http://richardmgore.com/how-corporations-should-compensate-ceos/ Just another WordPress site Tue, 18 Jun 2013 21:52:44 +0000 hourly 1 http://wordpress.org/?v=3.4 http://richardmgore.com/how-corporations-should-compensate-ceos/#comment-32294 Thurman Frerking Wed, 29 Aug 2012 23:01:32 +0000 http://richardmgore.com/?p=444#comment-32294 Wicked post! Wicked post!

]]> http://richardmgore.com/how-corporations-should-compensate-ceos/#comment-27875 Shivam Tue, 31 Jul 2012 22:57:13 +0000 http://richardmgore.com/?p=444#comment-27875 Who approved the apporx $7M compensation for Robles… the “owners”? NO! I am an “owner” and certainly don’t remember being able to make an input on this. As an association, USAA's compensation for senior executives should not be compared to publicly traded companies. It’s a different ball game. Robles may be a GREAT guy…and makes a great face/front man for the company…but I guarantee you there are thousands of retired 2-3 star general/flag officer that would be happy to read the prepared speeches…look good…and represent USAA for a paltry One Million Bucks a year! To get hired into most any non-entry level job at USAA, you need a “coporate” background. Funny thing is, this doesn’t apply at the top! There haven't been any brilliant business ideas implemented by the top executives only a continuous change to the ground rules in regard to who qualifies for membership, i.e. We want to make more money , OK lets open the membership to a greater number of previously non-eligibles . WOW now we look like geniuses, because Revenue and Profit have increased! My input for senior management: Next time you want a bigger secret executive bonus, why not suggest including Police Officers and Firemen/women as eligible members after all, they are uniformed AND heros. Much more deserving of USAA membership than a 2nd, 3rd, 4th generation family member who never served! Think of the great Marketing Opportunity!!!! Who approved the apporx $7M compensation for Robles… the “owners”? NO! I am an “owner” and certainly don’t remember being able to make an input on this. As an association, USAA’s compensation for senior executives should not be compared to publicly traded companies. It’s a different ball game. Robles may be a GREAT guy…and makes a great face/front man for the company…but I guarantee you there are thousands of retired 2-3 star general/flag officer that would be happy to read the prepared speeches…look good…and represent USAA for a paltry One Million Bucks a year! To get hired into most any non-entry level job at USAA, you need a “coporate” background. Funny thing is, this doesn’t apply at the top! There haven’t been any brilliant business ideas implemented by the top executives only a continuous change to the ground rules in regard to who qualifies for membership, i.e. We want to make more money , OK lets open the membership to a greater number of previously non-eligibles . WOW now we look like geniuses, because Revenue and Profit have increased! My input for senior management: Next time you want a bigger secret executive bonus, why not suggest including Police Officers and Firemen/women as eligible members after all, they are uniformed AND heros. Much more deserving of USAA membership than a 2nd, 3rd, 4th generation family member who never served! Think of the great Marketing Opportunity!!!!

]]> http://richardmgore.com/how-corporations-should-compensate-ceos/#comment-26964 downstairs Thu, 26 Jul 2012 00:00:47 +0000 http://richardmgore.com/?p=444#comment-26964 Some truly prize posts on this site, saved to fav. Some truly prize posts on this site, saved to fav.

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