Clearly, CEOs are not the only determinant of disengagement, but research indicates that leadership is a significant predictor of peoples engagement (both high and low). And Their Importance Is Growing with Time. Although CEOs have always mattered, their importance is on the rise. " Median compensation for private company CEOs was virtually flat with the prior year and did not keep up with the 2.
1 percent inflation rate in 2012, let alone the 5 percent average increase enjoyed by the CEOs of the largest public companies, " the study found. Therefore, the CEO recognizes that if he or she ignores the companys consumers or employees, the company will not make profit.
Reduction in the companys profit is one of the consequences of giving the CEO a high salary. Although no one would argue that this is a fact, it is not true. Overpaid professional athletes The topic I chose for my essay is overpaid professional athletes. I chose this topic because I think athletes are getting paid way too much money.
Athletes get paid way too much for what they contribute to society. Being a CEO is one of the most challenging jobs in the world according to study coauthor Wayne Cooper, and the fact that less than half of CEOs who run companies doing 5 million or more in revenue (and less than 20 of companies do that) earn less than 405, 000 shows that the vast majority of CEOs are not overpaid.
The topic of my report is the myth about American chief executives being overpaid. To start with, the idea that American bosses are obscenely overpaid dominates in the modern society. For instance, Among the true believers in this consideration are the NY times and Forbes who complain of fat paychecks awarded to CEOs who dont Unless the CEO is actually taking actions to thrive the company to success, they should not receive a large salary. The companies profit should be divided and contribute to the CEOs andor employees who are help, care and give a lot the company.
A CEO shoulders the large burden of having the majority of accountability when it comes to the success or failure of an organization, as one major decision can often take a large toll on a company whether it is good or bad (Payscale, 2015). But when does a CEO's salary become too little or too much.