Commandeer incredibly high salaries-compensation packages

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Business executives, particularly in the United States, commandeer incredibly high salaries and compensation packages. The numbers are approaching and surpassing the $100 million mark, that is a base salary and doesn't include many other perks and bonuses. In some cases, these executives are receiving this compensation even when the company is performing poorly. A number of arguments explain the rise in compensation packages, including market forces and competition for the few talented executives. Where should the line be drawn? Should there even be a line?

If you were offered an outrageous compensation package to join a company that is laying off employees, declaring bankruptcy, and/or performing poorly overall, would you accept the position?

Reference no: EM132211945

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