Read-iculously Low Prices
The CEO Pay Machine: How It Trashes America and How to Stop It

Back to previous page

The CEO Pay Machine: How It Trashes America and How to Stop It

Author:
Binding: Hardcover
List Price: $23.00
Our Price: $4.89 USD
FREE Shipping on orders over $35
Qty Avail: 100+

Bargain Book Copy


The former top CEO examines the scandalous and corrupt reasons behind obscene pay packages for corporate executives—and explains how this hurts all of us - and how we can stop it.

Today, the pay gap between chief executive officers of major U.S. firms and their workers is higher than ever before - depending on the method of calculation, CEOs get paid between 300 and 700 times more than the average worker. Such outsized pay is a relatively recent phenomenon, but despite all the outrage, few detractors truly understand the numerous factors that have contributed to the dizzying upward spiral in CEO compensation.

Steven Clifford, a former CEO who has also served on many corporate boards, has a name for these procedures and practices - "The CEO Pay Machine." The CEO Pay Machine is Clifford's thorough and shocking explanation of the 'machine' - how it works, how its parts interact, and how every step pushes CEO pay to higher levels. As Clifford sees it, the payment structure for CEOs begins with shared delusions that reinforce one other: Once this groupthink is accepted as corporate dogma, it becomes infinitely harder to see any decision as potentially irrational or dysfunctional. Yet, as Clifford notes, the Pay Machine has caused immeasurable harm to companies, shareholders, economic growth, and democracy itself. He uses real-life examples of the top four CEOs named the highest paid in 2011 through 2014. Clifford examines how board directors and compensation committees have directly contributed to the rising salaries and bonuses of the country's richest executives; what's more, Clifford argues, each of those companies could have paid their CEOs 90 percent less and performed just as well.

Witty and infuriating, The CEO Pay Machine is a thorough and incisive critique of an economic issue that affects all American workers.

NOTE: This title is a Bargain Book Copy, purchased direct from the publisher or distributor as excess inventory or a store return. The book is in new condition and will, in most cases, have a small dot or line on the edge of the book. It may also have a price sticker on it from the original store it was returned from. In a rare case the actual cover for a book might not match the one in the display picture. For more information please refer to the information page Our Product.

You May Also Like

More info...

ISBN: 9780735212398
Publisher: Blue Rider Press
Language: English
Page Count: 288
Size: 8.59" l x 5.84" w x 1.04"
Series: N/A