As news has spread that AIG -- beneficiaries of more than $170 billion of our money in government bailout funds -- is paying out $175 million in executive bonuses this week, the response has been unfavorable, to put it mildly.
Outrage over the bonuses have led to group protests outside the company's headquarters, possible legislation in Congress to try to recoup the money and even one Senator who bombastically suggested the executives receiving the bonuses should resign or kill themselves.
As EBN has an upcoming feature on executive benefits, I wondered if the AIG outrage does/should affect the way employers structure executive compensation and benefits or the way they communicate exec pay and perks to employees? What do you think? Yay or nay?
Tuesday, March 17, 2009
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