I’ve been tracking the storyline around CEO packages for some time.
We don’t have anything like the scrutiny of the big and publicly quoted companies, of course.
We had a record year last year for profit, but despite this I haven’t awarded myself a significant increase in package.
Whilst I absolutely believe in the need to attract and motivate talent, and the need to be meritocratic, I also think people who run companies need to remember that they have a duty of care for the long-term sustainability of their company.
In many business categories, but especially in the agency space, the key drivers of long-term success are trust (in the leaders/leadership), pride (in the work that we do/results we get), and camaraderie (in the relationships that we have with each other and our clients). Read more »