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Our CEO makes 120.000 € a year. Revenue about 2.000.000 € There are employees that make more than him, but no one is close to 200.000 €. Personal is our biggest
by throwawayo 4y ago
Our CEO makes 120.000 € a year. Revenue about 2.000.000 €
There are employees that make more than him, but no one is close to 200.000 €. Personal is our biggest expense.
I earn a decent living and can afford a house and two kids and a stay at home wife in Central Europe with 74.000 € (Project Manager / DevOp / Admin).
Cost of living must be insanely high in the U.S. For me, these numbers are so high - I can't imagen what someone would do with all this money.
- gedy 4y ago> Mostly housing and trying to self fund retirement for 20-30 years.
- rjbwork 4y agoSave/invest so that I can escape the rat race before I'm too hold to do anything I actually want to do with my time.
- triceratops 4y ago> Cost of living must be insanely high in the U.S It's really not, especially if you have good health insurance through work. You can splurge and live life on a grand scale, or sock away generational wealth on American tech salaries.
- dschndstr 4y agoThere are tax reasons for lowish CEO pay. You get income just up to the highest tax bracket (~120000 eur for married single income in Germany) and funnel the rest through dividends into a holding entity.
- tasuki 4y ago> I can't imagen what someone would do with all this money. Either splurge or save.
- lotsofpulp 4y ago> Cost of living must be insanely high in the U.S. For me, these numbers are so high - I can't imagen what someone would do with all this money. First is secure yourself with fuck you money so you do not need to sell your labor to procure the things you want, especially shelter (land), food, water, energy, healthcare, and education. Second is play the game against other high earners. Get involved in other businesses or politics, etc.