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Top 20 CEO pay in the S&P 500 is disgusting
(www.visualcapitalist.com)
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this post was submitted on 20 Sep 2023
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
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- All workers must be paid a living wage for their labor.
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The comment above wasn't talking about them. He was talking about the CEOs listed here. Time cook makes ~$100m. The company could instead afford to hire ~1000 software developers instead. Is he doing more work than 1000 developers? Certainly not.
Yeah that's kind of my point, though. I agree Tim Cook doesn't do the work of 1000 developers, but I would suggest he does work comparable to at least 1 developer.
A "list of the most egregiously overpaid people in the world" really should include people who get paid not for doing work, but just owning things. CEOs are certainly egregiously overpaid, but if someone gets paid 1m a year to be a CEO, and someone else gets paid 1m a year for simply owning a company, I would contend the owner is more overpaid than the CEO.