Let's face it, a company is only as strong as its leader and there's a reason Mike Lawrie is not on the list of the top 100 CEO's in America. Anyone can do what he has done, layoff people, cook the books, not pay suppliers, except for the executive team, there have been no raises or bonuses to the employees in over 6 years but, Mike Lawrie preaches how well we've done and thanks us as he and the other executives, Paul Saleh, Steve Hilton, Bill Deckelman, Dan Hushan, Jo Mason, Erich Windmueller to name a few make millions of dollars in bonuses. Mike you and your team are not leaders you're thieves and one day I hope to watch you all go to jail. Audit anyone? Just look at the ill fated Ariba purchase.
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The review dated Jan 30, 2015 says it all:
https://www.glassdoor.com/Reviews/Employee-Review-CSC-RVW5814243.htm
Mikey and Mason engaged? Really? Can you prove that?
Isn't that ethically corrupt by company policy?
Mike Lawrie and Jo Mason are engaged ..... explains a lot...
Mikey should run Uber and see what it is like to not p1ss off employees.
mikey and the gang will burn in hell for this
"The final rule applies to issuers for their first fiscal year beginning on or after January 1, 2017. Therefore, calendar year issuers will need to begin including pay ratio disclosure in their proxy statement for the 2018 proxy season."
I'd guess its coming very soon.
I'd also guess that the recent "restructure" of executive pay to make 85% of it performance related is an attempt to reduce the figure published - there are probably clauses about guaranteed money vs "bonus"
I though the US US Securities and Exchange Commission required, from 2017, that public trading companies disclose the pay ratio from CEO to average worker. The UK government is also trying to do the same.
in 1965 that ratio was 20:1, whereas now its something like 303:1, but has largely gone unchecked.
Since 1978 to date, a CEO's pay has risen 1000% whereas the avg worker in the same period has only seen 11% rise.
Lawrie - $18.6M
Saleh - $6.4M
Smith - $4m
Hilton - $3.7m
Deckelman - $3.2M
Boo hoo!
Yeah, what's the point in me bleating about it? They are allowed to do what they like now. Meg can earn herself the worst CEO of 2015 for a string of losses and simply moves onto the bigger peice of cheese. God help you all still stuck in that place.
But it's shameful that a CEO can make that such amounts whilst destroying the livelihoods of the hard-working folks who make the company profitable.
I'm out anyway but I think you'll find that the grasping Meg ditched you and made a tidy bonus on the back of it whilst securing herself another Board position with DXC to milk in the future.
These people are all parasites
At least we ditched Meg, she was the very worst CEO, actually held the #1 position - not just my opinion.
https://www.google.com/amp/www.foxbusiness.com/features/2015/12/30/worst-ceos-2015.amp.html
No Meg?
I'm no fan of government regulation, but "executive compensation" is so frequently and severely abused that it makes a perfect candidate for it.