Davos Annual Meeting 2010 - Rethinking Compensation Models

[constructioneerful]

Shumeet Banerji's contribution to the panel was very, very weak. His opening comment sets out his position - that he couldn't imagine chewing over with CEOs what compensation levels they should get, thus curbing his contribution to the panel. Later he says over-compensation is too complex, and maybe we need a regulator.... He's so short of imagining solutions / of perceiving them.. and perceiving the dangers from failing to confront the problem, I would have kicked him off the panel.

[evilgrin07]

I believe nothing will ever happen unless you put a cap on greed. 500-1mil annual salary. Any additional income should be tranfered to a cause (HIV,CANCER, BATTERED WOMAN) every year or even a non profit organization. Also get rid of offshoring, stop giving jobs to other countries when there's an issue of unemployment in the home country.

[lelyn1234]

I want to make a scatter plot of the ratios they talk about, and see what their graph tells me. I'll take the area under the curve, find it's rate of change, and end by distributing it into a normal bell curve. The mean ratio wins. Deal?

[MarkoKraguljac]

Just bring meaningful Universal basic income and release people from rat race pathology. Then you can pay overly ambitious people trillions. Perpetuating 19th century practices of carrots and sticks will get us nowhere. Rising unemployment is here to stay!