Reply #55: High-level salaries should be tied to performance [View All]

If you are able to materially help your company--to increase sales, improve efficiencies, employ more people making better quality, better costing products, or whatever--you should be paid very well.

Carly Fiorina should have been required to give HP a refund on her compensation.

The other one I keep hearing here is sports salaries--why should LeBron James be paid millions of dollars? I look at it in a different way: Because of LeBron, the Cavaliers have a good television contract. The Cavs put butts in seats at home and every away arena the Cavs play in put butts in seats just to watch this one guy. Nike sells LeBron James shoes by the carload. The licensed-apparel companies sell tons of replica LeBron jerseys, hats, and everything else that's got LeBron's name or picture on it. LeBron James is making a lot of people a lot of money; it's only fair that LeBron get a nice-sized chunk of it.

I think you should be able to earn as much money as you can. I also think that you should have to EARN it--under this scenario, Paris Hilton SHOULD be marveling at the high wages paid to Waffle House cooks.