3 ms·

It's not that they do little, it's just that they don't deserve this when the people under them effectively foot the bill in lack of pay raises.

sharemywin 3y ago
why should a CEO get a bonus if they just fired people?
- avgDev 3y ago
  Probably because they could potentially be saving the company money. I will probably get downvoted for this but companies don't care about people. They might make it seem like they care but they don't. If a company decides they can perform same or better by improving efficiency and cutting 10% of jobs that is a huge WIN for the business. CEOs are not there to make friends and be kind. Their job is to plan for the future of the company, not Bob slinging code in the back.
  - sharemywin 3y ago
    but didn't they steer the ship int he wrong direction in the first place? And if your the size of Amazon aren't you able to find things for them to do? Wouldn't more training help? I'm not talking about let someone go for cause.
    - avgDev 3y ago
      Retraining takes time and money. People are not always easy to retrain. People will be unhappy about any pay cuts. Sometimes it is best to let them go. CEO often cannot predict exactly what the economy will do and what the clients will do. Their decisions can be based on data but it doesn't mean they can predict the future. To be frank, I am not saying this is right or wrong. This is reality of business.
- Kranar 3y ago
  CEOs should get a bonus because they fired people when it was necessary. Otherwise a CEO would make the easy choice and not fire anyone and you end up with a corporate culture like Japan, where people are rarely ever fired and there are hoards of people glued to a job doing unproductive work. Firing people is a way to avoid a company's workforce from stagnating. It lets unproductive people in one environment find a new environment where they can meaningfully contribute. One should never avoid firing someone, instead what's important is ensuring that when someone gets fired that they aren't left destitute or desperate and that there's a path available to them to find new gainful employment.
  - mbfg 3y ago
    "instead what's important is ensuring that when someone gets fired that they aren't left destitute or desperate and that there's a path available to them to find new gainful employment." how does that happen? What's the SOP on that?
    - Kranar 3y ago
      Unemployment insurance and severance.

sharemywin 3y ago

why should a CEO get a bonus if they just fired people?

avgDev 3y ago
Probably because they could potentially be saving the company money. I will probably get downvoted for this but companies don't care about people. They might make it seem like they care but they don't. If a company decides they can perform same or better by improving efficiency and cutting 10% of jobs that is a huge WIN for the business. CEOs are not there to make friends and be kind. Their job is to plan for the future of the company, not Bob slinging code in the back.
- sharemywin 3y ago
  but didn't they steer the ship int he wrong direction in the first place? And if your the size of Amazon aren't you able to find things for them to do? Wouldn't more training help? I'm not talking about let someone go for cause.
  - avgDev 3y ago
    Retraining takes time and money. People are not always easy to retrain. People will be unhappy about any pay cuts. Sometimes it is best to let them go. CEO often cannot predict exactly what the economy will do and what the clients will do. Their decisions can be based on data but it doesn't mean they can predict the future. To be frank, I am not saying this is right or wrong. This is reality of business.
Kranar 3y ago
CEOs should get a bonus because they fired people when it was necessary. Otherwise a CEO would make the easy choice and not fire anyone and you end up with a corporate culture like Japan, where people are rarely ever fired and there are hoards of people glued to a job doing unproductive work. Firing people is a way to avoid a company's workforce from stagnating. It lets unproductive people in one environment find a new environment where they can meaningfully contribute. One should never avoid firing someone, instead what's important is ensuring that when someone gets fired that they aren't left destitute or desperate and that there's a path available to them to find new gainful employment.
- mbfg 3y ago
  "instead what's important is ensuring that when someone gets fired that they aren't left destitute or desperate and that there's a path available to them to find new gainful employment." how does that happen? What's the SOP on that?
  - Kranar 3y ago
    Unemployment insurance and severance.