Why CEO pay structures harm companies | Author Steven Clifford

Опубликовано: 10 Май 2017
на канале: Signature Views
5,370
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Steven Clifford (a former top CEO and author of THE CEO PAY MACHINE) looks at how CEO pay structures are harmful to companies and the country at large.

Read more about Steven's book here: http://bit.ly/2qsSnY5

About THE CEO PAY MACHINE

The former top CEO examines the scandalous and corrupt reasons behind obscene pay packages for corporate executives—and explains how this hurts all of us–and how we can stop it.

Today, the pay gap between chief executive officers of major U.S. firms and their workers is higher than ever before—depending on the method of calculation, CEOs get paid between 300 and 700 times more than the average worker. Such outsized pay is a relatively recent phenomenon, but despite all the outrage, few detractors truly understand the numerous factors that have contributed to the dizzying upward spiral in CEO compensation.

Steven Clifford, a former CEO who has also served on many corporate boards, has a name for these procedures and practices— “The CEO Pay Machine.” The CEO Pay Machine is Clifford’s thorough and shocking explanation of the ‘machine’–how it works, how its parts interact, and how every step pushes CEO pay to higher levels.


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