The CEO and his/her team are responsible for the performance of an organisation. Under normal circumstances the CEO and his/her team should be compensated for the good performance and penalised for the poor performance. But very rarely does the CEO and his/her get penalised for poor performance as most organisation base the remuneration of their employees on fixed monthly incomes which are not performance driven. In life there are always exceptions and Rick Holley has gone into the books of history of giving back bonus….read more
