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Are Compensation plans for private sector CEO's in North America reasonable?
Are Compensation plans for private sector CEO's in North America reasonable?
Expert Solution
There is an argument regarding this, but yes, it is reasonable to provide compensation plans for private-sector CEOs in North America. Usually, there is a direct connection between the amount that the company pays its employees and motivation. The higher the pay, the higher the performance and the quality of work is increased. Therefore, if a company wants higher performance from the CEOs, then there should be compensation plans.
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