3 ms·
The average tenure of corporate CEOs is what <7 years? Why the hell would you intentionally cut your pay knowing you have a short half in the gig and for doing
by kcplate 3y ago
The average tenure of corporate CEOs is what <7 years? Why the hell would you intentionally cut your pay knowing you have a short half in the gig and for doing the job you were hired to do?
- somsak2 3y agohow long do regular workers stay on average at a company? 7 years is a pretty long time
- kcplate 3y agoMost regular workers leave generally it’s on their own accord. When a corporate CEO leaves, it’s generally because they are fired. If I am working for a company where the role I am in has a statistical likelihood that I will be fired in the near future, I am going to take every comp dollar I can get and not offer any compensation sacrifices for optics sake.
- jjeaff 3y agoFor some people, enough money is enough money and you start to think about your legacy. Or maybe your coworkers that toil for so much less. Will another $200m make any difference at all for someone with that kind of money?
- mrpopo 3y agoThose people don't end up at the top mostly. You need a unending thirst of money and power to make it as CEO of Google and stay there. The same happens in politics actually.