Originally Posted by
C441
Your yearly bonus this year equals one hour of the CEO's bonus last year…..and I don't mean credited hour!
When the Chicago school of economics and Milton Friedman decreed that 'executive remuneration' ought be linked to share market performance, executives wept.
With endless tweaks to financial statements and an increasingly lax regulatory enforcement regime there was only way way it would go.
CEOs now earn 78 times more than Australian workers - ABC News (Australian Broadcasting Corporation)
AVERAGE CEO compensation in the USA is 271 AVERAGE worker earnings.
As companies have come under a bit of scrutiny on executive salary, they now mask it with overly complicated executive remuneration models, so that the 'total compensation' with lots of options lagging from other years is increasingly difficult to calculate. An increasing focus on LTIP plans which by their nature are opaque, ensures that for a real decline in Total Revenue in the years of his tenure, little Napoleon has exceeded nearly every airline CEO in realised compensation.