this post was submitted on 03 Oct 2023
99 points (95.4% liked)
Asklemmy
43947 readers
909 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- [email protected]: a community for finding communities
~Icon~ ~by~ ~@Double_[email protected]~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
CEO compensation vs employee compensation.
CEO pay has skyrocketed in comparison to the pay of the employees, this needs to change.
Why is that an issue? If they are the founder of the company I think they deserve it, and if not, there must be some logical reason why they pay that person so much...
I think they're saying it's an issue specifically in reference to how employee wages have grown in comparison. If we look at previous decades, you'll see that CEO and other executive level pay has increased substantially, and has absolutely left employee pay in the dust. That isn't to say people shouldn't be paid more for a good or important job, but we should probably be keeping a watch to ensure those with plenty don't take even more from those with little. And if those at the top are taking more, historically, than their fair share, then that needs brought in line.
This is a very good response. Thanks for writing.
Iโd bet most people can get behind the idea that those in leadership positions or saddled with greater responsibility should be compensated more. The issue for me is the magnitude of that compensation.
If they are the founder, they are likely not a public company yet and can grant themselves stock at great rates. Most do-ers aren't CEOs, they are busy doing.