Do you think that this is fair or fair business?
2006-10-27 10:47:30 · 5 answers · asked by ? 2 in Business & Finance ➔ Corporations
this debate can go in circles. i believe that executives should be compensated on profitability and governed by an effective board of directors.
if the company is losing money and is forced to layoff workers, executive compensation should be hurt as well. if the company is profitable, everyone gets to keep their jobs and executives will make larger amounts of money.
the key is to have the board of directors very active in the decisions of the executive team. a good internal audit committee will also be necessary.
2006-10-27 11:01:40 · answer #1 · answered by loveholio 5 · 0⤊ 0⤋
Doesn't that kind of defeat the purpose? Aren't companies trying to save moeny when the do large layoffs? I don't think it's fair.
2006-10-27 17:55:27 · answer #2 · answered by missyhardt 4 · 0⤊ 0⤋
It is outrageous. There should be a law against it but the current Administration favors the rich. Vote Dem. in Nov.
2006-10-27 17:57:09 · answer #3 · answered by notyou311 7 · 0⤊ 0⤋
Make their pay dependant on keeping the numbers in a workforce.
2006-10-27 17:50:00 · answer #4 · answered by ? 5 · 0⤊ 0⤋
i think its pretty stupid i think that if everyone gets layed off then all the big heads of the company should to
2006-10-27 17:54:54 · answer #5 · answered by Anonymous · 0⤊ 0⤋