Reply #11: Well I don't have a business degree... [View All]

[tkayj]

...so I stand slightly corrected. However, there are, I am sure, people who are moving up within any given company, who have developed the experience, etc. who could indeed, if given the chance, do the job, do it well, and at a lower salary expectation.

True, you have to have the motivation to strive for, and excel at, certain positions. A good example is The Presidency of the U.S. (CEO). With the number, and degree of, constant, high-level stresses upon you, from different directions, and all with differing objectives and perspectives, many simply would not want the job. Many would not be able to withstand the job. Point well taken that fewer are suited to be CEO than intellect alone would imply.

Unfortunately, the mantra of today's Corporate America's CEOs has been exposed as "Me first, 'corporate well-being' second". They have continued, en masse, to receive bonuses (from whomever makes that decision) even though the company is going down the drain. And who DOES make that decision, and based on WHAT information?

And what's so inhumane about a $multi-million salary and another $multi-million in bonuses? Poor Baby, required to do too much work for the salary? Then stop being such a greedy cow, and hire more people right under you to whom you can delegate some of the work!! Uh oh.... then you'd have to forgo some of your bonus to pay more salaries...

(Then again, maybe if you had more eyes, hands and feet on the ground your company wouldn't be on the brink of bankruptcy, the pension fund wouldn't be insolvent, and millions wouldn't be unemployed.......Oh who cares?!! You'll be a multimillionaire anyway.)