2 ms·
Do you really think that the .1% of gross profits that go to a CEO makes one speck of difference in the large picture? Interesting... do you have any citations
by ph0rque 18y ago
Do you really think that the .1% of gross profits that go to a CEO makes one speck of difference in the large picture?
Interesting... do you have any citations? (I am genuinely curious, not looking to continue an argument.)
- DanielBMarkham 18y agoI confess to pulling that one out of my ass. I'd be curious to see some stats too. But using common sense (which always isn't so good a guide) can you imagine being a board of directors that approved the CEO making 10 percent of profits? You'd have to be an idiot. (Unless he were also a founder and controlled the board) Not that boards are very popular right now -- but I don't think they're that dumb. I came up with that figure using an imaginary $10 Billion company paying their execs in the tens of million range, which seems reasonable to me.