Originally posted by boarmannot unless all the company employees benefit. I think the Japanese system is best, where the highest paid employee of a company can only make a certain percentage higher than the lowest paid worker.
should chief executive officers be paid these huge pay packages some which are at least 20 million dollars per year
As long as the opportunity exists for anyone to become the CEO of a large corporation it has to be fair.
The mistake of hiring a bad CEO could cost a company billions of dollars. The salaries paid to their CEO is the least of the shareholders' concerns. More impartant that they have the right person for the job, and often that means outbidding the competition.
On the other hand, maybe capitalism is just plain evil.
2 edits
Originally posted by Darth Spongehahahahaha, which comic did you read that in?
not unless all the company employees benefit. I think the Japanese system is best, where the highest paid employee of a company can only make a certain percentage higher than the lowest paid worker.
EDIT: In case you don't understand my sarcastic comment, I'll say it a bit clearer:
Do they bollox.