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Off Topic Discussion
The Prez caps exec pay at $500k
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<blockquote data-quote="Michael Cacioppo" data-source="post: 844316" data-attributes="member: 57235"><p>Salaries should should be capped but bonuses should be tied to profit over a period of time. For example say that a CEO has a bonus of .01% or so after corporate taxes on profit. This money would go into a 5 year rolling average plan. Each year the exec would get 1/5th of the value of the plan. Each year money would be put in OR taken out depending on profit or loss. If the company performs the exec makes out, if not he loses money too. When he leaves or retires he removes 1/5 of the remaining amount each year the company is in the BLACK. This way he can't sell assets to make a huge one year profit. Something on this line would work in my opinion.</p></blockquote><p></p>
[QUOTE="Michael Cacioppo, post: 844316, member: 57235"] Salaries should should be capped but bonuses should be tied to profit over a period of time. For example say that a CEO has a bonus of .01% or so after corporate taxes on profit. This money would go into a 5 year rolling average plan. Each year the exec would get 1/5th of the value of the plan. Each year money would be put in OR taken out depending on profit or loss. If the company performs the exec makes out, if not he loses money too. When he leaves or retires he removes 1/5 of the remaining amount each year the company is in the BLACK. This way he can't sell assets to make a huge one year profit. Something on this line would work in my opinion. [/QUOTE]
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Off Topic Discussion
The Prez caps exec pay at $500k
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