Just Sarin

don't know why a politician (though an economist) would want to comment and control the salaries of CEO's...

 

i guess the fact remains that it will always remain a case of demand and supply - the employees will continue to demand, and the organisation will try to supply...

 

but yes, often the CEO's (and other higher up's) manage to get a package that is way beyond the value they could possibly add to the company - but then, that's how they managed to negotiate it.

 

however, i think a regulation that prescribed a maximum ratio of the highest paid to the lowest paid person in an organisation might make sense - to make sure that the top people don't get carried away. :-)

 

as far as social unrest goes, it might be difficult to prevent that, no matter what the salaries of the CEO's are, since the biggest spenders and the majority of people who drive flashy cars would appear to be business men - but not the CEO kinds.

 

i guess it makes more sense to ensure that more people come under the tax net, and that people have an incentive to be honest in declaring their income.

 

anyway, on the replies to the recommendation, i wonder why the CII and other business organizations are coming out against it... after all, the main members are the CEO's :-D