Although not based on deep research, executive pay at this level is would be a serious concern.
As our clients get ready for the 2011 and 2012 Say on Pay disclosures, I wonder how realistic it is to think that shareholders will have the resources to take a deep dive into the pay programs of the companies in which they have invested.
But it also served to highlight deep-rooted differentials in pay.
Both stories signal that there is a limit to how much even the deep-pocketed Chinese will pay for resources, even though securing resource assets is a stated national goal.
First of all, there are fewer deep-pocketed financial companies to pay out damages as they did with Enron, WorldCom and other big collapses in the past.
There, deep cuts in unemployment benefit and sickness pay have been made, while limited labour-market reforms have helped push down unemployment to little more than half German levels.
But their advertising has been drowned by that of others in deep distress, desperate to suck in deposits to pay other debts.
However, amid the deep spending cuts, including slashing pension benefits and civil servant pay, euro-zone countries are slowing and investors have been concerned about the ability of nations such as Spain and Italy to finance their budget deficits in the bond markets.
Chavez will also have to pay far more attention to developing offshore gas plays sat deep in the Pacific Ocean rather than monetised into state coffers.
And opposition to the bill runs deep--many feel that they're being asked to pay for other people's bad investments and it's not like they had any say in the British or Dutch government decisions to step in.
He balanced it through deep cuts to public and higher education, in addition to forcing public workers to pay more for their health insurance and pension benefits.
He said this was largely down to a "deep and protracted squeeze" on many people's real incomes, as inflation outstrips pay rises and energy and food prices increase.
Kingfisher Airlines is so broke it cannot pay its gorgeous cabin crew, for instance, and Air India is also manifestly in deep distress.
As successful executives, they have deep pockets and, as company directors or officers, also rely upon insurance policies or company bylaws to pay for their legal costs.
Meanwhile Seagate is swinging the axe deep with an announced 6% cut (2, 950 people) to its global workforce coupled with executive pay cuts by as much as 25%.
ENGADGET: Google and Seagate cut staff while Microsoft weighs options
They will go deep into debt without ever knowing that they pursued a degree without a chance at a career or a job to pay off their loans.
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