The paragraph below is from an ABCnews.com article (on the website today, 9/16) on Jack Welch, retired head of GE. Mr. Welch is in the process of a divorce and during the proceedings terms of his excessive retirement package with GE have become known. Reading the perceptions of Mr. Welch made me wonder if our own Mr. Siegel could learn some lessons regarding workers'' and the public''s perception of management bonuses!
Per the site: Nevertheless, he said that one of the things he learned as CEO of GE was that perception matters, especially during a time when news of lavish compensation packages and executive malfeasance have soured public confidence in corporate America.
Per the site: Nevertheless, he said that one of the things he learned as CEO of GE was that perception matters, especially during a time when news of lavish compensation packages and executive malfeasance have soured public confidence in corporate America.
