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Pay is determined by supply and demand, not just how difficult it is to provide the supply. And what determines the good pay of tech workers & CEOs is their BA
by novok 4y ago
Pay is determined by supply and demand, not just how difficult it is to provide the supply. And what determines the good pay of tech workers & CEOs is their BATNAs. To hire a CEO of a top tech company, you essentially have to be a better offer than the EV of them starting their own firm with copious amounts of venture capital out there and them out competing you with the efficiencies that come from startups. That is what big-corp tech CEO pay has essentially stabilized on.