12 Jul 2019
Friday Tidbit
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
We are pro-business but don’t understand.
How can any business justify paying one single employee US$129.4m for one year of work.
Something must be broken when by comparison an average income of US$75,000 per annum equates to only US$3m after 40 years of work.
The Board of Directors is responsible for this outcome.
The Board of Directors represent the shareholders that own and invest in the business (us) and it is they that approve the remuneration policy of the Chief Executive Officer.
Again, don’t understand.
Click for numbers.
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