3 ms·
This is a very misguided metric. A CEO Of a small company with 100 employees and $20MM annual revenue is going to be compensated very differently from a CEO of
by stmfreak 9y ago
This is a very misguided metric. A CEO Of a small company with 100 employees and $20MM annual revenue is going to be compensated very differently from a CEO of a giant company with 200,000 employees and $40B+ in annual revenue. Although their line workers may have similar skills, jobs, and compensation. A 1000x ratio may be too much for the small company CEO and way too little for the giant company's CEO.
Fortunately, shareholders can dedcide and influence each company's Board. There is no need for the government to get involved unless politicians are trying to raise another witch hunt for distracting peasants.