Re:On eve of bankruptcy, US firms shower executives with bon...
by sokoloff on Saturday July 18, 2020 @08:04AM
(#23880822)
If you are a shareholder in a failing company and looking to hire a turnaround CEO, do you want them to be bleeding the company dry in high salary every month or do you want them taking a modest cash salary each month and have their economic incentive be to drive the turnaround of the equity in the company, so they get paid for saving your investment not for putting in the months?
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Re:On eve of bankruptcy, US firms shower executives with bon...
by fredophile on Saturday July 18, 2020 @01:03PM
(#23882820)
I'd prefer to pay the higher salary instead of a low one followed by paying out a big bonus if they fail.