
High board remuneration is often linked to various bonus programs. The CEO may have various securities whose value increases or decreases in relation to how the company develops. But there are often also different types of advanced arrangements 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.”
Rännar also expresses 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? Rännar points out that the resistance is too small in a globalized era. In an era when skilled salespeople are taking over. However, this should not be an obstacle for employees, customers and other stakeholders to give their views on the matter. They are probably not particularly happy with the state of things.