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Which CEOs are actually worth keeping around?
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What if they work for a company where the vast majority of positions aren't viewed as a "career" jobs?
Not many people want to flip burgers or stock shelves the rest of their lives. If 80% of the workplace doesn't plan on sticking with the company anyway, why wouldn't they elect the person who will triple their salary for a few months before they jump ship to another burger chain?
With that bump in payment, they can afford to spend a few months looking for a job after the one they have goes away because the business went under.