“Say on Pay” is a movement and pending legislation that allows shareholders to have a “non-binding” vote on the pay levels of company officials / executives.  The executive compensation for corporation executives has gotten out of line.  Some CEOs make 262 times more than a typical worker in their organization.  Here’s the question though — who should decide how much is too much?  The board of directors who are voted in by the shareholders or the government?  CEO pay is out of whack but eventually corporations will get it adjusted.  The pendulum will swing back if the market is allowed to adjust normally.  Proposed legislation on the issue of executive pay is a slippery slope.  What would the government want to regulate next?   

This entry was posted on Sunday, June 22nd, 2008 at 3:52 pm. Please comment or trackback.