As the High Pay Centre point out, there is little evidence that the problems with UK business stem from low CEO pay.... although they might stem from the managerial attitudes that conclude they are not paid enough even when UK business is underperforming its potential....

#economics #business #politics

Full open letter here:

https://highpaycentre.org/leading-academics-express-concern-about-excess-executive-pay/?mc_cid=50b0e40ee6&mc_eid=31f9d78b82

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Promoting idiots Up; promoting shop floor to management with little training; bloated middle management; mánagers managing mánagers...to name some personal observations over the years.