Tuesday, September 15, 2009

Rein in bosses' incomes

There is a prospect that at the Pittsburgh G-20 meeting of the world's largest economic nations this month there will be moves towards mandating business executives' salaries to be tied to performance. This, however, doesn't begin to undo the damage and right the wrongs. Executives' incomes should be limited to five, or at worst, ten times the wage of each company's lowest-paid employee. Only public clamour will bring this about.



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