Business executives, particularly in the United States, commandeer incredibly high salaries and compensation packages. The numbers are approaching and surpassing the $100 million mark without including many other perks and bonuses, in some cases in companies that are performing poorly. A number of arguments explain the rise in compensation packages, including market forces and competition for the few talented executives. Where do you draw the line? If you were offered an outrageous compensation package to join a company that is laying off employees, declaring bankruptcy, and performing poorly overall, would you take it?
1. What factors contribute to high-compensation packages?
2. What are the personal and organizational implications of your decision?