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I will rue the day this inevitably happens. (lemmy.world)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 10 months ago (1 children)

All CEO make their money from absurd salaries that they choose themselves

[–] [email protected] 1 points 10 months ago (1 children)

A CEO isn't a salary man.... A salary man is just a white collar worker who works for a salary, not hourly. Which is typically taken advantage of by having them work a tremendous amount of unpaid overtime.

Also, salaries are generally the least attractive part of being paid as a CEO. Taking the majority of your compensation as stock options allows you to avoid income tax.

[–] [email protected] 1 points 10 months ago (1 children)

Then why is their salary extremely insanely out of proportion in a destructive manner orders of magnitude over any sane number?

[–] [email protected] 1 points 10 months ago

Their total compensation is..... But, the vast majority of their compensation packages are made up of stock options and bonuses.

I'm not claiming that they aren't being paid way too much money, just that when people talk about a salary employee they don't typically think of the CEO.