Latest Blogs
-
Kim and Todd Saxton: Go for the gold! But maybe not every time.
-
Q&A: What you need to know about the CDC’s new mask guidance
-
Carmel distiller turns hand sanitizer pivot into a community fundraising platform
-
Lebanon considering creating $13.7M in trails, green space for business park
-
Local senior-living complex more than doubles assisted-living units in $5M expansion
WellPoint unwittingly made an interesting point this morning when it announced it expects to save $24 million by laying off 600 workers.
Those 600 workers in affect are being valued at about half the $47.5 million in total compensation received by the companyâ??s
top seven executives in 2007.
WellPoint in the past has gone to great lengths to emphasize the bulk of that executive compensation was generated by incentives
based on company performance â?? in other words, that the execs earned their keep. In 2007, nearly 83 percent of their pay
was
in WellPoint stock and options grants.
How do you feel about these gaps? Are the brass worth the money?
Please enable JavaScript to view this content.