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The same could be said for any other employees. Programmers, warehouse workers or whatever. Some programmers, maybe, but very few could move large company's re
by blfr 11y ago
The same could be said for any other employees. Programmers, warehouse workers or whatever.
Some programmers, maybe, but very few could move large company's revenue by 10%. And almost certainly no one moving physical stuff around in a warehouse could.
- falcolas 11y ago> no one moving physical stuff around in a warehouse could [move large company's revenue by 10%] Sure they could. They're the feet on the ground, so to say, and so they have the best insight into inefficiencies which are occurring on a day-to-day basis. You can bet it wasn't a CEO who discovered UPS' "only make right turns" trick. Or Bezos who optimized Amazon's warehouses. A 10% reduction in costs is very realistic for these kinds of finds, and those reduction in costs are worth more than a 10% increase in revenue.
- pitay 11y agoI was referring to the amount of money the employee makes for the company. Does the employee get near what they make the company? I doubt it. Does the company need to pay the employee near what they make the company? No. So a company does not need to pay the CEO the difference that they supposedly make the company. They just need to pay what someone will accept to do a similar job (I am not saying worse in any way), just like other employees.