
High compensation i boards are often linked to various bonus programs. The CEO can have various securities whose value increases or decreases in relation to how the company develops. But often in addition there are various types of advanced schemes for extremely high severance pay. Albin Rännar, head of Aktiespararna's marketing department, tells the magazine Kollega (no. 4, 2016):
"One of the CEO's tasks is to enthuse the staff and get them involved in tough decisions. If the managers then leave, it can lead to employees losing interest and, by extension, a lack of work effort./…Ultimately, the unfair compensation goes beyond the company, the brand, the shareholders, employees and, by extension, the customers.”
Gutters also express criticism of ABB's former CEO Percy Barnevik:
"Percy Barnevik defended his huge pension by saying that he didn't even get two percent of ABB's profit. One can ask whether a single person in a giant corporation should get it. There may be other reasons why the share price has gone up, for example talented employees.”
It is difficult to disagree with Albin Rännar. The question is why such a development has been able to continue? Chutes point to the resistance being too small in a globalized age. In a time when talented sales types are taking over. However, it should not be an obstacle for the employees, customers and other stakeholders to give their view on the matter. Most likely, they are not very happy with the state of things.