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Prof. Mintzberg Argues Against Executive Bonuses

Published: 24 March 2010

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The decimation of the media industry, and particularly the newspaper business, has meant the elimination of health insurance benefits not only for the tens of thousands thrown out of work but also for the many writers, designers and others now forced to freelance. Media companies have to make cuts to stay in business, and some outsourcing is inevitable. But rewarding execs with big bonuses for, in effect, taking away workers' health insurance is unconscionable. While executives laugh all the way to the bank(!) and business types argue about how to rejigger bonuses to make them sound more palatable, some, like Ï㽶ÊÓƵ professor Dr. Henry Mintzberg, argue it's time to get rid of bonuses altogether.

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The Huffington Post


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