Old 01-03-2009 | 01:46 PM
  #17  
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DAL4EVER
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From: 88B - Loud Pipes Save Lives
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Originally Posted by ClipperJet
Why stop this at the CEOs?

Under this logic, the Captain is in charge of the airplane, so why doesn't do the "honorable" thing and make no more than the jr FA on the plane?

Wait? Those with more reponsibilty are, and ought to be, better compensated. A CEO has more overall responsibilty than a CA. If a poor performing CEO should make less money than shouldn't a poorly peforming Captain make less money too?
This is also a fundamental difference in western/eastern philosophies. The leaders whether they be military or corporate feel a huge sense of responsibility for the performance of their organizations. That's why military leaders would take their life after a battle loss due to the overwhelming shame of suffering a loss. Taking millions while the rest of your employees are taking cuts is not fathomable to them.

We lost our pensions, took 50% paycuts, while the executives who made these decisions insulated themselves with bankrupt proof golden parachutes. It's hard to tell your troops with conviction to storm a hill while you eat filet mignon from a mansion far from the battlefield.

I have no problem compensating leaders for solid performance. But blind compensation simply because you are an executive is stupid.
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