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Home > The Dialogue > What's Right for CEO Pay?
The Dialogue
Monday, April 10, 2006 9:21 AM
What's Right for CEO Pay?

How much money do they deserve?  How much is too much?  Sound off on salaries at the top.




6 comments

andrew bellak - 6/21/2006 1:26:09 AM
I suppose one reason I am so disgusted by these enormous sums of money that CEO's make is because I prefer to help the many and not the few as a means to create greater harmony in our society. This ever widening, Grand Canyon type chasm between CEO pay and the lowest compensated worker in the same company offends our sensibility and our sense of what is fair and right and just. Would I like to have at my discretion such vast sums with which to endow my family and then all my favorite causes? Of course. Am I jealous? Bitter? Self-righteous? We all come up with our moral compass somehow and make choices in our lives. Where is the gutsy CEO to direct some of their compensation to gutted benefit packages of the many? I suppose we are talking about redistribution of wealth to a certain degree and how this could fit into our current framework of democracy and capitalism. At a minimum can we make sure that EVERYTHING is taxed at the proper rate and eliminate loopholes so some of that money comes back to our government coffers for us to squander it on defense in Iraq?
Hank - 4/22/2006 10:55:17 PM
I live in an average to small city in upstate New York and the 2 local hospitals are always struggling. There are many reasons for this but it really amazes us to learn while employees get benefits hacked up, and experience no pay raises for years; the CEO's are making annual salaries well over $300,000.00 per year.
Kevin - 4/19/2006 3:43:08 PM
The surveys are out -- and CEO pay, that barometer of ego and excess, continues to soar. Chief executives from industries as varied as housing (KB Home), brokerage (Lehman), travel (Cendant) and banking (Capital One) all raked in more than $100 million in total pay last year. Each year, we seem to marvel at this, remarking about the greed, wondering "how much does somebody need" or "what the heck did he do for that???" And each year new proposals surface to shed new light on pay, but seemingly never curtail it. What do you think the solution is? Should there be a cap? A multiple of average worker salary (as Ben & Jerry's once had)? Or is the system just fine as it is?
Victor Whaley - 4/12/2006 3:30:19 PM
I want to scream "a pox on all their houses." Why is it that our leadership in this country - the politicians as well as the CEOS - feel they are entitled to take take take. Where is the accountability? Don't they realize how demotivating this piggish stuff is to the rest of the people in their organization?
BOb Allard - 4/12/2006 1:24:10 PM
I have no problem with people making lots of money, but the issue with CEO's of PUBLIC companies is that these companies are owned by lots of small shareholders, not the CEO. The CEO is an employee, and should be treated as such by an independent board whose job it is to hire, fire and manage the management. Somehow we've lost track of this simple process, to the point where we're discussing "excess" instead of "abuse" and "negligence".
Kelly - 4/10/2006 3:24:13 PM
The problem with our current model of CEO pay is that pay is tied to one measure: stock-market performance. The shares go up, CEOs get paid hugely. (Of course, the shares go down, they get paid semi-hugely -- not of lot of risk there). But stock price is only one measure of whether a company is doing well, isn't it? Are they treating employees right? Are they dealing with suppliers properly? Are they polluters just barely sidestepping the law or really being role models for their communities. Shouldn't those things all be factored in???

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