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If ass covering is easy like that, what’s actually the argument for insane leadership comps?
by manmal 1y ago
If ass covering is easy like that, what’s actually the argument for insane leadership comps?
- pembrook 1y agoThere is no argument for it if the company is a legacy juggernaut with basically zero new product development (which is most of the Fortune 500). Leadership comp is a total grift and has ballooned in recent decades (in the US exclusively) since the 1980s due to the shift to stock-based comp. Fun story, a lot of analysts didn’t even count stock based comp as part of the cost structure of a company until oddly recently.