[GJR]

What is the actual point of giving anyone $226m in pay? How would that motivate them to deliver any more..? Ratio of CEO:staff pay at 1000:1!

[PeterisP]

It's not to motivate a particular person to deliver more, it's to ensure that you're able to hire that person - if they would pay, for example, $2million, then no one with experience at managing decent size tech companies would apply as they can get a much better offer elsewhere.

Also, CEO compensation is effectively between the shareholders and the CEO - if the CEO is making the shareholders happy and they want to gift him $200m for no good reason, well, it's their right to do so, it's their money to spend or waste as they wish, not the employee's.

[GJR]

By doing so, don't you restrict the pool of talent that you can hire from?

[easytiger]

Why does Buffett get up and go to work in the morning?

[ta1243]

Why would someone work for $250m but not work for $150m? Or at that level of wealth work for free.

Surely it's just for keeping score

[JenrHywy]

By why would someone work for $150m when they can get $250m? The pool of CEOs that can successfully run billion dollar companies is pretty tiny.

[PeterisP]

The question isn't whether someone would work for $250m but would not work for $150m; the question is whether someone would or wouldn't work for you for that amount. If someone else offers $200m to the same person, they would work for you for $250m and wouldn't work for you for $150m.

[ta1243]

Why would the money come it to it rather than the challenge, opportunity, colour of the carpet in the hall, etc

[easytiger]

Mr Buffett is 92 years old and works every day and is worth approx $120 billion.

In the past 70 years hes had more money than needed for him to decide to give it all up. Why hasn't he?

[staticman2]

Why are you asking this question? Is it rhetorical, and if so, what point do you feel you are making?

[easytiger]

Why are you asking that question? The post to which i replied was asking why someone who has made that much money would continue working.

[staticman2]

You were the one that asked that.

[ta1243]

Which post asked that

[ta1243]

So his salary is irrelevant, whether he is paid $1 or $1b a year makes no difference to his lifestyle.

[roflyear]

It's sad really

[Maursault]

Some people are so poor, all they have is money

[aeyes]

Warren Buffets salery has been $100.000 for decades. And as far as I know Berkshire doesn't do stock based compensation at all, Buffet just holds the shares he always held.

[tabtab]

To beat competitors, not have tons of beemers for beemer sake. The motivation is relative. The 3 big "robber barons" of the late 1800's use to send each other brag-grams over who was richer.

[zymhan]

Certainly not because he needs to work for a living, or for anything at all.

[jason0597]

Certainly not for money, he lives in a simple house and drives a simple car. Probably because he just likes his job

[choppaface]

To keep score.