(13min 23) Around the world executive pay has become a contentious issue this year. It’s difficult to accept a high CEO salary from a bank that’s being bailed out with public money. It’s even harder to see a sizeable bonus being given to the head of a company that hasn’t delivered returns for its shareholders. Worse still are excessive termination payments, many multiples of the annual salary.
So how does Australia compare to the rest of the world when it comes to CEO salaries? What impact do bonuses have on the behaviour of senior executives? What should be done to try and control payouts? These are some of the questions Phil Dobbie asks Michael Robinson, executive director of Guerdon Associates.
Add your thoughts on executive pay in the Talkback section at the end of this post.
See also: Are We Paying Our Bosses Too Much? | BTalk Australia