Thread regarding Chicago Bridge & Iron layoffs

Executive Compensation

During 2015 he was ranked by Yahoo Finance as the 2nd worst CEO out of 25. His total 2015 compensation package was $18.3 million. His total compensation from 2006-2017 was a reported $172,267,912.00 USD. That comes to an average yearly compensation of $14,355,659.00. The annual yearly increase for most employees if they were lucky averaged 3-4%. CEO's are suppose to be rewarded when business is good, stock price is up, sales are up, the company is doing well. When the company is not doing well, the opposite should hold true and those at the helm should not rewarded with increases in salary, stock options, etc. The Board of Directors that approves executive compensation should be held liable as well to the employees, shareholders, etc when they approve these hugh salary increases, stock options, etc to executives when the company is underperforming. But it is always the ones way down the corporate ladder that get the crappy end of the stick with low raises and as we see now, the real possibility of losing their jobs.

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