2 ms·
Assuming salary maps to value add, let's say if the CEO is worth 300x the secretary, he needs 300 secretaries.
by hkt 4y ago
Assuming salary maps to value add, let's say if the CEO is worth 300x the secretary, he needs 300 secretaries.
- bumby 4y agoI'm not sure if this comment was meant tongue-in-cheek, but wouldn't this assume the administrative overhead scales on a linear 1:1 ratio with the CEO's value? If a engineer's value is 2x another's, it doesn't necessarily mean the former uses, say, 2x the electricity/copier machine/office space. But maybe that was your point and I'm being dense.
- hkt 4y agoI was more making the point that CEO salaries are crazy and unjustifiable, to be honest.