These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m

  • Wilibus@lemmy.world
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    1 year ago

    I don’t think the point is for them to be less wealthy, the point is you shouldn’t make more than 600 times what half your employees make.

    • pjhenry1216@kbin.social
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      1 year ago

      I know. But investors don’t care. They’re the root of the problem. CEOs are simply an employee of the company that ultimately represents the shareholders interest. Affecting their pay does not affect shareholder value that much. It just commoditizes the CEO position.

      • solstice@lemmy.world
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        1 year ago

        Seriously, I literally just posted the same comment basically. It’s really silly how fixated on CEOs people are. I guess they are an easy scapegoat example, but they’re just goons hired by the board of directors on behalf of the shareholders. It’s not like they straight up own the company. (Yeah yeah yeah, there’s stock compensation, and some founder CEOs like Zuck still own shares after IPO etc, i know.)