I think this is a good point. But the proper response in such cases, it seems to me, is to try to close the loopholes, rather than give up on the experiment.
Or the talented executives will just leave the country and go where they can earn more.
The whack-a-mole game is undoubtedly true. About the most talented execs leaving, this may be true, and it is certainly what well-compensated execs will argue.
Also possible is that it will be primarily the most self-serving execs, rather than the most talented, that will leave. It would be a delightful irony if Swiss companies began performing better after an exodus of executives. And we should remember that there is no limit on executive pay, specifically.
Oximoron at its best. But don't worry about those talented executives, you probably will find ten or more when they leave the country. Switzerland wouldn't have any problem attracting talented workers.
Comments
I think this is a good point. But the proper response in such cases, it seems to me, is to try to close the loopholes, rather than give up on the experiment.
It will be like playing whack-a-mole. Or the talented executives will just leave the country and go where they can earn more.
Or the talented executives will just leave the country and go where they can earn more.
The whack-a-mole game is undoubtedly true. About the most talented execs leaving, this may be true, and it is certainly what well-compensated execs will argue.
Also possible is that it will be primarily the most self-serving execs, rather than the most talented, that will leave. It would be a delightful irony if Swiss companies began performing better after an exodus of executives. And we should remember that there is no limit on executive pay, specifically.
"talented executives"
Oximoron at its best. But don't worry about those talented executives, you probably will find ten or more when they leave the country. Switzerland wouldn't have any problem attracting talented workers.