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2. Yes, I would like to see them get paid on performance but it just ain't gonna happen if we expect to see people earn no salary for bad years. If that was the case, we would all be working for free this year...from the CEO who makes the decisions right down to the engineers who's code fails or sales people who don't make quota.
An interesting point, but is it really appropriate to compare the CEO with sales persons and engineers? Surely the job of an exec team is to know their markets and protect the future of the company - from the tone of this discussion, it sounds like those at LU (and Ciena?) have failed to do so. I suspect that an engineer who writes no working code, or a sales person who sells nothing would not be around for long - working for free or not. Why is the performance of exec's (apparently,) not subject to the same scrutiny?