Comment on What should determine the pay of CEOs?
OhScee@lemmy.ml 2 years ago
I feel like it should have to be no more than a percent higher than the lowest paid employee
Comment on What should determine the pay of CEOs?
OhScee@lemmy.ml 2 years ago
I feel like it should have to be no more than a percent higher than the lowest paid employee
DPUGT2@lemmy.ml 2 years ago
I can tell it's the feelings part of you that is saying this, because the thinking part might instead realize that CEOs aren't even compensated in that way.
Bezos, for instance, only "earns" $80,000/year. That's his paycheck.
Most CEOS get the bulk of their compensation through stock, though there are many other lesser forms as well. (Cars, jets, homes, etc.)
OhScee@lemmy.ml 2 years ago
I was merely offering a max out for a CEO’s maximum salary. Obviously starting factors like family wealth and investment ownership play a role, but those are harder to moderate on a legal level.