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This is a myth. What about the employees? We are also getting vastly more done with vastly less. Why is it only the CEO's that are seeing the benefit of scal
by danssig 15y ago
This is a myth. What about the employees? We are also getting vastly more done with vastly less. Why is it only the CEO's that are seeing the benefit of scale here.
The reason the salary increase has been concentrated on the top and nearly ignoring everyone else is exactly what the parent said: these people are on each other's boards.
- hessenwolf 15y agoI would argue the difference between a great CEO and a mid-level manager is closer to negligble by far than their salaries. I wonder more recently if we should force more re-distribution, through tax or otherwise. Not because I am hippy (or not going to be a squillionaire myself), but because I doubt the capacity of the top CEO to allocate his capital wisely.