All this cr** about loss of talent to abroad.
The fact remains is that these Johnny come latelies are well over paid, here and abroad. Maybe a movement is being started that execs are entitled to a decent whack, but not at the astronomical levels that appear to have become the nor. In the last 20 years or so the trend has been upwards, regardless of the performance, and no claw back/loss of bonuses (which in themselves are obscene) when things do not go right. Think of the execs as waiters, if they provide good service, they get a tip, if they don't serve you well they don't get a tip, and have to rely on their salary from the establishment. Time that that principle was firmly re-established, a basic (lean) pay structure and a bonus package, which does NOT exceed 10% of basic pay.
Maybe the overseas investors will copy what is happening over here and force down their executives pay packets. If that happens, the local "talent" will stay put, lest the more talented below them (and there must be plenty of that around, actually making happen the decisions handed down from on 'high', requiring some considerable skill) step in to do the same job, perhaps better, but for much less.
