frayne
Thinks s/he gets paid by the post
I see these comparisons all the time on social media and frankly I don't understand the relevance.
I see these comparisons all the time on social media and frankly I don't understand the relevance.
I think it is safe to say that CEOs take on significantly higher risk and have much more responsibility than the average worker, (they probably work more hours, also), but I suspect that the average worker does not realize this or see it this way.
I see these comparisons all the time on social media and frankly I don't understand the relevance.
Take on significantly higher risk? I'm not sure what that means.
I don't think anyone would argue that CEO shouldn't be paid more - they always have.
But the disparity is increasing from what it was in years past. Why is that? Is the CEO role somehow riskier than it ever used to be? Is the responsibility of today's CEO much more than CEOs in the past? Is the ratio of CEO work hours to average worker hours much more than it used to be?
And even if some or all of those were actually true - does it have to be that way?
I think it is safe to say that CEOs take on significantly higher risk and have much more responsibility than the average worker, (they probably work more hours, also), but I suspect that the average worker does not realize this or see it this way.
That's no longer the case for many jobs. Besides, many lower level workers don't face a higher risk of, but rather are guaranteed, continuous underemployment.you can be gone overnight at the Board's whim.... and the buck stops with you irrespective of whether you were at fault or not... often as a scapegoat. Whereas for many lower level workers you have to build a file of poor performance, warnings, probation, etc. before being fired.
Is the CEO role somehow riskier than it ever used to be? Is the responsibility of today's CEO much more than CEOs in the past?
I just googled CEO pay and found that CVS...... BUT, there are 160K employees -
That's no longer the case for many jobs. Besides, many lower level workers don't face a higher risk of, but rather are guaranteed, continuous underemployment.
On that last part, if they are chronically underemployed then it is their own fault for not finding a job more commensurate with their abilities. If they can't find a better job then perhaps their opinion of their skills is overinflated and they are really not underemployed.
But the disparity is increasing from what it was in years past. Why is that? Is the CEO role somehow riskier than it ever used to be? Is the responsibility of today's CEO much more than CEOs in the past?
Yeah, it is always the worker's fault.
CEO club = mostly white, mostly male
it won't change in my life time
Never had a problem with CEO's making big bucks.
But when they're rewarded with golden parachutes after being at the helm while the company does poorly, I get a little irritated.
A few cases like that are included here.
10 of the Largest Golden Parachutes CEOs Ever Received
You're just plain wrong so we'll agree to disagree.On the first part, you're just plain wrong so we'll agree to disagree.
On that last part, if they are chronically underemployed then it is their own fault .
It had always been difficult to help people acknowledge their own privilege, especially gender privilege and racial privilege, but it has gotten even more difficult in the last year or two. More and more we are seeing a return to the corrupt belief that institutionalized discrimination and systemic economic disadvantage is the fault of the victims, even as we see some small sectors, such as Hollywood, finally acknowledging those failings, and doing something about it.Yeah, it is always the worker's fault. CEO club = mostly white, mostly male it won't change in my life time