[quote=pri_dk]So what is a better way to determine a CEO’s salary?
Who should decide?[/quote]
IMHO, the majority of the profits should be reinvested in the company, and the remaining portion should be divided among the employees, management, and shareholders. As is stands right now, the managers (and the board) are the ones deciding who gets what. I think the employees should have a greater say in what happens to profits and how everyone should be compensated.
That’s really what unions are all about, IMHO. Someone needs to be sitting on the other side of the table. If there is nobody there to oppose what management is doing, they can unilaterally decide to enrich themselves at the expense of everyone else (and the boards of most companies are a joke — it’s a total circle jerk).
