39 points

paid 118 times as much as the average worker.

For doing practically none of the work. If you’ve ever spent time in or around a c-suite you know exactly what I mean.

permalink
report
reply
14 points
*

Even if they were working their as off. There is no reason why someone should be paid that much.

Having between 3 to 5 time the pay of the lowest paid employee is enough to live very comfortably. This should be the legally required that the CEO can’t receive more than X time what the lowest salary is

This include bonuses, dividends and benefits in kind.

permalink
report
parent
reply
11 points
Deleted by creator
permalink
report
parent
reply
3 points

Nah man. They work harder than doctors and surgeons. That’s why they deserve to get paid more.

Hard work == more money, always. No exceptions. Ever.

permalink
report
parent
reply
1 point
Deleted by creator
permalink
report
parent
reply
-24 points

If you think this, you’re really lacking any experience or perspective. C-Suite is usually the hardest working set of positions in a company with far and away the longest hours and biggest individual impact on a company. This seems like a low ratio, honestly. Some mook pressing a button on a shop floor does not create anywhere near the value of a COO eliminating waste or a CEO steering the organization toward new revenue streams.

permalink
report
parent
reply
17 points

You’re right. My CEO deserves 118x my pay because I only work 8 hours a day, while they work 944 hours a day…

Yes, a CEO will likely have the most individual impact on a company, but that doesn’t mean what they’re doing is necessarily harder work than what someone on the shop floor is doing. They have more individual impact because they’re CEO; they’re not CEO because of their individual impact. Take that person from the shop floor and put them in the CEO position and they’ll then be the one with the most individual impact instead.

It’s a different set of skills, sure. But one of those skills is definitely “being good at persuading people who make the actual product / provide the actual service to work for far, far less money than the CEO who simply co-ordinates it all”.

permalink
report
parent
reply
9 points

Haha🤣 I have spent years in C-Suites working and playing with these guys and I can tell you this… Even CEO’s don’t agree with you on this!

permalink
report
parent
reply
7 points

That’s still a disgustingly large ratio. Does anyone know what it is in the US or Germany?

permalink
report
reply
4 points
3 points

Thanks

permalink
report
parent
reply
1 point

That’s pre-COVID data too, so the numbers are likely worse now.

permalink
report
parent
reply
6 points

Every day the disparity in wealth grows.

permalink
report
reply

World News

!world@lemmy.world

Create post

A community for discussing events around the World

Rules:

  • Rule 1: posts have the following requirements:

    • Post news articles only
    • Video links are NOT articles and will be removed.
    • Title must match the article headline
    • Not United States Internal News
    • Recent (Past 30 Days)
    • Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
  • Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think “Is this fair use?”, it probably isn’t. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.

  • Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.

  • Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.

  • Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19

  • Rule 5: Keep it civil. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to “Mom! He’s bugging me!” and “I’m not touching you!” Going forward, slapfights will result in removed comments and temp bans to cool off.

  • Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.

  • Rule 7: We didn’t USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you’re posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

Community stats

  • 11K

    Monthly active users

  • 17K

    Posts

  • 285K

    Comments