this post was submitted on 13 Jan 2024
922 points (98.7% liked)
Technology
59708 readers
5367 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Why do you think lower paid CEO must be shitty? There turns out to be very little link between the CEO and CEO pay and the company performance... they are only paid a lot cause they are in the position of power to directly influence their salary.
Do you have a source for this?
broadly gestures at everything
Actually, I do... but do you really want the source or do you just want me to be wrong?
I would like to read more. Sorry if asking for a source made me sound closed minded.
And not because they have a much higher responsibility? As a CEO, it is your job to make sure a company makes a profit (unless you are a nonprofit, I guess you have some other goal you need to achieve). That is what you a pay a CEO to do. I assume you would pay more for someone who is able to turn a higher profit.