4 ms·
> CEO salaries should be understood in relationship to the resources that they control. Why? In every other case we’re told wages are set by how much it takes
by hotnfresh 3y ago
> CEO salaries should be understood in relationship to the resources that they control.
Why? In every other case we’re told wages are set by how much it takes to get someone who can do the job to accept the position. What the company gets out of that person’s work sets a cap on potential compensation, but doesn’t set the actual amount paid.
- csharpminor 3y agoBecause understanding CEO pay as a product of organization incentives shows just how futile shaming companies into lower CEO pay is. Just tax the CEOs more and let companies pay what they want.