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I'm confused, do you agree with them earning 1000x more or not? Frankly if there was a legislative way to tone it down so it more accurately reflects their valu
by WilliamEdward 7y ago
I'm confused, do you agree with them earning 1000x more or not? Frankly if there was a legislative way to tone it down so it more accurately reflects their value at the company, i'd like that. Risk, equity, company status, all play an important role but they don't play 1000x the role of any other job.
- akozak 7y agoI don't know how much executives should be paid, but it does seem pretty high right now. (But it's generally equity so ¯\_(ツ)_/¯ )
- greggman2 7y agoI don't know how to feel about it. Some Japanese aquaintances have liked to point out that that the difference in salary between top execs and low-level employees is much smaller in Japan. I usually counter that IMO personal experience USA companies pay salaries 2x to 3x more than Japan so I don't really care the boss makes 1000x more given they're paying me more as well. I have no idea if that translates over the entire workforce though. As a software engineer, starting software engineers in Japan start at ~$25k a year. Same ballpark as fast food jobs.