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re: Updated CEO pay OP: CEOs earn 3.8 times average worker

Posted on 10/2/14 at 5:01 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37162 posts
Posted on 10/2/14 at 5:01 pm to
I think CEOs and workers should get as much money as they can get.

Unfortunetly, it all comes from the same pot.

To me, a great CEO is worth every penny. My problem is when a CEO comes in, screws everything up, the stock price drops by half, a bunch of people get laid off, and he leaves after 2 years with a bunch of millions.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 10/2/14 at 5:04 pm to
quote:

My problem is when a CEO comes in, screws everything up, the stock price drops by half, a bunch of people get laid off, and he leaves after 2 years with a bunch of millions.


When this happens, they just move on to be the CEO of the next company. Once you get in the CEO loop, you've got a golden parachute for life.
Posted by southernelite
Dallas
Member since Sep 2009
53178 posts
Posted on 10/2/14 at 5:05 pm to
I have no problems with it. They are hell of a lot smarter and more talented than actors/actresses, and no one is whining about the pay gap there.

Companies are owned by shareholders, and the CEOs job is to maximize shareholder wealth, ifshareholders think the best way to do that is paying a CEO millions, then by all means, go right ahead.
Posted by idlewatcher
County Jail
Member since Jan 2012
79360 posts
Posted on 10/2/14 at 5:06 pm to
quote:

I think CEOs and workers should get as much money as they can get.


Agreed - just like our Gov't. If they screw us and we do nothing, then we deserve it. People have a voice (ie. in this case shareholders) so quit bitching and do something about it if you have a problem.

Posted by bhtigerfan
Baton Rouge
Member since Sep 2008
29678 posts
Posted on 10/2/14 at 5:12 pm to
quote:

To me, a great CEO is worth every penny. My problem is when a CEO comes in, screws everything up, the stock price drops by half, a bunch of people get laid off, and he leaves after 2 years with a bunch of millions.
This. Most are overpaid for their "performance".
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