Evaluation of compensation package

Evaluation of compensation package

Introduction

CNN rewarded John chamber as the 25th most powerful person. On the other hand, Time magazine include him in the list of 100 most influential people. Cisco is one of the leading networking companies working and progressing under the strong and able leadership of John Chambers. Chamber joined Cisco as a senior vice president in 1991. Despite of the greatest revenues the company is planning to cut 10,000 jobs this year whereas, on the other hand the compensation of the CEO in 2011 was $12.9 million.

Discussion

According to Chris Nerney, Johan Chamber climbs up in the ...