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Reply to "Why are people so upset over CEOs salary?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I work for a Fortune 500 and you couldn’t pay me enough to be CEO. Their entire life and that of their family is completely dominated by work. To get to that level you are wholly owned by the company. If they want to live that life go for it. They should be compensated. And the pp who said it is mostly stock is correct. [/quote] I completely agree. I’m in senior level management and feel like my life revolves around work- but it is absolutely nothing compared to what my CEO deals with. He deserves whatever he is paid to handle the crap he handles [/quote] This just sounds so out-of-touch with lower income families where parents work several jobs just to make ends meet. A Fortune 500 CEO can quit at 40 and his grand kids can still be set with all the dividends. [/quote] I’m the first poster. There aren’t that many Fortune 500 CEOs who are 40. It’s a job you get after years of being completely dedicated to your industry. Look, I get it, it’s a ton of money. That said, I much prefer the childhood I had with a dad as a teacher and a stay at home mom than the life our CEO and other members of our executive team live. They move, often internationally, every couple of years, miss birthdays, concerts, first dates. You name it, they aren’t present. Their spouses frequently have to give us their jobs due to the frequent moves. Divorce rate is high. It’s an impossible life if you want to have any balance. If you are interested in that type of money start playing the game. The office and airports will be your new home and you’ll have a constant knot in your stomach from all the stress.[/quote] Retiring at 40 is just a rhetoric to show how much they make. I think you're still missing the point. Yea, I know, CEO's lives are difficult as they're married to their jobs. But there are many many low income parents that work several jobs and see little of their children just to make ends meet. The counter example of the low-salaried worker is not to belittle the achievements and dedication of the CEO, but to emphasize how exobertant and inflated their salaries are. [/quote] And no one is stopping any of the low income people you mention from becoming CEOs, or making 19 mil/year.[/quote] LMFAO And there it is, the most stupid, yet common, rhetoric that privileged and out of touch people have. "No one is stopping you from being rich!" "Anyone can be like me if they try hard enough!" "It's all about hard work and self reliance!!!" This is the sort of bullshit that get posted on Instagram by clueless rich girls whose Lamborghinis were paid for by daddy, and whose husband's executive job at a hedge fund was handed to him without any merits. Get your head out of your ass. There's no such thing as "everyone can make it if they try hard enough". The only thing that's constant in this country is "everyone was born with certain privileges, and some were born with a f**** load more than others."[/quote] Daddy gave me a small $1 million dollar "loan". [/quote]
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