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It's good value for money if you can demonstrate that he's creating a hefty portion of the company's value. That may well be, but I see no good reason to assume
by wly_cdgr 5y ago
It's good value for money if you can demonstrate that he's creating a hefty portion of the company's value. That may well be, but I see no good reason to assume that just because he is the CEO he is actually demonstrably responsible for creating 10x the value of an average Apple employee, never mind 100x or 1000x+. What evidence exists to show that he has made the company any money at all?
- WalterBright 5y agoOne way to find out is to have all the underpaid employees quit and form an Apple competitor, Pear, and see how well that does. (This is not an unreasonable suggestion. People quit and start their own companies all the time. Some prove they were underpaid, some prove they were overpaid.)
- wly_cdgr 5y agoHehehe. But how do you know who is underpaid! The same question I was asking about Cook applies to every employee. ...But it feels reasonable to impose at least a somewhat higher burden of proof when someone is about to get paid such a large multiple of the average