3 ms·
I wonder how many more jobs would actually be created if CEOs pay was funneled into R&D or expansion or how many job cuts would have been avoided through the ye
by mywacaday 9y ago
I wonder how many more jobs would actually be created if CEOs pay was funneled into R&D or expansion or how many job cuts would have been avoided through the years
- harryh 9y agoIn 2016 GE (for example) spent 5.5 billion on R&D. Their CEO Jeffrey Immelt made about 20 million. I don't think a 0.363% increase in the R&D budget would make much of a difference.
- waisbrot 9y agoSo, if I could hire 20 researchers and spend $1m/year each on their salaries and equipment... your guess is that I would accomplish nothing?
- topgunsarg 9y agoIf you couldn't have managed that with $5.5Bn then why does an extra $20M help?