Topic: | Are any Executives / CEO's worth £4.96 million | |
Posted by: | Loraine Pemberton | |
Date/Time: | 17/08/15 18:33:00 |
Apparently that's the 'average' salary for leaders in the City. The average salary for lesser mortals is just over £27k pax. Can anyone be worth £4.96 million? The argument for justifying these massive salaries appears to be if these 'Captains of Industry' don't get these massive salaries they will go to companies who will pay that kind of money. In the 80's a friend of mine, a CEO of a Lehmann's company, left because his bonus that year was only £500,000 - as it turned out he made the the right decision, but for the wrong reason imo...... |