but did anyone else see the article in Monday's Australian's business section titled 'Bob now bats for other team on CEO pay pitch'? It quotes the former Westpac CEO, Bob Joss, who makes some very interesting observations about executive remuneration and what he views now to be the flawed logic which sets the high sums in many packages. To me it also provokes interesting comparisons with the logic used by managers toward employees (why pay more if they're not leaving?) as distinct from the smoke-and-mirrors for themselves.
I'd post a link if I knew how...