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Poll results

Both BJ’s Wholesale Club CEO Christopher Baldwin and Hologic CEO Stephen MacMillan made $42 million each in total compensation last year, largely thanks to one-time stock awards. Baldwin was awarded about 2% of BJ’s as it launched it public offering, and Hologic’s board awarded him the bonus to keep him with the company. MacMillan’s total compensation was more than 130 times what the median Hologic employee salary.
 

What is an appropriate level of compensation for the leader of a company?
$1 million per year is more than enough for anyone (22%, 25 VOTES)
No more than 100x the median employee salary (30%, 34 VOTES)
A perfect executive should be able to earn up to $10 million annually. (11%, 13 VOTES)
As much as he or she can get. It is a free market. (37%, 43 VOTES)
Poll Description

Both BJ’s Wholesale Club CEO Christopher Baldwin and Hologic CEO Stephen MacMillan made $42 million each in total compensation last year, largely thanks to one-time stock awards. Baldwin was awarded about 2% of BJ’s as it launched it public offering, and Hologic’s board awarded him the bonus to keep him with the company. MacMillan’s total compensation was more than 130 times what the median Hologic employee salary.
 

  • 115 Votes
  • 5 Comments
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5 Comments

  • June 19, 2019

    The greed needs to stop. I support employee owned companies, not greedy board of directors making 6 figures while you overcharge for your product and underpay the people actually doing YOUR work.

  • June 19, 2019

    I agree that people should be paid well for a job well done, but the greed has gotten out of control. Do people not see that it effects the price of the products that these companies produce? The company has to afford to pay the salary- so the price of the product goes up. And when a CEO makes an amount that is grossly above the employees that actually MAKE the products it is just morally and ethically WRONG. They should be ashamed.

  • June 18, 2019

    Equity, as in pay equity, matters. Exploitation is abundant and it turns people who don't make 7 figures bitter. Who wants to work for a greedy, self-enriching person, or for a company that values greed and massive compensation inequity?

  • June 18, 2019

    depends on contract and the expectations of the leader that are set by the Board

  • June 18, 2019

    The day we put a cap on how much someone should achieve it is the day that humanity dies. Who am I, who are you to dictate how far can someone go? My inability to reach higher levels of anything should not dictate how high someone else can go. If we are to cap how far someone can go, stagnation will set in. With stagnation comes death. Humanity, like any living thing on this planet needs to be striving for new heights at all times. Without movement and without the yearning to achieve, people deteriorate and mediocrity rules, life doesn't make sense, society dies, nations rot and disappear. So, as far as I am concerned, pay people what they are worth and maybe even a little more, be it $100 or $100,000,000, so talent and effort is rewarded and progress is made to the benefit of all.