3 ms·

C-level pay would go through the roof if they also had to deal with potential jail time.

• ocdtrekkie 7y ago
  Isn't it already there? Right now the compensation for C-level vastly outstretches the actual requirements of the job or risks taken.
  • jnordwick 7y ago
    It would go way waaay higher. Especially for large corporations where there is probably always somebody at some level trying something shady. I could easily see it go 10x for the largest corporations. Trying to make C-level officers criminally responsible for others' behavior at the corporation would basically push the pay gap much wider. Even for small companies, executive pay would at least double. And that isn't just going to come out of profits. The lower wage earners will take a hit too, especially if they have to be watched all the time. And none of that "if you don't trust them then don't hire them" bs. Do you realize how difficult that would make finding a job? Your background would be gone through with a fine tooth comb. I don't think supporters of this are thinking it through nearly enough. This would be the mother of all unintended consequences.
    • ocdtrekkie 7y ago
      I would refer you to my other comment, here: https://news.ycombinator.com/item?id=22593932 https://news.ycombinator.com/item?id=22593932