HIGH LIVING (Hypebot) –
I've written several times about executive compensation at the major labels particularly given their recent performance. After all, if the attitude at the top is "Who cares about the future; just grab the cash now,", that attitude will permeate the entire company.
Of course no one listens to me. But maybe they'll take the advise of one of the richest men in America and his partner at Berkshire Hathaway.
“If you rise high enough in American business, you have a moral obligation to take less pay." – Warren Buffett
"If you’re in a job you’d pay to have and are an exemplar for the rest of the organization, there is a lot to be said for paying yourself little." – Charles Munger