"Many CEOs have it tough too"
I wasn't talking about the many smaller companies owner, directors, executive and administrators who are usually on the same boat of their employees.
It was about the rarefied world of large companies CEOs - like Elop - who ask for compensations for everything, from signing bonus to relocation ones to big bonuses to golden parachutes, each in the millions range.
Up to the point that ensuring a profitable business for the company for years becomes less important - you can make more money by leaving early and jumping from company to company, and never be accountable for what you really did at each.
It happened, for example, in Telecom Italia - the CEO had a contract that stated if he had to leave earlier, they had to pay a an exit bonus based on the worked years bonus. He cunningly achieved profits in his first year he couldn't match the remaining ones, and then left.
Of course, you need accomplices to obtain such conditions and benefits, and cover your butts, but as long as that's a small "community" where each member take advantage of the situation, it's not hard to find them.
I have no issue in rewarding skills and responsibilities, but when people get handsomely paid just to move their butts from one comfortable leather chair to another, it's clear the system has big issues.
Was Elop really interested in the Nokia telephone business, or was just preparing his next hop?
That while employee wages are mostly stagnant, and purchasing power often inferior of that of decades ago. But underlings can make debits, if they need money, so the upper echelon will also reap the benefits of interests paid by the lower one.