Oh they will get large deferred compensation amounts and stock options out the wazoo.....you know....to stay competitive with the corporate market pay range.....so they don't suffer a talent drain.......(can you tell I've heard that one before?)
“Oh they will get large deferred compensation amounts and stock options out the wazoo.....you know....to stay competitive with the corporate market pay range.....so they don’t suffer a talent drain.......(can you tell I’ve heard that one before?)”
But, the Indians work and study harder. In fact, many of the Indian schools are better than US schools. Guess what? The Indians study management too. I think it’s time to hire Indian execs at 1/4 of the rate of pay of American execs.
It is the responsible thing to do for the shareholders.
“Oh they will get large deferred compensation amounts and stock options out the wazoo.....you know....to stay competitive with the corporate market pay range.....so they don’t suffer a talent drain.......(can you tell I’ve heard that one before?)”
Yeah, I heard that one recently from the CEO of Best Buy, IIRC - or was it Circuit City? Said that it had taken him a long time to hire his crack team of executives and he wouldn’t want to lose them. This would be the crack team of executives who presided over several years of successively higher losses, with no end in sight.
North American business culture is horribly broken, and it will drag us all down with it yet.