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by roflyear
1276 days ago
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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. |
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