Cracking Down on CEOs Compensation
Due to the rules and regulations the CEO’s and other high executive’s salaries and bonuses are a hard number to figure out. On the books, CEOs and other executives usually make less than a million dollars because of the tax write-off the government gives. But the problem is executives make much more money than that through bonuses and other compensation plans. The SEC is trying to crack down and make the rules clearer to see the whole price of the compensation. I believe that companies can give their executives any amount of money they want but it should be easier for the investor to see the number.