Comment by 0xbadcafebee
3 years ago
> from the organisation's point of view, the expenditure is cheap
But from any normal person's perspective, it's expensive.
The difference is who is in control and what are their priorities and influences. Since "the organization" is making the decisions - and, completely incidentally, "the CEO" is the head of "the organization" - it just so happens that "the organization" finds that "the CEO" should be paid lavishly.
Rich people gonna prioritize rich people.
> But from any normal person's perspective, it's expensive.
Why does it matter what that hypothetical "normal" person thinks? Does that "normal" person have insight into how much it costs to hire a competent executive?
The normal person knows that just having big paycheck does not make an executive more competent. We have all seen people with huge paychecks fail spectacularly.
Are you saying there's no correlation between salary and performance?
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It matters because "normal" people are the ones paying those extravagant salaries in the end.
Those normal people should know that $350k is a steal.
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