The CEO Pay Machine: How It Trashes America and How to Stop It
The former top CEO examines the scandalous and corrupt reasons behind obscene pay packages for corporate executives--and explains how this hurts all of us--and how we can stop it. Today, the pay gap between chief executive officers of major U.S. firms and their workers is higher than ever before--depending on the method of calculation, CEOs get paid between 300 and 700 times more than the average worker. Such outsized pay is a relatively recent phenomenon, but despite all the outrage, few detractors truly understand the numerous factors that have contributed to the dizzying upward spiral in CEO compensation. Steven Clifford, a former CEO who has also served on many corporate boards, has a name for these procedures and practices-- "The CEO Pay Machine." The CEO Pay Machine is Clifford's thorough and shocking explanation of the 'machine'--how it works, how its parts interact, and how every step pushes CEO pay to higher levels. As Clifford sees it, the payment structure for CEOs begins with shared delusions that reinforce one other: Once this groupthink is accepted as corporate dogma, it becomes infinitely harder to see any decision as potentially irrational or dysfunctional. Yet, as Clifford notes, the Pay Machine has caused immeasurable harm to companies, shareholders, economic growth, and democracy itself. He uses real-life examples of the top four CEOs named the highest paid in 2011 through 2014. Clifford examines how board directors and compensation committees have directly contributed to the rising salaries and bonuses of the country's richest executives; what's more, Clifford argues, each of those companies could have paid their CEOs 90 percent less and performed just as well. Witty and infuriating, The CEO Pay Machine is a thorough and incisive critique of an economic issue that affects all American workers.
EDITOR'S CHOICE: The Tyranny of Metrics
Posted February 16, 2018, 9:00 AM with category of Innovation & CreativityJerry Muller pulls the curtain back on the cult of metrics, and attempts to break our fixation on improving the numbers so we can get back to improving the world we live in. Read more
NEWS & OPINION: Inside the Longlist: The Best Current Events & Public Affairs Books of 2017
Posted December 6, 2017, 12:59 PM with category of Publishing IndustryThe five books in our Current Events & Public Affairs category are all timely, topical explorations of the intersection between business and the wider world they're meant to serve. Read more
NEWS & OPINION: The 2017 800-CEO-READ Business Book Awards Longlist
Posted November 7, 2017, 8:40 AM with category of Publishing IndustryOur 2017 business book awards longlist rewards 40 books with a focus on individual and organizational improvement. Read more
NEW RELEASES: The CEO Pay Machine
Posted May 10, 2017, 9:24 AM with category of Current Events & Public AffairsSteven Clifford's new book on CEO compensation "demolishes the prevailing business orthodoxy that has led to its enormous and immensely damaging rise." Read more
EDITOR'S CHOICE: The CEO Pay Machine: How it Trashes America and How to Stop it
Posted May 4, 2017, 2:06 PM with category of Innovation & CreativitySteven Clifford chronicles the inexorable rise of CEO pay, how it harms companies, curbs economic growth, and undermines democracy, and how we can fix it. Read more
Bulk Hardcover Non-returnable Discounts
|1 - 24||$18.40||20%|
|25 - 99||$14.26||38%|
|100 - 249||$13.80||40%|
|250 - 499||$13.34||42%|
|500 - 999||$13.11||43%|
About the Hardcover
|Publisher||Blue Rider Press|
Need 1000 or more?
Additional discounts may be available for print books. We also offer pricing for RETURNABLE orders. Please call 1-800-236-7323 or email us to request a quote.
To order call 1-800-236-7323 or e-mail firstname.lastname@example.org