This paper discusses the outrageous
salaries of chief executive officers, showing that most experts agree that the extreme salaries and bonus packages began during the boom years of the 1990s. The
writer looks at the recent decrease in overall spending by
companies, with the exception of of boardrooms across America regarding CEO benefits. On the other hand, the writer shows that some critics believe that, due to the fact that the United States is the leading participant in the new global economy, the right CEO in a
company can make all the difference. The demand is huge, and the supply is small; therefore, companies are willing to
pay for fear the CEOs will leave for another company.