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I'm confused. You really think a C-level exec is thinking the way you just described?
by darkerside 5y ago
I'm confused. You really think a C-level exec is thinking the way you just described?
- verve_rat 5y agoI'm assuming C-levels get paid a butt load with the expectation they will do whatever it takes. They are doing what they are paid for. If I get offered tens of millions of dollars a year I would also consider putting in more than a 40 hour week. But I don't, so I don't.
- rjbwork 5y agoProbably not...c-level execs are usually owners of the business.
- suifbwish 5y agoAh The life of the C level, making commits directly to master and running your IDE with the brightest whitest background your monitors game mode can produce.
- s1artibartfast 5y agoThe C-level distinction is irrelevant. The question is business owner or not. While some CEOs are also business owners, many are not, particularly for publicly traded companies. If you are the owner of a startup, constancy, or plumbing company you put in the hours you want to maximize company profit. It is your profit! If you are an employee, (CEO or otherwise), you put the hours you want to maximize your compensation. If putting in 80 hours vs 40 hours has no impact on your pay stub, don't do it. you don't keep the extra profit...
- darkerside 5y agoIt was just an example, not a distinction. But most C-levels do have nontrivial equity in their company.
- s1artibartfast 5y agoYeah that's totally true. They often get huge equity packages so they behave more like the owners and less like employees. I think this underscores the situational incentive differences between owners and normal employees. As a rank-and-file employee, if I put in 2x to work, I don't see to the profit. That extra profit or efficiency goes to the major equity holders and owners.