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CEO pay in America was forced to be made transparent by Congressional law. Shortly thereafter CEO pay started to skyrocket. There's no evidence CEOs started do
by devbent 3y ago
CEO pay in America was forced to be made transparent by Congressional law.
Shortly thereafter CEO pay started to skyrocket. There's no evidence CEOs started doing a 10x better job running companies but their pay sure as heck increased, 10x then 100x!
Countless studies have shown that workers are not motivated by money beyond around low six figures.
There is no reason to suspect a CEO earning $100 million is 100 times more dedicated to the job than one earning $1 million dollars.