SUBSIM Radio Room Forums - View Single Post - Citigroup to Cut 11,000 Jobs and Take $1 Billion Charge

Platapus · 12-05-12, 07:15 PM

I think that CEOs and other ultra high executives should get a salary of $1.00 per year and a fixed small percentage of the profit of the company. Linking the pay of the management with the profitability of the company would be a good start.

Of course then all the CEO has to do is fire a bunch of minions to make the numbers look good.

But in any case, CEOs should not be rewarded for running companies in the ground.

12-05-12, 07:15 PM	#10
Platapus Fleet Admiral Join Date: Oct 2006 Posts: 19,379 Downloads: 63 Uploads: 0	I think that CEOs and other ultra high executives should get a salary of $1.00 per year and a fixed small percentage of the profit of the company. Linking the pay of the management with the profitability of the company would be a good start. Of course then all the CEO has to do is fire a bunch of minions to make the numbers look good. But in any case, CEOs should not be rewarded for running companies in the ground. __________________ abusus non tollit usum - A right should NOT be withheld from people on the basis that some tend to abuse that right.