Hi, John: I agree with you on many points. It'...

2010-06-28T08:26:45.273-07:00

Hi, John:

I agree with you on many points. It's just that my perspective on exactly how and why to fill that gap is a bit different from traditional thinking. I will share more in a Part Deux of this post after the July 4th holiday.

Tracy

Hi, Tracy, Good post... and I disagree! Here'...

2010-06-23T19:09:27.719-07:00

Hi, Tracy,

Good post... and I disagree! Here's one point:

http://www.youtube.com/watch?v=u6XAPnuFjJc

... a very cool animation of what motivates people to excellence. And guess what? It turns out that for creative types of work, money is usually a demotivator!

And then there's the other point: that management consists of sociopaths: http://www.ribbonfarm.com/2009/10/07/the-gervais-principle-or-the-office-according-to-the-office/

So while I agree wholeheartedly with your assessment of Hayward, and while a salary approaching a million does not seem unreasonable for an executive, I don't for a second believe that CEOs are worth 100 times what their workers get paid, let alone the 200-500 times that many executives get: http://money.cnn.com/2007/08/28/news/economy/ceo_pay_workers/index.htm

I'd say anything above 50 times the salary of their lowest paid worker is sheer greed and exploitation.

Cheers,
John

Comments on Tracy A. Corley: BP's and other CEOs should be compensated in the m...

Hi, John: I agree with you on many points. It'...

Hi, Tracy, Good post... and I disagree! Here'...