View Poll Results: What should be the annual cap?

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  • $100K or less

    1 1.79%
  • $200K

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  • $500K

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  • That's none of our business.

    49 87.50%
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Thread: Corporate Earnings

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    Corporate Earnings

    What's the maximum salary America's business executives should be allowed to receive?

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    Re: Corporate Earnings

    Quote Originally Posted by Dooble View Post
    What's the maximum salary America's business executives should be allowed to receive?
    as much as their employers want to pay them.

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    Re: Corporate Earnings

    as much as they're worth. for any execuives who let their companies go bankrupt, that's -the sum total of their assets.

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    Re: Corporate Earnings

    A maximum defined percentage of the net earnings. No income limit though.

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    Re: Corporate Earnings

    All good answers. Thanks for the input so far.

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    Re: Corporate Earnings

    Quote Originally Posted by Dooble View Post
    What's the maximum salary America's business executives should be allowed to receive?
    I think they should get a certain amount of stock in the company, which the company will then buy back from them in cash at current value.

    That way however they perform for the company is an indication in how they will get paid.
    Also, we need to legalize recreational drugs and prostitution.

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    Re: Corporate Earnings

    Quote Originally Posted by samsmart View Post
    I think they should get a certain amount of stock in the company, which the company will then buy back from them in cash at current value.

    That way however they perform for the company is an indication in how they will get paid.
    That's actually how a lot of the big dogs do it. There has to be a taxable income, typically the base salary is somewhere between 100-200k plus stock options. Where the CEOs have gotten a sweet deal is the backend of the contract with guaranteed severence, that's something I'd like to see ended, if they are fired or forced to resign they should have the same exit as any other employee.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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    Re: Corporate Earnings

    Quote Originally Posted by Thrilla View Post
    as much as their employers want to pay them.
    without getting fired by the board of directors who represent the shareholders

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    Re: Corporate Earnings

    Quote Originally Posted by Dooble View Post
    What's the maximum salary America's business executives should be allowed to receive?
    this is not something that should be under any control except that of the shareholders

    for tax purposes the congress/IRS should opt to cap the amount that can be deducted as a business expense, thereby subjecting the "surplus" to taxation

    however, enlightened management/ownership often will impose limits
    for example, when ben & jerry's was first launched, the highest paid employee could not receive compensation valued at more than seven times the lowest earning employee
    obviously, if management wanted to draw a larger income, they had to make sure the lower wage employees did the same
    [that changed with the new ownership after ben & jerry divested]
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Corporate Earnings

    Hearing this reminds of corporate fraud like Enron, Tyco, Nortel, and WorldCom/MCI, just to name a few. But we shouldn't take that into consideration since it's ok for them to make all the money they want.
    Scientific fact: If you took all of the veins from your body and laid them end to end, you would die.

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