A Quote by Warren Buffett
I don't like what's going on with the executive compensation.
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The great irony of executive compensation is, if you pay your employees more, you're gonna create more demand for your goods and services! Which is gonna lead to more executive compensation than if you pay your employees less and try to take all the cream off of the top.
Like it or not, at HP we are technologists, not executive compensation consultants.
Economic liberalisation has seen a big and often well-deserved spurt in executive compensation, especially for professional managers.
Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay. The upshot is that a mediocre-or-worse CEO - aided by his handpicked VP of human relations and a consultant from the ever-accommodating firm of Ratchet, Ratchet and Bingo - all too often receives gobs of money from an ill-designed compensation arrangement.
Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.
You see the natural progression of what happens when the executive gets power and then a new executive comes in. The new executive doesn't say, "Oh, man. The president has just got too much power. We're going to dial that back." No, they expand the power. It's like, "He didn't use it well, so I'm going to take more power and use it better because I'm a better guy and my values are better." Then you suddenly realize that the very people who were attacking Guantánamo prior to getting into office are now the people expanding an assassination program overseas.
Plutocrats were the chief beneficiaries of so-called neoliberalism and the suite of political changes it brought beginning in the late 1970s - deregulation, weaker protection for unions, the shareholder value movement, and the subsequent inflation of executive compensation.
As mayor in an executive position, I have to dress more like an executive, which has been delightful.
The thing about an executive order - there has never been an executive order that a Congress couldn't say, "You know, we don't like that so we're going to do something else," if there is a majority in Congress to do something else.
When you understand the law of divine compensation, you realize that in the presence of spiritual consciousness, there is more than enough compensation for any diminishment in materiality.
When I was getting my education, I fell in love with the writings of Peter Drucker. He was my hero. I had a naive belief that when I became a manager, it was going to be like Peter Drucker's books. That is, I was going to be the effective executive. I was going to talk to people about their goals. I was going to help them actualize.
We have new rules that give shareholders the ability to vote on executive compensation. We have new rules for asset-backed securities. We have new rules around credit rating agencies.
The President seems to extend executive privilege way out past the atmosphere. What he says is executive privilege is nothing but executive poppycock.
The inequality between CEO compensation and the compensation received by workers and stockholders has grown to such an extent that it endangers our economy and and our society.
The life of a woman is worth half of that of a man [in Iran]. If a terrorist attacks me and my brother on the street and we are both injured the same, the compensation he receives is twice as much as the compensation that I would receive.
TARP is funded by taxpayers, so there are many rules about how that money can and can't be used. The result: GM spends an awful lot of time checking in with the people who administer TARP over everything from hiring to executive compensation and management. For a global company, that adds up to a lot of distraction.
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