1248
I will rue the day this inevitably happens.
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 04 Jan 2024
1248 points (97.6% liked)
Memes
45530 readers
1798 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
Not true
It is to sustain an elite that takes the money in form of salary
Wtf are you babbling about? What salary man do you know that's "elite"? They aren't even petite bourgeoisie, they just think they are. The middle class is dead.
All CEO make their money from absurd salaries that they choose themselves
A CEO isn't a salary man.... A salary man is just a white collar worker who works for a salary, not hourly. Which is typically taken advantage of by having them work a tremendous amount of unpaid overtime.
Also, salaries are generally the least attractive part of being paid as a CEO. Taking the majority of your compensation as stock options allows you to avoid income tax.
Then why is their salary extremely insanely out of proportion in a destructive manner orders of magnitude over any sane number?
Their total compensation is..... But, the vast majority of their compensation packages are made up of stock options and bonuses.
I'm not claiming that they aren't being paid way too much money, just that when people talk about a salary employee they don't typically think of the CEO.