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Midwest Airlines CEO Takes 40% Pay Cut
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Nofsdad


Joined: 06 Jul 2003
Posts: 6212
Location: Central CA
Posted: Fri Jul 04, 2008 3:16 pm    Post subject: Midwest Airlines CEO Takes 40% Pay Cut  

Every once in a great while you catch a good one. Now if we could just get all of them to base their compensation on actual performance, it would be a major step in the right direction.

My applause and appreciation go to this gentleman for proving that it's possible to maintain some kind of ethical standards and a level of societal responsibility in business. This flies in the face of the overwhelming evidence (and even testimony) to the contrary being provided by his corporate colleagues on a daily basis. Too bad more of them can't find it in themselves to follow his example.

Story Here:
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Major Appliance


Joined: 09 Feb 2008
Posts: 1124
Location: Brand Central
Posted: Sat Jul 05, 2008 4:16 am    Post subject:  

Quote:
Now if we could just get all of them to base their compensation on actual performance, it would be a major step in the right direction.


I support that approach.

CEOs: Do your job well, and be rewarded for it, do it poorly, and be rewarded in the same manner.
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