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OminousWeapons | 3 years ago
This makes no sense. Why should executive salary be tied or compared to the salary of any other employee role? Should my salary as a dev be a function of what a janitor makes? Should my Manager's salary be tied to my salary? I'm not sure where this idea originally came from but compensation should be based on the value the employee is adding , the rarity of that employee's skills, and how in demand that skill set it, not some arbitrary multiplier of another role's salary. I don't care if a CEO is paid NX the rate of the lowest paid role as long as they are adding value commensurate with their salary. Also, "truly fair rate" according to who, you? What makes you qualified to be the arbiter of corporate compensation?
> There is literally no job on earth that should command this price tag.
The people who have a vested interest in deciding this, namely Amazon shareholders, apparently disagree with you.
RONROC|3 years ago
Should definitely not be more than FIVE times what he makes. Because you're not 5x smarter, efficient, or important as FIVE (5) janitors. Period.
And if you think you are and you're using the "free market" as a factor, well then I'm sure you think BTC should of ever been worth 60k or that Tesla should be worth $900 a share.
It's incredible that people plant their morality within the confines of a "definitely rational market that's definitely not experiencing a bubble".
You're entitled to your opinion, and by all means share it—but in my earnest (peasant, non-leet) opinion, I think I can draw a straighter, truer, more direct corollary from a persons idea of what fair is (no matter how opaque) than I can from whatever bullshit he types in as a reply.
Agree to definitely disagree. No apologies.
OminousWeapons|3 years ago
Again, it doesn't matter if I'm smarter, more efficient, or "more important" than 5 janitors; what matters is how much money I can help the company make and how hard I am to replace. If I'm enabling the company to make 10X more money than the efforts of a janitor could yield and I'm very hard to replace, then I see no reason why I shouldn't be paid more than 5 janitors combined (granted, this isn't a great comparison because a janitor is more of a cost center, but you get the point). It has nothing to do with who the janitors are as people or who I am as a person, it's purely about money. Also where did you get the number 5 from? Why not 6 or 4? This is what I mean when I say this is very arbitrary.
> but in my earnest (peasant, non-leet) opinion, I think I can draw a straighter, truer, more direct corollary from a persons idea of what fair is (no matter how opaque) than I can from whatever bullshit he types in as a reply.
You seem to believe that companies exist to provide good paying, "fair" jobs, when infact they exist solely to make money. People are paid based on their ability to contribute to this, full stop.