3 ms·
> How is that? The board sets the CEO salary, not the other employees. If you pay someone disproportionately higher than others in the same team, what message
by pkphilip 3y ago
> How is that? The board sets the CEO salary, not the other employees.
If you pay someone disproportionately higher than others in the same team, what message are you sending to others in the team? When a CEO goes with that decision, they are devaluing their own team
- refurb 3y agoI would say there are a ton of factors that influence how much a CEO gets paid. I worked for a large corporation and the CEO makes at least 100x what I do, but she is also running a company of 150,000 employees, so I don't feel devalued at all. I'm paid quite well.
- pkphilip 3y ago100x is nothing these days. Now the ratio is 399:1 or thereabouts.. and often even higher. Of course, there is no perfect ratio - but there is a point at which it becomes obscene. It varies from organization to organization.