Quote:
Originally Posted by RougeUnderoos
These executives have proven themselves:
A. Inept
B. Greedy (if not outright crooked)
... but we can't limit their pay, because they'll quit.
In related news...
My wife is cheating on me and she beats my kids. If I don't buy her a Mercedes, she's going to leave me. What colour should I get?
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But you aren't limiting the pay of just these (bad) executives.
You are limiting for the role, not matter who is in the role.
You aren't going to be able to attract the best and the brightest, the exact type of new person you will need to pull yourself out of this mess, because you can't pay what your competitors are willing to pay.
Hell, throw the "inept and greedy" in jail if you want. They probably deserve it. But to put this sort of a stipulation into place is only going to drag out the misery.