high multiples

I think the comments here show why this article has missed the mark. It might have been acceptable to pay CEOs high multiples of employees in 1998 but this no longer works. The revulsion expressed below isn't unusual - the same distaste, even disgust, permeates across the employees of many highly paid CEOs. The fact is these organisations, in 2012, just aren't going to be successful if this is the case. We really do all need to be in together, if today's organisations are going to work. Nobody's going to be in it with their CEO if their CEO is paid 50 x as much as them. That's why what may have worked in 1998 just doesn't work today. And why we should not longer be doing it."