Originally Posted by Fedaykin
In a thread here I once posed the question that video does:
Is the CEO of a company worth 400x the contribution of the average employee? Why or why not?
No one cared to actually answer.
An remember, that's the average CEO, not the worst.
Tim Cook (CEO of Apple), makes 2,500x what his average employee makes. What could one person do that even remotely justifies that amount of money compared to the folks actually doing the work? One of the top engineers (not even the average!) who actually designs and makes Apple products has to work months to earn the money Tim Cook makes in an hour.
I really want to know what people think justifies that.
I'm mystified as well. Most of America's CEOs are easily replaceable. I'm willing to bet that for most of them, there are dozens -- maybe even hundreds -- within their organizations that could do their jobs just as well or better.
Elon Musk. Alan Mulally. Bob Lutz. The late Steve Jobs. The list of corporate CEOs in modern times that actually earned their high salaries are few IMO.