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To: freedomfiter2

He got fired. The pay reflected the contract he got when Home Depot recruited him. He was one of the runners up for Jack Welch's job at G.E. and a hot commodity.

This happens in other arenas too. T.O. hasn't done much for the Dallas Cowboys for his $26 million, but there were high hopes when he was brought in. He's good, but not great. He's not even the #1 receiver on the team. Will T.O. be around next season? Who knows.

Katie Couric is pulling down $60 million to pull CBS into the ratings toilet. Someone at CBS must have thought replacing a lefty with an even bigger lefty was a great idea, if only because she was so perky. Will she see the end of her contract? Yeah, but probaby not as network news anchor.

People make mistakes in hiring for top positions just like the do for entry level ones. The difference is the people at the top have contracts that must be honored. It's not unfair. It's a reflection that the people are "perceived" to be among the very best in their fields of work.


128 posted on 01/29/2007 3:26:02 PM PST by Entrepreneur
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To: Entrepreneur

It's a reflection that the people are "perceived" to be among the very best in their fields of work.


It's a reflection that companies need to start paying according to actual performance on the job and not according to perceptions.


129 posted on 01/29/2007 3:31:41 PM PST by freedomfiter2 (Hunter '08)
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