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Discussion » Statements » Rosie's Corner » Why do some executives get huge rewards for taking a company down and out? A question posed by an Answermug friend. Anyone know WHY?

Why do some executives get huge rewards for taking a company down and out? A question posed by an Answermug friend. Anyone know WHY?

These bigshot hotshots negotiate swell deals upfront. Stock options, golden parachutes, and all that jazz.

Why aren't the companies smart enough to include CONTINGENCIES in the employment agreement?

If the company prouctivity increases by a certain percent then the executive qualifies for a certain additional benefit? Isn't that fair?

As it is they scam their way through months of wrecking a company and are booted and don't care because they leave with bazillions of bucks.

Dumb of a company don'tcha think? The companies are guaranteeing payment for certain things they believe will be delivered and when they're stiffed they're stuck with whatever the agreement was negotiated to give the loser who is laughing all the way to the bank.

Posted - January 14

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