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Old 11-16-2013, 05:43 PM
 
Location: Chicago
38,690 posts, read 88,986,117 times
Reputation: 29440

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As the value of major corporations have grown, so too has the responsibility placed on the person at the helm. This is particularly true as the CEO position has more and more become the "public face" of the company.

That said the board of directors who decide a CEO's pay are typically staffed by other current or former C-suite folks, and there's at least some conflict of interest in these people basically setting each others' salaries. It would be interesting to see what would happen to C-suite compensation of say-on-pay regulations were enacted.
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Old 11-16-2013, 05:45 PM
 
9,473 posts, read 5,883,559 times
Reputation: 2162
Quote:
Originally Posted by TheHurricaneKid View Post
Can you give us a reason why your skills or demand for your skills aren't up to par?
Hmmm?

Could you clarify what you're asking?
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Old 11-16-2013, 05:46 PM
 
29,419 posts, read 18,674,778 times
Reputation: 5437
CEO, CFO, etc etc etc...........liberals despise them all. Why??? Nobody knows. Liberals just think they do nothing and are stealing money from others which is what they are taught. Duh well if you took their salary and spread it out we would all be better off. Hey liberal how bout spreading YOUR salary out?? No liberal EVER thinks of doing that.
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Old 11-16-2013, 05:57 PM
 
18,537 posts, read 9,533,248 times
Reputation: 5178
Quote:
Originally Posted by TheHurricaneKid View Post
It's not whether or not I like it, I just wish to know what I am getting in return.
Are you a stockholder? If so, have you called the board or asked that question in the board meeting?

If you are not a stockholder, it's really none of your business!!!
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Old 11-16-2013, 06:43 PM
 
32,277 posts, read 26,131,295 times
Reputation: 18926
Quote:
Originally Posted by pnwmdk View Post
I am. I am a director of my own LLC and my own corporation.

The pay sucks, though.
apparently the boss hasnt seen fit to give you a raise? perhaps you need to suck up more, or get better jobs skills.
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Old 11-16-2013, 07:17 PM
Status: "Apparently not a person." (set 19 hours ago)
 
4,981 posts, read 3,262,678 times
Reputation: 3322
Quote:
Originally Posted by TheHurricaneKid View Post
They were, but, in recent times, the profession of the CEO has seen an increase in value much more than the average worker. What happened to the profession in recent times?
You'll never get an answer to this question. I've asked it numerous times across several forums. The answer is simply "because they want to".

It's kind of like asking: how is a company whose sole product is allowing you to type 140-character messages that other people can see worth $31 billion? Just because.
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Old 11-16-2013, 07:21 PM
 
11,618 posts, read 5,903,484 times
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Quote:
Originally Posted by Frank DeForrest View Post
A ceos salary shouldn't be judged any different than that of a ditch digger.
Jealousy perhaps?
Could be gold diggers.

Hurricane Kid meets Captain Kidd?
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Old 11-16-2013, 07:51 PM
 
Location: Columbus, OH
3,039 posts, read 2,161,335 times
Reputation: 826
A CEOs salary should increase when the economy is bad.

It's simple. When the economy tanks it is very easy for a company to go out of business. Every decision becomes that more amplified and important to the overall health and future of a company.

A company can afford to make some mistakes when the economy is booming, not so much when profits are down. One bad decision in a crappy economy could easily shut the doors permanently.

In order to attract the absolute best of the best among CEO candidates ( a very limited pool) a company must pay top dollar. This is done in order to ride out the bad economy.

Am I the only one that has figured this out?
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Old 11-16-2013, 08:07 PM
 
18,537 posts, read 9,533,248 times
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When you give $100 to the person you have hired to mow your lawn, which is about 5 times other lawn-mowing persons make, would you want me to say "Wait a minute! You shouldn't give him that much money!"
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Old 11-16-2013, 09:39 PM
Status: "Apparently not a person." (set 19 hours ago)
 
4,981 posts, read 3,262,678 times
Reputation: 3322
Quote:
Originally Posted by lifeexplorer View Post
When you give $100 to the person you have hired to mow your lawn, which is about 5 times other lawn-mowing persons make, would you want me to say "Wait a minute! You shouldn't give him that much money!"
Well, it might at least warrant a question of WHY you are giving him five times what the other lawn people make. That's what the OP is asking. Why are they so much more valuable these days than they were in the 60s/70s? Why did their compensation increase from less than 25 times average worker pay 40 years ago to several hundred times today? Why is the ratio so much higher in the US than in other countries? There's got to be an actual reason, right?
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