With year after of failure to grow they should be pipped. Unfortunately HR and the Renumeration Committee are all in the deal to look after each other. Raul is doing 3 other jobs and the other Execs are Flying around globe with no intention of any growth. How is this possible?
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You can understand a one off miss of revenue growth but when its qtr after qtr, year after year the Excs are just incompetent.
The first line of their goals should be revenue growth and if they don't achieve it they should be on a PIP and get peanut pay.
The executive pay and bonus of companies should be more heavily weighted to Revenue growth, profit compared to competitors, and customer satisfaction, among other measures. EPS is an easy one to cook. I've always been at a loss when customers are not happy, and the business is ever shrinking, compared to competitors, that the executives are still claiming success and getting rewarded. The analysts should be jumping all over that. If you're not growing, then customers are not happy. The board and analysts are so mind numbingly d-mb to continue to accept the excuse of we're losing less money than we used to for so long. For a 2-3 years, okay, it takes time to correct the large number of internal problems, but for 8+ years? Just plain nuts.
I've genuinely no idea how in other companies this is dealt with. Who fires the ceo? Who sets the kpi's for a basis on which to fire them? Who decides what the criteria for exec bonuses are?
I've not really looked at other companies in detail but I do know dxc exec bonuses are based on eps expansion. This isn't a bad metric to use under the circumstances of the company actually being stable, however when it's dxc and the problem is revenue (or rather the lack of it) then surely it should be adjusted to target that?
Wouldn't anyone else set a financial incentive to target the key area the company needs?
HR is like bend it like Beckham.
Penne pasta is crooked
Internal IT is totally usekess
Delivery - AI infused platform X-x
Network - rarely works - always on strike
Drummer - happy with his millions
RaWoool - minister of aviation and tourism
Shareholders - clueless
They are all in it together, HR are so bent.
If it was an a normal employee they wouldn't be able to get away with such poor performance whilst openly doing other jobs.
Shareholders and employees are being taken advantage of.