Incentive compensation can be a reward when things go well, but it can also be an effective way to hold people accountable as well. If you aren't concerned with holding management accountable, then I'm sure Arpey, et. al. would be happy to take a flat pay increase of 100% instead.
$700,000/year isnt enough incentive to do your job?
Funny but the pro-management people here expect people who get far, far less than that to do their job.
Funny but we were doing our jobs and the boys at the top screwed up, we took massive paycuts but you seem to feel that those guys should be rewarded.