this post was submitted on 29 Dec 2024
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The argument is if you don't pay a CEO enough, they will go elsewhere where they are paid more. I don't know whether that is a good argument or not, but (at least some) CEOs have a skill set critical to the success of an organization. It would be interesting to know how the pay of CEOs in general has changed over time. That would tell you if this is shitty or not. My expectation is that it is somewhere in the middle leaning toward acceptable
Honestly I could care less about CEO salaries or company politics. I care about the service they provide. In this case the service is bad.