From: Adam 

Tony Williams wrote:

> I thought that term might catch your eye. The problem is that the
> rewards become disproportionately large, leading to huge amounts of
> wealth locked up in the bank accounts of a tiny number of people.
>
> Success should be rewarded of course, but the scale of the rewards has
> gotten out of control. In the present system once you've got a lot of
> wealth it becomes easier to get more where it should really be the other
> way around. A progressive tax system is a good way to achieve this.
>
> I rather like the idea of limiting compensation of the highest paid
> staff to some multiple of the lowest paid.
>

Ditto. If not then it has to be tied to performance such that if the
performance of the company is poor then the remuneration to the directors
etc should be the lowest in the company.

At the moment there is this sort of golden floor so no matter how crap the
results of the company are, the drectors etc get paid but if the results
are good then....obviously (apparantly) bonus'es are called for.



Adam

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