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Compensation at Whole Foods Market
This is the kind of data you would expect if people are the organization’s most important resource. If instead senior management thinks the company exists to fund their lavish lifestyle and only needs to do other things like provide value to customers, reward investors, provide meaningful work to all employees… as a way of funding lavish living by CEOs you get the behavior discussed in: Graph of Obscene CEO Pay, More on Overpaid CEO’s and Excessive Executive Pay.
via: Whole Foods CEO Pay
Related: Excessive Executive Pay - The Purpose of an Organization - Warren Buffett’s Shareholder Letter - Starbucks: Respect for Workers and Health Care
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February 7th, 2007 at 9:05 pm
It’s disappointing that more companies do not continue to make broad-based stock option grants. These are good wealth builders for middle-class employees, plus sharing equity can improve company performance. The National Center for Employee Ownership (NCEO) in a recent review of studies concluded that “Research continues to show that broad-based plans contribute positively corporate performance and shareholder returns; narrowly focused plans generally do not and often have a negative impact.”