Helio,
I'm afraid that the situation in the UK is exactly the same, from Football
Managers all the way up to senior government officials. It's just as if they
employer wants to "get rid" of the liability by actually buying their way
out of it with huge "severance handshakes" - much to the annoyance of
shareholders I may add.

I reckon that the proponents actually generate more income for failing than
if they were successful - and in a quicker time. It's all wrong.

Dave Crozier


-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf
Of Helio W.
Sent: 24 January 2007 07:51
To: ProFox Email List
Subject: Re: [OT] Corporate Executive Pay Redux

I was reading the other day that a CEO in the USA gets compensation many
times (100x, 200x) greater than that of an average employee. That's exactly
what happens in the third world and opposite of what happens in Europe. I
don't know about Australia and Canada, Japan and other parts of the world,
but I'm curious. Does anybody know?

Thanks,

HW


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