Do you think we should have a maximum wage for publicly traded companies?
I believe there should be a maximum wage for publicly traded companies, one economist believes $10 million should be the maximum wage which to me is still high but better than the $557 million that the highest paid CEO gets as total yearly compensation. Another option that might work better for the free market fans would be to break down some of these companies regionally rather then have one company service the whole country or sometimes the whole world. That would help with lowering executive wages and also help with the too big to fail problem.
There are plenty of excellent reasons for not allowing companies to become "too big to fail" besides overpaid CEOs, but that's another rant.
I, personally, don't support the idea of a maximum wage because I think that companies should be able to offer what they think they need to offer in order to attract the best talent available to them.
Frequently, the CEOs making the most money are the ones running failing corporations. Seems unjustifiable at first, but shouldn't a CEO working 80 hours a week to turn around a hot mess make more than someone who can turn big profits without breaking a sweat?
Also, you have to consider that the bulk of CEO's earnings are usually bonuses based on performance and unrealized capital gains from stock options that come largely from the increased value that their leadership caused.
Even when companies are tanking and CEOs are taking home multi-million dollar bonuses, it may be the judgment of the board of directors that their CEO is still the right man for the job and big bonuses may be what it takes to keep him from seeking greener pastures. And it's worthwhile to ask whether the company's poor performance is really the CEO's fault. Did buggy-whip factories fail because of poor management?
Ultimately it is the board of directors who sets the salary for the CEO and other top executives, and they are elected by shareholders, which seems fair to me. The tragedy is that shareholders tend to look for short-term stock gains rather than long-term viability, and to that end, they get what they pay for.
by Mara Clemente 11 years ago
Is HubPages publicly traded?Yet to find out this detail about this company. Wouldn't it be awesome to be able to be part of the company's earnings as a stockholder?
by Ralph Deeds 12 years ago
Does the United States need a maximum wage as well as a minimum wage?In response to a huge increase in inequality of income and wealth a movement has begun in support of establishing a maximum wage. CEOs would be limited to a specified multiple of the company's worker pay. Barclay's bank CEO...
by Suganti Veerapandian 6 years ago
What Should We Look for Before Investing in a REIT?What are the factors and characteristics that investors should look into before investing in REITs and publicly traded real estate companies?
by rhamson 8 years ago
The CEO of Gravity, a credit card processing service, cuts his personal pay from a million dollars a year to give the minimum wage earners in his company $70,000 a year. The workers describe the raise as freedom, family starting and house buying ability. Could this be something to spark the economy...
by mikelong 12 years ago
http://www.foxnews.com/politics/2011/07 … k1%7C77674If businesses could play by the rules, perhaps they wouldn't need to be watched...
by thecollecktor 12 years ago
It is my intent to discover the formula for investing in penny stocks that goes beyond the hype currently being used. What criteria do you use?
Copyright © 2024 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2024 Maven Media Brands, LLC and respective owners.
As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.
For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy
Show DetailsNecessary | |
---|---|
HubPages Device ID | This is used to identify particular browsers or devices when the access the service, and is used for security reasons. |
Login | This is necessary to sign in to the HubPages Service. |
Google Recaptcha | This is used to prevent bots and spam. (Privacy Policy) |
Akismet | This is used to detect comment spam. (Privacy Policy) |
HubPages Google Analytics | This is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy) |
HubPages Traffic Pixel | This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. |
Amazon Web Services | This is a cloud services platform that we used to host our service. (Privacy Policy) |
Cloudflare | This is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy) |
Google Hosted Libraries | Javascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy) |
Features | |
---|---|
Google Custom Search | This is feature allows you to search the site. (Privacy Policy) |
Google Maps | Some articles have Google Maps embedded in them. (Privacy Policy) |
Google Charts | This is used to display charts and graphs on articles and the author center. (Privacy Policy) |
Google AdSense Host API | This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy) |
Google YouTube | Some articles have YouTube videos embedded in them. (Privacy Policy) |
Vimeo | Some articles have Vimeo videos embedded in them. (Privacy Policy) |
Paypal | This is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy) |
Facebook Login | You can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy) |
Maven | This supports the Maven widget and search functionality. (Privacy Policy) |
Marketing | |
---|---|
Google AdSense | This is an ad network. (Privacy Policy) |
Google DoubleClick | Google provides ad serving technology and runs an ad network. (Privacy Policy) |
Index Exchange | This is an ad network. (Privacy Policy) |
Sovrn | This is an ad network. (Privacy Policy) |
Facebook Ads | This is an ad network. (Privacy Policy) |
Amazon Unified Ad Marketplace | This is an ad network. (Privacy Policy) |
AppNexus | This is an ad network. (Privacy Policy) |
Openx | This is an ad network. (Privacy Policy) |
Rubicon Project | This is an ad network. (Privacy Policy) |
TripleLift | This is an ad network. (Privacy Policy) |
Say Media | We partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy) |
Remarketing Pixels | We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites. |
Conversion Tracking Pixels | We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service. |
Statistics | |
---|---|
Author Google Analytics | This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy) |
Comscore | ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy) |
Amazon Tracking Pixel | Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy) |
Clicksco | This is a data management platform studying reader behavior (Privacy Policy) |