| HappySqurriel said:
Someone who goes to school for 19 years putting in far more time to be at (or close to) the top of their class, and then spends 30 years working excessively long hours to develop the skill and experience to become an executive has put in tens of thousands of hours of work to be able to do 1 hour of work as an executive; in contrast, the pot-smoking high-school drop out has put no work into being able to do 1 hour of work as a janitor. Certainly, I think the pay of many CEOs at gigantic companies has become excessive primarily because of how they're paid. If it was up to me, I would have the executives in any company I was invested in paid primarily through stock-options that matured in 5 or 10 years; they would have a very solid salary (probably $200,000) but if they want to earn millions of dollars per year they would need to make decisions that worked out for the company in the long run. |
I agree with your second point. Hell, i would solidify it into the idea of universal salary caps, a way of forcing money to go to work without actually limiting income (which would just scare people out of the country). It would make more sense and help to cut down on mercenary CEOs who jump from one corp to the next, often making the transition in a golden parachute. Long-term thinking would be a good way of turning around the culture of exploitation
Monster Hunter: pissing me off since 2010.
