I got my annual pay rise the other day - at first i was kind of happy until I got home today and was watching Al Jazeera (one of those days) apparently Mr. Kibaki is getting the reward of running the country well. I think that is why whoever thought it necessary did thatSo the president got a huge a pay rise - what's the big deal?
FACTS:
I am made to understand it is 186pc that raises the salary to $528,000 leaving GW Bush with just $400,000, while the Japanese Premier is going for a pay cut. Poor performance?
More than 1/2 population living under the poverty line.
It is not my business to say whether it is right or wrong (not that I don't have an opinion), but it highlights a serious issue in the corporate world - Executive performance review. It is from performance that reward is set. So when the targets are misplaced or wrongly set - usually the Board plays a huge role in all this. Unfortunately the danger is that the Board composition is always a matter of contention since the Directors just rotate chairs.
There is always the danger of
Mr President is laughing his way to the bank thanks to the parliament - I'm sure they must have thought through the whole process and the repurcussions. Should we be looking for new leaders? Preferably less eductaed and less experienced? Imagine the savings on taxpayers funds.
What were the targets that were met to warrant the pay rise or was it just due to inflationary pressures? I am honestly looking for information.


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