CEO Compensation

I too think it is ludicrous that the typical CEO is compensated at a level so out of proportion with all other workers. If you happen to know anyone that works in compensation, they will tell you that these salaries are absolutely necessary, or else you would not be able to hire the best candidates. The funny thing is that its not the money per se that really matters to the executives, it’s the power, image and ego-feeding that goes with having the “highest salary”. The real issue is shame on us all for letting this happen. Our belief and support of the “hero-leader” myth and our own desire for ever-growing returns of our mutual funds drive the exact situation we are bemoaning. If we want to see chance, we need to embody the change.

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