3 ms·
If you pay a CEO $3,000,000/year, because otherwise he would leave and get paid that at another company (making that other company more successful than your com
by buzzerbetrayed 7y ago
If you pay a CEO $3,000,000/year, because otherwise he would leave and get paid that at another company (making that other company more successful than your company) then you aren't "artificially inflating" his pay. You are paying him what the market demands.
- bumby 7y agoI don’t disagree but I think the argument you would typically find is that the value they bring is as symmetrical with pay. I can find someone on my parents couch who can’t be hired for $100k/yr. That doesn’t mean they are worth that much to the economy