Chicken Change?
© Copyright Frank D. Kanu 2000-2008
The German company Siemens will increase the salaries of their board members: “The board members haven’t seen an increase for three years and we didn’t even increase as much as other companies.” One excuse I heard why manager incomes well above the $200 million a year do not really matter is that it is “chicken change” compared to the amount of money the stockholders are receiving…
At the same time employees are asked to go without raises, work more, etc.—all because the company isn’t doing to well in a rather slow economics.
The outcry about the management takers mentality is huge.
Technorati (All Links are external): amount of money bad timing board members chicken change deserve what they get economics even increase excuse german company siemens horribly incomes management takers mentality managers are horribly overpaid mentality outcry salaries siemens stockholders time employees business leadership management
The German company Siemens will increase the salaries of their board members: “The board members haven’t seen an increase for three years and we didn’t even increase as much as other companies.” One excuse I heard why manager incomes well above the $200 million a year do not really matter is that it is “chicken change” compared to the amount of money the stockholders are receiving…
At the same time employees are asked to go without raises, work more, etc.—all because the company isn’t doing to well in a rather slow economics.
The outcry about the management takers mentality is huge.
Do you think managers are horribly overpaid? Or do they deserve what they get? Or was it just bad timing?
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amount of money bad timing board members chicken change deserve what they get economics even increase excuse german company siemens horribly incomes management takers mentality managers are horribly overpaid mentality outcry salaries siemens stockholders time employeesTechnorati (All Links are external): amount of money bad timing board members chicken change deserve what they get economics even increase excuse german company siemens horribly incomes management takers mentality managers are horribly overpaid mentality outcry salaries siemens stockholders time employees business leadership management
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