It's time, especially in the midst of 2 wars, to put a stop to paying heads of public companies huge paychecks unless they:
- Actually turn a profit
- Pay their investors back something (dividends)
- Not lay off or fire anyone
- Not close American manufacturing jobs
- Pay their workers a living wage
- Never take a dollar of taxpayer money as incentives or bailouts
Sounds crazy? I don't understand how the good people in the State of Georgia making minimum wage benefit from their governor handing over $100 million of their money to NCR, run by a guy making $2K an hour- who has lost 2/3rds of the companies value.
We need a ratio for pay on publicly traded companies that restricts compensation based on the number and size of full time wages paid to Americans. If you take your company private- pay yourself anything you want, but if you take a penny from a taxpayer, sell to the government, or expect to float your paper on our stock markets- it's time for pay for performance.
Hire Americans, pay them well- and you can pay yourself as much as you want.
