At the Scott Wickham Experience, Scott rails about the injustice of a CEO receiving mega-million pay while other employees struggle and fail to have health benefits.
When a CEO performs dramatically well, I can understand the Big Bucks. After all, some companies would not have survived without a particular CEO: think Chrysler and Lee Iaccoco. And if a guy playing baseball gets over $21 million a year, perhaps similar bucks for the top guy in the office isn't nuts.
Way too often, however, not only does the CEO fail to perform admirably - he in fact stinks. Think Franklin Raines and Fannie Mae.
Help lose nearly $9 billion.
Get "fired."
Walk away with a golden-parachute package of $26 million plus a monthly pension of $116,300.
And fully paid health and dental insurance — for life.
You and I are on the same page here, Scott. In my mind, the only issue is how should this sort of flagrant inequity be ended.
(By the way - now that the election is over, Scott has stopped posting at Blacks for Bush and has returned to the Scott Wickham Experience. Please make the appropriate changes in your bookmarks.)
Comments