Doesn't the call from GM's CEO to relax executive pay caps prove it is not...

Matthew D

New member
...performance pay? Defenders of high executive compensation have argued that their pay is based on performance for 'producing' despite the fact that huge bonuses take place without new revenue streams and even in companies that are going in the drink.
Now as GM has openly stated that high compensation is about 'retention' and not as a reward for performance does the tremendous gap in compensation seem justified.
 
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