In defence of high CEO pay
Julian Jessop writes in The Spectator
Christopher Snowdon writes for Spiked!
Len Shackleton writes in The Times
“Executives responsible for large companies, employing tens of thousands of people, need skills and experience — in finance, marketing, technology and managing people — which can only be acquired through years of hard graft.
“They operate in a highly competitive global talent market: about 40 per cent of the FTSE 100 chief executives are foreign citizens. They often have highly pressurised, 24/7 lives and travel constantly, seeing families infrequently.
“High pay is typically linked to performance and bosses are constantly under pressure to boost the bottom line.”
Read the full piece here.