Staff morale hig and donates half of his pay to charity

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John Mackey, CEO of Whole Food Market, keeps his pay low to keep staff morale hig and donates half of his pay to charity. Most of his pay is based on Whole Foods performance. Mackey has blogged that stratospheric CEO pay is bad for business because if creates employee dissatisfaction, reduces employee loyalty, and induces the most talented employees to leave. Do you agree with Mackey's outlook? Do you think more CEO should follow his example? Explain.

Reference no: EM131746211

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Staff morale hig and donates half of his pay to charity : John Mackey, CEO of Whole Food Market, keeps his pay low to keep staff morale hig and donates half of his pay to charity.

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