Executive Pay: CEO Incentives and the Determinants of Executive Compensation
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GUEST: Andrew Woodburn, MD of Amrop Woodburn Mann.
Inequality in South Africa is high, whether measured by income or wealth. One of the results is that there’s acute public scrutiny of executive compensation.
This is understandable given that the skew in rewards for executives compared with wages of workers is one of the key drivers of rising inequality – in South Africa and across the globe.
To see the millions upon millions that CEOs earn in this context; morally, it’s just impossible to justify.
Inequality in South Africa is high, whether measured by income or wealth. One of the results is that there’s acute public scrutiny of executive compensation.
This is understandable given that the skew in rewards for executives compared with wages of workers is one of the key drivers of rising inequality – in South Africa and across the globe.
To see the millions upon millions that CEOs earn in this context; morally, it’s just impossible to justify.
