The President of the United States makes $400,000 plus benefits and that seems a fair wage for someone with an MBA.
Until thing get sorted out, all CEOs (private and public) should voluntarily limit their remuneration to that equal or less than $400,000. And no golden parachutes, options or other BS.
That goes for all of Big Franchising‘s CEOs:
- Franchisors (business format and product),
- franchise bar,
- sales agents, and
If they don’t want to then there’s only one word for them: jump.