4 ms·
>> Higher salaries mean less profit. It’s just how the game works. This is a false premise. As a counter argument it would be easy for a rational CEO to pay hi
by neosat 5y ago
>> Higher salaries mean less profit. It’s just how the game works.
This is a false premise. As a counter argument it would be easy for a rational CEO to pay higher salary if the net incremental ROI on that salary is positive.
Then there are second order benefits. A players attract A players, and so on. So you have to also consider the non-financial ROI on the higher salary to attract the best talent.
There is a reason why the top companies are willing to pay higher salaries ...