Tuesday, January 5, 2010

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PERFORMANCE - MORAL - MANAGER REVENUE

contradict decoupled from performance executive pay to the socialist conscience of the Austrian Federal Chancellor Faymann only recently, after he agreed in the recent past contracts and severance payments in the millions.

Many good ideas remain unnoticed. Belongs to the powerful potential of the implementation. Years ago, even ignored the media articles on the restriction of executive pay: It was not mainstream. Although remained the major in the Austrian social partnership Labour leader also long unheard and could convince Faymann now to address this issue after it became a popular topic. Only, this is not a socialist but a moral issue.

content: why should the public on the tax deductibility of compensation paid millions to managers. This is probably the notion of disproportionality of place and this practice is immoral and a violation of our basic societal values.

profit sharing, bonuses, premiums and other payments are important tools in business to improve performance and retention of staff to a farm. As already more than half a century, the Upper Austrian Bauhütte Leitl a profit participation of the employees practiced, it was not about socialism, but a successful business model.

socialism is the overemphasis of the state with a fatal tendency to redistribute money, which has not been generated and leads to debt accumulation. Real socialism is gone because of it. Alternatively, I recommend Christian social policy, about the law of charity is deeply in solidarity. However, to help the weak in society, must be called and deserves to be rewarded also performance enhancing. Negative examples are minimum backups at the same level or too close in terms of market income of service providers are recoverable, which may rightly wonder: why work at all? Here are profiles the social democracy and prevent economic expansion. Other Christian pillars of social policy are responsible ownership. Many managers who work with foreign capital, have set irresponsible behavior on the day and the economic crisis contributed significantly.

British top financial manager threatened to boycott. You can safely do without them. Replacement with the highest professional qualifications can be found with certainty. The special value of such factual usually quite clever businessmen often lies in korruptionsanrüchigen multiple referrals and connections as well as professional cliques. Off the top job ions maintain these benefits to be lost very quickly. to hear
The method of media and politics after interviewing these managers that no income restrictions was the right way is to determine how to manage the federalism reform the governors of the reform leaders.

Mind: there are only millions of merit attacked and characterized as immoral. As a way of the future should be considered as performance incentives more strongly overall profit sharing (if profits are made) are excited and management should also be a loss of interest for discussion.
Dr. Heinz Wimpissinger, Klosterneuburg

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