Article in the Washington Post. A compensation analyst said:
“How do you explain a merit budget pool that’s 4.5 or 5 percent compared to 8 percent inflation, when the named executive officers in proxy statements are making a lot of money and companies are reporting their highest-in-history profitability?”
So Mike, how do you explain a 0 budget pool but you hike yours and your cronies while not even making a "highest-in-history profit"? Wage Theft!