Comment on unnecessary expense
PyroNeurosis@lemmy.blahaj.zone 11 months agoIf you aren’t interested in knowing how and why CEOs get paid
Sure, I’ll bite: Why are we paying CEOs such exorbitant salaries while the workforce struggles?
Comment on unnecessary expense
PyroNeurosis@lemmy.blahaj.zone 11 months agoIf you aren’t interested in knowing how and why CEOs get paid
Sure, I’ll bite: Why are we paying CEOs such exorbitant salaries while the workforce struggles?
dragontamer@lemmy.world 11 months ago
The board of directors is doing so. And they do so because the board follows the will of the shareholders. And the shareholders ultimately decide the fate of companies.
But that won’t fit in a simple meme will it?
PyroNeurosis@lemmy.blahaj.zone 11 months ago
The goal of the shareholders is to pay huge sums to the C-suite? That seems at odds with maximizing dividends for themselves.
dragontamer@lemmy.world 11 months ago
Because today’s hero worship culture makes the mass of shareholders believe that these CEOs have skills that cannot be replicated by cheaper labor.