Obama must curb excessive pay packages

It is incredible that in the US many CEOs and top management are earning 400 times what their average employee is pulling in. This compares with the European/UK average of 20-25 times and it is just wrong from every point of view. Only 30 years ago the US was also on the 25:1 ratio but it has now gone mad.

Read on –
Al B

http://www.ft.com/cms/s/0/463f35f8-60e8-11de-aa12-00144feabdc0.html

 

 

This entry was posted on Thursday, June 25th, 2009 at 7:45 AM and filed under Americas (incl. Carribean), Articles, Economics. Follow comments here with the RSS 2.0 feed. Skip to the end and leave a response. Trackbacks are closed.

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