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Because this is too much of a difference, and these usually lead to happenings like 1793 France. It's not my saying, it's what history is indicating.

by pmlnr 9y ago

manigandham 9y ago
The French revolution? That really doesn't apply here. You can't just compare 1 salary against another - this job comes with responsibility for thousands of employees with large risk and control factors which are mirrored in the pay. It's also not done in isolation as the shareholders and board have to agree that this is a valid amount.
- pessimizer 9y ago
  > You can't just compare 1 salary against another Yes, you can.
  - manigandham 9y ago
    and that gets us nowhere beyond simplistic sensationalism.
- soVeryTired 9y ago
  Risk? Come on. CEO loses their job and maybe they have to downsize to a million dollar home if they've been managing their money right. Rank and file employee loses their job and suddenly they have no health insurance and are struggling to make rent. Who's really running more risk?
  - manigandham 9y ago
    That's not related to this at all. Anyone can lose their job and obviously having more money makes it easier to deal with. This job (which has nothing to do with the person who inhabits the position) pays so much because comes with risk and responsibility to make sure the company earns value while protecting the livelihoods of all those other employees. The amount offered is what the market and the board has determined it takes to fill that position. Many people do not want to and would not be able to run a company of this magnitude with the pressures involved.
    - soVeryTired 9y ago
      Can you be specific about what you mean by risk though? Because I think it's clear that you're not talking about personal risk.
    - deleted 9y ago
      [deleted]
logicchains 9y ago
The French didn't rise up and decapitate their royal family because some people in France were very rich; they decapitated the aristocracy for taxing them to starving point and spending it on their own luxury rather than on anything useful for the people. High-paid CEOs like Marissa Meyer aren't harming or stealing from Joe Public, the only people they're potentially hurting is shareholders (and maybe employees if they destroy the company). I myself can't think of any point in history where people rose up in revolution and overthrew the government just because "some people here are very rich".

Because this is too much of a difference, and these usually lead to happenings like 1793 France. It's not my saying, it's what history is indicating.

by pmlnr 9y ago

Because this is too much of a difference, and these usually lead to happenings like 1793 France. It's not my saying, it's what history is indicating.

manigandham 9y ago

The French revolution? That really doesn't apply here. You can't just compare 1 salary against another - this job comes with responsibility for thousands of employees with large risk and control factors which are mirrored in the pay. It's also not done in isolation as the shareholders and board have to agree that this is a valid amount.

pessimizer 9y ago
> You can't just compare 1 salary against another Yes, you can.
- manigandham 9y ago
  and that gets us nowhere beyond simplistic sensationalism.
soVeryTired 9y ago
Risk? Come on. CEO loses their job and maybe they have to downsize to a million dollar home if they've been managing their money right. Rank and file employee loses their job and suddenly they have no health insurance and are struggling to make rent. Who's really running more risk?
- manigandham 9y ago
  That's not related to this at all. Anyone can lose their job and obviously having more money makes it easier to deal with. This job (which has nothing to do with the person who inhabits the position) pays so much because comes with risk and responsibility to make sure the company earns value while protecting the livelihoods of all those other employees. The amount offered is what the market and the board has determined it takes to fill that position. Many people do not want to and would not be able to run a company of this magnitude with the pressures involved.
  - soVeryTired 9y ago
    Can you be specific about what you mean by risk though? Because I think it's clear that you're not talking about personal risk.
  - deleted 9y ago
    [deleted]

logicchains 9y ago

The French didn't rise up and decapitate their royal family because some people in France were very rich; they decapitated the aristocracy for taxing them to starving point and spending it on their own luxury rather than on anything useful for the people. High-paid CEOs like Marissa Meyer aren't harming or stealing from Joe Public, the only people they're potentially hurting is shareholders (and maybe employees if they destroy the company). I myself can't think of any point in history where people rose up in revolution and overthrew the government just because "some people here are very rich".