How much does your CEO make compared to you? Now, that ratio is public
https://www.ocregister.com/2018/04/...ake-compared-to-you-now-that-ratio-is-public/
https://www.ocregister.com/2018/04/...ake-compared-to-you-now-that-ratio-is-public/
daedalus said:Wasn't CEO compensation already public for all publicly traded companies?
Kings said:These CEO comparisons always make me laugh. Everyone is all up in arms about CEOs making 1,000 times what an entry level worker makes, but nobody bats an eye when Lebron James makes 1,000 times what the ball boy makes. These CEOs are the Kobe and Lebron of their industry. They wouldn't be paid that much if the data entry peon could do the same job.
qwerty said:Kings said:These CEO comparisons always make me laugh. Everyone is all up in arms about CEOs making 1,000 times what an entry level worker makes, but nobody bats an eye when Lebron James makes 1,000 times what the ball boy makes. These CEOs are the Kobe and Lebron of their industry. They wouldn't be paid that much if the data entry peon could do the same job.
This is a horrible analogy.
fortune11 said:qwerty said:Kings said:These CEO comparisons always make me laugh. Everyone is all up in arms about CEOs making 1,000 times what an entry level worker makes, but nobody bats an eye when Lebron James makes 1,000 times what the ball boy makes. These CEOs are the Kobe and Lebron of their industry. They wouldn't be paid that much if the data entry peon could do the same job.
This is a horrible analogy.
Agree . the public CEO job is way over rated . I can say this having consulted for many of them . incentives are horribly aligned . as ceo , your sole purpose is to get the stock price higher by any means (including dumbfounded acquisitions) -- short termism over everything else
this is not to say anything about founder / ceos (like many posters on this forum) who actually have skin in the game
Liar Loan said:fortune11 said:qwerty said:Kings said:These CEO comparisons always make me laugh. Everyone is all up in arms about CEOs making 1,000 times what an entry level worker makes, but nobody bats an eye when Lebron James makes 1,000 times what the ball boy makes. These CEOs are the Kobe and Lebron of their industry. They wouldn't be paid that much if the data entry peon could do the same job.
This is a horrible analogy.
Agree . the public CEO job is way over rated . I can say this having consulted for many of them . incentives are horribly aligned . as ceo , your sole purpose is to get the stock price higher by any means (including dumbfounded acquisitions) -- short termism over everything else
this is not to say anything about founder / ceos (like many posters on this forum) who actually have skin in the game
This is a good discussion. I agree stock price is too easily manipulated and also subject to the whims of the market. What would be the better way to incentivize in your opinion? Tie it to book value or some other value measurement?
nosuchreality said:Tie executive compensation model to all salaried employees model ona porportional to base pay model.
Tie stock incentives to lknger time horizons with ownership vest date being a shorter term but sellable date being longer term.