toldailytopic: Are corporate CEO's paid to much? If so, what's your solution?

[Ktoyou]

I thought the olive oil business runs pretty smoothly.

Didn’t they go into the Casino business?:Grizzly::idunno:

 

[Lighthouse]

Yes they are. Excuse me while I go find a job as a CEO...

 

[Cracked]

No "real" Christian ever has.

Sure - lots of real Christians have, just no Christlike ones.

Its not the accumulation of wealth that is a problem, its the reluctance to do with it as God has asked you to that is the problem. Think about it for a moment - if everyone was a servant, if everyone sought the kingdom first, if everyone decided that trust and dependency on God was of primary importance to the exclusion of all other masters, would we have a problem with have and have-nots? Would we ever worry if someone was "paid too much"?

So to answer the question directly - no, they are not paid too much.

 

[Persephone66]

It's their corporation, they set their pay at what ever they want it, who are any of us to tell them not to.

What are ya? Communists?

 

[GeneCosta]

I would give a CEO a certain base salary and any additional bonuses would be tied to company performance. The base salary would be dependent on the annual revenues of the specific company.

That methodology sounds fine in theory, but pragmatically companies need effective leadership who can handle occasional bumps and bruises. If the economy falters but the organization manages a weak profit, that probably demonstrates efficiency more than riding the currents of a boom.

I think corporate CEOs are overpaid, but it's an issue structurally tied in with collusion between government and corporations. The current centralized corporate model has been subsidized and assisted along with legal protections.

 

[Nick M]

I think TB has a pretty good pay scale, by making salaries proportional to the revenues of the company.

CEOs making tons of money and bonuses.

That is what the bonus is. Usually paid in stock options. One is a way to hide money from the excessive income taxes, the other is they don't get paid if the values don't go up. When Michael Eisner sold a bunch of Disney shares as CEO, he made over $200 million in one transaction. He did it after Clinton was elected knowing what Bubba would do.

The company goes under, yet the CEO gets a "golden parachute" and can just go retire on an island somewhere.

Can you provide an example of running the company into the ground? Like moving manufacturing to China to cut labor costs. Just a few examples would be good. I can offer examples of the government running those businessess into the ground.

 

[bybee]

Agreed!

Agreed!

Sure - lots of real Christians have, just no Christlike ones.

Its not the accumulation of wealth that is a problem, its the reluctance to do with it as God has asked you to that is the problem. Think about it for a moment - if everyone was a servant, if everyone sought the kingdom first, if everyone decided that trust and dependency on God was of primary importance to the exclusion of all other masters, would we have a problem with have and have-nots? Would we ever worry if someone was "paid too much"?

So to answer the question directly - no, they are not paid too much.

Good points! bybee