Are Government Mandated Salary Caps Acceptable?

A second round of pay restrictions were handed today by the Obama Pay Czar, Kenneth Feinberg. The decision will effect hundreds of employees at the companies that accepted federal bailout money in 2009.

According to the CNN article, with very few exceptions, no employee will be paid more than $500,000 in “base compensation” this year in cash and/or stocks.

It all begs the question… should the US Gov’t have any say-so in this matter, or should the companies prove fiscal responsibility and police themselves?

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3 Opinions Before Yours

Susan Kishner says...

Can you tell me who did your layout? I’ve been looking for one kind of like yours. Thank you.

Link | December 11th, 2009 at 12:55 pm

Mark says...

@ Susan -

Its a home-grown layout I did myself, but there are several half-paged themes around. Google “Half-Baked”, I think it is similar and splits the page down the center.

Mark

Link | December 11th, 2009 at 1:03 pm

Jamie Holts says...

Well said? Great information, keep up the great work!

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