I always have to laugh when someone argues that CEOs should make million and billions because “they have all the risk”. What risk? As CEO, you can virtually ram a billion dollar company into the ground, and the worst that will happen to you is a multimillion dollar severance package.
That would only motivate them to outsource their low level staff to contractors so they could avoid including those people for the purposes of the calculation
If only we could forsee these types of things and plan the rules accordingly. Regardless, even this system would be an improvement. When MegaCorp becomes 20 dudes in an office who outsource everything, they’ll have to sign deals. The more they squeeze, the lower the pay for JanitorCorp’s CEO (for example), who will push back because their workers getting bent over a barrel harms them. The janitors would actually have someone looking out for them. It’d be a sort of Frankenstein’s monster of quasi-unions. Far from ideal, but again, better than now.
Maybe CEOs should only make 10 times as much as the lowest paid employee?
I always have to laugh when someone argues that CEOs should make million and billions because “they have all the risk”. What risk? As CEO, you can virtually ram a billion dollar company into the ground, and the worst that will happen to you is a multimillion dollar severance package.
So ok 5 times?
Best I can do is replaced by an executive assistant who flips a coin for every major decision.
We might have an opening in product or maybe QA if they’re ok sitting on 3 scrums.
That would only motivate them to outsource their low level staff to contractors so they could avoid including those people for the purposes of the calculation
If only we could forsee these types of things and plan the rules accordingly. Regardless, even this system would be an improvement. When MegaCorp becomes 20 dudes in an office who outsource everything, they’ll have to sign deals. The more they squeeze, the lower the pay for JanitorCorp’s CEO (for example), who will push back because their workers getting bent over a barrel harms them. The janitors would actually have someone looking out for them. It’d be a sort of Frankenstein’s monster of quasi-unions. Far from ideal, but again, better than now.
We still need to have ceos, of course.
Where do you want that extra money to go man? Where? 🤣