Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Outsource Ceos

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Outsource Ceos

Article excerpt

I have a new solution for helping out those of us in the 99 percent. When it comes time to determine pay, benefits and bonuses we receive, the owner of the company we work for will no longer decide those rates; instead it will be a board made up of co- workers and others who work in similar type jobs. They will set the benefits and pay scale we receive.

What is that you say? That's nonsense? You think people would just give themselves unbelievable pay and benefits at the expense of the owner?

Well, that is exactly what happens now with the pay and benefits of senior executives at the expense of their employees. Their pay and benefits are established by a board that just happens to be made up of other CEOs and top executives from other firms and, by the way, in case you don't know, they all sit on each other's boards.

Look at Yahoo, for example. …

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