If so, why?
2007-10-14 10:00:02 · 15 answers · asked by Milla 3 in Business & Finance ➔ Corporations
In the U.S., absolutely. The ratio between what CEOs are being paid and what they pay their employees has become ridiculous. That isn't anywhere near as true anywhere else in the world. Yes, the CEO is taking on risk that others don't, and has ultimate responsibility for the company, which others don't have, but given that when something goes wrong, everyone else seems to get fired before the CEO does, that argument is questionable. And yes, they generally work very hard, but so do many other people in most companies. Certainly they are not putting themselves at physical risk in the same way as may be the case for many of the lower-level employees. And yes, most have a fair amount of education, but come on, I'll bet in each company there are better-educated people making far less (I have two doctorates, and many CEOs are making 1,000 times my current salary).
2007-10-14 10:06:29 · answer #1 · answered by neniaf 7 · 1⤊ 0⤋
That really depends on what you are comparing them to. Compared to the average employee in the company or even other managers, they are probably overpaid in guaranteed money. Compared to the money that professional athletes, actors, musicians, and other celebrities make, they may actually be underpaid. It may be fairer if they were paid a lower base pay and bonuses based on how well the company does without all of the "safety nets" they currently receive.
2007-10-14 10:11:00 · answer #2 · answered by Truth is elusive 7 · 1⤊ 0⤋
No i don't think they are, it is the CE that are making the decisions that steer the directions of the company, they are the ones who will make the choices that are affecting the whole compnay and when something does not go as will as the board thinks it should it will the CE that will have to answer for it.
2007-10-14 10:07:00 · answer #3 · answered by LD 5 · 1⤊ 0⤋
A person is entitled to whatever someone is willing to pay them. We have too many controls on our lives as it is. If too many complain about someone else's salary, they will pass a law putting a cap on salaries for CEO's , pro ballplayers and then they will get around to US! Single workers will not be allowed as much pay as married, etc.
2007-10-14 11:55:11 · answer #4 · answered by anteater 3 · 0⤊ 0⤋
Really depends on the field. For example, in TX starting salaries for attorneys is around $165,000, yet CEO's in other fields such as NHS, I'd have to answer no to.
2007-10-14 10:11:02 · answer #5 · answered by Anonymous · 2⤊ 0⤋
yes....but if i ever make it to chief executive....the answer is no......the truth is...not everyone can become an executive.....and it's really hard to be promoted to that level.....so in some sense....the money is worth the rarity of the job......but not the job itself or the method of getting the job...which is most likely kissing ***
2007-10-14 10:04:24 · answer #6 · answered by Anonymous · 1⤊ 1⤋
Some of them yes, but for the most part, I don't think they are overpaid.
2007-10-14 10:03:21 · answer #7 · answered by Anonymous · 0⤊ 2⤋
If their industry is guarenteed federal funding because that CEO cannot produce a profit, yes he/she is being over paid!
2007-10-14 10:03:47 · answer #8 · answered by Traveler 4 · 1⤊ 0⤋
incredible score member of an government committee. frequently chosen via stockholder votes - hence once you are the generic public stockholder you mostly have the alternative of choosing your self to that place.
2016-12-14 17:43:48 · answer #9 · answered by mckernan 4 · 0⤊ 0⤋
Absolutely!!! They can run their company into the ground, steal the profits & still get a retirement settlement.
2007-10-14 10:03:47 · answer #10 · answered by shermynewstart 7 · 1⤊ 1⤋