9 ms·
The point is the amount of compensation you could give to workers from reducing CEO pay is insignificant when you divide it by the number of workers, even if yo
by nerfhammer 5y ago
The point is the amount of compensation you could give to workers from reducing CEO pay is insignificant when you divide it by the number of workers, even if you imagine an unrealistically extreme reduction in CEO pay.
- consp 5y agoWhile true, it is no reason for not doing so. On the other hand if you cut the entire c-suite, other board members and top management in half there is a significant amount. Usually with companies this size there are many mini CEOs in divisions and it starts to add up.