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When your average CEO makes 200~300x more money than you, why should you be faithful? When you end up paying for executives screw ups and your salary is the fir

by msoad 11y ago

When your average CEO makes 200~300x more money than you, why should you be faithful? When you end up paying for executives screw ups and your salary is the first "cost" to cut of, why should one be faithful to Corporate America?

jessermeyer 11y ago
the CEO will not hesitate to fire you if it is in their best business interest. do not believe that being loyal to a company is accompanied equitably.
phamilton 11y ago
Why should you be faithful in any situation? The answer's the same: they pay sufficient amounts of money to compensate for the stress and effort.
- Raptor22 11y ago
  Define sufficient.
  - prawn 11y ago
    Surely it goes without saying that "sufficient" in that case is defined by each employee?
    - phamilton 11y ago
      And confirmed by the fact that they show up to work.
adventured 11y ago
The average CEO in America doesn't make 300x more than the average employee. That's nothing more than bad propaganda. The top several dozen CEOs in the S&P 500 or Fortune 500 are solely responsible for causing that claim, by dramatically swaying the average (and only within the top corporations). Not only is the median much lower among that group, but the average American CEO only makes single digits times what the average employee does. The average CEO is not running a top 50 corporation, they're running a small business with less than 50 to 100 employees.
- skuhn 11y ago
  In this case it's true. Marissa makes $40 million a year (in 2014) and the average engineer at Yahoo is about $130,000. Yahoo is not one of the top several dozen companies in the Fortune 500 either, it's at #561 and falling.
gozur88 11y ago
Faithful? What does that even mean in this context? "Faithful" is for your spouse, not your employer. It's a business arrangement. If it's not working out, you find another job. And your employer knows employee churn is a cost of doing business - they're not expecting you to be "faithful".

by msoad 11y ago

jessermeyer 11y ago

the CEO will not hesitate to fire you if it is in their best business interest. do not believe that being loyal to a company is accompanied equitably.

phamilton 11y ago

Why should you be faithful in any situation? The answer's the same: they pay sufficient amounts of money to compensate for the stress and effort.

Raptor22 11y ago
Define sufficient.
- prawn 11y ago
  Surely it goes without saying that "sufficient" in that case is defined by each employee?
  - phamilton 11y ago
    And confirmed by the fact that they show up to work.

adventured 11y ago

The average CEO in America doesn't make 300x more than the average employee. That's nothing more than bad propaganda. The top several dozen CEOs in the S&P 500 or Fortune 500 are solely responsible for causing that claim, by dramatically swaying the average (and only within the top corporations). Not only is the median much lower among that group, but the average American CEO only makes single digits times what the average employee does. The average CEO is not running a top 50 corporation, they're running a small business with less than 50 to 100 employees.

skuhn 11y ago
In this case it's true. Marissa makes $40 million a year (in 2014) and the average engineer at Yahoo is about $130,000. Yahoo is not one of the top several dozen companies in the Fortune 500 either, it's at #561 and falling.

gozur88 11y ago

Faithful? What does that even mean in this context? "Faithful" is for your spouse, not your employer. It's a business arrangement. If it's not working out, you find another job. And your employer knows employee churn is a cost of doing business - they're not expecting you to be "faithful".