? If an exec is confident enough to think they can turn a business around in four years, then they shouldn't get the massive payouts until they do so. She hasn't done so. Why do execs still get huge bonus/stock allocations for an under performing company? http://www.independent.co.uk/news/world/americas/highest-paid-ceos-worst-performing-companies-research-a7156486.html http://www.independent.co.uk/news/world/americas/highest-pai...