Comment by jonnybgood
2 years ago
In the OP:
“Lorenzo estimates that the president of Mondragon is the highest-paid position (level 6) with a salary of around €200,000. Managers and directors earn between €80,000 and €120,000.”
2 years ago
In the OP:
“Lorenzo estimates that the president of Mondragon is the highest-paid position (level 6) with a salary of around €200,000. Managers and directors earn between €80,000 and €120,000.”
So the president makes less than a middle manager in a Fortune 500 company. I hope there are some other benefits…
The article talks about this extensively; both the benefits, and the difficulty hiring American workers because of our (I'm assuming "our", but I suppose I don't know, there are plenty of other countries with similar cultural norms) more individual, selfish, culture.
Well I said that because being an exec tends to be much more stressful, and I saw the discussion about the difficulty in hiring engineers abroad, but not about the execs. But maybe it’s less stressful in a democratically run company where employees vote on plans.
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