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CEO pay means nothing. What matters is how much good they do per dollar. I'm sure the amount of money they receive each year is available somewhere, and they'll
by natrius 17y ago
CEO pay means nothing. What matters is how much good they do per dollar. I'm sure the amount of money they receive each year is available somewhere, and they'll be happy to tell you what they've accomplished with it. Compare that to other organizations instead of assuming they're ineffective because they think it's worthwhile to pay their CEO well.
The magnitude of CEO pay in the private sector is similarly a non-issue, but please keep my opinion on that to yourselves, lest the pitchforks be redirected toward me.
- kqr2 17y agoYou're right that CEO pay doesn't mean that much in the scheme of things especially if they increase the effectiveness of the organization, but it's an issue that concerns people who make a lot less and are deciding where they should donate their hard earned dollars. http://www.slate.com/id/2220596 http://www.slate.com/id/2220596 Non-profits also use their allure of helping others to recruit and often pay rank and file employees less than market rate wages (see some comments in the slate article). For example, doctors who work for these organizations could likewise be making $100's of K per year. Some doctors also work much harder than their market counterpart, performing more surgeries under difficult conditions.
- Retric 17y agoI suspet the CEO is getting a lower percentae of market rate than the average doctor working for the red cross.