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Is it supply and demand, or does the profession require more and or higher skills?
I just wanted to ask the shareholders on this forum why they are paying their CEOs more.
Whatever the board thinks their worth is what their value is. If you don't like what a CEO is getting paid then don't buy that stock or don't buy their product. Pretty simple stuff.
Is it supply and demand, or does the profession require more and or higher skills?
I just wanted to ask the shareholders on this forum why they are paying their CEOs more.
A ceos salary shouldn't be judged any different than that of a ditch digger.
Jealousy perhaps?
Whatever the board thinks their worth is what their value is. If you don't like what a CEO is getting paid then don't buy that stock or don't buy their product. Pretty simple stuff.
It's not whether or not I like it, I just wish to know what I am getting in return.
the CEO is the top manager at a corporation, they make all the decisions regarding financials and the direction of the company, they set the tone that others are supposed to follow. good CEOs are worth the money they are paid, take allan mullally for instance. ford hired him away from boeing, where he had finished turning that company around, and he has now turned ford around much faster than was thought. and he did it WITHOUT taking government bailout money, and without filing for bankruptcy.
the CEO is the top manager at a corporation, they make all the decisions regarding financials and the direction of the company, they set the tone that others are supposed to follow. good CEOs are worth the money they are paid, take allan mullally for instance. ford hired him away from boeing, where he had finished turning that company around, and he has now turned ford around much faster than was thought. and he did it WITHOUT taking government bailout money, and without filing for bankruptcy.
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?
A number of products that I use have seen an increase in price and decrease in quality. Neither the price of resources nor labor went up as much as the compensation of the CEO. Meanwhile, stock prices went up and the company was making record profits. I had to switch to premium products sold by other companies in order to get the same value.
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