The CEO Pay Machine

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  • The CEO Pay Machine Book Detail

  • Author : Steven Clifford
  • Release Date : 2017
  • Publisher : Penguin
  • Genre : Business & Economics
  • Pages : 289
  • ISBN 13 : 0735212392
  • File Size : 10,10 MB

The CEO Pay Machine by Steven Clifford PDF Summary

Book Description: "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 ... 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.' [This book] is Clifford's ... explanation of the 'machine'--how it works, how its parts interact, and how every step pushes CEO pay to higher levels"--

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