FabSwingers.com forum: The Co-Op

By (user no longer on site) OP
over a year ago

So the CEO who has just been awarded a £3.6m pay package in what has been described as the worst year in its history wants to resign as he feels demoralised. So given the mess the company is in should he get his award and should customers and members be happy he is there, or should he go and get someone in to do the job for a lower package?

I'll do it for less than half what he was getting paid!

By *udistnorthantsMan
over a year ago

Desborough

He should do the decent thing and ask for a bottle of whiskey and the Mess Webley

By (user no longer on site)
over a year ago

"So the CEO who has just been awarded a £3.6m pay package in what has been described as the worst year in its history wants to resign as he feels demoralised. So given the mess the company is in should he get his award and should customers and members be happy he is there, or should he go and get someone in to do the job for a lower package?

Personally I think all CEO should give back whatever there awarded, and if your looking for company's in a mess just look at the banks

I'll do it for less than half what he was getting paid!

By (user no longer on site) OP
over a year ago

Personally I think all CEO should give back whatever there awarded, and if your looking for company's in a mess just look at the banks

I'll do it for less than half what he was getting paid!

He didn't cause the mess, he was brought in to clear it up so one argument is that the best talent is needed to manage through the rebuilding. However, surely he should only get paid once he has delivered, rather than on what he has promised. And should that go for all bonuses??