Submitted by lumpkin2013 t3_10etcrp in news
snarkycouple t1_j4tvin2 wrote
I was in management at Intel and was just laid off. This guy makes 200 times what I did to fail at his job.
CEOs are making more money than ever despite bringing little to no value. On top of it they are perpetuating the myth that C level execs are worth that kind of compensation.
I know, some "free market" fan boy will correct me soon and say that's what the market demands for execs but I would counter that C level execs are price fixing and artificially inflating their own salaries.
lumpkin2013 OP t1_j4ux687 wrote
This right here.
Hiddencamper t1_j4vzi9w wrote
Part of this issue, is laws meant to force CEO pay to be public has only resulted in the CEOs getting more negotiating power with each other. So their pay has skyrocketed.
The public outage and shareholder outrage apparently isn’t big enough for them to care.
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