this post was submitted on 20 Oct 2023
1034 points (95.2% liked)
Technology
59632 readers
2790 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Executive pay makes up up a much much smaller portion of business expenses than people think. I crunched some numbers for Lowes a while back after they got featured in story about CEO pay, and if you simply vaporized the CEO and redistributed his pay, Lowes employees would get an hourly raise of two cents.
And there are a hell of a lot more YouTubers than there are Lowes workers. Executive pay really is not the unlimited money pot people think it is.