4 ms·

The real issue should be the multiplier on CEO pay and boards. 300x or more is pretty obviously ridiculous. Hard work should be rewarding, but is anyone really

• airstrike 7y ago
  It's not about how hard you work, but how hard it is to find someone else to do that job. Anyone can deliver packages.
  • rapind 7y ago
    You're just describing our psuedo free market society. Why stop there? It's who you know, it's luck, it's timing, it's who you're paying off, it's who you're lobbying, it's how much money you already have, etc.
    • airstrike 7y ago
      I don't see how any of that refutes my claim. What's the value of the delivery guy's network? The CEO's presumably lets him achieve results that others can't. He can broker better deals, hire better talent, push for more favorable laws. That's value to the firm, to shareholders, hence better pay.
• stale2002 7y ago
  The difference between a good and a bad CEO might only change the value of a company by 1%. But it turns out that 1% of 100 billion dollars, is 1 billion dollars. The reason why CEOs get paid so much is not because of how hard they work, it is because the effect of their actions is massive, and eaking out that extra 1% is worth it.
  • deleted 7y ago
    [deleted]