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You're mixing issues, though. He (and other CEOs, and other execs) will make a shit-load of money for very little "hard work" every day of the week, even while

You're mixing issues, though. He (and other CEOs, and other execs) will make a shit-load of money for very little "hard work" every day of the week, even while making bad or terrible decisions. There was nothing ever "fair" about exec compensation, if that's what you ever hoped to find.

arcticbunny 4y ago
Very little hard work? Are you a CEO or ever ran a company? It’s not easy
LewisVerstappen 4y ago
The world doesn’t pay anyone based off “hard work”? Do you think programmers who sit in a chair all day deserve to be paid 5x what a coalminer makes?
- khazhoux 4y ago
  Ha, we actually agree. I originally wrote something to that effect in my comment, but deleted for brevity. As I noted in another comment, it's never lost on me that I make 10-20x what my siblings in non-tech in the midwest make in a year, and I just sit in front of my laptop all day. (and my stock can easily go up in one day, by more than they make all year). So... yeah.
- gernb 4y ago
  Mostly I do. Anyone can be a coal miner. Just show up and start digging. I'm not saying coal miners don't have their expertise and maybe their salary would go up if no one wanted to do the job but "in general" you get paid by how hard it is to find someone qualified to do the job. All these companies are in layoff mode but because they are trying to be frugal during the recession but none of them actually want to layoff that talent, each of which was one of 100 or of 1000 resumes sent to the company. Google gets 3 million applications a year and still has trouble finding people that can do the jobs they're hiring for. Queue rant about how the interviewing process sucks. Maybe it does, but of the people I've interviewed only about 1 in 10 is a clear "yes, this person can code well", 2 are "probably ok" and 7 are "based on the performance/style/etc... from the leetcode question I wouldn't let you near my code base..... maybe you'd rock but you didn't show me you'd rock. You made all kinds of basic mistakes that makes it seem like you don't actually code much or you write lots of bugs. Sorry, I was totally routing for you. I would 100% love to hire you but you failed to show me you can code". That's irrespective of if they "solved it".
  - fsckboy 4y ago
    > "in general" you get paid by how hard it is to find someone qualified to do the job weighted by how much people are willing to pay for the work product you create It's probably really hard to find glassblowers these days. But, people don't want to buy that much handblown glass either. (and before anybody says "I'd love to drink water out of hand blown glass!", remember opportunity costs: training glassblowers is probably straightforward but the projected value of their work does not support training them to blow glass considering they could train to do something in higher demand, so these potential glassblowers would want a high enough wage that you'd still settle for getting your drinking water glasses from Target)
gernb 4y ago
CEOs general work harder than workers. They're on 24/7. I don't think I'd ever want to be a CEO of a company as big as Google. They have to deal with 100s of teams as well as 100s of outside companies, governments, etc, all over the world. I really doubt they have it "easy"
- metadat 4y ago
  CEO's job is mostly to convince you of how valuable they are. They set strategy and direction. They contribute 0% to the bottom line, so value is hard to measure due to too many variables Edit: Think about it. Sometimes a CEO's best move is to not mess something up. Other times, the best move is to take drastic measures. It's a rare blend that makes a good CEO for a given situation. I'm not saying Steve Jobs sucked. He was an outlier.
  - danielmarkbruce 4y ago
    Steve Jobs seems to have taken a company worth about 0 to be a company worth hundreds of billion. Some CEOs are valuable.
  - fourseventy 4y ago
    I'm sorry but this is just delusional.
  - khazhoux 4y ago
    If you believe that a bad manager can sink a project and a bad CEO can sink a company by making the wrong decisions, then you kinda have to accept the flip side too.
  - chrismcb 4y ago
    A bad CEO can kill a company. A good CEO can help make a company huge. Saying they contribute 0% to the bottom line is just wrong.
  - metadat 4y ago
    Follow-up: With fresh eyes today, i disagree with the statement I wrote. I was definitely wrong, my bad.
wereallterrrist 4y ago
It's really something to watch people struggle to shrug off the cognitive dissonance and just... realize some things that some others have been preaching for a while, that's all I'll say. Maybe 2022's unexpected doses of increased class consciousness is going to extend in 2023. (Of course it is, post-pandemic trends only show signs of increasing, strap in!)

arcticbunny 4y ago

Very little hard work? Are you a CEO or ever ran a company? It’s not easy

LewisVerstappen 4y ago

The world doesn’t pay anyone based off “hard work”? Do you think programmers who sit in a chair all day deserve to be paid 5x what a coalminer makes?

khazhoux 4y ago
Ha, we actually agree. I originally wrote something to that effect in my comment, but deleted for brevity. As I noted in another comment, it's never lost on me that I make 10-20x what my siblings in non-tech in the midwest make in a year, and I just sit in front of my laptop all day. (and my stock can easily go up in one day, by more than they make all year). So... yeah.
gernb 4y ago
Mostly I do. Anyone can be a coal miner. Just show up and start digging. I'm not saying coal miners don't have their expertise and maybe their salary would go up if no one wanted to do the job but "in general" you get paid by how hard it is to find someone qualified to do the job. All these companies are in layoff mode but because they are trying to be frugal during the recession but none of them actually want to layoff that talent, each of which was one of 100 or of 1000 resumes sent to the company. Google gets 3 million applications a year and still has trouble finding people that can do the jobs they're hiring for. Queue rant about how the interviewing process sucks. Maybe it does, but of the people I've interviewed only about 1 in 10 is a clear "yes, this person can code well", 2 are "probably ok" and 7 are "based on the performance/style/etc... from the leetcode question I wouldn't let you near my code base..... maybe you'd rock but you didn't show me you'd rock. You made all kinds of basic mistakes that makes it seem like you don't actually code much or you write lots of bugs. Sorry, I was totally routing for you. I would 100% love to hire you but you failed to show me you can code". That's irrespective of if they "solved it".
- fsckboy 4y ago
  > "in general" you get paid by how hard it is to find someone qualified to do the job weighted by how much people are willing to pay for the work product you create It's probably really hard to find glassblowers these days. But, people don't want to buy that much handblown glass either. (and before anybody says "I'd love to drink water out of hand blown glass!", remember opportunity costs: training glassblowers is probably straightforward but the projected value of their work does not support training them to blow glass considering they could train to do something in higher demand, so these potential glassblowers would want a high enough wage that you'd still settle for getting your drinking water glasses from Target)

gernb 4y ago

CEOs general work harder than workers. They're on 24/7. I don't think I'd ever want to be a CEO of a company as big as Google. They have to deal with 100s of teams as well as 100s of outside companies, governments, etc, all over the world. I really doubt they have it "easy"

metadat 4y ago
CEO's job is mostly to convince you of how valuable they are. They set strategy and direction. They contribute 0% to the bottom line, so value is hard to measure due to too many variables Edit: Think about it. Sometimes a CEO's best move is to not mess something up. Other times, the best move is to take drastic measures. It's a rare blend that makes a good CEO for a given situation. I'm not saying Steve Jobs sucked. He was an outlier.
- danielmarkbruce 4y ago
  Steve Jobs seems to have taken a company worth about 0 to be a company worth hundreds of billion. Some CEOs are valuable.
- fourseventy 4y ago
  I'm sorry but this is just delusional.
- khazhoux 4y ago
  If you believe that a bad manager can sink a project and a bad CEO can sink a company by making the wrong decisions, then you kinda have to accept the flip side too.
- chrismcb 4y ago
  A bad CEO can kill a company. A good CEO can help make a company huge. Saying they contribute 0% to the bottom line is just wrong.
- metadat 4y ago
  Follow-up: With fresh eyes today, i disagree with the statement I wrote. I was definitely wrong, my bad.

wereallterrrist 4y ago

It's really something to watch people struggle to shrug off the cognitive dissonance and just... realize some things that some others have been preaching for a while, that's all I'll say. Maybe 2022's unexpected doses of increased class consciousness is going to extend in 2023. (Of course it is, post-pandemic trends only show signs of increasing, strap in!)