I guess the 'fiduciaries' who look after the interests of the real owners are sleeping at the watch when it comes to executive compensation. PRO GOVERNANCE suggests for a long time that 'incentive' packages should not be handed out on a discriminatory basis, i.e. only to a few people at the top of the organisation. While basic salary can be set at any level (only AFTER the shareholders have had a say, with decision being binding) all perks (bonus, share options, incentive schemes, pensions, health insurance, perks) should be given to all staff members (relative to the basic compensation).
A few years ago, I shared observations as I was heading out on parental
leaves for my son and my daughter. Now, I’m gearing up for a different
reason – tho...
1 day ago