Triple Talk

So. The Securities and Exchange Commission ask companies to be more transparent in how executive compensation is calculated. So what do the companies do?

For example, this is how Adobe explains it: "Target Bonus x Unit Multiplier x Individual Results." That seems simple enough, but then goes the definition of what "unit multiplier" means: "Derived from aggregating the target bonus of all participants in the Executive Bonus Plan multiplied by the funding level determined under the funding matrix …" And after all that, Adobe's five top executives got the exact same unit multiplier, which (shockingly!) was the maximum number possible.

At least Adobe is still making a profit, unlike the enormous bonuses given to other executives who's companies are going in the tank.