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re: Funny how the socialists devalue a CEO

Posted on 12/29/23 at 1:58 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261577 posts
Posted on 12/29/23 at 1:58 pm to
quote:


CEOs don't care about the long term future.


Neither do workers.

But both have jobs to do, and are rewarded appropriately.

This post was edited on 12/29/23 at 1:59 pm
Posted by Corinthians420
Iowa
Member since Jun 2022
6781 posts
Posted on 12/29/23 at 2:05 pm to
quote:

Neither do workers.

But both have jobs to do, and are rewarded appropriately.

I haven't evaluated every CEO or worker, so I'm not sure which ones are rewarded appropriately. There is plenty of fraud at the CEO level.
Posted by kjp811
Denver, CO
Member since Apr 2017
859 posts
Posted on 12/29/23 at 2:36 pm to
quote:


CEOs don't care about the long term future.


Neither do workers.

But both have jobs to do, and are rewarded appropriately.


Because the CEOs that we are talking about are heads of publicly traded companies. So the are beholden to the shareholders and the boards. The salaries are nuts because the compensation is linked to the share price. A good majority of these CEOs come in with the sole job of increasing the value of the company in order to sell it or to buy marketshare by aquiring other companies.
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