Saturday, March 19, 2005
CEO Compensation in America
They squawk about increase in the minimum hourly wage!
Captains of Piracy, Nicholas D. Kristof's column in The NY Times 3/19/05 will make you gasp. The numbers are staggering and bear no relation to performance.
"A study for The Wall Street Journal by Mercer Human Resource Consulting found that at 100 major U.S. corporations, bonuses for C.E.O.'s last year rose more than 46 percent, to a median of $1.14 million. Both the amount and the percentage increase were the highest since comparable studies began five years ago."
The full article is accessible at:
NY Times-Piracy
Captains of Piracy, Nicholas D. Kristof's column in The NY Times 3/19/05 will make you gasp. The numbers are staggering and bear no relation to performance.
"A study for The Wall Street Journal by Mercer Human Resource Consulting found that at 100 major U.S. corporations, bonuses for C.E.O.'s last year rose more than 46 percent, to a median of $1.14 million. Both the amount and the percentage increase were the highest since comparable studies began five years ago."
The full article is accessible at:
NY Times-Piracy
