Pay for Performance 0
D-Day takes a look at the corporate bonus culture:
The reasoning in the corporate boardrooms is actually pretty simpleminded:
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1. I am the CEO/CFO/whatever.
2. I therefore must be a Master of the Universe.
3. I therefore am entitled to All that I Can Get.
They believe this reasoning even as the facts–all those arrows slanting downward to the right on all those charts–the facts of the business show that they couldn’t tie someone in a game of tic-tac-toe without phenomenal luck and chicanery.
Those who complain about an “entitlement society” are looking in the wrong direction. The sense of entitlement is not walking on the streets, not pumping gas in service stations nor building product in factories, not helping customers on the sales floor, not in the Bushie breadlines.
The sense of entitlement is in empty suits in fancy offices on the top floors of all those buildings in the center of town.
