Yep, like the people who say they are better than their coworkers and say unions would make them compensated less… USA propaganda succeeded… they don't even realise the enemy is their CEO.
The goal for a player seems to be to obtain the maximum, giving the least.
For his very role, the CEO will pay you the least amount he can get away with. Ok he won't think of a few dollars or cents, because it's not worth to think about it… but when you negotiate your salary he would give you a negative raise if he could get away with it. And during normal work days he wants you to work as much as possible.
Of course a good CEO understands that working 20h today means that you won't do a good job tomorrow… but the long term goal is that.
Would you not try to do something similar in working as minimally as possible for the pay? Does that make someone a bad person? Everyone tries to min-max life. Doesn’t make them enemies or bad people, it just makes them…people.
Yes of course I'm doing the same. I'm not saying CEO should be put to death… I'm saying that people have to understand their natural allies are people in their same situation.
I’ve always thought of minimum wage as a company declaring they will pay as low a wage possible without being thrown in jail… not a penny more. That should an embarrassing position to take… and yet.
CEO's interest is the shareholders (private or public), the company's profits, and his personal profit and success.
He only cares about employees, their compensation, and their health as much as it impacts these things. If he is altruistic, he'll care about them, but prioritize them after the above (if he's a "good CEO")
Give you an example: I know someone who owns a business making $5-6m PROFIT (take home, cash in the bank) a year. They have about 30-40 warehouse workers.
When wages were going up, they were freaking out about having to pay these workers $20/hr vs the $15 they were getting.
Sure, it's like $500k/yr. But seriously. The greed is astounding.
BTW the execs (I had access to their financials) were getting raises in the order of 2x over the next 2yrs. That's right. Double their salary over the next two years (way more than $500k/yr, btw!)
For what it is worth, I do run my own business, and yes - I give what I can to my employees.