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Yes it is.
by pm24601 9y ago
Yes it is.
- kelnos 9y agoIs it actually realistic, or would you just like it to be? Executives obviously resist downward motion on their salaries, and collectively they have a decent amount of clout: there are enough companies with crazy inflated CxO salaries that if your board doesn't offer what the candidate pool wants, you don't fill that position. I would love to see CxO salaries drop across the board, but I don't see that happening any time soon. And regardless, as other sibling posts point out, firing the CEO and distributing the salary to the rank-and-file wouldn't improve their situation by all that much.