[mcv]

Thing is, bad CEOs that drive their company into the ground still get paid way more than we do. Terrible managers often get paid more than the talented people working under them. Salaries are determined more by power than by supply and demand. Also by supply and demand, but more by power. People who wield power get paid more, even if they're bad at it.

[ChuckNorris89]

Bad CEOs get paid a lot since if they fuck up, their failures are public and nobody will hire them afterwards so they need the money as insurance.

If you're a bad programmer, your failures aren't public and you can job hop to the next gullible company.

[mcv]

They don't need the money; their pay is already more than enough to retire from. Also, a bad CEO needs to fail spectacularly to not get hired. Plenty of mediocre CEOs keep getting hired for insane salaries.

[heavenlyblue]

> nobody will hire them afterwards

I don’t really think that is true at all.

[madeofpalk]

Trust me, terrible developers still get paid.

[pinkfoot]

And thank goodness for that!

[harry8]

Thing is bad programmers draw salary way more than ...

[AstralStorm]

Thing is, bad programmers do sometimes get fired. (Way too rarely, might I say, but that's the CEOs valuing cheap labor and speed over quality.)

Bad CEOs get a severance package on millions and go working elsewhere.

[mattxxx]

What's worse is that someone who is faking-it can impact the income of many people. For example, if you're a young engineer that works at a company that switches a good CEO for a bad CEO.

[rcxdude]

Supply and demand is just a form of power.