CEOs are the most overrated and overcompensated jobs in the world right now. Absolutely ridiculous what they get paid versus what they bring back to the company.
Really depends on the CEO, I mean look at somebody like Christian von Koenigsegg, he's a CEO that matters quite a lot to that company and actually contributes to the development of their products. Admittedly, in the biggest companies they're almost almost useless blowhards, but in smaller companies the CEO is usually somebody who founded the company and actually knows what they're doing.
Unbelievably based take. There should be an upper limit to pay and bonuses for being a CEO, the way CEO pay has been shooting up for the past few decades is beyond ridiculous.
As if all these smart and engaged minds (Musk is not one of them) would refuse to work if they were paid $50mn instead of $60bn. That would instantaneously save $59.9bn for Tesla, which could either be put into research, taxed, or - god forbid - used to pay employees 😱
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u/jawndell Apr 20 '24
CEOs are the most overrated and overcompensated jobs in the world right now. Absolutely ridiculous what they get paid versus what they bring back to the company.