Tuesday, February 3, 2009

CEOs Feel "Entitled" to Their Bonuses and Perks

I was watching a video on Reuters about CEOs and how they feel that they are entitled to their bonuses and all of their corporate perks. In the course of the news segment, a psychiatrist said that CEOs actually believe that they deserve their huge salaries, bonuses and perks by rationalizing it in their heads. Corporations say that they need to keep their talented CEOs by playing to their egos and greed.

No matter how you slice it, CEOs are getting larger and larger salaries while most Americans go without jobs. I wish I could say that I'm entitled to my job, but it didn't happen. I guess entitlement is something that belongs to the CEOs as a perk.

If you would like to view the video from Reuters, click here.

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