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Yeah, I guess you're right. The CEO has the retention/switching costs amortized in their salary unlike probably the entire rest of the company. A company might
by lesuorac 3y ago
Yeah, I guess you're right. The CEO has the retention/switching costs amortized in their salary unlike probably the entire rest of the company.
A company might take a 30k hit letting a 50k/yr employee walk away but they won't raise their salary to 56k to keep them from walking. But w.r.t. a CEO they will raise their salary from of 5M to 17M so that investor confidence won't tumble by them quitting.