Yeah but like… so what? Hire someone who’s good at the job for a reasonable rate. Let your competitors blow millions on high comp CEOs, and invest that money you saved in your business.
Except that’s a joke - it’s all a circle jerk where the ownership class pays themselves well.
No, I’m saying the board (or whoever hires the CEO) should pay less, and take someone qualified who would accept it. You don’t see software engineers making six million a year, because that’s not good value for the money. But as I said, it’s a joke- the rich have class solidarity like no one else. They look out for their own.
Yeah but like… so what? Hire someone who’s good at the job for a reasonable rate. Let your competitors blow millions on high comp CEOs, and invest that money you saved in your business.
Except that’s a joke - it’s all a circle jerk where the ownership class pays themselves well.
If you’re good at your job, you’d ignore competitors offers of much more money to do the same thing but in a nicer chair?
No, I’m saying the board (or whoever hires the CEO) should pay less, and take someone qualified who would accept it. You don’t see software engineers making six million a year, because that’s not good value for the money. But as I said, it’s a joke- the rich have class solidarity like no one else. They look out for their own.
Most CEOs don’t produce much of value.