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by tim333
862 days ago
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> claiming that they need to pay CEOs $50,000,000 salaries in order to recruit the very best ... >After a million dollars or so in salary, the absolute amount that a person is paid has no real impact on their life... At the high end it isn't really about employee lifestyle, it's about the value the person can bring to the business. If one CEO will take a $100k salary and keep the business about the same and the other wants $50m but will add £1bn in value to the business then the latter is a better deal for the owners. And the person wanting the $50m may not be greedy but just being offered similar elsewhere because they are good. Of course in real life people often get the high salaries without actually being that good which is a less fair deal. |
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