Executive Compensation …..
What is wrong?
Like you I have been watching and listening to how much bonus money is, and has been, paid to the big bank executives and executives in general. And like you, I am getting more and more annoyed with their respective boards because clearly “big money bonuses” are incentivizing the wrong behaviour!
You do not have to look far to see that corruption is all around corporations. Corporate governance needs to take a step back and revisit this now. Sure it is a very complex structure – align pay with performance etc. but it should be capped – just my opinion but a worker-bee is a worker-bee and if you look back 15-20 years an executive compensation use to be 10-1 now it has gone to the ridiculous!
So let’s take step back to where real risk-reward lies and that is with the entrepreneur. The lady or gent who worked 7 days a week to make a dream come true and to ensure payroll was met and who was the last to be paid…. They deserve the wealth.
Cheers to the Entrepreneur!
