3 ms·
I've always been of the opinion that overpaying CEOs and top level management has little or no benefit, despite it being the accepted norm, so its good to see e
by jheriko 16y ago
I've always been of the opinion that overpaying CEOs and top level management has little or no benefit, despite it being the accepted norm, so its good to see evidence of that in some data. :)
- ericd 16y agoIt lets you keep the ones that could make more elsewhere... there's a competitive market for the best CEOs, which is why they make what they do.
- hugh3 16y agoOn the other hand, at the startup level a CEO is planning to get rich by his stock options, not his salary. So if entertaining multiple offers he'll choose whichever one he thinks he thinks he's more likely to turn into a billion-dollar company, not whichever one offers him an extra $50K.
- ericd 16y agoI agree with you in the case of the hot CEOs at the aggressive VC-funded startup level, it seemed like the parent of my first comment was referring to really well paid CEOs, of which I don't think there are many to be found at the startup level.