It pays to be ruthless

CEO compensation highest for "layoff leaders"
By
|hrreporter.com|Last Updated: 04/08/2003

A new study suggests that the more employees a company lays off, the higher the compensation for its CEO.

The study was conducted in the United States by two liberal advocacy groups, the Institute for Policy Studies and United for a Fair Economy. The report generated by the study is entitled

Executive Excess 2001