The Ceo Pay Machine: How It Trashes America And How To Stop It

Availability:

In Stock

The Ceo Pay Machine: How It Trashes America And How To Stop It

By: Steven Clifford

(0)

Rs 627.75
Rs 1,395.00
55%

You save Rs 767.25.

Pay in 3 Installments of

Rs. 241

Due to constant currency fluctuation, prices are subject to change with or without notice.

Today, the pay gap between chief executive officers of major firms and their workers is higher than ever before - depending on the method of calculation, CEOs get paid between 300 and 700 times more than the average worker. Such outsized pay is a relatively recent phenomenon, but despite all the outrage, few detractors truly understand the numerous factors that have contributed to the dizzying upward spiral in CEO compensation.

Steve Clifford, a former CEO who has also served on many corporate boards, has a name for these procedures and practices - The CEO Pay Machine. The CEO Pay Machine is Clifford's thorough and shocking explanation of the machine - how it works, how its parts interact, and how every step pushes CEO pay to higher levels. As Clifford sees it, the payment structure for CEOs begins with shared delusions that reinforce one other: once this groupthink is accepted as corporate dogma, it becomes infinitely harder to see any decision as potentially irrational or dysfunctional. Yet, as Clifford notes, the Pay Machine has caused immeasurable harm to companies, shareholders, economic growth and democracy itself.

He uses real-life examples of the top four CEOs named the highest paid in 2011 through 2014. Clifford examines how board directors and compensation committees have directly contributed to the rising salaries and bonuses of the country's richest executives; what's more, Clifford argues, each of those companies could have paid their CEOs 90 percent less and performed just as well.

Publication Date:

18/05/2018

Number of Pages::

288

Binding:

Hard Back

ISBN:

9780735212398

Categories:

Business & Management

Book Bazaar Upto 80% Off

Books

Sale

Chevron Pakistan

Business & Management

Non Fiction

55% OFF

11.11 Sale UPTO 90% OFF

Book Details

Publisher Date: