RE: CEOs work harder every hour than their wage slaves do every season.
January 26, 2014 at 8:36 pm
(January 26, 2014 at 8:16 pm)Tiberius Wrote: Depends on what you mean by "deserve". Did they do a large enough amount of work as a CEO to merit such a large amount? Probably not. Do they deserve to keep it? Yes.
If they don't merit it, why do they deserve to keep it?
Quote:CEO's get paid large amounts; it's the way things are, mainly because there are precious few CEOs, and even fewer good CEOs. Running a large corporation isn't a job that just anyone could do; most of us (myself included) would fail if we tried it.
It's not nearly as difficult as many jobs which pay far less. Ever see that video of people climbing a 1700 ft. radio tower to do repairs? Most people wouldn't even be capable of attempting it. There are tons of jobs that most people couldn't do, many of which are ultimately more important, and almost none of them get eight digit paychecks.
Quote:The good news though, is that you can directly influence the amount of money a CEO gets paid. Just stop buying products / services from their company, and get enough people to do the same.
Very frequently not a plausible solution in the real world.
