Build your professional network on facebook via our app Go to app
 
<< Prev  15 of 20 in Topic  Next >>
Topic : Salary Structure
  Rate : 
Posted in Community :

Entrepreneurs: Success Stories

 

does ceo's deserve a huge salary package??

Created by : Jitena Kumar Rawat, Senior Consultant, GKC  | 09 30 2008 18:50:44 +0000
Industry : Management & Strategy ConsultingFunctional Area : Success Stories(Entrepreneurship)
Keywords : Employees CEO'S Salary Package Huge Deserve Business Head Heavy Salary
Activity:  723 views;  last activity : 07 06 2010 20:18:09 +0000
According to Business Week, the average CEO of a major corporation made 42 times the average hourly worker's pay in 1980. By 1990 that had almost doubled to 85 times. In 2000, the average CEO salary reached an unbelievable 531 times that of the average hourly worker.
  
Share
 
 
  Rate : 
 
 
Yes Vs No
3
 
 
 
 
0
2
1
Support   Support
 
0
0
In my opinion CEO's are to be paid more compensation , As is the case with athletes and other individuals whose talents are rare and much prized, the CEO's pay package is calculated with an eye on the competition. Companies pay millions of dollars to a valuable CEO, one who they judge will produce wealth for the shareholders, in part so he will not be hired away by a competitor.
By Dayanand Deshpande, Senior Consultant, Ernst & Young  | 09 30 2008 19:38:27 +0000
0
0

yes, I agree ceo is the key driver for any success of a Business unit, that does not mean that he takes the maximum pay 500 times of an average employee, I understand that he does have a lot of responsability to take the risk at the same time, company should defenitly need to reduce the  salary and  give more benefits like stock options  associated with it,

thanks


By Jitena Kumar Rawat, Senior Consultant, GKC  | 09 30 2008 18:50:44 +0000
0
0

In my opinion ,,ceo have to be paid  good salaries , the amount of risk, decesions made, for the good, ofcourse his  past achievments to be elgible to become ceo of a company,A ceo is a person who takes the compay from local to global within few months, all it depends on the decesions and strategic plans as the success rates are always  better suited the organisation to  meet the objective, he is not paid for his work, but his  ideas which he implements it in an organisaiton for the long run.
By Dayanand Deshpande, Senior Consultant, Ernst & Young  | 09 30 2008 18:58:58 +0000
Argue for "Yes"
Argue for "No"
 Found the debate "does ceo's deserve a huge salary package??"  interesting ?  Suggest to your connections and communities  
The Art of Placements
Looking for Management Consultant/Manager/Senior Manager, One of the top consulting firm, Mumbai
Executive Ad Sales, Media Company, Mumbai
Viewers also viewed
Film Stars vs Cricketers
 
324 referals 13 arguments, 1408 views
From time to time we would hear or even witness bosses shouting at their employees because of...
 
263 referals 69 arguments, 5213 views
more...  
 
Sponsored Jobs
More From Author
Hi.....guys i have been seeing many debates and Idea contests in the Automobile sector regarding only cars...and as a bike lover i would like to pose a question to you all... The thing is Bajaj Auto is saying the Future lies ahead in 100cc bikes,...
This topic will have mixed answers as some will say it as a gift and some will say it as a curb, because scientific implementation and technology has given results and its a proven fact, but at the same time too much of it is causing more problems...
I feel HR PRO is also a good option. It is a comprehensive Human Resource Management System Software that brings greater organization and effectiveness to the full range of Human Resource functions and responsibilities. HR PRO also provides for easy,...
more...  
  • Popular Knowledge
  •  
  •  
  • Popular Jobs
  •